Source - RNS
RNS Number : 9947J
Carr's Group PLC
15 September 2016
 

 

15 September 2016

Carr's Group plc

("Carr's", the "Company", or the "Group")

Director/PDMR Shareholding

 

Carr's has been notified that on 05 September 2016, Timothy Davies, Chief Executive, exercised options over 190,110 ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") awarded under the Group's Long Term Incentive Plan 2013.

 

Following the exercise, on 14 September 2016 Timothy Davies sold 89,896 Ordinary Shares at a price of 155.77p per share to cover the associated tax charge arising on the exercise of the award. Subsequent to these transactions, Timothy Davies now has an interest in 120,214 Ordinary Shares, representing 0.01% of the Company's issued share capital.

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Timothy Davies

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Carr's Group plc

(b)

LEI

213800HTIKPQV98RA653

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

Description of the Financial Instrument

Ordinary shares of £0.025 each

(b)

Identification code of the Financial Instrument

GB00BRK01058

(c)

Nature of the transaction

Sales of shares

 

(d)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

155.77 pence

89,896

 

 

 

(e)

Aggregated information

-              Aggregated volume

-              Price

N/A

(f)

Date of the transaction

2016-09-05 Exercise of options

2016-09-14 Disposal of shares

(g)

Place of the transaction

London Stock Exchange

 

 

ENQUIRIES:

Carr's Group plc                                                     01228 554 600

Katie Wood (Company Secretary)

 

Powerscourt                                                          020 7250 1446

Nick Dibden                                                           [email protected]

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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