Source - RNS
RNS Number : 2283K
Pets At Home Group Plc
19 September 2016
 

19 September 2016

Notification of Transaction of PDMR

 

Pets at Home Group Plc

 

 

Pets at Home Group Plc ("the Company") makes the following announcement regarding one of its Persons Discharging Managerial Responsibility's (PDMR) participation in the Company's Sharesave Plan ("Sharesave")

 

The Sharesave Plan is a tax advantaged share option plan available to all of the Company's employees, subject to qualifying conditions.  It offers the opportunity for employees to buy ordinary shares of 1 pence each ("Share") in the Company using savings accumulated over a three year period.

 

The PDMR detailed below has elected to cancel his participation in the 2015 offer of Sharesave, resulting in the lapsing of the options originally granted to him on 6 October 2015 with an exercise price of £2.30 per Share.  The options would have become exercisable on 1 December 2018.  3,913 options lapsed.  The notification of dealing form for the PDMR can be found below.

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Peter Pritchard

2

Reason for the notification

 

a)

Position/status

Chief Executive of the Retail Division

 

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pets at Home Group Plc

b)

LEI

N/A

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, type of instrument

 

 

Identification code

Options over Ordinary shares of 1 pence each in Pets at Home Group Plc

 

 

ISIN  GB00BJ62K685

b)

Nature of the Transaction

Peter Pritchard cancelled his participation in the 2015 offer under the Pets at Home Group Sharesave Scheme and discontinued his monthly contributions resulting in the lapsing of the Options originally granted to him on the 6th October 2015 with an exercise price of £2.30 per Share. The Sharesave is a tax advantaged share scheme offered to all eligible employees of the Company.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

£2.30

3,913

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

 

 

Price

 

Aggregated volume

Aggregate Total

£2.30 per Share

3,913

8999.90

e)

Date of Transaction

16th September 2016

f)

Place of Transaction

London Stock Exchange (XLON)

 

This announcement is made in accordance with Article 19 of the Market Abuse Regulation and the Disclosure and Transparency Rules.

 

 

Persons responsible for arranging the release of this announcement

 

Louise Stonier

Group Legal Director and Company Secretary

Pets at Home Group Plc

Epsom Avenue

Stanley Green Trading Estate

Handforth

Cheshire

SK9 3RN

Tel: 0161 486 3590

Email: [email protected]


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