Source - RNS
RNS Number : 1232L
Atkins (WS) PLC
28 September 2016
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The attached individual notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to the exercise of an award granted under the terms of the WS Atkins plc Long-term Growth Unit Plan ("LGU") on behalf of a person discharging managerial responsibilities ("PDMR"). This announcement is made in accordance with article 19.3 of MAR.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Heath Stewart Drewett

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Group Finance Director / PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

 

3

 

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

 

a)

 

Name

 

 

WS Atkins plc

b)

 

LEI

 

 

213800K6B5Q9X8Z1HI36

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

 

 

 

Ordinary shares of 0.5 pence each

 

GB0000608009

 

b)

 

Nature of the transaction

 

 

 

Acquisition following the exercise of 7,235 units granted under the terms of the LGU, where the value of each unit is equal to the difference between the Company's

six-month average share price at exercise and the Company's six-month average share price at grant. The value of any units exercised is delivered in the form of Company shares. The exercise of 7,235 units equated to the acquisition of 3,127 shares.

 

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

 

Volume(s)

Nil

 

3,127

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

3,127

 

 

Nil

 

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

 

 

 

Ordinary shares of 0.5 pence each

 

GB0000608009

 

b)

 

Nature of the transaction

 

 

 

Disposal of shares to fund the tax liability due on exercise of the LGU award.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

 

Volume(s)

15.42 GBP

 

1,470

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

1,470

 

 

15.42 GBP

 

e)

 

Date of the transaction

 

 

2016-09-26

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

Guy Holden

Company Secretariat

(Responsible for releasing this announcement)

2016-09-28


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

Related Charts

Atkins (W S) (ATK)

-2.50p (-0.18%)
delayed 17:04PM