Source - RNS
RNS Number : 1589M
Zoopla Property Group PLC
10 October 2016
 

10 October 2016

 

Zoopla Property Group Plc

(the "Company")

 

Director/PDMR Shareholding Notification in accordance with MAR 19(6)

 

The Company announces that on 07 October 2016, the following directors and PDMRs purchased the number of ordinary shares in the Company (Partnership Shares) set out against their names below and were allocated the number of free ordinary shares (Matching Shares) set out against their names below, in each case under the Company's Share Incentive Plan (SIP):

 

Name

Director/PDMR

Partnership Shares

Matching Shares

 

Alex Chesterman

 

Director

46

46

Steve Weller

 

PDMR

46

46

 

The Partnership Shares were purchased at the price of £3.301 per share. Under the SIP, each participant may contribute up to £150 per month towards the purchase of Partnership Shares. In accordance with the rules of the SIP, one Matching Share has been awarded for each Partnership Share purchased. The Matching Shares are subject to a 12 month forfeiture period.

 

The Company received notification of this transaction from the trustees of the SIP on 07 October 2016. This announcement, including the notification(s) below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 

1

Details of the PDMR

 

a)

Name

1.    Alex Chesterman

2.    Steve Weller

 

2

Reason for the notification

 

a)

Position/status

 

1.    CEO/Director

2.    MD of Comparison Services/PDMR

 

b)

Initial notification/Amendment

 

Initial Notification

3

Details of the issuer

 

a)

Name

 

Zoopla Property Group Plc

b)

LEI

 

N/A

4

Details of the transaction(s):

 

a)

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of £0.001

 

 

ISIN: GB00BMHTHT14

 

b)

Nature of the transaction

Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the SIP.

 

c)

Price(s) and volume(s)

 

 

 

 

Partnership shares

 

Price(s)

 

 

Volume(s)

1.    £3.301

2.    £3.301

1.    46

2.    46

 

 

 

 

Matching shares

 

Price(s)

 

 

Volume(s)

1.    £3.301

2.    £3.301

1.    46

2.    46

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

Price(s)

Volume(s)

1.    £3.301

2.    £3.301

1.    92

2.    92

 

 

e)

Date of the transaction

07 October 2016

 

f)

Place of transaction

London Stock Exchange

 

 

 -Ends-

Enquiries:

Zoopla Property Group Plc

Ned Staple

General Counsel and Company Secretary

020 7620 4761

 

 


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