Source - RNS
RNS Number : 8751M
Worldpay Group PLC
18 October 2016
 

18 October 2016

Worldpay Group plc (the "Company")

NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

The Company announces that a number of PDMRs and a Person Closely Associated with one of them sold an aggregate of 21,884,664 ordinary shares of 3 pence each (the "Shares") in the market on 17 October 2016, at an average price of 285.0285 pence per Share. 

The sale of shares follows the anniversary on 16 October 2016 of the IPO of the Company and the expiry of the first-year lock-up period described in the Prospectus published by the Company on 13 October 2015 prior to the Company's Initial Public Offering on 16 October 2015.

Following the sale of the shares, the PDMRs continue to hold significant interests in the share capital of the Company, including fully vested shares subject to lock-up periods of up to a further two years and, other than the non-executive Directors, conditional shares awarded under the Transitional Award Plan, the Performance Share Plan and the Save As You Earn Plan. The PDMR's retained interests in fully vested shares in the Company (the value of which is also expressed as a percentage of base salary for the Executive Directors) are shown in the tables below:

Executive Directors*

No of shares sold

No of fully vested shares held following the sale

Value of shares held as a percentage of salary**

Philip Jansen

3,754,044

7,508,089

2,553%

Ron Kalifa

1,858,000

5,735,022

3,489%

Rick Medlock

200,000

5,402,920

3,123%

 

Non-executive Directors

No of shares sold

No of shares held following the sale

John Allan

743,511

1,908,614

Martin Scicluna

192,137

303,671

 

Other PDMRs*

No of shares sold

No of fully vested shares held following the sale

Andy Doyle

879,616

1,759,233

Mark Edwards

874,362

1,748,724

Shane Happach***

2,479,151

1,858,780               

Dave Hobday

1,507,808

3,015,616

Mark Kimber

1,566,021

3,132,043

Floris de Kort

620,589

1,241,179

Ruth Prior

387,638

775,279

 

*The Executive Directors and other PDMRs also hold conditional interests in the Transitional Award Plan, the Performance Share Plan and the All-Employee SAYE Plan described in the Company's Remuneration Report, which can be found at http://investors.worldpay.com/   The Interests of the Executive Directors in those conditional awards are as follows:

Executive Director

TAP award

PSP award

SAYE award

Total

Philip Jansen

833,333

602,409

7,531

1,443,273

Ron Kalifa

416,666

252,480

7,531

   676,677

Rick Medlock

416,666

265,768

7,531

  689,965

 

**Based on a share price of 289p, being the closing price on 17 October 2016.

***the shares shown against Shane Happach's name are/were held by Ares Ltd, a Person Closely Associated with Shane Happach, a PDMR of the Company. Mr Happach has/had no beneficial interest in the shares sold by Ares Ltd, the proceeds of the sale of those shares or the retained shares shown against his name.

Enquiries:




Investor relations:

Charles King, Investor Relations Director

 

Media:

Claire Hardy, Head of External Communications

James Murgatroyd / Andrew Hughes, Finsbury

 


Tel:
+44 (0) 203 664 6171

 

 

Tel: +44 (0) 203 664 4902

Tel: +44 (0) 207 251 3801

Group Company Secretary:

Derek Woodward, Group Company Secretary              Tel: +44 (0) 7342 082 043

 

About Worldpay Group plc

Worldpay (LSE: WPG) is a leader in global payments. We provide an extensive range of technology-led payment products and services to over 400,000 customers, enabling their businesses to grow and prosper. We manage the increasing complexity of the payments landscape for our customers, allowing them to accept the widest range of payment types around the world. Using our network and technology, we are able to process payments from geographies covering 99% of global GDP, across 146 countries and 126 currencies.  We help our customers to accept more than 300 different payment types. http://investors.worldpay.com/  


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