Source - RNS
RNS Number : 7302H
Pro Global Insurance Solutions PLC
09 June 2017
 

 

 

Pro Global Insurance Solutions plc

9th June 2017

 

 

Pro Global Insurance Solutions plc (the "Company" or "Pro Global")

Grant of shares

 

 

Pro Global announces the award of new ordinary shares in the Company on 6th June 2017 in accordance with the schedule below;

 

Name of Participant

Number of Shares

Artur Niemczewski, Chief Executive

574,218

Andrew Donnelly, Chief Financial Officer

191,406

Richard Lawson, Global Client Engagement Director

114,844

Other senior management

344,532

Total number of shares

1,225,000

 

The vesting of an award is subject to the participant being bound by the rules of the plan.

 

On 22 December 2016, the Company announced the sale (the "Sale") of its outsourcing and consulting businesses ("Pro"), subject to Shareholder, Regulatory, and other approvals.  The company has been progressing with these and is expecting for a completion to the Sale by the end of June 2017.

 

 

Enquiries:

Artur Niemczewski, Chief Executive

Pro Global Insurance Solutions plc

020 7068 8123  

James Britton or Guy Wiehahn

Peel Hunt LLP (nominated adviser and broker)

020 7418 8900

 

 

 

 

The information set out in the tables below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Artur Niemczewski

2

 

Reason for the notification

a)

 

Position/status

 

PDMR - Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

a)

 

Name

 

Pro Global Insurance Solutions PLC

b)

 

LEI

2139004D5RIJ1EVMMR05

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

Share options over ordinary shares with a nominal value of 2p pence each with an exercise price of Nil

 

ISIN :   GB00BIZ5KB73

 

b)

 

Nature of the transaction

 

 

Artur Niemczewski has been awarded share options over 574,218 ordinary shares

c)

 

Price(s) and volume(s)

 

 

Exercise Price(s)

 

Volume(s)

Nil

 

574,218

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

Exercise Price(s)

 

Volume(s)

Nil

 

574,218

e)

 

Date of the transaction

 

6 June 2017

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Andrew Donnelly

2

 

Reason for the notification

a)

 

Position/status

 

PDMR - Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

a)

 

Name

 

Pro Global Insurance Solutions PLC

b)

 

LEI

2139004D5RIJ1EVMMR05

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

Share options over ordinary shares with a nominal value of 2p pence each with an exercise price of Nil

 

ISIN :   GB00BIZ5KB73

 

b)

 

Nature of the transaction

 

 

Andrew Donnelly has been awarded share options over 191,406 ordinary shares

c)

 

Price(s) and volume(s)

 

 

Exercise Price(s)

 

Volume(s)

Nil

 

191,406

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

Exercise Price(s)

 

Volume(s)

Nil

 

191,406

e)

 

Date of the transaction

 

6 June 2017

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Richard Lawson

2

 

Reason for the notification

a)

 

Position/status

 

PDMR - Global Client Engagement Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

a)

 

Name

 

Pro Global Insurance Solutions PLC

b)

 

LEI

2139004D5RIJ1EVMMR05

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

Share options over ordinary shares with a nominal value of 2p pence each with an exercise price of Nil

 

ISIN :   GB00BIZ5KB73

 

b)

 

Nature of the transaction

 

 

Richard Lawson has been awarded share options over 114,844 ordinary shares

c)

 

Price(s) and volume(s)

 

 

Exercise Price(s)

 

Volume(s)

Nil

 

114,844

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

Exercise Price(s)

 

Volume(s)

Nil

 

114,844

e)

 

Date of the transaction

 

6 June 2017

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 


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