Source - RNS
RNS Number : 7852I
ITE Group PLC
21 June 2017
 

 

21 June 2017

 

ITE Group plc ("ITE") - NOTIFICATION OF TRANSACTIONS OF DIRECTORS', PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

ITE Group plc ('the Company') announces that on 19 June 2017 the following Directors have been awarded Nominal Options over ordinary shares of 1p of ITE Group Plc under the Rules of the 2014 Employees' Performance Share Plan ('PSP') as shown below:

Name

Role

Number of shares granted under the PSP

Total number of options held over ordinary shares following this notification

 Mark Shashoua

Chief Executive Officer

434,083

434,083  

Andrew Beach

Chief Financial Officer

215,273

215,273

 

Subject to the terms of the PSP, the awards will vest and become exercisable from the third anniversary of the grant of the awards subject to continued service and to the extent to which the relevant performance conditions were satisfied over the three financial years ended 30 September 2019.

This notification is made pursuant to Disclosure and Transparency Rule 3.1.4.

Contact:

Anneka Kingan, Group Company Secretary  

[email protected]

+44 (0) 20 7596 5139

 



 

Notification of Dealing Form:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Mark Shashoua

 

2

 

Reason for the notification

 

a)

 

Position/status

 

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

 

ITE Group Plc

b)

 

LEI

 

549300ZOQOW485BCD047

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

Ordinary Shares of 1 pence each


 

Identification code

GB0002520509

 


b)

 

Nature of the transaction

 

 

Grant of 1p cost options under the Company's Employees' Performance Share Plan

 

c)

 

Price(s) and volume(s)

 

Price per share

Volume

1p

434,083

d)

Aggregated Information

 

Volume

 

Price

 

 

Volume

Price per share

434,083

1p

 

e)

Date of transaction

19 June 2017

f)

Place of transaction

London Stock Exchange (XLON)

 

 



 

Notification of Dealing Form:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Andrew Beach

 

2

 

Reason for the notification

 

a)

 

Position/status

 

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

 

ITE Group Plc

b)

 

LEI

 

 549300ZOQOW485BCD047

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

Purchase of Ordinary Shares of 1 pence each


 

Identification code

ISIN: GB0002520509

 


b)

 

Nature of the transaction

 

 

Grant of 1p cost options under the Company's Employees' Performance Share Plan

 

c)

 

Price(s) and volume(s)

 

Price per share

Volume

1p

215,273

 

d)

Aggregated Information

 

Volume

 

Price

 

 

Volume

Price per share

215,273

1p

e)

Date of transaction

19 June 2017

f)

Place of transaction

London Stock Exchange (XLON)

 

 


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