Source - RNS
RNS Number : 4849T
Interserve PLC
12 October 2017
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

Pursuant to Article 19 of European Regulation No.596/2014 (the Market Abuse Regulation), Interserve Plc (the "Company") announces that, on 11 October 2017, the following Person Discharging Managerial Responsibilities ("PDMR") was granted options to acquire ordinary shares of 10 pence each under the Interserve Sharesave Scheme 2009, an all-employee share scheme.

 

The options were granted at an Option Price of 91 pence and can normally be exercised between 1 December 2020 and 31 May 2021. The exercise of options on maturity is not dependent upon performance criteria.

 

Details of the person discharging managerial responsibilities / person closely associated

 

Name

 

George Franks (PDMR)

Reason for the notification

 

Position/status

 

Managing Director, Interserve International

Initial notification /Amendment

 

Initial notification

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

 

Name

 

Interserve Plc

LEI

 

549300MVYY4EZCRFHZ09

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

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 10 pence each

 

 

GB0001528156

 

Nature of the transaction

 

 

Options granted on 12 October 2017 pursuant to the Interserve Sharesave Scheme 2009 at an Option Price of £0.91

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0.91

 

3,956

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

3,956

 

£0.91

 

Date of the transaction

 

2017-10-11

Place of the transaction

 

Outside a trading venue

 

 

 


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