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




George Franks (PDMR)

Reason for the notification




Managing Director, Interserve International

Initial notification /Amendment


Initial notification

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




Interserve Plc




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





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)











Aggregated information


- Aggregated volume


- Price







Date of the transaction



Place of the transaction


Outside a trading venue




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