Source - RNS
RNS Number : 4807X
Sophos Group Plc
10 August 2018
 

Sophos Group plc

(the Company)

 

10 August 2018

 

Notification of Transaction by Persons Discharging Managerial Responsibilities

 

On 7 August 2018, performance share units (PSU) and restricted share units (RSU) vested under the Sophos Group Long Term Incentive Plan 2015 (LTIP). The PSU and RSU were granted on 7 August 2015. The vesting of the PSU was subject to the satisfaction of performance conditions.

 

The following PDMRs have completed the sale of ordinary shares of 3p each in the capital of the Company (Shares) to cover the tax obligations falling due:

 

PDMR

Type of award

Number vested

Number of shares sold to cover tax obligations falling due

Shares retained

 

Kris Hagerman

PSU

831,686

412,350

419,336

RSU

113,238

56,144

57,094

Nick Bray

PSU

391,382

183,950

207,432

RSU

49,158

23,105

26,053

 

Following this transaction, Kris Hagerman and Nick Bray have total beneficial interests over 2,560,544 and 372,585 Shares, respectively.

 

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

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kris Hagerman

2 

Reason for the notification 

a) 

Position/status 

Chief Executive / Director

b) 

Initial notification /Amendment 

Initial notification

3

 

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

a) 

Name 

Sophos Group plc

b) 

LEI 

21380078ZKBCC75BO206

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 

Ordinary shares of 3p each in Sophos Group plc (Shares)

 

 

GB00BYZFZ918

 

b)

 

Nature of the transaction

 

 

Sale of Shares to cover the tax obligations falling due in relation to the vesting of PSU and RSU under the Sophos Group Long Term Incentive Plan 2015 (LTIP).

c) 

Price(s) and volume(s) 

 

Price(s)

Volume(s)

£5.0129

468,494

d)

 

Aggregated information 

 

- Aggregated volume 

 

- Price 

 

 

Total number of Shares sold by the PDMR on

9 August 2018: 468,494

 

Total price: £2,348,513.57

 

e) 

Date of the transaction 

9 August 2018

f)

Place of the transaction 

London Stock Exchange (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nick Bray

2 

Reason for the notification 

a) 

Position/status 

Chief Financial Officer / Director

b) 

Initial notification /Amendment 

Initial notification

3

 

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

a) 

Name 

Sophos Group plc

b) 

LEI 

21380078ZKBCC75BO206

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 

Ordinary shares of 3p each in Sophos Group plc (Shares)

 

 

GB00BYZFZ918

 

b)

 

Nature of the transaction

 

 

Sale of Shares to cover the tax obligations falling due in relation to the vesting of PSU and RSU under the Sophos Group Long Term Incentive Plan 2015 (LTIP).

c) 

Price(s) and volume(s) 

 

Price(s)

Volume(s)

£5.0129 per share

207,055

  

d)

 

Aggregated information 

 

- Aggregated volume 

 

- Price 

 

 

Total number of Shares sold by PDMR on

9 August 2018: 207,055

 

Total price: £ 1,037,946.01

 

e) 

Date of the transaction 

9 August 2018

f)

Place of the transaction 

London Stock Exchange (XLON)

 

Chloe Barry

Group Company Secretary

 

www.sophos.com 


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END
 
 
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