Source - RNS
RNS Number : 6038A
McBride PLC
12 September 2018
 

RNS Announcement

 

 

Notification and public disclosure of LTIP Awards to Directors and Persons Discharging Managerial Responsibilities ("PDMR")

 

12 September 2018

 

 

McBride plc confirms that an allocation was granted under the terms of the McBride plc 2014 Long Term Incentive Plan (the Plan) to Executive Directors and persons discharging managerial responsibilities (PDMR) as set out below.  The awards were granted on 10 September 2018 and the ordinary shares will vest at the end of a three-year period depending on the achievement of performance targets set out in the Plan, and will not require any payment from the individuals.

 

 

Name

Status

No. of shares subject to allocation

 

Rik De Vos

Chief Executive Officer

 

Director

440,950

Chris Smith

Chief Finance Officer

 

Director

248,006

Jean Charles Philippon

Chief Commercial Officer

 

PDMR

82,529

 

Following this award, total holding and interests of the Executive Directors in ordinary shares in McBride plc are:

 

Name

Total holdings of ordinary shares

Percentage of current issued share capital (excluding treasury shares)

Total interest in ordinary shares

Rik De Vos

176,887

0.0969%

1,400,981

Chris Smith

122,772

0.0672%

833,510

 

This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation.

 

1.

Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA")

a)

Name

 

Rik De Vos

2.

Reason for the notification

b)

Position/Status

Chief Executive Officer

 

 

c)

Initial notification/amendment

 

Initial Notification

 

 

3.

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

a)

Name

McBride plc

b)

LEI

213800HX7FMPA2CIEF02

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 10p each

 

 

GB0005746358

 

 

 

b)

Nature of the transaction

 

Grant of an award under the Company's Long Term Incentive Plan as a conditional award of shares. Subject to continued service, normally vests after 3 years.

 

 

c)

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

Nil

 

440,950

d)

Aggregated information

Aggregated volume

Price

 

As above

e)

Date of the transaction

 

10 September 2018

 

f)

Place of transaction

 

Outside of a trading venue

 

1.

Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA")

a)

Name

 

Chris Smith

2.

Reason for the notification

b)

Position/Status

Chief Financial Officer

 

 

c)

Initial notification/amendment

 

Initial Notification

 

3.

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

a)

Name

McBride plc

b)

LEI

213800HX7FMPA2CIEF02

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 10p each

 

 

GB0005746358

 

 

 

b)

Nature of the transaction

 

Grant of an award under the Company's Long Term Incentive Plan as a conditional award of shares. Subject to continued service, normally vests after 3 years.

 

 

c)

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

Nil

 

248,006

d)

Aggregated information

Aggregated volume

Price

 

As above

e)

Date of the transaction

 

10 September 2018

 

f)

Place of transaction

 

Outside of a trading venue

 

 

1.

Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA")

a)

Name

 

Jean Charles Philippon

2.

Reason for the notification

b)

Position/Status

Chief Commercial Officer

 

 

c)

Initial notification/amendment

 

Initial Notification

 

 

3.

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

a)

Name

McBride plc

b)

LEI

213800HX7FMPA2CIEF02

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 10p each

 

 

GB0005746358

 

 

 

b)

Nature of the transaction

 

Grant of an award under the Company's Long Term Incentive Plan as a conditional award of shares. Subject to continued service, normally vests after 3 years.

 

 

c)

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

Nil

 

82,529

d)

Aggregated information

Aggregated volume

Price

 

As above

e)

Date of the transaction

 

10 September 2018

 

f)

Place of transaction

 

Outside of a trading venue

 

 

 

 

 


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