Source - LSE Regulatory
RNS Number : 1241M
Sanne Group PLC
25 April 2018
 

25 April 2018

SANNE GROUP PLC

Grant of share awards

On 24 April 2018, awards over ordinary shares of 0.01p each in Sanne Group plc (the "Company") were made to certain persons discharging managerial responsibilities ("PDMRs") under the Sanne Group plc Performance Share Plan, as follows:

Name of PDMR

Number of Shares held under award

Dean Godwin

47,900

Spencer Daley

34,449

Martin Schnaier

34,449

Eric Watson

24,606

Zena Couppey

24,606

Steve Sokic

24,606

Mark Law

23,890

Martin Pearson

22,146

Sean Murray

21,775

 

No consideration was paid for the grant of the awards which are structured as conditional share awards. 

The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions. 

Furthermore on the same date an award over ordinary shares of 0.01p each in Sanne Group plc (the "Company") were made to the Executive Directors under the Sanne Group plc Annual Performance Bonus Plan for the 2017 financial year, as follows:

Name of Executive Director

Number of Shares held under award

Dean Godwin

8,497

Spencer Daley

6,623

Philip Godley *

5,966

* Stepped down from the board 1 January 2018

The Company was informed of the above transactions on 24 April 2018. 

This announcement, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dean Godwin

2

Reason for the notification

a)

Position/status

Chief Executive Officer and PDMR

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP) and the Sanne Group plc Annual Performance Bonus Plan (ABP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

47,900


£6.096 (APB)

8,497







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 56,397

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Spencer Daley

2

Reason for the notification

a)

Position/status

Chief Finance Officer and PDMR

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP) and the Sanne Group plc Annual Performance Bonus Plan (ABP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

34,449


£6.096 (APB)

6,623







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 41,072

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philip Godley

2

Reason for the notification

a)

Position/status

Senior Managing Director

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Annual Performance Bonus Plan (ABP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (ABP)

5,966







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 5,966

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Martin Schnaier

2

Reason for the notification

a)

Position/status

Chief Commercial Officer and PDMR

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

34,449







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 34,449

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Eric Watson

2

Reason for the notification

a)

Position/status

Chief Operating Officer and PDMR

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

24,606







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 24,606

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Zena Couppey

2

Reason for the notification

a)

Position/status

Managing Director Business Development and PDMR

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

24,606







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 24,606

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Steve Sokic

2

Reason for the notification

a)

Position/status

Managing Director Corporate and Private Client and PDMR

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

24,606







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 24,606

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Law

2

Reason for the notification

a)

Position/status

Managing Director, Alternative Assets, Asia-Pacific and Mauritius and PDMR

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

23,890







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 23,890

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Martin Pearson

2

Reason for the notification

a)

Position/status

Chief Risk Officer and PDMR

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

22,146







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 22,146

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sean Murray

2

Reason for the notification

a)

Position/status

Managing Director, Alternative Assets, EMEA

 

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Sanne Group plc

b)

LEI

2138005UBLKEZRITH576

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 £0.01 each

 

 

 

b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan (PSP)

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


£6.096 (PSP)

21,775







d)

Aggregated information

 

 


Price(s)

Volume(s)





£6.096

 21,775

e)

Date of the transaction

2018-04-24

f)

Place of the transaction

Outside a trading venue

 

 

For further information in respect of this announcement please contact:

 

Helen Ashton, Group Company Secretary 

 

 

For and on behalf of Sanne Group plc

Enquiries:

 

Sanne Group plc

Helen Ashton, Company Secretary

+44 (0) 2039 111 048

 

 


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