Source - LSE Regulatory
RNS Number : 4996K
Sanne Group PLC
22 April 2020
 

22 April 2020

 

Sanne Group plc

(SANNE or the Company)

 

Grant of share awards

 

SANNE, a leading global provider of alternative asset and corporate services, announces that on 20 April 2020 awards over ordinary shares of 0.01p each in the Company were made to certain persons discharging managerial responsibilities (PDMRs) under the Company's Performance Share Plan, as follows:

 

Name of PDMR

Number of shares held under award

Martin Schnaier

126,994

James Ireland

98,372

James Bermingham

25,011

Jason Bingham

27,475

Andrew Jones

21,491

Mark Law

31,430

Kevin Lazeris

21,369

Marie Measures

24,422

Cindy Peters

24,422

 

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. 

 

In addition, Martin Schnaier and James Ireland have been awarded 6,136 and 5,405 deferred shares, respectively, under the Company's 2019 Annual Bonus Plan (ABP), also with a grant date of 20 April 2020. As per the rules of the ABP, 50% of any bonus earned is deferred into shares for three years.

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Martin Schnaier

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

126,994

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(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 Executive Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Annual Bonus Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

6,136

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

James Ireland

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

98,372              

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

James Ireland

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Annual Bonus Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

5,405

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

James Bermingham

2.

Reason for the notification

(a)

Position/status

General Counsel and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

25,011

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Jason Bingham

2.

Reason for the notification

(a)

Position/status

Chief Strategy Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

27,475

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Andrew Jones

2.

Reason for the notification

(a)

Position/status

Chief Risk Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

21,491

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(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

Chief Commercial Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

31,430

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Kevin Lazeris

2.

Reason for the notification

(a)

Position/status

Group Head of Compliance and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

21,369

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Marie Measures

2.

Reason for the notification

(a)

Position/status

Chief Technology Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

24,422

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Cindy Peters

2.

Reason for the notification

(a)

Position/status

Chief Human Resources Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

24,422

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-04-20

(f)

Place of the transaction

Outside a trading venue

 

 

Notes:

 

Enquiries

 

Sanne Group plc

+44 (0) 20 3911 1048

Ian Portal, Company Secretary


 

About SANNE

 

SANNE is a leading global provider of alternative asset and corporate services. Established for over 30 years and listed on the Main Market of the London Stock Exchange and a member of the FTSE 250 index, SANNE employs more than 1,700 people worldwide and administers structures and funds that have in excess of £250 billion of assets.

 

Key clients include alternative asset managers, financial institutions, family offices, ultra-high net-worth individuals and corporates.

 

SANNE operates from a global network of offices located in leading financial jurisdictions, which are spread across the Americas, Europe, Africa and Asia-Pacific.

 

www.sannegroup.com

 

 


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