Source - LSE Regulatory
RNS Number : 4403P
Sanne Group PLC
09 June 2020
 

9 June 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 4 June 2020 awards over ordinary shares of 0.01p each in the Company were made to certain persons discharging managerial responsibilities (PDMRs) under the 2019 Company's Senior Management Incentive Plan (the Plan), as follows:

 

Name of PDMR

Number of shares held under award

Andrew Jones

2,429

Kevin Lazeris

4,707

 

No consideration was paid for the awards which were granted following satisfaction of performance conditions set by the Remuneration Committee of the Company.

 

As per the rules of the Plan, the awards are held as deferred shares and vest on the second anniversary of the grant.

 

 

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 Senior Management Incentive Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

2,429

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-06-04

(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 Senior Management Incentive Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

4,707

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-06-04

(f)

Place of the transaction

Outside a trading venue

 

 

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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