Source - LSE Regulatory
RNS Number : 5043V
Imperial Brands PLC
14 April 2021
 

14 April 2021

 

IMPERIAL BRANDS PLC

 (THE "COMPANY")

 

NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PDMR

 

Recruitment Awards

 

On 6 July 2020, the Company's new Chief Executive Officer, Stefan Bomhard, was granted a nil-cost option award (the "Recruitment Award") over ordinary shares of 10 pence each in the Company ("Shares").

 

In addition, on 29 September 2020, the Company's new Chief People & Culture Officer, Alison Clarke, was granted a Recruitment Award over the Company's Shares.

 

The Recruitment Awards were granted in order to facilitate their recruitment and to replace certain share awards granted to them by their former employer, Inchcape plc, and which they forfeited on joining the Company.

 

The elements of the Recruitment Awards, with an expected Vesting Date of 10 April 2021, vested in part on 12 April 2021 as detailed below.  

 

Name

Award type

Number of Shares Granted

Number of Shares Lapsed

Number of Shares Vesting (including dividend roll-up Shares)

Original Inchcape award replaced

Stefan Bomhard

Nil-cost option

44,820

32,047

13,828

Award of performance shares granted under the Inchcape Performance Share Plan granted on 10 April 2018

Stefan Bomhard

Nil-cost option

24,202

17,305

7,467

Award of matching shares granted under the Inchcape Co-Investment Plan granted on 10 April 2018

Alison Clarke

Nil-cost option

16,565

11,844

5,028

Award of performance shares granted under the Inchcape Performance Share Plan granted on 10 April 2018

Alison Clarke

Nil-cost option

5,179

3,703

1,572

Award of matching shares granted under the Inchcape Co-Investment Plan granted on 10 April 2018

 

The Shares in these tranches of the Recruitment Awards have vested only to the extent that the original Inchcape performance conditions applicable to the forfeited awards were met over the original performance period.

 

 

Notification of person discharging managerial responsibilities/ person closely associated

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

STEFAN BOMHARD 

2.

Reason for the notification

a)

Position/status

CHIEF EXECUTIVE OFFICER

b)

Initial notification/ Amendment

INITIAL NOTIFICATION

3.

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

a)

Name

IMPERIAL BRANDS PLC

b)

LEI

549300DFVPOB67JL3A42

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

ORDINARY SHARES OF £0.10 EACH

 

 

Identification code

GB0004544929

b)

Nature of the transaction

LAPSING OF NIL COST OPTION AWARD GRANTED IN RELIANCE ON LISTING RULE 9.4.2 WHICH VESTED ON 12 APRIL 2021 FOLLOWING PARTIAL ACHIEVEMENT OF SPECIFIED PERFORMANCE CONDITIONS.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

49,352

d)

Aggregated information 

 Not applicable - single transaction

e)

Date of the transaction

12 APRIL 2021

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 

 

Notification of person discharging managerial responsibilities/ person closely associated

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

STEFAN BOMHARD 

2.

Reason for the notification

a)

Position/status

CHIEF EXECUTIVE OFFICER

b)

Initial notification/ Amendment

INITIAL NOTIFICATION

3.

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

a)

Name

IMPERIAL BRANDS PLC

b)

LEI

549300DFVPOB67JL3A42

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

ORDINARY SHARES OF £0.10 EACH

 

 

Identification code

GB0004544929

b)

Nature of the transaction

VESTING OF NIL COST OPTION AWARD, INCLUDING DIVIDEND ROLL-UP SHARES, GRANTED IN RELIANCE ON LISTING RULE 9.4.2 WHICH VESTED ON 12 APRIL 2021 FOLLOWING PARTIAL ACHIEVEMENT OF SPECIFIED PERFORMANCE CONDITIONS.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

21,295

d)

Aggregated information 

 Not applicable - single transaction

e)

Date of the transaction

12 APRIL 2021

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 

 

Notification of person discharging managerial responsibilities/ person closely associated

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

ALISON CLARKE

2.

Reason for the notification

a)

Position/status

PDMR - CHIEF PEOPLE & CULTURE OFFICER

b)

Initial notification/ Amendment

INITIAL NOTIFICATION

3.

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

a)

Name

IMPERIAL BRANDS PLC

b)

LEI

549300DFVPOB67JL3A42

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

ORDINARY SHARES OF £0.10 EACH

 

 

Identification code

GB0004544929

b)

Nature of the transaction

LAPSING OF NIL COST OPTION AWARD WHICH VESTED ON 12 APRIL 2021 FOLLOWING PARTIAL ACHIEVEMENT OF SPECIFIED PERFORMANCE CONDITIONS.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

15,547

d)

Aggregated information 

 Not applicable - single transaction

e)

Date of the transaction

12 APRIL 2021

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 

 

 

Notification of person discharging managerial responsibilities/ person closely associated

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

ALISON CLARKE

2.

Reason for the notification

a)

Position/status

PDMR - CHIEF PEOPLE & CULTURE OFFICER

b)

Initial notification/ Amendment

INITIAL NOTIFICATION

3.

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

a)

Name

IMPERIAL BRANDS PLC

b)

LEI

549300DFVPOB67JL3A42

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

ORDINARY SHARES OF £0.10 EACH

 

 

Identification code

GB0004544929

b)

Nature of the transaction

VESTING OF NIL COST OPTION AWARD, INCLUDING DIVIDEND ROLL-UP SHARES, WHICH VESTED ON 12 APRIL 2021 FOLLOWING PARTIAL ACHIEVEMENT OF SPECIFIED PERFORMANCE CONDITIONS.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

6,600

d)

Aggregated information 

 Not applicable - single transaction

e)

Date of the transaction

12 APRIL 2021

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

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