Source - LSE Regulatory
RNS Number : 1110O
Biffa plc
05 October 2021
 

Biffa plc

Notification of Transactions of Persons Discharging Managerial Responsibilities

Biffa plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 1p shares undertaken by directors/persons discharging managerial responsibility ("PDMRs").

The vesting of conditional awards granted in October 2018 to Michael Topham and Richard Pike under the Company's Performance Share Plan and the sale of shares to cover tax and national insurance costs arising on vesting.

 

PDMR

Number of PSP 2018 Awards vesting*

Number of shares sold to meet tax/national insurance costs

Number of net shares sold

Number of shares subject to the vesting retained

Michael Topham

45,067

21,257

0

23,810

Richard Pike

56,353

26,580

0

29,773

* includes accrued dividends

  

 

1

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Michael Topham

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

Biffa plc

(b)

LEI

2138008RB4WDK7HYYS91

4

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

(a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.01 in the capital of the Company

 

Identification code

GB00BD8DR117

(b)

Nature of the transaction

(1) Vesting of Performance Share Plan Awards

(2) Sale of shares to cover tax/national insurance

 

(c)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

(1) Nil

45,067

(2) £3.54

21,257

 

(d)

Aggregated information

 

 

·             Aggregated volume

N/A

 

·             Price

N/A

(e)

Date of the transaction

2021.10.04

(f)

Place of the transaction

(1) Outside a trading venue & (2) London Stock Exchange, Main Market (XLON)

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Richard Pike

2

Reason for the notification

(a)

Position/status

Chief Financial Officer

(b)

Initial notification/Amendment

Initial notification

3

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

(a)

Name

Biffa plc

(b)

LEI

2138008RB4WDK7HYYS91

4

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

(a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.01 in the capital of the Company

 

Identification code

GB00BD8DR117

(b)

Nature of the transaction

(1) Vesting of Performance Share Plan Awards

(2) Sale of shares to cover tax/national insurance

(c)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

(1) Nil

56,353

(2) £3.54

26,580

 

(d)

Aggregated information

 

 

·             Aggregated volume

N/A

 

·             Price

N/A

(e)

Date of the transaction

2021.10.04

(f)

Place of the transaction

(1) Outside a trading venue & (2) London Stock Exchange, Main Market (XLON)

 

 

 

 

Name of officer of issuer responsible for making notification:

Sarah Parsons - Company Secretary

Date of notification: 2021.10.05

 

 

 

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