Acal PLC Director/PDMR Shareholding (4805C)
April 13 2017 - 7:34AM
UK Regulatory
TIDMACL
RNS Number : 4805C
Acal PLC
13 April 2017
13 April 2017
Acal plc
Director/PDMR Shareholding
Acal plc (LSE: ACL, "Acal" or the "Company"), a leading
international supplier of customised electronics to industry,
announces that on 31 March 2017, the Company granted long term
incentive awards under the Acal plc 2008 Renewed Long-Term
Incentive Plan ("LTIP").
LTIP Awards(1)
Name Number of
Shares Subject
to LTIP Award
--------------- ----------------
Nicholas
Jefferies 242,788
--------------- ----------------
Simon Gibbins 106,900
--------------- ----------------
(1) The LTIP awards are granted in the form of nil-cost options
over ordinary shares of 5 pence each in the Company ("Ordinary
Shares"). The awards will vest on the third anniversary of the date
of grant, subject to the achievement of performance targets
measured over a three year period. Vested shares will be subject to
an additional two year holding period.
For further information, please contact:
Acal plc 01483 544 500
Joanna Madge, Group Company
Secretary
1 Details of the person discharging managerial
responsibilities/person closely associated
--- -------------------------------------------------------
a) Name Nicholas Jefferies
--- ----------------------------- ------------------------
2 Reason for the notification
--- -------------------------------------------------------
a) Position / status Group Chief Executive
--- ----------------------------- ------------------------
b) Initial notification Initial notification
/ amendment
--- ----------------------------- ------------------------
3 Details of issuer
--- -------------------------------------------------------
a) Name Acal plc
--- ----------------------------- ------------------------
b) LEI 213800BMDLQU1VEEAN68
--- ----------------------------- ------------------------
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 Options over Ordinary
instrument, type of Shares in Acal plc
instrument GB0000055888
Identification code
--- ----------------------------- ------------------------
b) Nature of the transaction Award made pursuant
to the Company's Long
Term Incentive Plan
--- ----------------------------- ------------------------
c) Price(s) and volume(s) Price Volume
------- --------
Nil 242,788
------- --------
--- ----------------------------- ------------------------
d) Aggregated information N/A
--- ----------------------------- ------------------------
e) Date of the transaction 31 March 2017
--- ----------------------------- ------------------------
f) Place of the transaction Outside a trading venue
--- ----------------------------- ------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
--- -------------------------------------------------------
a) Name Simon Gibbins
--- ----------------------------- ------------------------
2 Reason for the notification
--- -------------------------------------------------------
a) Position / status Group Finance Director
--- ----------------------------- ------------------------
b) Initial notification Initial notification
/ amendment
--- ----------------------------- ------------------------
3 Details of issuer
--- -------------------------------------------------------
a) Name Acal plc
--- ----------------------------- ------------------------
b) LEI 213800BMDLQU1VEEAN68
--- ----------------------------- ------------------------
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 Options over Ordinary
instrument, type of Shares in Acal plc
instrument GB0000055888
Identification code
--- ----------------------------- ------------------------
b) Nature of the transaction Award made pursuant
to the Company's Long
Term Incentive Plan
--- ----------------------------- ------------------------
c) Price(s) and volume(s) Price Volume
------- --------
Nil 106,900
------- --------
--- ----------------------------- ------------------------
d) Aggregated information N/A
--- ----------------------------- ------------------------
e) Date of the transaction 31 March 2017
--- ----------------------------- ------------------------
f) Place of the transaction Outside a trading venue
--- ----------------------------- ------------------------
Notes to Editors:
About Acal plc
Acal is a leading international supplier of customised
electronics to industry. It designs, manufactures and distributes
customer-specific electronic products and solutions to 25,000
industrial manufacturers and is listed on the London Stock Exchange
(LSE: ACL).
Acal has two divisions: Design & Manufacturing and Custom
Distribution. The majority of its sales come from products and
solutions which are created specifically for a customer. Acal works
across a range of technologies, namely Communications &
Sensors, Power & Magnetics, Electromechanical & Cabling,
Microsystems, and Imaging & Photonics.
Acal operates through the following wholly-owned businesses:
Acal BFi, Contour, Flux, Foss, Hectronic, MTC, Myrra, Noratel,
Plitron, RSG, Stortech, Variohm and Vertec. It has operating
companies and manufacturing facilities in a number of markets
including the UK, Germany, France, the Nordic region, Benelux,
Italy, Poland and Slovakia as well as in Asia (China, India, South
Korea, Sri Lanka and Thailand), North America (the US and Canada)
and South Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
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April 13, 2017 07:34 ET (11:34 GMT)