John Menzies plc
(the
“Company”)
12 December 2017
Notification of
Transactions by Persons Discharging Managerial
Responsibilities/Persons Closely Associated with them
On 27th September 2017 the undernoted PDMRs were granted an
option to acquire the stated number of ordinary shares of
0.25 pence each in the capital of the
Company ("Ordinary Shares") under the terms of the Company’s
2017 Sharesave Scheme ("2017 Scheme") at a fixed option
price of £5.67 per Ordinary Share.
| Name |
Position of PDMR |
Number of Ordinary Shares over
which option granted under 2017 Scheme |
Total number of Ordinary Shares
over which options granted under Sharesave Schemes |
| John Geddes |
Group Company Secretary &
Director of Corporate Affairs |
317 |
1,773 |
| Giles Wilson |
Chief Financial Officer |
634 |
704 |
| Forsyth Black |
President & Managing Director of
Menzies Aviation |
634 |
704 |
Each of the above PDMRs entered into a savings contract with the
Yorkshire Building Society under which a regular sum will be saved
each month for a period of three years. The number of
Ordinary Shares over which each option is granted is the number of
Ordinary Shares which have an aggregate option price not exceeding
the projected proceeds of the savings contract. In normal
circumstances, options will not be capable of being exercised under
the 2017 Scheme until 1 December 2020
(the maturity date of the savings contract).
In accordance with the rules of the 2017 Scheme, no
consideration was paid by any of the above PDMRs in respect of the
options granted to them. Each option is subject to, and
governed by, the rules of the 2017 Scheme and the legislation
relating thereto.
This announcement, including the notification below, is made
pursuant to Article 19(3) of the Market Abuse Regulation:
| 1 |
Details of the person
discharging managerial responsibilities/person closely
associated |
| a) |
Name |
John Geddes |
| 2 |
Reason for the
notification |
| a) |
Position/status |
Group Company Secretary & Director of
Corporate Affairs |
| b) |
Initial notification/Amendment |
Initial notification |
| 3 |
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor |
| a) |
Name |
John Menzies plc |
| b) |
LEI |
5493008LNN1X4R79PJ89 |
| 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, type of instrument
Identification code |
Ordinary shares of £0.25 each
ISIN CODE: GB0005790059 |
| b) |
Nature of the transaction |
Exercise of an option over ordinary shares of
£0.25 each in the Company pursuant to the Company’s 2017 Sharesave
Scheme. |
| c) |
Price(s) and
volume(s) |
| Price(s) |
Volume(s) |
| 567 pence |
|
|
| d) |
Aggregated information
Aggregated volume
Price |
317
567 pence |
| e) |
Date of the transaction |
27/09/2017 |
| f) |
Place of the
transaction |
Outside of trading venue |
| 1 |
Details of the person
discharging managerial responsibilities/person closely
associated |
| a) |
Name |
Giles Wilson |
| 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 |
John Menzies plc |
| b) |
LEI |
5493008LNN1X4R79PJ89 |
| 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, type of instrument
Identification code |
|
Ordinary shares of £0.25 each |
|
| b) |
Nature of the transaction |
Exercise of an option over ordinary shares of
£0.25 each in the Company pursuant to the Company’s 2017 Sharesave
Scheme. |
| c) |
Price(s) and
volume(s) |
| Price(s) |
Volume(s) |
| 567 |
634 |
|
| d) |
Aggregated
information
Aggregated volume
Price
|
634
567 pence |
| e) |
Date of the transaction |
27/09/2017 |
| f) |
Place of the
transaction |
Outside of trading venue |
| 1 |
Details of the person
discharging managerial responsibilities/person closely
associated |
| a) |
Name |
Forsyth Black |
| 2 |
Reason for the
notification |
| a) |
Position/status |
President & Managing Director of Menzies
Aviation |
| b) |
Initial notification/Amendment |
Initial notification |
| 3 |
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor |
| a) |
Name |
John Menzies plc |
| b) |
LEI |
5493008LNN1X4R79PJ89 |
| 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, type of instrument
Identification code |
|
Ordinary shares of £0.25 each |
|
| b) |
Nature of the transaction |
Exercise of an option over ordinary shares of
£0.25 each in the Company pursuant to the Company’s 2017 Sharesave
Scheme. |
| c) |
Price(s) and
volume(s) |
| Price(s) |
Volume(s) |
| 567 |
634 |
|
| d) |
Aggregated
information
Aggregated volume
Price
|
634
567 pence |
| e) |
Date of the transaction |
27/09/2017 |
| f) |
Place of the
transaction |
Outside of trading venue |
For further information please contact:
John Geddes
Group Company Secretary & Director of Corporate Affairs |
+44 (0) 131 459
8018 |