TIDMWIN
RNS Number : 4598H
Wincanton PLC
07 June 2017
7 JUNE 2017
Wincanton PLC
('Wincanton' or the 'Group')
EXERCISE OF OPTIONS AND DIRECTORS' SHAREHOLDINGS
Wincanton plc, a leading provider of supply chain solutions in
the UK and Ireland announces that it has received due notice of
exercise in respect of options granted to Mr Adrian Colman, the
Chief Executive Officer, under the Company's 2013 Share Option Plan
("SOP").
Notices were received in respect of 1,059,322 Ordinary Shares of
10p each ("Ordinary Shares") at the exercise price of GBP0.708 per
Ordinary Share and 886,262 Ordinary Shares at the exercise price of
GBP0.677 per Ordinary Share. Using net settlement, this has
resulted in the issue and allotment of 796,377 Ordinary Shares to
Adrian Colman.
Following this exercise, the 796,377 Ordinary Shares above
together with 109,065 Ordinary Shares from a previous exercise will
immediately be transferred to Adrian Colman's wife, Lucy Moore, at
nil cost. Mr Colman's and his wife's total shareholding in the
Group will increase to 946,942 Ordinary Shares.
Exercise Number of Number of Number of
Price of options awarded options exercised shares receivable
options awarded after deduction
of the exercise
price, Income
Tax and
National
Insurance
------------------- ------------------ ----------------- ------------------- -------------------
Adrian Colman
(Chief Executive
Officer) GBP0.708 1,059,322 1,059,322 431,006
------------------- ------------------ ----------------- ------------------- -------------------
Adrian Colman
(Chief Executive
Officer) GBP0.677 886,262 886,262 365,371
------------------- ------------------ ----------------- ------------------- -------------------
Applications will be made for 796,377 new ordinary shares of 10p
each ("New Shares") to be admitted to listing on the premium
segment of the Official List and to trading on the Main Market of
the London Stock Exchange ("Admission"). It is expected that
Admission will become effective and dealings in the New Shares will
commence at 8.00am on 13 June 2017. The New Shares will rank pari
passu with all existing Ordinary Shares in issue.
Following Admission, the total number of voting rights in
Wincanton is 124,543,670 which should be used by shareholders and
other parties subject to disclosure obligations as the denominator
for the calculations by which they determine if they are required
to notify their interest in or a change to their interest in the
share capital of Wincanton under the FCA's Disclosure and
Transparency rules.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Adrian Colman
2 Reason for the notification
a) Position/status Chief Executive Officer ("PDMR")
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Wincanton PLC
b) LEI 213800Z5WTW8QKOHWQ82
4.1 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 10p Shares ("Ordinary Shares")
type of instrument
Identification code GB0030329360
b) Nature of the transaction Exercise of options over
1,059,322 Ordinary Shares
at an exercise price of
GBP0.708. The options have
been exercised by net settlement,
using the mid-market closing
price of 5 June 2017 of
304.75p. This has resulted
in the issue and allotment
of 431,006 fully paid Ordinary
Shares for which the Company
has applied to the London
Stock Exchange for listing
and which upon admission
will rank pari passu with
the Group's other Ordinary
shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) Nil 431,006
d) Aggregated information
- Aggregated volume Not applicable
- Price Not applicable
e) Date of the transaction 6 June 2017
f) Place of the transaction London Stock Exchange (XLON)
4.2 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 10p Shares ("Ordinary Shares")
type of instrument
Identification code GB0030329360
b) Nature of the transaction Exercise of options over
886,262 Ordinary Shares
at an exercise price of
GBP0.677. The options have
been exercised by net settlement,
using the mid-market closing
price of 5 June 2017 of
304.75p. This has resulted
in the issue and allotment
of 365,371 fully paid Ordinary
Shares for which the Company
has applied to the London
Stock Exchange for listing
and which upon admission
will rank pari passu with
the Group's other Ordinary
shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
(i) Nil 365,371
d) Aggregated information
- Aggregated volume Not applicable
- Price Not applicable
e) Date of the transaction 6 June 2017
f) Place of the transaction London Stock Exchange (XLON)
4.3 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 10p Shares ("Ordinary Shares")
type of instrument
Identification code GB0030329360
b) Nature of the transaction Transfer of Ordinary Shares to spouse for nil consideration.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 905,442
d) Aggregated information
- Aggregated volume 905,442
- Price Nil
e) Date of the transaction 6 June 2017
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Lucy Moore
2 Reason for the notification
a) Position/status Person closely associated with Adrian Colman, Chief Executive ("PDMR")
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Wincanton PLC
b) LEI 213800Z5WTW8QKOHWQ82
4.1 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 Ordinary 10p Shares ("Ordinary Shares")
instrument, type of instrument
Identification code GB0030329360
b) Nature of the transaction Acquisition of Ordinary Shares for nil consideration from spouse
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 905,442
d) Aggregated information
- Aggregated volume 905,442
- Price Nil
e) Date of the transaction 6 June 2017
f) Place of the transaction London Stock Exchange (XLON)
ENDS
For further enquiries please contact:
Wincanton plc
Adrian Colman, Chief Executive Tel: 01249
Officer 710000
Tim Lawlor, Chief Financial Officer
Buchanan
Richard Oldworth, Victoria Hayns, Tel: 020 7466
Maddie Seacombe 5000
Notes to Editors
Wincanton plc
Wincanton is the largest British logistics firm, providing
supply chain consultancy and solutions to some of the world's most
admired brands. We employ approximately 18,000 people across more
than 200 sites and have a 3,600-strong fleet of vehicles.
Our business started in 1925 delivering milk and dairy products.
Although our heritage means a lot us, we have since expanded to
provide supply chain solutions across a wide range of sectors
including retail, construction, defence and energy.
As a trusted and respected business partner, we design and
implement services that range from setting up and operating
distribution networks through to bonded warehouses, technology
hosting, container transport and storage. We strive for operational
excellence in everything we do.
We work hard to understand and respond to our customers' needs,
build long term relationships and use our skills and expertise to
deliver a smarter, added value service, every day. Our customers
rely on us to make their businesses operate more efficiently and to
gain a competitive advantage in their sector.
Improved stock visibility and availability, reduction of lead
times, collaborative warehousing and transport models, and an
absolute commitment to continuous improvement, are just some of the
reasons why many of our customer relationships extend to more than
20 years.
Key facts:
-- Annual revenue in the UK & Ireland exceeds GBP1
billion
-- Circa 18,000 employees including 4,000+ drivers
-- Operates from 200+ locations with 6.6 million square feet of
warehousing across the UK and Ireland
-- Operating responsibility for around 3,600 vehicles
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHUBAVRBRANRAR
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June 07, 2017 11:13 ET (15:13 GMT)
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