TIDMMSLH

RNS Number : 2875I

Marshalls PLC

20 March 2018

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------- 
 a)   Name                       Jack Clarke 
---  -------------------------  ---------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------- 
 a)   Position/status            Finance Director 
---  -------------------------  ---------------------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------------- 
 a)   Name                       Marshalls plc 
---  -------------------------  ---------------------------------------------- 
 b)   LEI                        213800S21IFC367J5V62 
---  -------------------------  ---------------------------------------------- 
 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             Ordinary shares of 25p each, 
       the financial              with voting rights attached 
       instrument, type 
       of instrument 
                                  GB00B012BV22 
       Identification 
       code 
---  -------------------------  ---------------------------------------------- 
 b)   Nature of the                               (i) Vesting of share options 
       transaction                                 under the Marshalls 2014 
                                                   Management Incentive Plan 
                                                   ("MIP") 
                                                   (ii) Grant of options under 
                                                   the MIP 
---  -------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  -------------------- 
                                    (i) GBP4.522     (i) Options 
                                                      vested =106,620 
                                                      shares 
                                     (ii) GBP0.000    Shares disposed 
                                                       to settle tax 
                                                       = 50,112 shares 
                                                      Net shares 
                                                       retained = 
                                                       56,508 shares 
                                                      (ii) Grant 
                                                       of nil cost 
                                                       option in respect 
                                                       of 64,146 Element 
                                                       B shares 
                                   ---------------  -------------------- 
---  -------------------------  ---------------------------------------------- 
 d)   Aggregated information     N/A (single transaction) 
 
 
       - Aggregated volume        N/A (single transaction) 
 
 
       - Price                    N/A (single transaction) 
---  -------------------------  ---------------------------------------------- 
 e)   Date of the transaction    16.03.18 
---  -------------------------  ---------------------------------------------- 
 f)   Place of the transaction   London Stock Exchange, Main 
                                  Market (XLON) 
---  -------------------------  ---------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 20, 2018 07:02 ET (11:02 GMT)

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