McBride PLC Notification and public disclosure of LTIP (1428G)
February 27 2018 - 12:02PM
UK Regulatory
TIDMMCB
RNS Number : 1428G
McBride PLC
27 February 2018
RNS Announcement
Notification and public disclosure of LTIP Awards to Directors
and Persons Discharging Managerial Responsibilities ("PDMR")
27 February 2018
McBride plc confirms that awards of shares have vested under the
terms of the McBride plc 2014 Long Term Incentive Plan (the Plan)
to Directors as set out below.
The awards were vested at the end of a three-year period in
accordance with the achievement of performance targets set out in
the Plan, and will not require any payment from the individuals.
The awards represent the net number of shares due after the
addition of dividend shares and the appropriate tax and sale fees
were taken into account.
Name Status No. of shares No. of No. of
subject to shares shares
vesting sold to retained
cover taxes net of
and fees taxes
and fees
------------------ ---------- -------------- ------------- ----------
Rik De
Vos
Chief Executive
Officer Director 206,054 69,167 136,887
------------------ ---------- -------------- ------------- ----------
Chris Smith
Chief Finance
Officer Director 154,540 72,779 81,761
------------------ ---------- -------------- ------------- ----------
These awards were satisfied by the transfer of 360,594 treasury
shares. Following this, the number of ordinary shares of 10 pence
each with voting rights is 182,569,903.
Following the awards, total holding and interests of the
Directors in ordinary shares in McBride plc are:
Name Total holdings Percentage of current Total interest
of ordinary issued share capital in ordinary
shares (excluding treasury shares
shares)
------------- --------------- ---------------------- ---------------
Rik De Vos 176,887 0.097% 960,031
------------- --------------- ---------------------- ---------------
Chris Smith 122,772 0.067% 585,504
------------- --------------- ---------------------- ---------------
This announcement and the following disclosures are made in
accordance with Article 19 of the EU Market Abuse Regulation.
1. Details of the Persons Discharging Managerial
Responsibilities ("PDMR")/Relevant Employees/Person
Closely Associated ("PCA")
--- ----------------------------------------------------------------------
a) Name Rik De Vos
--- ------------------------------- -------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------
b) Position/Status Chief Executive Officer
--- ------------------------------- -------------------------------------
c) Initial notification/amendment Initial Notification
--- ------------------------------- -------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------
a) Name McBride plc
--- ------------------------------- -------------------------------------
b) LEI 213800HX7FMPA2CIEF02
--- ------------------------------- -------------------------------------
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 Ordinary shares of 10p each
financial instrument,
type of instrument
GB0005746358
Identification Code
--- ------------------------------- -------------------------------------
b) Nature of the transaction Vesting of an award under
the Company's Long Term Incentive
Plan as a conditional award
of shares.
--- ------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- -----------------------
Nil 192,123 - Number
of shares vesting
13,931 - Number
of shares awarded
at vesting
in lieu of
dividends paid
during vesting
period.
136,887 - Number
of shares acquired
after reduction
for appropriate
tax and national
insurance liabilities
and sale fees
--------- -----------------------
--- ------------------------------- -------------------------------------
d) Aggregated information As above
Aggregated volume
Price
--- ------------------------------- -------------------------------------
e) Date of the transaction 23 February 2018
--- ------------------------------- -------------------------------------
f) Place of transaction Outside of a trading venue
--- ------------------------------- -------------------------------------
1. Details of the Persons Discharging Managerial
Responsibilities ("PDMR")/Relevant Employees/Person
Closely Associated ("PCA")
--- ----------------------------------------------------------------------
a) Name Chris Smith
--- ------------------------------- -------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------
b) Position/Status Chief Financial Officer
--- ------------------------------- -------------------------------------
c) Initial notification/amendment Initial Notification
--- ------------------------------- -------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------
a) Name McBride plc
--- ------------------------------- -------------------------------------
b) LEI 213800HX7FMPA2CIEF02
--- ------------------------------- -------------------------------------
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 Ordinary shares of 10p each
financial instrument,
type of instrument
GB0005746358
Identification Code
--- ------------------------------- -------------------------------------
b) Nature of the transaction Vesting of an award under
the Company's Long Term Incentive
Plan as a conditional award
of shares.
--- ------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- -----------------------
Nil 144,092 - Number
of shares vesting
10,448 - Number
of shares awarded
at vesting
in lieu of
dividends paid
during vesting
period.
81,761* - Number
of shares acquired
after reduction
for appropriate
tax and national
insurance liabilities
and sale fees.
--------- -----------------------
*20,000 shares allocated
to PCA as notified below.
----------------------------------
--- ------------------------------- -------------------------------------
d) Aggregated information As above
Aggregated volume
Price
--- ------------------------------- -------------------------------------
e) Date of the transaction 23 February 2018
--- ------------------------------- -------------------------------------
f) Place of transaction Outside of a trading venue
--- ------------------------------- -------------------------------------
1. Details of the Persons Discharging Managerial
Responsibilities ("PDMR")/Relevant Employees/Person
Closely Associated ("PCA")
--- --------------------------------------------------------------------
a) Name Harriet Smith
--- ------------------------------- -----------------------------------
2. Reason for the notification
--- --------------------------------------------------------------------
b) Position/Status PCA of Chris Smith, Chief
Financial Officer
--- ------------------------------- -----------------------------------
c) Initial notification/amendment Initial Notification
--- ------------------------------- -----------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- --------------------------------------------------------------------
a) Name McBride plc
--- ------------------------------- -----------------------------------
b) LEI 213800HX7FMPA2CIEF02
--- ------------------------------- -----------------------------------
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 Ordinary shares of 10p each
financial instrument,
type of instrument
GB0005746358
Identification Code
--- ------------------------------- -----------------------------------
b) Nature of the transaction Vesting of an award under
the Company's Long Term Incentive
Plan as a conditional award
of shares.
--- ------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- -------------------
Nil 20,000 - Number
of shares vesting
--------- -------------------
*20,000 shares allocated
from Chris Smith vesting.
--- ------------------------------- -----------------------------------
d) Aggregated information As above
Aggregated volume
Price
--- ------------------------------- -----------------------------------
e) Date of the transaction 23 February 2018
--- ------------------------------- -----------------------------------
f) Place of transaction Outside of a trading venue
--- ------------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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