Charles
Taylor plc (“the Company”)
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
The Company announces that on 12 June
2018, the following persons discharging managerial
responsibilities (“PDMR”) were granted nil cost conditional share
awards over ordinary shares of 1p each in the Company (“Shares”),
pursuant to the Charles Taylor Long Term Incentive Plan 2017 (the
“LTIP”) as follows:
PDMR: |
Number of shares: |
|
|
Suzanne Deery |
9,966 |
|
|
Jeremy Grose |
16,611 |
|
|
Alistair Hardie |
9,966 |
|
|
Ivan Keane |
9,966 |
|
|
Jeffrey More |
9,966 |
|
|
Jason Sahota |
33,222 |
|
|
Richard Wood |
9,966 |
|
|
Richard Yerbury |
33,222 |
|
|
The number of Shares which vest will depend upon the extent to
which the performance conditions are met over the three-year period
ending 31 December 2020, subject to the LTIP rules and the
Malus and Clawback Policy. Formal notifications below;
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Suzanne Deery |
2 |
Reason for the notification |
a) |
Position/status |
Director of Human
Resources and member of the Company’s Executive Committee
(PDMR) |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Grant of a share award
under the LTIP |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
Nil |
9,966 |
|
d) |
Aggregated information
-Aggregated volume
-Price |
N/A (single transaction) |
e) |
Date of the
transaction |
2018-06-12 |
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Jeremy Grose |
2 |
Reason for the notification |
a) |
Position/status |
Chief
Executive Officer, Management Services – UK & International and
member of the Company’s Executive Committee (PDMR) |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Grant of a share award
under the LTIP |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
Nil |
16,611 |
|
d) |
Aggregated information
-Aggregated volume
-Price |
N/A (single transaction) |
e) |
Date of the
transaction |
2018-06-12 |
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Alistair Hardie |
2 |
Reason for the notification |
a) |
Position/status |
Chief Executive
Officer, CEGA and a member of the Company’s Executive Committee
(PDMR) |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Grant of a share award
under the LTIP |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
Nil |
9,966 |
|
d) |
Aggregated information
-Aggregated volume
-Price |
N/A (single transaction) |
e) |
Date of the
transaction |
2018-06-12 |
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Ivan Keane |
2 |
Reason for the notification |
a) |
Position/status |
Group Company
Secretary and General Counsel and a member of the Company’s
Executive Committee (PDMR) |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Grant of a share award
under the LTIP |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
Nil |
9,966 |
|
d) |
Aggregated information
-Aggregated volume
-Price |
N/A (single transaction) |
e) |
Date of the
transaction |
2018-06-12 |
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Jeffrey More |
2 |
Reason for the notification |
a) |
Position/status |
Chief
Executive Officer, Charles Taylor Insurance Services (IOM) Limited
and member of the Company’s Executive Committee (PDMR) |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Grant of a share award
under the LTIP |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
Nil |
9,966 |
|
d) |
Aggregated information
-Aggregated volume
-Price |
N/A (single transaction) |
e) |
Date of the
transaction |
2018-06-12
|
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Jason Sahota |
2 |
Reason for the notification |
a) |
Position/status |
Chief
Information Officer and Chief Executive Officer, Charles Taylor
InsureTech and member of the Company’s Executive Committee
(PDMR) |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Grant of a share award
under the LTIP |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
Nil |
33,222 |
|
d) |
Aggregated information
-Aggregated volume
-Price |
N/A (single transaction) |
e) |
Date of the
transaction |
2018-06-12
|
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Richard Wood |
2 |
Reason for the notification |
a) |
Position/status |
President
& Chief Executive Officer, Charles Taylor Americas and member
of the Company’s Executive Committee (PDMR) |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Grant of a share award
under the LTIP |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
Nil |
9,966 |
|
d) |
Aggregated information
-Aggregated volume
-Price |
N/A (single transaction) |
e) |
Date of the
transaction |
2018-06-12 |
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Richard Yerbury |
2 |
Reason for the notification |
a) |
Position/status |
Group
Corporate Development and Operations Director and member of the
Company’s Executive Committee (PDMR) |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Grant of a share award
under the LTIP |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
Nil |
33,222 |
|
d) |
Aggregated information
-Aggregated volume
-Price |
N/A (single transaction) |
e) |
Date of the
transaction |
2018-06-12 |
f) |
Place of the
transaction |
Outside a trading
venue |
For further information please contact:
Ivan Keane – Group Company
Secretary and General Counsel – 020 3320 2206
Susan Morgan – Deputy Group
Company Secretary – 020 3320 8814
Charles Taylor plc
14 June 2018
Notes to editors
About Charles Taylor www.ctplc.com
Charles Taylor Plc supports and enables the insurance market to
meet the continually evolving challenges it faces. We provide
technical services to make the business of insurance work
fundamentally better. We have been providing
insurance-related technical services and solutions since 1884 and
today we employ over 2,100 permanent and contract staff in 107
locations spread across 29 countries in the UK, the Americas,
Asia Pacific, Europe the Middle
East and Africa.
We are unique in our market in that our services support every
stage of the insurance lifecycle and every aspect of the insurance
operating model. We develop and operate insurance vehicles on
behalf of our clients, manage claims programmes and adjust losses.
We handle legacy and run-off portfolios, provide a variety of
specialist operational support services and offer solutions and
support to drive insurance technology transformation.
Charles Taylor’s breadth of services, technical skills and
resources and global presence means the Group can manage and
resolve virtually any insurance-related matter, wherever and
whenever it occurs.