Countrywide PLC Director/PDMR Shareholding (2580S)
September 29 2017 - 6:35AM
UK Regulatory
TIDMCWD
RNS Number : 2580S
Countrywide PLC
29 September 2017
29 September 2017
Countrywide plc
("Countrywide" or the "Company")
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility
and Connected Persons
Countrywide plc announces that on 29 September 2017, the
Remuneration Committee approved the grant of nil cost options under
the Countrywide Long-Term Incentive Plan to the following person
discharging managerial responsibilities:
Name Number of Ordinary Shares Number of Ordinary Shares Total number of Ordinary Exercise Price
subject to performance not subject to Shares subject to the
conditions performance conditions Option
---------------- -------------------------- -------------------------- --------------------------- ---------------
Grant Dempster 20,936 10,468 31,404 nil
---------------- -------------------------- -------------------------- --------------------------- ---------------
Performance conditions, relating to Earnings Per Share targets,
Total Shareholder Return targets, market share targets, customer
group net promoter score targets and people group engagement score
targets, as measured over a three year period, will determine the
extent to which some of the options will vest. To the extent an
option is not subject to performance conditions, it will vest on
the normal vesting date, subject to the provisions of the rules.
The number of options shown is the maximum available if all
conditions relating to awards are satisfied in full. Performance
conditions may, in exceptional circumstances, be amended in
accordance with the rules of the Long-Term Incentive Plan.
These options will, subject to satisfaction of performance
conditions, vest on 2 May 2020 and may be exercised prior to 2 May
2027.
The attached notifications, made in accordance with requirements
of the EU Market Abuse Regulation, give further details of the
options granted.
ENQUIRIES: Alix Nicholson (Deputy
Company Secretary)
COUNTRYWIDE PLC (+44) 01245 294007
WEBSITE: http:// www.countrywide.co.uk
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the PDMR / person closely associated
--- ----------------------------------------------------------------------------
a) Name Grant Dempster
--- ------------------------------ --------------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------
a) Position PDMR, Chief Risk & Compliance Officer
/ status
--- ------------------------------ --------------------------------------------
b) Initial notification Initial notification
/ amendment
--- ------------------------------ --------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------------
a) Name Countrywide plc
--- ------------------------------ --------------------------------------------
b) LEI 213800N1OX24ENZUIK30
--- ------------------------------ --------------------------------------------
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 Share options over ordinary shares
of the financial of GBP0.01 each in Countrywide plc
instrument,
type of instrument
Identification GB00B9NWP991
code
--- ------------------------------ --------------------------------------------
b) Nature of Grant of options under the Countrywide
the transaction Long-Term Incentive Plan.
Options are subject to certain performance
conditions measured over a three-year
performance period.
--- ------------------------------ --------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ------------ ----------
GBPNIL GBP 31,404
------------ ----------
--- ------------------------------ --------------------------------------------
d) Aggregated
information
N/A
* Aggregated volume
GBPNIL GBP
* Price
--- ------------------------------ --------------------------------------------
e) Date of the 2017-09-29 (Date of Grant)
transaction
--- ------------------------------ --------------------------------------------
f) Place of N/A
the transaction
--- ------------------------------ --------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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