discoverIE Group plc Director/PDMR Shareholding (4917P)
February 08 2019 - 4:22AM
UK Regulatory
TIDMDSCV
RNS Number : 4917P
discoverIE Group plc
08 February 2019
8 February 2019
discoverIE Group plc
DIRECTOR/PDMR SHAREHOLDING
discoverIE Group plc (LSE:DSCV, the "Company") has been notified
that on 7 February 2019 Nick Jefferies (Group Chief Executive)
exercised the entirety of his 2010 Company Share Option Plan share
options over 18,819 ordinary shares of 5 pence each ("Ordinary
Shares") at an exercise price of 148p per Ordinary Share.
Concurrent with exercise of the options, Nick Jefferies sold
6,683 shares at 418.50p per Ordinary Share and the proceeds were
applied to settle the cost of exercise. Nick Jefferies transferred
the balance of 12,136 shares to his wife.
Following completion of the transactions above Nick Jefferies
and persons closely associated with him will be beneficially
interested in 960,931 Ordinary Shares (c.1.3% of the issued share
capital).
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 Nick Jefferies
--------------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position / status Group Chief Executive
--------------------------------- --------------------------------------
b) Initial notification / amendment Initial notification
--------------------------------- --------------------------------------
3 Details of issuer
-------------------------------------------------------------------------
a) Name discoverIE Group plc
--------------------------------- --------------------------------------
b) LEI 213800BMDLQU1VEEAN68
--------------------------------- --------------------------------------
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 Options over Ordinary Shares
instrument, type of instrument in discoverIE Group plc
Identification code Ordinary Shares in discoverIE
Group plc
GB0000055888
--------------------------------- --------------------------------------
b) Nature of the transaction Exercise of options pursuant
to the 2010 Company Share Option
Plan and sale of Ordinary Shares
--------------------------------- --------------------------------------
c) Price(s) and volume(s) Price Volume
148 pence per
share 18,819
-------
418.50 pence
per share 6,683
-------
--------------------------------- --------------------------------------
d) Aggregated information Price Volume Total
148 pence 18,819 GBP27,852.12
per share
------- -------------
418.50 6,683 GBP27,968.36
pence per
share
------- -------------
--------------------------------- --------------------------------------
e) Date of the transaction 7 February 2019
--------------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, Main
Market (XLON)
--------------------------------- --------------------------------------
For further information please contact:
discoverIE Group plc
Joanna Harkus Madge: Group Company Secretary 01483 544500
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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