DX (Group) PLC Grant of share awards and PDMR notification (7805V)
July 26 2018 - 2:02AM
UK Regulatory
TIDMDX.
RNS Number : 7805V
DX (Group) PLC
26 July 2018
26 July 2018
AIM: DX.
DX (Group) plc
("DX" or "the Group")
Grant of share awards and PDMR notification
DX, the independent parcels, mail and logistics operator,
announces that, on 25 July 2018, it made the following grants of
conditional nominal cost share awards over Ordinary Shares of 1
pence each in DX ("Ordinary Shares") ("Recovery Awards") to members
of the senior management team listed below.
Martin Illidge (DX Express MD), Michael Sherry (IT Director) and
Kerensa Leatherland (HR Director), who are all considered to be
Persons Discharging Managerial Responsibility ("PDMRs"), have
received Recovery Awards under the DX Performance Share Plan 2017.
These awards have an exercise price of 1 pence per Ordinary Share
and are subject to continued employment and share price targets.
The threshold share price vesting target is 12.5 pence per Ordinary
Share with the target for maximum vesting of 40 pence per Ordinary
Share.
PDMRs Number of Ordinary Shares
subject to the Awards
Martin Illidge 2,230,063
Michael Sherry 1,500,000
Kerensa Leatherland 1,200,000
Enquiries:
DX (Group) plc T: 020 3178 6378 (c/o
KTZ
Ron Series, Chairman Communications)
Lloyd Dunn, Chief Executive Officer
David Mulligan, Chief Financial Officer
finnCap (Nominated Adviser to DX) T: 020 7227 0500
Matt Goode/Simon Hicks/Hannah Boros (Corporate
Finance)
Andrew Burdis/Camille Gochez (Corporate
Broking)
KTZ Communications T: 020 3178 6378
Katie Tzouliadis
Emma Pearson
The notification below is made in accordance with the
requirements of the EU Market Abuse Regulation.
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 Martin Illidge
--------------------- ---------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status DX Express MD
--------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name DX (Group) plc
--------------------- ---------------------------------------------
b) LEI 213800LA2YGSOFIYIH95
--------------------- ---------------------------------------------
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 Options over Ordinary Shares of GBP0.01 each
of the financial
instrument, ISIN: GB00BJTCG679
type of instrument
Identification
code
--------------------- ---------------------------------------------
b) Nature of the Grant of conditional share awards
transaction
--------------------- ---------------------------------------------
c) Price(s) and Price No. of shares
volume(s) Nil 2,230,063
--------------
--------------------- ---------------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--------------------- ---------------------------------------------
e) Date of the 25 July 2017
transaction
--------------------- ---------------------------------------------
f) Place of the N/A
transaction
--------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Michael Sherry
--------------------- ---------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status IT Director
--------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name DX (Group) plc
--------------------- ---------------------------------------------
b) LEI 213800LA2YGSOFIYIH95
--------------------- ---------------------------------------------
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 Options over Ordinary Shares of GBP0.01 each
of the financial
instrument, ISIN: GB00BJTCG679
type of instrument
Identification
code
--------------------- ---------------------------------------------
b) Nature of the Grant of conditional share awards
transaction
--------------------- ---------------------------------------------
c) Price(s) and Price No. of shares
volume(s) Nil 1,500,000
--------------
--------------------- ---------------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--------------------- ---------------------------------------------
e) Date of the 25 July 2017
transaction
--------------------- ---------------------------------------------
f) Place of the Outside a trading venue
transaction
--------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Kerensa Leatherland
--------------------- ---------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status HR Director
--------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name DX (Group) plc
--------------------- ---------------------------------------------
b) LEI 213800LA2YGSOFIYIH95
--------------------- ---------------------------------------------
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 Options over Ordinary Shares of GBP0.01 each
of the financial
instrument, ISIN: GB00BJTCG679
type of instrument
Identification
code
--------------------- ---------------------------------------------
b) Nature of the Grant of conditional share awards
transaction
--------------------- ---------------------------------------------
c) Price(s) and Price No. of shares
volume(s) Nil 1,200,000
--------------
--------------------- ---------------------------------------------
d) Aggregated N/A
information
- Aggregated
volume
- Price
--------------------- ---------------------------------------------
e) Date of the 25 July 2017
transaction
--------------------- ---------------------------------------------
f) Place of the Outside a trading venue
transaction
--------------------- ---------------------------------------------
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
DSHDMGZNKKVGRZM
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