Softcat PLC Additional Listing of Shares and PDMR Shareholding (2936N)
January 16 2019 - 9:04AM
UK Regulatory
TIDMSCT
RNS Number : 2936N
Softcat PLC
16 January 2019
For Immediate Release 16 January 2019
SOFTCAT plc
("Softcat", the "Company")
Notification of Transactions by
Persons Discharging Managerial Responsibilities and Persons
Closely Associated with them
The following notification made under article 19.1 of the Market
Abuse Regulation ("MAR") relates to exercising of nil-cost options
to persons discharging managerial responsibilities ("PDMR") on 10
January 2019 under the Softcat plc Long Term Incentive Plan
("LTIP"). This announcement is made in accordance with Article 19.3
of MAR.
Softcat Long Term Incentive Plan
The Company announces that on 10 January 2019, the LTIP awards
made on 21 December 2015 under the Softcat Long Term Incentive Plan
(LTIP) to Martin Hellawell (when he was Chief Executive) have been
exercised following full achievement of the performance criteria,
with 100% of the LTIP awards vesting for nil consideration. Details
of the number of ordinary shares of GBP0.0005 each in the share
capital of the Company ("Shares") received by Persons Discharging
Managerial Responsibility are set out below.
An application has been made to the UK Listing Authority and the
London Stock Exchange for an additional listing of 158,125 ordinary
shares of GBP0.0005 each to trade on the London Stock Exchange. It
is expected that the shares will be admitted to trade on the
Official List on 21 January 2019. The shares will rank pari passu
with the existing ordinary shares of the Company.
Following these transactions, Mr Hellawell and the persons
closely associated with him (namely Mandy Hellawell and The
Highgate Family Trust) will hold in aggregate 9,926,280 ordinary
shares, which represent approximately 5.01% of the Company's issued
share capital.
Total Voting Rights
Following Admission, the Company will have 198,108,820 ordinary
shares in issue. The Company has no Ordinary Shares held in
treasury. The total number of voting rights in the Company
following Admission will therefore be 198,108,820.
1. Details of PDMR / person closely associated with them
("PCA")
a) Name Martin Hellawell
----------------------- ----------------------------------------
2. Reason for the notification
-----------------------------------------------------------------
a) Position / Chairman
status
----------------------- ----------------------------------------
b) Initial notification Initial Notification
/ amendment
----------------------- ----------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------
a) Name Softcat plc
----------------------- ----------------------------------------
b) LEI 213800N42YZLR9GLVC42
----------------------- ----------------------------------------
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 Ordinary Shares of GBP0.0005 each
of the financial
instrument
ISIN: GB00BYZDVK82
Identification
Code
----------------------- ----------------------------------------
b) Nature of Exercise of options under the Softcat
the transaction plc Long Term Incentive Plan
----------------------- ----------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) nil 158,125
----------
----------------------- ----------------------------------------
d) Aggregated
information N/A
Aggregated
volume
Price
----------------------- ----------------------------------------
Date of the
e) transaction 2019-01-10
----------------------- ----------------------------------------
f) Place of the
transaction Outside a Trading Venue
----------------------- ----------------------------------------
For further information in relation to the LTIP please review
the 2018 Annual Report and Accounts or contact:
Softcat plc Tel: + 44(0) 20 7167 4961
Luke Thomas, Company Secretary
Media Enquiries - FTI Consulting LLP Tel: + 44(0) 203 727 1000
Ed Bridges
Dwight Burden
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
DSHUNRSRKRAAAAR
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