SuperGroup PLC Director/PDMR Shareholding (1299W)
February 06 2017 - 7:10AM
UK Regulatory
TIDMSGP
RNS Number : 1299W
SuperGroup PLC
06 February 2017
SuperGroup Plc
("SuperGroup" or the "Company")
6 February 2017
Notification and public disclosure of transactions by
Director/persons discharging managerial responsibilities ("PDMR")
and persons closely associated with them ("PCA")
On 1 February 2017, the PDMR named below was granted the
following awards over the ordinary shares of 5 pence each
("Ordinary Shares") in the capital of SuperGroup:
(A) Conditional share awards under the terms of the SuperGroup
2016 Performance Share Plan ("PSP"); and
(B) A conditional one-off Restricted Share Award ("RSA")
Details of the number of Ordinary Shares subject to such awards
are set out in the table immediately below.
Name / Position of Number of Ordinary Shares
PDMR subject to award
------------------------ --------------------------
Hugo Adams - Group (A) 28,135
Marketing and Business
Development Director
(B) 4,000
------------------------ --------------------------
Awards (A) and (B) were notified to the Company by the PDMR on 6
February 2017.
(A) PSP
No consideration was paid for the grant of this award which is
structured as a conditional award. The vesting of the award is
subject to the satisfaction of the following performance
conditions, measured over a performance period of three financial
years of the Company ending with the 2018/2019 financial year:
1. 70% of the award is based on the compound annual growth rate
("CAGR") in the Company's earnings per share ("EPS") measured over
the performance period.
-- 25% of the EPS-related part of the award will vest if the
CAGR in the EPS is 8%, increasing on a straight-line basis to 50%
vesting if the CAGR in the EPS is 10% and increasing on a
straight-line basis to 100% vesting if the CAGR in the EPS is 12%
or more.
2. 30% of the award is based on comparing the Company's total
shareholder return ("TSR") measured over the performance period
against the TSR over the performance period of each company in a
bespoke group of companies selected from appropriate subsectors of
the FTSE All Share Index ("Comparator Group").
-- 25% of the TSR-related part of the award will vest if the
Company's TSR is ranked at the median of the companies in the
Comparator Group by reference to their TSR, increasing on a
straight-line basis to 100% vesting if the Company's TSR is ranked
at the upper quartile of the companies in the Comparator Group by
reference to their TSR or higher than such upper quartile.
Performance against each target is assessed independently. The
award will normally vest on the later of the third anniversary of
grant and the determination of the performance conditions. The
award is subject to the rules of the Plan and in particular the
malus and clawback provisions set out therein.
(B) RSA
No consideration was paid for the grant of the award. The award
will normally vest on 30 June 2018 subject to the PDMR's continued
services with the Company. If vesting falls in a period when the
PDMR is prohibited from dealing in Ordinary Shares, vesting will
take place on the first dealing day immediately following 30 June
2018 on which the PDMR is permitted to deal in Shares.
This announcement, including the notification(s) below, is made
in accordance with the requirements of the EU Market Abuse
Regulation.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------------------
a) Name Hugo Adams
--- ------------------------- -----------------------------------------
2 Reason for the notification
--- --------------------------------------------------------------------
a) Position/status Group Marketing and Business
Development Director
--- ------------------------- -----------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- -----------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------------------
a) Name SuperGroup Plc
--- ------------------------- -----------------------------------------
b) LEI 213800GAQMT2WL7BW361
--- ------------------------- -----------------------------------------
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 Ordinary shares of 5 pence
the financial each
instrument, type
of instrument
Identification ISIN: GB00B60BD277
code
--- ------------------------- -----------------------------------------
b) Nature of the Grant of: (A) Conditional
transaction share awards under the SuperGroup
2016 Performance Share Plan;
and (B) A conditional one-off
Restricted Share Award.
--- ------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------- -----------
(A) GBP15.461 (A) 28,135
(B) GBP15.461 (B) 4,000
--------------- -----------
--- ------------------------- -----------------------------------------
d) Aggregated information Price(s) Aggregated
volume (s)
------------------ ------------
(A) GBP434,995.24 (A) 28,135
(B) GBP61,844.00 (B) 4,000
------------------ ------------
--- ------------------------- -----------------------------------------
e) Date of the transaction 1 February 2017
--- ------------------------- -----------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------------------
Enquiries:
SuperGroup Plc
Vanessa Lewis Camacho +44 (0) 7825 912980
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHTFMTTMBBMBMR
(END) Dow Jones Newswires
February 06, 2017 07:10 ET (12:10 GMT)
Superdry (LSE:SDRY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Superdry (LSE:SDRY)
Historical Stock Chart
From Apr 2023 to Apr 2024