TIDMSHB
RNS Number : 2242J
Shaftesbury PLC
18 December 2020
Shaftesbury PLC (the "Company")
Director/PDMR shareholding
The following transactions were undertaken on 17 December 2020
by directors of the Company in the Deferred Annual Share Bonus
Scheme ("DASBS") and Long Term Incentive Plan ("LTIP"):
1. Exercise of awards under the DASBS
Following the vesting of the DASBS awards granted in December
2017, the directors sold sufficient shares to meet income tax and
national insurance liabilities and retained the balance.
Name Number of shares Number of shares Number of
vesting in 2017 sold shares retained
DASBS
Brian Bickell 41,944 18,941 23,003
----------------- ----------------- -----------------
Simon Quayle 29,618 13,970 15,648
----------------- ----------------- -----------------
Tom Welton 29,618 13,970 15,648
----------------- ----------------- -----------------
Chris Ward 29,276 13,808 15,468
----------------- ----------------- -----------------
The ordinary shares were sold at an average price of 5.5012
pence per share.
2. Exercise of awards under the 2015 LTIP
The 2015 LTIP awards made to directors vested on the third
anniversary of their grant (3 December 2018) and were subject to a
two year post-vesting holding period.
The 2015 LTIP awards were exercised on 17 December 2020 with all
directors selling sufficient shares to meet income tax and national
insurance liabilities, and retained the balance.
Name Number of shares Number of shares Number of
vesting in 2015 sold shares retained
LTIP
Brian Bickell 15,265 6,894 8,371
---------------- ----------------- -----------------
Simon Quayle 10,765 5,077 5,688
---------------- ----------------- -----------------
Tom Welton 10,765 5,077 5,688
---------------- ----------------- -----------------
Chris Ward 10,528 4,966 5,562
---------------- ----------------- -----------------
The ordinary shares were sold at an average price of 5.5012
pence per share.
Full details on the DASBS and LTIP schemes may be found in the
Company's Annual Reports.
3. Vesting of awards under the 2017 LTIP
The vesting of LTIP awards made in 2017 are measured on a
three-year performance period which ended on 30 September 2020. TSR
and NAV were below the relevant benchmark, resulting in zero
vesting.
Full details on the LTIP scheme may be found in the Company's
Annual Report.
4. Resulting Executive Directors Shareholdings
Following these transactions, the executive directors resulting
shareholding in the Company is as follows:
Name Number of shares held
Brian Bickell* 1,336,539
----------------------
Simon Quayle 1,154,139
----------------------
Tom Welton* 942,007
----------------------
Chris Ward* 223,471
----------------------
* Indicates holding inclusive of a person closely
associated.
Desna Martin
Company Secretary
18 December 2020
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Brian Bickell
--------------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Chief Executive
--------------------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name Shaftesbury PLC
--------------------------------------- ----------------------------------------------
b) LEI 213800N7LHKFNTDKAT98
--------------------------------------- ----------------------------------------------
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 Ordinary shares 25p
financial instrument,
type of instrument
Identification code GB0007990962
b) Nature of the transaction Release of shares under the Company's
Deferred Annual Share Bonus Scheme
("DASBS") and the sale of sufficient
shares to meet tax and NI liability.
The number below represents the number
of shares retained following the
sale.
--------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------- --------------------
Price(s) Volume(s)
--------------------- --------------------
23,003
------------------------------------------------------------------ --------------------
d) Aggregated information
- Aggregated volume 23,003
- Price N/A
e) Date of the transaction 17 December 2020
--------------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Simon Quayle
--------------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Executive Director
--------------------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name Shaftesbury PLC
--------------------------------------- ----------------------------------------------
b) LEI 213800N7LHKFNTDKAT98
--------------------------------------- ----------------------------------------------
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 Ordinary shares 25p
financial instrument,
type of instrument
Identification code GB0007990962
b) Nature of the transaction Release of shares under the Company's
Deferred Annual Share Bonus Scheme
("DASBS") and the sale of sufficient
shares to meet tax and NI liability.
The number below represents the number
of shares retained following the
sale.
--------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------- --------------------
Price(s) Volume(s)
--------------------- --------------------
15,648
------------------------------------------------------------------ --------------------
d) Aggregated information
- Aggregated volume 15,648
- Price N/A
e) Date of the transaction 17 December 2020
--------------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Tom Welton
--------------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Executive Director
--------------------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name Shaftesbury PLC
--------------------------------------- ----------------------------------------------
b) LEI 213800N7LHKFNTDKAT98
--------------------------------------- ----------------------------------------------
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 Ordinary shares 25p
financial instrument,
type of instrument
Identification code GB0007990962
b) Nature of the transaction Release of shares under the Company's
Deferred Annual Share Bonus Scheme
("DASBS") and the sale of sufficient
shares to meet tax and NI liability.
The number below represents the number
of shares retained following the
sale.
--------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------- --------------------
Price(s) Volume(s)
--------------------- --------------------
15,648
------------------------------------------------------------------ --------------------
d) Aggregated information
- Aggregated volume 15,648
- Price N/A
e) Date of the transaction 17 December 2020
--------------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Chris Ward
--------------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Finance Director
--------------------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name Shaftesbury PLC
--------------------------------------- ----------------------------------------------
b) LEI 213800N7LHKFNTDKAT98
--------------------------------------- ----------------------------------------------
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 Ordinary shares 25p
financial instrument,
type of instrument
Identification code GB0007990962
b) Nature of the transaction Release of shares under the Company's
Deferred Annual Share Bonus Scheme
("DASBS") and the sale of sufficient
shares to meet tax and NI liability.
The number below represents the number
of shares retained following the
sale.
--------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------- --------------------
Price(s) Volume(s)
--------------------- --------------------
15,468
------------------------------------------------------------------ --------------------
d) Aggregated information
- Aggregated volume 15,468
- Price N/A
e) Date of the transaction 17 December 2020
--------------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Brian Bickell
--------------------------------------- ---------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Chief Executive
--------------------------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name Shaftesbury PLC
--------------------------------------- ---------------------------------------------
b) LEI 213800N7LHKFNTDKAT98
--------------------------------------- ---------------------------------------------
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 Ordinary shares 25p
financial instrument,
type of instrument
Identification code GB0007990962
b) Nature of the transaction Release of shares under the Company's
Long Term Incentive Plan, and the
sale of sufficient shares to meet
tax and NI liability. The number
below represents the number of shares
retained following the sale.
--------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
-------------------- --------------------
Price(s) Volume(s)
-------------------- --------------------
8,371
----------------------------------------------------------------- --------------------
d) Aggregated information
- Aggregated volume 8,371
- Price N/A
e) Date of the transaction 17 December 2020
--------------------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Simon Quayle
--------------------------------------- ---------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Executive Director
--------------------------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name Shaftesbury PLC
--------------------------------------- ---------------------------------------------
b) LEI 213800N7LHKFNTDKAT98
--------------------------------------- ---------------------------------------------
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 Ordinary shares 25p
financial instrument,
type of instrument
Identification code GB0007990962
b) Nature of the transaction Release of shares under the Company's
Long Term Incentive Plan, and the
sale of sufficient shares to meet
tax and NI liability. The number
below represents the number of shares
retained following the sale.
--------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
-------------------- --------------------
Price(s) Volume(s)
-------------------- --------------------
5,688
----------------------------------------------------------------- --------------------
d) Aggregated information
- Aggregated volume 5,688
- Price N/A
e) Date of the transaction 17 December 2020
--------------------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Tom Welton
--------------------------------------- ---------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Executive Director
--------------------------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name Shaftesbury PLC
--------------------------------------- ---------------------------------------------
b) LEI 213800N7LHKFNTDKAT98
--------------------------------------- ---------------------------------------------
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 Ordinary shares 25p
financial instrument,
type of instrument
Identification code GB0007990962
b) Nature of the transaction Release of shares under the Company's
Long Term Incentive Plan, and the
sale of sufficient shares to meet
tax and NI liability. The number
below represents the number of shares
retained following the sale.
--------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
-------------------- --------------------
Price(s) Volume(s)
-------------------- --------------------
5,688
----------------------------------------------------------------- --------------------
d) Aggregated information
- Aggregated volume 5,688
- Price N/A
e) Date of the transaction 17 December 2020
--------------------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Chris Ward
--------------------------------------- ---------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Finance Director
--------------------------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name Shaftesbury PLC
--------------------------------------- ---------------------------------------------
b) LEI 213800N7LHKFNTDKAT98
--------------------------------------- ---------------------------------------------
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 Ordinary shares 25p
financial instrument,
type of instrument
Identification code GB0007990962
b) Nature of the transaction Release of shares under the Company's
Long Term Incentive Plan, and the
sale of sufficient shares to meet
tax and NI liability. The number
below represents the number of shares
retained following the sale.
--------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
-------------------- --------------------
Price(s) Volume(s)
-------------------- --------------------
5,562
----------------------------------------------------------------- --------------------
d) Aggregated information
- Aggregated volume 5,562
- Price N/A
e) Date of the transaction 17 December 2020
--------------------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange
--------------------------------------- ---------------------------------------------
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END
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