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Company Announcements

Director/PDMR Shareholding 28 July 2016

28th July 2016

RNS Number : 5746F
Dart Group PLC
28 July 2016
 

28 July 2016

 

Dart Group PLC (the "Company")

 

Director/PDMR Dealing

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Stephen Heapy

2

Reason for the notification

a)

Position/status

Director,  Dart Group Plc

b)

Initial notification/Amendment

This is an initial notification.

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Dart Group Plc

b)

LEI

I72RQ3PNLDPW8R7JIJ56

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 instrument, type of instrument

Share award, constituting a right to acquire Ordinary Shares

Identification code

Award over shares with identification code GB00B1722W11

b)

Nature of the transaction

Grant of deferred awards under the Senior Executive Incentive Plan which has recently been adopted by Dart Group Plc. The deferred awards represent the deferred elements of annual bonuses earned for the financial years ending 31 March 2014 and 31 March 2015, as reported in the Dart Group plc Annual Report and Accounts for each financial year, and for the financial year ending 31 March 2016.  

The deferred awards have a normal vesting date of  6 July 2017, 26 July 2018 and 24 July 2019 respectively. The deferred awards are not subject to performance conditions but are subject to continued employment.

There is no price payable for the grant of the options, and the options have an exercise price of 1.25p per Ordinary Share.

c)

Price(s) and volume(s)

Price

Volume

Nil

41,581

Nil

  32,047

Nil

16,654

d)

Aggregated information

Price

Volume

 Nil

90,282

e)

Date of the transaction

2016-07-26

f)

Place of the transaction

outside a trading venue.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Written by Internal

Posted in

July 28, 2016 at 00:00

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