REG - Carr's Group PLC - Director/PDMR Shareholding
RNS Number : 9649TCarr's Group PLC19 November 2019
19 November 2019
Carr's Group plc
("Carr's", the "Company", or the "Group")
Director/PDMR Shareholdings
Carr's (CARR.L), the agriculture and engineering group, announces the following awards of options over ordinary shares in the Company of 2.5p each ("Ordinary Shares") to certain PDMRs.
Awards under the Company's Deferred Bonus Share Plan 2018 (the "DBSP")
On 18 November 2019 (the "Award Date"), awards were made under the Company's DBSP (the "Awards"). The Awards were granted in order to defer 25% of the annual cash bonus payable to Executive Directors in the form of Ordinary Shares for a period of two years in accordance with the Remuneration Committee's Policy on Executive Director Remuneration.
No consideration was payable on the grant of the Awards which will be exercisable from the second anniversary of the respective Award Date to the tenth anniversary of the respective Award Date.
The Awards are as follows:
Name of PDMR
Number of Ordinary Shares
subject to the Awards
Tim Davies
28,682
Neil Austin
22,279
The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):
1
. Details of the person discharging managerial responsibilities/person closely associated
a) Name
1. Tim Davies
2. Neil Austin
2
. Reason for the notification
a) Position/status
1. Chief Executive Officer
2. Group Finance Director
b) Initial notification/Amendment
Initial Notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
Carr's Group plc
b) LEI
213800HTIKPQV98RA653
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
Ordinary Shares of £0.025 each
b) Identification Code
GB00BRK01058
c) Nature of transactions
Grant of Award
d) Price(s) and Volume(s)
Price(s)
1. Nil
2. Nil
Volume(s)
28,682
22,279
e) Aggregated information:
i. Aggregated volume
ii. price
N/A
f) Date of the transaction
18 November 2019
g) Place of the transaction
Outside trading venue
Enquiries:
Carr's Group plc
Matthew Ratcliffe (Company Secretary)
01228 554 600
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