REG - Compass Group PLC - Director/PDMR Shareholding
RNS Number : 2016VCompass Group PLC29 November 2019
LEI: 2138008M6MH9OZ6U2T68
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
COMPASS GROUP PLC: DIRECTOR/PDMR SHAREHOLDINGS
Compass Group PLC (the "Company") announces the following changes in the interests of Directors and Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 11 1/20 pence each in the share capital of the Company ("Shares").
Long Term Incentive Plan 2016-17 Award Release
Following satisfaction of the corporate performance conditions in the three years ended 30 September 2019, on 26 November 2019, awards made under The Compass Group Long Term Incentive Plan 2010 ("LTIP 2010") in respect of the 2016/17 financial year subject to Total Shareholder Return, Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions) as made to Executive Committee members as at the date of grant, vested at 100%, and those awards subject to Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions), as made to leadership team members as at the date of grant, vested at 100%. The following Shares were released and issued on 28 November 2019:
Name
Director / PDMR
Shares awarded
Shares vested
Shares sold3
Shares retained
Dominic Blakemore
Director
96,5281
96,528
46,469
50,0594
Gary Green
Director
137,2711
137,271
62,849
74,4224
Robin Mills
PDMR
28,2781
28,278
13,619
14,659
Sandra Moura
PDMR
17,7991
17,799
8,574
9,225
Venkatesh Shantaram
PDMR
11,3782
11,378
5,483
5,895
Mark van Dyck
PDMR
48,6961
48,696
23,448
25,248
1 LTIP 2010 awards subject to Total Shareholder Return, Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions).
2 LTIP 2010 awards subject to Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions).3 Shares sold on 28 November 2019 at £18.748194 per Share in order to realise funds to settle resultant tax and social security liabilities arising from such issue.
4 Shares subject to a two year post vest holding period.
Resultant Shareholdings
Following the transactions detailed above, the total interests in Shares for the Directors and PDMRs noted above are as shown below:
Name
Number of Shares
Percentage of Issued Share Capital (excl. Treasury Shares)
Dominic Blakemore
247,521
0.0156
Gary Green
265,804
0.0168
Robin Mills
37,524
0.0024
Sandra Moura
33,027
0.0021
Venkatesh Shantaram
16,095
0.0010
Mark van Dyck
81,762
0.0052
The following notifications have been made to the Financial Conduct Authority in accordance with the requirements of the EU Market Abuse Regulation in respect of the above:
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dominic Blakemore
2
Reason for the notification
a)
Position/status
Executive director
b)
Initial notification/
AmendmentInitial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Compass Group PLC
b)
LEI
2138008M6MH9OZ6U2T68
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
Identification code
Ordinary Shares of 11 1/20 pence each in Compass Group PLC ("Shares")
GB00BD6K4575
b)
Nature of the transaction
Acquisition of 96,528 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 46,469 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
GBP 18.748194
46,469
d)
Aggregated information
Aggregated volume
Price
Total
46,469
GBP 18.748194
GBP 871,209.83
e)
Date of the transaction
28 November 2019
f)
Place of the transaction
London Stock Exchange, Main Market - XLON
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gary Green
2
Reason for the notification
a)
Position/status
Executive director
b)
Initial notification/
AmendmentInitial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Compass Group PLC
b)
LEI
2138008M6MH9OZ6U2T68
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
Identification code
Ordinary Shares of 11 1/20 pence each in Compass Group PLC ("Shares")
GB00BD6K4575
b)
Nature of the transaction
Acquisition of 137,271 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 62,849 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
GBP 18.748194
62,849
d)
Aggregated information
Aggregated volume
Price
Total
62,849
GBP 18.748194
GBP 1,178,305.24
e)
Date of the transaction
28 November 2019
f)
Place of the transaction
London Stock Exchange, Main Market - XLON
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Robin Mills
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/
AmendmentInitial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Compass Group PLC
b)
LEI
2138008M6MH9OZ6U2T68
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
Identification code
Ordinary Shares of 11 1/20 pence each in Compass Group PLC ("Shares")
GB00BD6K4575
b)
Nature of the transaction
Acquisition of 28,278 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 13,619 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
GBP 18.748194
13,619
d)
Aggregated information
Aggregated volume
Price
Total
13,619
GBP 18.748194
GBP 255,331.65
e)
Date of the transaction
28 November 2019
f)
Place of the transaction
London Stock Exchange, Main Market - XLON
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sandra Moura
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/
AmendmentInitial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Compass Group PLC
b)
LEI
2138008M6MH9OZ6U2T68
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
Identification code
Ordinary Shares of 11 1/20 pence each in Compass Group PLC ("Shares")
GB00BD6K4575
b)
Nature of the transaction
Acquisition of 17,799 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 8,574 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
GBP 18.748194
8,574
d)
Aggregated information
Aggregated volume
Price
Total
8,574
GBP 18.748194
GBP 160,747.02
e)
Date of the transaction
28 November 2019
f)
Place of the transaction
London Stock Exchange, Main Market - XLON
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Venkatesh Shantaram
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/
AmendmentInitial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Compass Group PLC
b)
LEI
2138008M6MH9OZ6U2T68
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
Identification code
Ordinary Shares of 11 1/20 pence each in Compass Group PLC ("Shares")
GB00BD6K4575
b)
Nature of the transaction
Acquisition of 11,378 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 5,483 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
GBP 18.748194
5,483
d)
Aggregated information
Aggregated volume
Price
Total
5,483
GBP 18.748194
GBP 102,796.35
e)
Date of the transaction
28 November 2019
f)
Place of the transaction
London Stock Exchange, Main Market - XLON
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark van Dyck
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/
AmendmentInitial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Compass Group PLC
b)
LEI
2138008M6MH9OZ6U2T68
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
Identification code
Ordinary Shares of 11 1/20 pence each in Compass Group PLC ("Shares")
GB00BD6K4575
b)
Nature of the transaction
Acquisition of 48,696 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 23,448 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
GBP 18.748194
23,448
d)
Aggregated information
Aggregated volume
Price
Total
23,448
GBP 18.748194
GBP 439,607.65
e)
Date of the transaction
28 November 2019
f)
Place of the transaction
London Stock Exchange, Main Market - XLON
ENDS
Enquiries:
Compass Group PLC
+44 (0)1932 573000
Investors/Analysts: Alison Yapp, Group General Counsel & Company Secretary
Kate Postans, Interim Investor Relations and Corporate Affairs Director
Note to Editors: Compass Group PLC is the world's leading food service company, which generated annual revenues of £25.2 billion in the year to 30 September 2019. It operates in around 45 countries, employs and engages around 600,000 people and serves over 5.5 billion meals a year. The Company specialises in providing food and a range of support services across the core sectors of Business & Industry, Healthcare & Seniors, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.
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.ENDDSHFEEFLUFUSEDF
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