REG - Computacenter - Director/PDMR Shareholding
RNS Number : 3692TComputacenter PLC24 March 2021
Computacenter plc
Incorporated in England
Registration number: 03110569
LEI: 549300XSXUZ1I19DB105
ISIN: GB00BV9FP302
Computacenter plc
(the 'Company')
The following notifications are made under Article 19 of the Market Abuse Regulation ('MAR') relating to certain transactions in the shares of the Company by Directors of the Company, Persons Discharging Managerial Responsibilities ('PDMR') of the Company and Persons Closely Associated ('PCA') with the Directors and PDMRs.
Grant of Awards - Performance Share Plan
The Company announces that on 22 March 2021, in accordance with the rules of the Computacenter Performance Share Plan 2005 (the 'PSP'), the Company granted awards of nil-cost options (the 'PSP Awards') over Ordinary Shares of 75/9 pence each in the capital of the Company ('Ordinary Shares'), to the following Directors/PDMR:
Director/PDMR
Number of shares awarded1
Mr F A Conophy (Director)
29,287
Mr K James (PDMR)
11,264
Mr M J Norris (Director)
51,678
1 Calculated using a price of 2175.00 pence per Ordinary Share which is the average middle market closing quotation, as derived from the Daily Official List of the London Stock Exchange, over the period from 17 March 2021 to 19 March 2021, being the three trading days before the date of grant of the award.
Performance Criteria
No consideration was paid for the grant of the PSP Awards which are structured as nil cost options, and which shall ordinarily vest and become exercisable by the three participants listed above, subject to the satisfaction of the performance conditions set by the Remuneration Committee of the Company which are based on (i) the compound annual growth rate of the Group's adjusted diluted earnings per share ('EPS'), commencing on 1 January 2021 and ending on 31 December 2023 (the 'Performance Period') and (ii) the compound annual growth rate of the Group's Services Revenue over the Performance Period. The PSP Awards for Messrs Conophy and Norris are subject to a two-year holding period following vesting. The vested PSP Awards held during the holding period will include the right to receive dividend equivalents as shares.
PDMR
Number of shares awarded1
Mr R Gray (PDMR)
2,140
1 Calculated using a price of 2175.00 pence per Ordinary Share which is the average middle market closing quotation, as derived from the Daily Official List of the London Stock Exchange, over the period from 17 March 2021 to 19 March 2021, being the three trading days before the date of grant of the award.
Performance Criteria
No consideration was paid for the grant of the PSP Awards which are structured as nil cost options, and which shall ordinarily vest and become exercisable by the participant listed above, subject to the satisfaction of the performance condition set by the Remuneration Committee of the Company which is based on the compound annual growth rate of the Group's EPS over the Performance Period.
All of the PSP Awards set out above will be satisfied out of shares held by the 2011 Computacenter Employee Benefit Trust or by treasury shares held by the Company at the discretion of the Board of the Company. The relevant FCA notifications are set out below.
Grant of Awards - Deferred Bonus Plan
The Company announces that on 21 March 2021, in accordance with the rules of the Computacenter 2017 Deferred Bonus Plan (the 'DBP'), the Company granted conditional awards (the '2020 Bonus Awards') over Ordinary Shares of 75/9 pence each, to the following Directors:
Director
Number of shares awarded1
Mr F A Conophy (Director)
7,866
Mr M J Norris (Director)
15,503
1 Calculated using a price of 2175.00 pence per Ordinary Share which is the average middle market closing quotation, as derived from the Daily Official List of the London Stock Exchange, over the period from 17 March 2021 to 19 March 2021, being the three trading days before the date of grant of the award.
Performance Criteria
The annual performance bonus for each of the two participants listed above is based on performance measures and targets set at the beginning of each financial year. Performance is normally assessed over one financial year. For the bonus paid in respect of 2020, 50 per cent will be paid in cash and 50 per cent, the 2020 Bonus Awards, has been deferred into Ordinary Shares of 75/9 pence each, as detailed above. One-half of the deferred shares from the 2020 Bonus Awards will vest after one year and the remaining deferred shares from the 2020 Bonus Awards will vest after two years. Ordinary Shares subject to deferral as part of the 2020 Bonus Awards will include the right to receive dividend equivalents as shares.
No consideration was paid for the grant of the 2020 Bonus Awards which are structured as conditional awards, and which shall ordinarily vest for the two participants listed above, subject to confirmation by the Remuneration Committee of the Company.
All of the Bonus Awards set out above will be satisfied by market purchase of shares. The relevant FCA notifications are set out below.
Vesting of Awards, Exercise of Options and Subsequent Sale of Shares
Computacenter Performance Share Plan 2005
The Company announces that on 22 March 2021, in accordance with the rules of the PSP, the nil-cost option awards over Ordinary Shares, which were granted on 21 March 2018, vested for the following Directors and PDMRs. Vesting of the PSP Awards was subject to the achievement of performance conditions over a three year period. One PDMR exercised nil cost option awards over Ordinary Shares. There was no price payable on the exercise of the PSP Award. Further, certain of the Ordinary Shares, resulting from the exercise of options, were sold for 2250.95 pence per share.
DIRECTOR / PDMR
Number of options awarded
% Award
vested2
Number of options vested
Number of options lapsed
Number of options exercised
Number of options held
Number of options retained
Number of shares sold3
Number of shares retained
Mr F A Conophy (Director)
50,310
70.00%
35,217
15,093
-
35,217
-
-
-
Mr M J Norris (Director)
88,782
70.00%
62,147
26,635
-
62,147
-
-
-
Mr K James (PDMR)
9,512
100.00%
9,512
-
9,512
-
-
4,485
5,027
Mr R Gray (PDMR)
2,917
100.00%
2,917
-
-
-
2,917
-
-
2 On 22 March 2021, the Directors and PDMRs listed above became entitled to Ordinary Shares as a result of awards vesting under the PSP. Awards granted under the PSP scheme vest subject to the satisfaction of performance conditions at the end of a three year period. The level of vesting for awards granted in 2018 was 70.00% for the PSP Enhanced Scheme and 100% for the PSP Standard Scheme. The awards vested to the Directors are subject to a two year holding period before they are released to the Directors.
3 For Mr K James, the sale of Ordinary Shares was sufficient only to fund the tax and national insurance liabilities and administrative fees arising from the exercise of the vested options.
Computacenter 2017 Deferred Bonus Plan
The Company announces that on 22 March 2021, the following conditional awards over Ordinary Shares vested for the Directors below. This followed, in accordance with the rules of the Computacenter 2017 Deferred Bonus Plan, the Company vesting tranches of the related conditional 2018 Bonus Awards and 2019 Bonus Awards, which were granted on 21 March 2019 and 21 March 2020 respectively, over Ordinary Shares. Vesting of these tranches of the 2018 Bonus Awards was subject to the completion of a two-year holding period. Vesting of these tranches of the 2019 Bonus Awards was subject to the completion of a one-year holding period. The remainder of the 2019 Bonus Awards will vest at the completion of a second year of holding. Further, certain of the Ordinary Shares, resulting from the vesting of the award, were sold for 2214 pence each.
DIRECTOR
Number of shares vested4
Number of shares sold5
Number of shares retained
Mr F A Conophy (Director)
14,744
-
14,744
Mr M J Norris (Director)
27,813
13,103
14,710
4 On 22 March 2021, the Directors and PDMRs listed above became entitled to ordinary shares of 75/9 pence each in the capital of the Company, as a result of awards vesting under the DBP. Awards granted under the DBP scheme vest in two tranches with one-half of the deferred shares from the Bonus Awards vesting after one year and the remaining deferred shares from the Bonus Awards vesting after two years. The shares vesting above relate to the second tranche of the 2018 Bonus Award made on 21 March 2019 and the first tranche of the 2019 Bonus Award made on 21 March 2020. The shares were released to the Directors on 22 March 2021 when the transactions noted above took place. The vesting amount included 42 and 81 shares, for Mr Conophy and Mr Norris respectively, awarded as dividend equivalent shares for the deferral period on the 2019 Bonus Award.
5 For Mr M Norris, the sale of Ordinary Shares was sufficient only to fund the tax and national insurance liabilities and administrative fees arising from the vesting of the Bonus Awards.
The relevant FCA notifications are set out below.
Position following Grant of Awards, Vesting of Awards and Options, Exercise of Options and Sale of Ordinary Shares
Following the completion of the transactions set out in this announcement:
DIRECTOR
Number of Ordinary Shares held6
Vested but held nil-cost options
Vested, unheld but unexercised nil-cost options
Balance of conditional awards under the PSP
Balance of conditional awards under the Bonus Award
Mr F A Conophy (Director)
1,873,556
35,217
65,260
143,586
16,135
Mr M J Norris (Director)
1,134,214
62,147
-
253,259
31,537
6 Includes interests held by a PCA
PDMR/PCA FCA Transaction Notification
1.
Details of Director/Person Discharging Managerial Responsibilities
Name
Francis Anthony Conophy
2.
Reason for the notification
2(a)
Position/Status
Group Finance Director
2(b)
Initial Notification/
Amendment
Initial Notification
3.
Details of the issuer
3(a)
Name
Computacenter plc
3(b)
LEI
549300XSXUZ1I19DB105
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Grant of a nil-cost option award over Ordinary Shares under the Computacenter Performance Share Plan 2005 (the 'PSP Award'). There is no price payable on the grant, vesting or exercise of the PSP Award. Vesting of the PSP Award is subject to the achievement of performance conditions over a three-year period. Any options vested under the PSP Award are subject to a two-year holding period before they can be exercised.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
29,287
4(d)
Aggregated Information
Aggregated Volume and Price
nil
29,287
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Grant of a conditional award over Ordinary Shares under the Computacenter 2017 Deferred Bonus Plan (the '2020 Bonus Award'). There is no price payable on the grant or vesting of the 2020 Bonus Award.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
7,866
4(d)
Aggregated Information
Aggregated Volume and Price
nil
7,866
4(e)
Date of the transaction
21-03-2021
4(f)
Place of the transaction
Outside of a trading venue.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Ordinary Shares acquired following the vesting of a conditional award, made on 21 March 2019, under the Computacenter 2017 Deferred Bonus Plan (the '2018 Bonus Award'). There is no price payable on the grant or exercise of the 2018 Bonus Award. Vesting of this tranche of the 2018 Bonus Award was subject to the completion of a two year holding period.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
6,433
4(d)
Aggregated Information
Aggregated Volume and Price
nil
6,433
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue. The Ordinary Shares for the above-mentioned exercise were satisfied out of those held by the 2011 Computacenter Employee Benefit Trust.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Ordinary Shares acquired following the vesting of a conditional award, made on 21 March 2020, under the Computacenter 2017 Deferred Bonus Plan (the '2019 Bonus Award'). There is no price payable on the grant or exercise of the 2019 Bonus Award. Vesting of this tranche of the 2019 Bonus Award was subject to the completion of a one year holding period. The remainder of the 2019 Bonus Award will vest at the completion of a second year of holding.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
8,269
4(d)
Aggregated Information
Aggregated Volume and Price
nil
8,269
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue. The Ordinary Shares for the above-mentioned exercise were satisfied out of those held by the 2011 Computacenter Employee Benefit Trust.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Ordinary Shares acquired as a dividend equivalent related to the grant and vesting of a conditional award, made on 21 March 2020, under the Computacenter 2017 Deferred Bonus Plan (the '2019 Bonus Award Dividend Equivalent'). There is no price payable on the acquisition of the 2019 Bonus Award Dividend Equivalent. The 2019 Bonus Award Dividend Equivalent was only attributable to the vesting of this tranche of the 2019 Bonus Award, with all previous tranches of each Bonus Award having the dividend equivalent satisfied in cash.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
42
4(d)
Aggregated Information
Aggregated Volume and Price
nil
42
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue. The Ordinary Shares for the above-mentioned exercise were satisfied out of those held by the 2011 Computacenter Employee Benefit Trust.
1.
Details of Director/Person Discharging Managerial Responsibilities
Name
Michael John Norris
2.
Reason for the notification
2(a)
Position/Status
Chief Executive Officer
2(b)
Initial Notification/
Amendment
Initial Notification
3.
Details of the issuer
3(a)
Name
Computacenter plc
3(b)
LEI
549300XSXUZ1I19DB105
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Grant of a nil-cost option award over Ordinary Shares under the Computacenter Performance Share Plan 2005 (the 'PSP Award'). There is no price payable on the grant, vesting or exercise of the PSP Award. Vesting of the PSP Award is subject to the achievement of performance conditions over a three-year period. Any options vested under the PSP Award are subject to a two-year holding period before they can be exercised.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
51,678
4(d)
Aggregated Information
Aggregated Volume and Price
nil
51,678
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Grant of a conditional award over Ordinary Shares under the Computacenter 2017 Deferred Bonus Plan (the '2020 Bonus Award'). There is no price payable on the grant or vesting of the 2020 Bonus Award.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
15,503
4(d)
Aggregated Information
Aggregated Volume and Price
nil
15,503
4(e)
Date of the transaction
21-03-2021
4(f)
Place of the transaction
Outside of a trading venue.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Ordinary Shares acquired following the vesting of a conditional award, made on 21 March 2019, under the Computacenter 2017 Deferred Bonus Plan (the '2018 Bonus Award'). There is no price payable on the grant or exercise of the 2018 Bonus Award. Vesting of this tranche of the 2018 Bonus Award was subject to the completion of a two year holding period.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
11,698
4(d)
Aggregated Information
Aggregated Volume and Price
nil
11,698
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue. The Ordinary Shares for the above-mentioned exercise were satisfied out of those held by the 2011 Computacenter Employee Benefit Trust.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Ordinary Shares acquired following the vesting of a conditional award, made on 21 March 2020, under the Computacenter 2017 Deferred Bonus Plan (the '2019 Bonus Award'). There is no price payable on the grant or exercise of the 2019 Bonus Award. Vesting of this tranche of the 2019 Bonus Award was subject to the completion of a one year holding period. The remainder of the 2019 Bonus Award will vest at the completion of a second year of holding.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
16,034
4(d)
Aggregated Information
Aggregated Volume and Price
nil
16,034
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue. The Ordinary Shares for the above-mentioned exercise were satisfied out of those held by the 2011 Computacenter Employee Benefit Trust.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Ordinary Shares acquired as a dividend equivalent related to the grant and vesting of a conditional award, made on 21 March 2020, under the Computacenter 2017 Deferred Bonus Plan (the '2019 Bonus Award Dividend Equivalent'). There is no price payable on the acquisition of the 2019 Bonus Award Dividend Equivalent. The 2019 Bonus Award Dividend Equivalent was only attributable to the vesting of this tranche of the 2019 Bonus Award, with all previous tranches of each Bonus Award having the dividend equivalent satisfied in cash.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
81
4(d)
Aggregated Information
Aggregated Volume and Price
nil
81
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue. The Ordinary Shares for the above-mentioned exercise were satisfied out of those held by the 2011 Computacenter Employee Benefit Trust.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Sale of Ordinary Shares. Ordinary Shares sold sufficient only to fund the tax and national insurance liabilities and administrative fees arising from the conditional awards vested, and dividend equivalent shares acquired, under the Computacenter 2017 Deferred Bonus Plan.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
22.14
13,103
4(d)
Aggregated Information
Aggregated Volume and Price
22.14
13,103
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
XLON
1.
Details of Person Discharging Managerial Responsibilities
Name
Kevin James
2.
Reason for the notification
2(a)
Position/Status
Group Chief Commercial Officer
2(b)
Initial Notification/
Amendment
Initial Notification
3.
Details of the issuer
3(a)
Name
Computacenter plc
3(b)
LEI
549300XSXUZ1I19DB105
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Grant of a nil-cost option award over Ordinary Shares under the Computacenter Performance Share Plan 2005 (the 'PSP Award'). There is no price payable on the grant, vesting or exercise of the PSP Award. Vesting of the PSP Award is subject to the achievement of performance conditions over a three year period.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
11,264
4(d)
Aggregated Information
Aggregated Volume and Price
nil
11,264
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Ordinary Shares acquired following exercise of a nil-cost option awarded under the Computacenter Performance Share Plan 2005 (the 'PSP Award'). There was no price payable on the grant or exercise of the PSP Award. Vesting of the PSP Award was subject to the achievement of a performance condition over a three year period.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
9,512
4(d)
Aggregated Information
Aggregated Volume and Price
nil
9,512
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue. The Ordinary Shares for the above-mentioned exercise were satisfied out of those held by the 2011 Computacenter Employee Benefit Trust.
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Sale of Ordinary Shares. Ordinary Shares sold sufficient only to fund the tax and national insurance liabilities and administrative fees arising from the conditional awards vested under the Computacenter Performance Share Plan 2005.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
22.5095
4,485
4(d)
Aggregated Information
Aggregated Volume and Price
22.5095
4,485
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
XLON
1.
Details of Person Discharging Managerial Responsibilities
Name
Raymond John Gray
2.
Reason for the notification
2(a)
Position/Status
Group Company Secretary, Group Head of Financial Reporting
2(b)
Initial Notification/
Amendment
Initial Notification
3.
Details of the issuer
3(a)
Name
Computacenter plc
3(b)
LEI
549300XSXUZ1I19DB105
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 transaction(s) have been conducted
4(a)
Description of the financial instrument
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
4(b)
Nature of Transaction
Grant of a nil-cost option award over Ordinary Shares under the Computacenter Performance Share Plan 2005 (the 'PSP Award'). There is no price payable on the grant, vesting or exercise of the PSP Award. Vesting of the PSP Award is subject to the achievement of a performance condition over a three year period.
4(c)
Price(s) and Volume(s)
Price(s) (in GBP)
Volume(s)
nil
2,140
4(d)
Aggregated Information
Aggregated Volume and Price
nil
2,140
4(e)
Date of the transaction
22-03-2021
4(f)
Place of the transaction
Outside of a trading venue.
Enquiries:
Name:
Raymond Gray
Company Secretary
Address:
Computacenter plc
Hatfield Avenue
Hatfield
Hertfordshire
AL10 9TW
Telephone:
01707 631 000
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