REG - Computacenter - Director/PDMR Shareholding

ComputacenterAnnouncement

04/04/2024 15:00

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RNS Number : 3651J  Computacenter PLC  04 April 2024

 

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.

 

Vesting of Award, Exercise of Option and Subsequent Sale of Shares

 

Computacenter 2017 Deferred Bonus Plan

The Company announces that on 2 April 2024, the following conditional award
over Ordinary Shares vested for the Director below. This followed, in
accordance with the rules of the Computacenter 2017 Deferred Bonus Plan, the
Company vesting tranches of the related conditional 2022 Bonus Award, which
was granted on 6 April 2023, over Ordinary Shares.  Vesting of this tranche
of the 2022 Bonus Award was subject to the completion of a one-year holding
period. Further, certain of the Ordinary Shares, resulting from the vesting of
the award, were sold for 2708 pence each.

 

 DIRECTOR                  Number of shares vested(1)  Number of shares sold  Number of shares retained

 Mr M J Norris (Director)  3,250                       3,250                  -

(1) On 30 March 2024, the Director listed above became entitled to ordinary
shares of 7(5)/(9) pence each in the capital of the Company, as a result of an
Award vesting under the DBP.  Awards granted under the DBP Plan 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 first tranche of the
2022 Bonus Award made on 6 April 2023. The shares were released to the
Director on 2 April 2024 when the transaction noted above took place. The
vesting amount included 94 shares, awarded as dividend equivalent shares equal
in value to dividends that would have been paid on the shares in respect of
which the award vests in respect of dividend record dates during the period
between the grant date and the vesting date.

 

The relevant FCA notifications are set out below.

 

PDMR/PCA FCA Transaction Notification

 

 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/                     Initial Notification

        Amendment

 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                     Ordinary Shares acquired following the vesting of a conditional award, made on

                                         6 April 2023, under the Computacenter 2017 Deferred Bonus Plan (the '2022
                                                  Bonus Award'). There is no price payable on the grant or exercise of the 2022
                                                  Bonus Award. Vesting of this tranche of the 2022 Bonus Award was subject to
                                                  the completion of a one year holding period.

 4(c)   Price(s) and Volume(s)                    Price(s) (in GBP)                         Volume(s)

        nil                                                                                 3,156

 4(d)   Aggregated Information

        Aggregated Volume and Price               nil                                       3,156

 4(e)   Date of the transaction                   02-04-2024

 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 dividend equivalents related to the grant and

                                         vesting of a conditional award, made on 6 April 2023, under the Computacenter
                                                  2017 Deferred Bonus Plan (the 'Bonus Award Dividend Equivalents'). There is no
                                                  price payable on the acquisition of the Bonus Award Dividend Equivalents.

 4(c)   Price(s) and Volume(s)                    Price(s) (in GBP)                         Volume(s)

        nil                                                                                 94

 4(d)   Aggregated Information

        Aggregated Volume and Price               nil                                       94

 4(e)   Date of the transaction                   02-04-2024

 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. Sold all 3,250 Shares from the conditional award

                                         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)

        27.08                                                                               3,250

 4(d)   Aggregated Information

        Aggregated Volume and Price               27.08                                     3.250

 4(e)   Date of the transaction                   02-04-2024

 4(f)   Place of the transaction                  XLON

 

 

Enquiries:

 

 Name:       Simon Pereira
             Company Secretary

 Address:    Computacenter plc

             Hatfield Avenue

             Hatfield

             Hertfordshire

             AL10 9TW

 Telephone:  +44 (0) 7385 514 715

 

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