REG - Crest Nicholson Hdgs - Director/PDMR Shareholding

Crest Nicholson HoldingsAnnouncement

25/02/2020 17:00

RNS Number : 1076E
  
Crest Nicholson Holdings PLC
  
25 February 2020
  
 

Crest Nicholson Holdings plc
Director/PDMR Shareholding
 
In accordance with the notification obligations under Article 19.3 of the Market Abuse Regulation, Crest Nicholson Holdings plc (the 'Company') announces the following transactions by certain Directors of the Company and other Persons Discharging Managerial Responsibility ('PDMRs') under the Crest Nicholson Holdings plc Long-Term Incentive Plan (the 'LTIP').
 
The following Directors and PDMRs have been granted awards over 556,342 Ordinary Shares of 5 pence each in the Company (the 'LTIP Awards') on 20 February 2020:
 



Director/PDMR


Number of shares over which award granted




Peter Truscott*


253,016




Duncan Cooper*


106,558




Tom Nicholson*


109,186




David Marchant


50,603




Kevin Maguire


36,979



*Denotes an Executive Director of the Company
 
Subject to performance conditions in respect of earnings per share and return on capital employed and certain other conditions in respect of service and conduct, the LTIP Awards vest on 20 February 2023. The number of shares subject to the LTIP Awards has been calculated based on the average of the closing middle market quotation of a share in the Company for the five preceding dealing days to the grant date of 20 February 2020 in accordance with the rules of the Plan and no payment was required for the grant of the LTIP Awards. Details of the performance conditions can be found in the Company's 2019 Annual Integrated Report published on 17 February 2020.
 
All awards are subject to withholding and recovery provisions.
 
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.
 



a)


Name


Peter Truscott




2
 


Reason for the notification




a)


Position/status


Chief Executive, Director




b)


Initial notification/ Amendment


Initial notification




3


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




a)


Name


Crest Nicholson Holdings plc




b)


LEI


213800ROIFXRRRKVQD25




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 £0.05
 
 
GB00B8VZXT93




b)


Nature of the transaction


Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long Term Incentive Plan ('LTIP').




c)


Price(s) and volume(s)


Price(s)    
 
 Nil
 


Volume(s)
 
 253,016




d)


Aggregated information
- Aggregated volume
- Price


Price(s)    
 
 Nil
 


Volume(s)
 
    253,016




e)


Date of the transaction


2020-02-20




f)


Place of the transaction


Outside a trading venue



 
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Duncan Cooper




2
 


Reason for the notification




a)


Position/status


Group Finance Director, Director




b)


Initial notification/ Amendment


Initial notification




3


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




a)


Name


Crest Nicholson Holdings plc




b)


LEI


213800ROIFXRRRKVQD25




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 £0.05
 
 
GB00B8VZXT93




b)


Nature of the transaction


Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long Term Incentive Plan ('LTIP').




c)


Price(s) and volume(s)


Price(s)    
 
Nil
 


Volume(s)
 
   106,558




d)


Aggregated information
- Aggregated volume
- Price


Price(s)    
 
Nil
 
 


Volume(s)
 
106,558




e)


Date of the transaction


2020-02-20




f)


Place of the transaction


Outside a trading venue



 
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Tom Nicholson




2
 


Reason for the notification




a)


Position/status


Chief Operating Officer, Director




b)


Initial notification/ Amendment


Initial notification




3


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




a)


Name


Crest Nicholson Holdings plc




b)


LEI


213800ROIFXRRRKVQD25




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 £0.05
 
 
GB00B8VZXT93




b)


Nature of the transaction


Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long Term Incentive Plan ('LTIP').




c)


Price(s) and volume(s)


Price(s)    
 
Nil
 


Volume(s)
 
  109,186




d)


Aggregated information
- Aggregated volume
- Price


Price(s)    
 
Nil
 


Volume(s)
 
109,186




e)


Date of the transaction


2020-02-20




f)


Place of the transaction


Outside a trading venue



 
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


David Marchant




2
 


Reason for the notification




a)


Position/status


Group Production Director, PDMR




b)


Initial notification/ Amendment


Initial notification




3


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




a)


Name


Crest Nicholson Holdings plc




b)


LEI


213800ROIFXRRRKVQD25




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 £0.05
 
 
GB00B8VZXT93




b)


Nature of the transaction


Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long Term Incentive Plan ("LTIP").




c)


Price(s) and volume(s)


Price(s)    
 
Nil
 


Volume(s)
 
50,603




d)


Aggregated information
- Aggregated volume
- Price


Price(s)    
 
Nil
 


Volume(s)
 
50,603




e)


Date of the transaction


2020-02-20




f)


Place of the transaction


Outside a trading venue



 
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Kevin Maguire




2
 


Reason for the notification




a)


Position/status


General Counsel & Company Secretary, PDMR




b)


Initial notification/ Amendment


Initial notification




3


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




a)


Name


Crest Nicholson Holdings plc




b)


LEI


213800ROIFXRRRKVQD25




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 £0.05
 
 
GB00B8VZXT93




b)


Nature of the transaction


Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long Term Incentive Plan ('LTIP').




c)


Price(s) and volume(s)


Price(s)    
 
Nil
 


Volume(s)
 
36,979




d)


Aggregated information
- Aggregated volume
- Price


Price(s)    
 
Nil
 


Volume(s)
 
36,979




e)


Date of the transaction


2020-02-20




f)


Place of the transaction


Outside a trading venue



 
 
For further information please contact:
Kevin Maguire
General Counsel & Company Secretary                                                       
+44 (0) 1932 580 555
 
25 February 2020


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