REG - Crest Nicholson Hdgs - Director/PDMR Shareholding
RNS Number : 5019DCrest Nicholson Holdings PLC26 June 2019Crest 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 278,558 Ordinary Shares of 5 pence each in the Company (the "LTIP Awards") on 21 June 2019:
Director/PDMR
Number of shares over which award granted
Duncan Cooper*
141,389
Tom Nicholson
137,169
*Denotes an Executive Director of the Company
Subject to performance conditions in respect of earnings per share ("EPS"), return on capital employed ("ROCE"), earnings before interest and taxes margin ("EBIT Margin") and certain other conditions in respect of service and conduct, the LTIP Awards will vest on 21 June 2022. The performance measures are the same as the LTIP Awards made to the Directors and PDMRs in April 2019.
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.
a)
Name
Duncan Cooper
2
Reason for the notification
a)
Position/status
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
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)
Volume(s)
LTIP
Nil
141,389
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
GBP Nil
Volume(s)
141,389
e)
Date of the transaction
2019-06-21
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
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)
Volume(s)
LTIP
Nil
137,169
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
GBP Nil
Volume(s)
137,169
e)
Date of the transaction
2019-06-21
f)
Place of the transaction
Outside a trading venue
For further information please contact:
Kevin Maguire
Company Secretary +44 (0) 1932 580 555
26 June 2019
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.ENDDSHGCGDLUSDBGCL
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