REG - Crest Nicholson Hdgs - Director/PDMR Shareholding
RNS Number : 1076ECrest Nicholson Holdings PLC25 February 2020Crest 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
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.ENDDSHBLGDDSUDDGGU
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