REG - Crest Nicholson Hdgs - Director/PDMR Shareholding
Crest Nicholson Holdings plc
Director/PDMR Shareholding
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 884,009 Ordinary Shares of 5 pence each in the Company (the 'LTIP Awards') on 8 February 2021:
Director/PDMR
Number of shares over which award granted
Peter Truscott*
297,364
Duncan Cooper*
166,981
Tom Nicholson*
171,099
David Marchant
79,297
Kevin Maguire
57,948
Jane Cookson
44,223
Kieran Daya
67,097
*Denotes an Executive Director of the Company
Subject to performance conditions in respect of total shareholder return, EBIT margin and return on capital employed and certain other conditions in respect of service and conduct, the LTIP Awards vest on 8 February 2024. 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 8 February 2021 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 2020 Annual Integrated Report that will be published the week commencing 15 February 2021.
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)
297,364
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Nil
Volume(s)
297,364
e)
Date of the transaction
2021-02-08
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)
166,981
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Nil
Volume(s)
166,981
e)
Date of the transaction
2021-02-08
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)
171,099
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Nil
Volume(s)
171,099
e)
Date of the transaction
2021-02-08
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)
79,297
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Nil
Volume(s)
79,297
e)
Date of the transaction
2021-02-08
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)
57,948
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Nil
Volume(s)
57,948
e)
Date of the transaction
2021-02-08
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
Jane Cookson
2
Reason for the notification
a)
Position/status
Group HR 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)
44,223
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Nil
Volume(s)
44,223
e)
Date of the transaction
2021-02-08
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
Kieran Daya
2
Reason for the notification
a)
Position/status
Managing Director Partnerships and Strategic Land, 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)
67,097
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Nil
Volume(s)
67,097
e)
Date of the transaction
2021-02-08
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
10 February 2021
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