Director/PDMR Shareholdings
02/07/2024 14:18
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Fuller, Smith & Turner PLC (FSTA)
Fuller, Smith & Turner PLC: Director/PDMR Shareholdings
02-Jul-2024 / 14:17 GMT/BST
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Fuller, Smith & Turner P.L.C.
(“the Company”)
Director/PDMR Shareholdings
This notification is made in accordance with the Market Abuse Regulation.
The Company annnounces that on 28 June 2024 the Executive Directors and
persons discharging managerial responsibilities (“PDMRs”) detailed below
were granted conditional share awards under the Company’s Bonus and
Deferred Bonus Plan 2019 (the ”BDBP”) and/or the Company’s Long-Term
Incentive Plan 2020 (the “LTIP”).
i. Following publication of the Company’s financial results for FY2024 and
determination of the bonus outcome, awards over 40p ’A’ Ordinary Shares
under the BDBP were granted to the Executive Directors as set out in
the notifications below in respect of any bonus in excess of 75% of
salary. The awards will normally vest three years from the date of
grant and dividend equivalents will accrue up until the vesting date.
The calculation of the awards is based on the five day average price of
the middle market quotations ending 27 June 2024 being £6.956 for ‘A’
Ordinary Shares.
ii. Awards under the LTIP were granted to Executive Directors and PDMRs as
set out in the notifications below.
All awards are over a combination of both 40p ‘A’ Ordinary Shares and 4p
‘B’ Ordinary Shares. The calculation of the awards is based on the five
day average price of the middle market quotations ending 27 June 2024,
being £6.956 for ‘A’ Ordinary Shares and £0.6956 (notionally) for ‘B’
Ordinary Shares.
Vesting of these awards is subject to the fulfilment of certain
performance conditions over the three-year period ending FY2027 (as
detailed in the 2024 Annual Report and Accounts) and continued employment.
All awards granted to Executive Directors are subject to a two-year
holding period. Under the Plan rules, the Remuneration Committee has full
discretion to ensure that the final outturn reflects all relevant factors,
including consideration of any windfall gains.
Enquiries:
Rachel Spencer
Company Secretary
020 8996 2073
2 July 2024
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Simon Emeny
2. Reason for the notification
a) Position/status Chief Executive
b) Initial Initial Notification
notification/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Fuller, Smith & Turner P.L.C.
a) Name
213800C7ACOFMRCQQW76
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4. of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
‘A’ Ordinary Shares of 40p each
Description of the ‘B’ Ordinary Shares of 4p each
financial instrument, type
of instrument
a)
Identification code ‘A’ Ordinary Shares - GB00B1YPC344
‘B’ Ordinary Shares- unlisted
Award made under the Fuller, Smith & Turner
P.L.C. Bonus and Deferred Bonus Plan 2019
b) Nature of the transaction and under the Fuller, Smith & Turner P.L.C.
Long Term Incentive Plan 2020
Price Volume
‘A’ Ord Share ‘B’ Ord Share
c) Price(s) and volume(s) Shares Price Shares Price
BDBP 18,400 £6.956 - -
LTIP 83,237 £6.956 208,093 £0.6956
Aggregated
As above
d) information
Aggregated volume As above
Price As above
e) Date of the transaction 28 June 2024
Outside a trading venue
f) Place of the transaction
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Neil Smith
2. Reason for the notification
Finance Director
a) Position/status
b) Initial Initial
notification/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Fuller, Smith & Turner P.L.C.
a) Name
213800C7ACOFMRCQQW76
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4. of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
‘A’ Ordinary Shares of 40p each
Description of the ‘B’ Ordinary Shares of 4p each
financial instrument, type
of instrument
a)
‘A’ Ordinary Shares - GB00B1YPC344
Identification code ‘B’ Ordinary Shares- unlisted
Award made under the Fuller, Smith & Turner
b) Nature of the transaction P.L.C. Bonus and Deferred Bonus Plan 2019
and under the Fuller, Smith & Turner P.L.C.
Long Term Incentive Plan 2020
Price Volume
‘A’ Ord Share ‘B’ Ord Share
c) Price(s) and volume(s) Shares Price Shares Price
BDBP 12,730 £6.956 - -
LTIP 46,060 £6.956 115,152 £0.6956
Aggregated information
As above
d)
Aggregated volume As above
Price As above
e) Date of the transaction 28 June 2024
Outside a trading venue
f) Place of the transaction
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Fred Turner
2. Reason for the notification
Retail Director
a) Position/status
b) Initial Initial
notification/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Fuller, Smith & Turner P.L.C.
a) Name
213800C7ACOFMRCQQW76
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4. of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
‘A’ Ordinary Shares of 40p each
Description of the ‘B’ Ordinary Shares of 4p each
financial instrument, type
of instrument
a)
‘A’ Ordinary Shares - GB00B1YPC344
Identification code ‘B’ Ordinary Shares- unlisted
Award made under the Fuller, Smith & Turner
b) Nature of the transaction P.L.C. Bonus and Deferred Bonus Plan 2019
and under the Fuller, Smith & Turner P.L.C.
Long Term Incentive Plan 2020
Price Volume
‘A’ Ord Share ‘B’ Ord Share
c) Price(s) and volume(s) Shares Price Shares Price
BDBP 7,356 £6.956 - -
LTIP 33,280 £6.956 83,201 £0.6956
Aggregated information
As above
d)
Aggregated volume As above
Price As above
e) Date of the transaction 28 June 2024
Outside a trading venue
f) Place of the transaction
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Dawn Browne
2. Reason for the notification
a) Position/status People & Talent Director
b) Initial Initial Notification
notification/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Fuller, Smith & Turner P.L.C.
a) Name
213800C7ACOFMRCQQW76
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4. of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
‘A’ Ordinary Shares of 40p each
Description of the ‘B’ Ordinary Shares of 4p each
financial instrument, type
of instrument
a)
Identification code ‘A’ Ordinary Shares - GB00B1YPC344
‘B’ Ordinary Shares- unlisted
Award made under the Fuller, Smith & Turner
b) Nature of the transaction P.L.C. Bonus and Deferred Bonus Plan 2019
and under Fuller, Smith & Turner P.L.C.
Long Term Incentive Plan 2020
Price Volume
‘A’ Ord Share ‘B’ Ord Share
c) Price(s) and volume(s) Shares Price Shares Price
BDBP 1,993 £6.956 - -
LTIP 32,130 £6.956 80,326 £0.6956
Aggregated
As above
d) information
Aggregated volume As above
Price As above
e) Date of the transaction 28 June 2024
Outside a trading venue
f) Place of the transaction
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Peter Turner
2. Reason for the notification
a) Position/status Property Director / PDMR
b) Initial Initial Notification
notification/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Fuller, Smith & Turner P.L.C.
a) Name
213800C7ACOFMRCQQW76
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4. of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
‘A’ Ordinary Shares of 40p each
Description of the financial ‘B’ Ordinary Shares of 4p each
instrument, type of
instrument
a)
Identification code ‘A’ Ordinary Shares - GB00B1YPC344
‘B’ ordinary Shares- unlisted
Award made under the Fuller, Smith &
Turner P.L.C. Long Term Incentive Plan
b) Nature of the transaction 2020
Price Volume
c) Price(s) and volume(s) ‘A’ Ord Shares Share ‘B’ Ord Share
Price Shares Price
LTIP 15,008 £6.956 37,521 £0.6956
Aggregated
As above
d) information
Aggregated volume As above
Price As above
e) Date of the transaction 28 June 2024
Outside a trading venue
f) Place of the transaction
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Samantha Bourke
2. Reason for the notification
a) Position/status Marketing Director / PDMR
b) Initial Initial Notification
notification/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Fuller, Smith & Turner P.L.C.
a) Name
213800C7ACOFMRCQQW76
b) LEI
Details of the transaction(s): section to be repeated for (i) each type
4. of instrument; (ii) each type of transaction; (iii) each date; and (iv)
each place where transactions have been conducted
‘A’ Ordinary Shares of 40p each
Description of the financial ‘B’ Ordinary Shares of 4p each
instrument, type of
instrument
a)
Identification code ‘A’ Ordinary Shares - GB00B1YPC344
‘B’ Ordinary Shares- unlisted
Award made under the Fuller, Smith &
b) Nature of the transaction Turner P.L.C. Long Term Incentive Plan
2020
Price Volume
c) Price(s) and volume(s) ‘A’ Ord Shares Share ‘B’ Ord Share
Price Shares Price
LTIP 13,326 £6.956 33,316 £0.6956
Aggregated
As above
d) information
Aggregated volume As above
Price As above
e) Date of the transaction 28 June 2024
Outside a trading venue
f) Place of the transaction
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: GB00B1YPC344
Category Code: DSH
TIDM: FSTA
LEI Code: 213800C7ACOFMRCQQW76
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 331610
EQS News ID: 1938135
End of Announcement EQS News Service
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