REG-Fuller, Smith & Turner PLC Director/PDMR Shareholdings
01/10/2021 18:25
============
Fuller, Smith & Turner PLC (FSTA)
Director/PDMR Shareholdings
01-Oct-2021 / 18:22 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Fuller, Smith & Turner P.L.C.
("Fuller's" or "the Company")
Director/PDMR Shareholdings
This notification is made in accordance with the Market Abuse Regulation.
The Company annnounces that on 29 September 2021, conditional share awards
were granted under the Company's Long-Term Incentive Plan 2020 (the
"Plan") to Executive Directors and persons discharging managerial
responsibilities ("PDMRs") as set out below. This includes a Recovery LTIP
Award which, following shareholder approval, has been introduced to
incentivise management to deliver a recovery in business performance over
the next three years.
All awards are over a combination of both 40p 'A' Ordinary and 4p 'B'
Ordinary Shares.
The calculation of the awards was based on the five day average price of
the middle market quotations ending 28 September 2021, being £7.33 for 'A'
Ordinary Shares and £0.733 (notionally) for 'B' Ordinary Shares.
Vesting of these awards is subject to the fulfilment of certain
performance conditions over the three-year period commencing on 28 March
2021 (as detailed in the 2021 Annual Report and Accounts) and continued
employment. All awards granted to Executive Directors are subject to a
two-year holding period. A two-year period will also apply to PDMRs
receiving a Recovery LTIP. 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
Notes to Editors:
Fuller, Smith & Turner P.L.C. is the premium pubs and hotels business that
is famous for beautiful and inviting pubs with delicious fresh food, a
vibrant and interesting range of drinks, and engaging service from
passionate people. Fuller's has 209 managed businesses, with 1,027
boutique bedrooms, and 175 Tenanted Inns. The estate is predominately
located in the South of England (44% of sites are within the M25) and
stretches from our London heartland to the Jurassic Coast via the New
Forest. Our Managed Pubs and Hotels include 15 iconic Ale & Pie pubs,
seven stunning hotels in the Cotswolds, and Bel & The Dragon - seven
exquisite country inns located in the Home Counties. In summary, Fuller's
is the home of great pubs, outstanding hospitality and passionate people,
where everyone is welcome and leaves that little bit happier than they
arrived.
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 CEO
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
Awards made under the Fuller, Smith &
b) Nature of the transaction Turner P.L.C. Long Term Incentive Plan 2020
Price Volume
A Ord Share B Ord Share
Shares Price Shares Price
c) Price(s) and volume(s) Annual 69,577 £7.33 173,942 £0.733
LTIP
Recovery 139,154 £7.33 347,885 £0.733
LTIP
Aggregated
As Above
d) information
Aggregated volume As above
Price As Above
e) Date of the transaction 29/09/2021
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
Awards made under the Fuller, Smith &
b) Nature of the transaction Turner P.L.C. Long Term Incentive Plan 2020
Price Volume
A Ord Share B Ord Share
Shares Price Shares Price
c) Price(s) and volume(s) Annual 27,830 £7.33 69,577 £0.733
LTIP
Recovery 55,661 £7.33 139,154 £0.733
LTIP
Aggregated information
As Above
d)
Aggregated volume As Above
Price As Above
e) Date of the transaction 29/09/2021
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 B Ordinary Shares of 4p each
financial instrument, type
of instrument
a)
Identification code A Ordinary Shares - GB00B1YPC344
B ordinary Shares- unlisted
Awards made under the Fuller, Smith &
b) Nature of the transaction Turner P.L.C. Long Term Incentive Plan 2020
Price Volume
A Ord Share B Ord Share
Shares Price Shares Price
c) Price(s) and volume(s) Annual 12,523 £7.33 31,309 £0.733
LTIP
Recovery 20,873 £7.33 52,182 £0.733
LTIP
Aggregated
As Above
d) information
Aggregated volume As above
Price As Above
e) Date of the transaction 29/09/2021
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 / 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 B Ordinary Shares of 4p each
financial instrument, type
of instrument
a)
Identification code A Ordinary Shares - GB00B1YPC344
B Ordinary Shares- unlisted
Awards made under the Fuller, Smith &
b) Nature of the transaction Turner P.L.C. Long Term Incentive Plan 2020
Price Volume
A Ord Share B Ord Share
Shares Price Shares Price
c) Price(s) and volume(s) Annual 12,523 £7.33 31,309 £0.733
LTIP
Recovery 20,873 £7.33 52,182 £0.733
LTIP
Aggregated
As Above
d) information
Aggregated volume As above
Price As Above
e) Date of the transaction 29/09/2021
Outside a trading venue
f) Place of the transaction
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Jane Jones
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 B Ordinary Shares of 4p each
financial instrument, type
of instrument
a)
Identification code A Ordinary Shares - GB00B1YPC344
B Ordinary Shares- unlisted
Awards made under the Fuller, Smith &
b) Nature of the transaction Turner P.L.C. Long Term Incentive Plan 2020
Price Volume
A Ord Share B Ord Share
Shares Price Shares Price
c) Price(s) and volume(s) Annual 10,436 £7.33 26,091 £0.733
LTIP
Recovery 17,394 £7.33 43,485 £0.733
LTIP
Aggregated
As Above
d) information
Aggregated volume As above
Price As Above
e) Date of the transaction 29/09/2021
Outside a trading venue
f) Place of the transaction
══════════════════════════════════════════════════════════════════════════
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.: 123443
EQS News ID: 1237703
End of Announcement EQS News Service
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