REG-Fuller, Smith & Turner PLC Fuller, Smith & Turner PLC: DSH-Director/PDMR Shareholding*
06/07/2022 18:30
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Fuller, Smith & Turner PLC (FSTA)
Fuller, Smith & Turner PLC: DSH-Director/PDMR Shareholding*
06-Jul-2022 / 18:23 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 5 July 2022:
i. 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 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 4 July 2022, being £5.986 for ‘A’
Ordinary Shares and £0.5986 (notionally) for ‘B’ Ordinary Shares.
Vesting of these awards is subject to the fulfilment of certain
performance conditions over the three-year period ending FY2025 (as
detailed in the 2022 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.
ii. Options were granted under the Company’s Executive Share Option Scheme
2018 (”ESOS”) to Executive Directors and PDMRs as set out in the
notifications below. The options are granted over 40p ’A’ Ordinary
Shares and the option price is based on the closing price as at 4 July
2022, being £6.00. The options will vest on their third anniversary of
grant, provided the participant is still an employee and subject to
the achievement of certain performance criteria, and thereafter
options will remain exercisable until their tenth anniversary.
Enquiries:
Rachel Spencer
Company Secretary
020 8996 2073
Notes to Editors:
Fuller, Smith & Turner PLC 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 207 managed businesses, with 1,030
boutique bedrooms, and 178 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 16 iconic Ale & Pie pubs,
seven stunning hotels in the Cotswolds, and Bel & The Dragon – seven
exquisite country inns located in the Home Counties (with an eighth due to
open imminently). 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 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 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 87,754 £5.986 219,386 £0.5986
Aggregated
As Above
d) information
Aggregated volume As above
Price As Above
e) Date of the transaction 05/07/2022
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
Awards made under the Fuller, Smith &
Turner P.L.C. Long Term Incentive Plan 2020
b) Nature of the transaction and under the Fuller, Smith & Turner P.L.C.
Executive Share Option Scheme 2018
Price Volume
‘A’ Ord Share ‘B’ Ord Share
c) Price(s) and volume(s) Shares Price Shares Price
LTIP 48,513 £5.986 121,282 £0.5986
ESOS 5,000 £6.00 - -
Aggregated information
As Above
d)
Aggregated volume As Above
Price As Above
e) Date of the transaction 05/07/2022
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 &
Turner P.L.C. Long Term Incentive Plan 2020
b) Nature of the transaction and under the Fuller, Smith & Turner P.L.C.
Executive Share Option Scheme 2018
Price Volume
‘A’ Ord Share ‘B’ Ord Share
c) Price(s) and volume(s) Shares Price Shares Price
LTIP 35,081 £5.986 87,704 £0.5986
ESOS 834 £6.00 - -
Aggregated information
As Above
d)
Aggregated volume As Above
Price As Above
e) Date of the transaction 05/07/2022
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 15,836 £5.986 39,592 £0.5986
Aggregated
As Above
d) information
Aggregated volume As above
Price As Above
e) Date of the transaction 05/07/2022
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 &
Turner P.L.C. Long Term Incentive Plan 2020
b) Nature of the transaction and under the Fuller, Smith & Turner P.L.C.
Executive Share Option Scheme 2018
Price Volume
‘A’ Ord Share ‘B’ Ord Share
c) Price(s) and volume(s) Shares Price Shares Price
LTIP 17,039 £5.986 42,599 £0.5986
ESOS 4,167 £6.00 - -
Aggregated
As Above
d) information
Aggregated volume As above
Price As Above
e) Date of the transaction 05/07/2022
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 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 13,150 £5.986 32,876 £0.5986
Aggregated
As Above
d) information
Aggregated volume As above
Price As Above
e) Date of the transaction 05/07/2022
Outside a trading venue
f) Place of the transaction
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ISIN: GB00B1YPC344
Category Code: DSH
TIDM: FSTA
LEI Code: 213800C7ACOFMRCQQW76
Sequence No.: 173103
EQS News ID: 1392449
End of Announcement EQS News Service
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