REG - Future PLC - Director/PDMR Shareholding

FutureAnnouncement

01/06/2020 15:00

RNS Number : 5817O
  
Future PLC
  
01 June 2020
  
 

The attached individual notification made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the issuance of an award under the terms of the Future plc Performance Share Plan ("PSP").  This announcement is made in accordance with article 19.3 of MAR.
 
The PSP Award will vest three years from the date of grant, at no cost to the participant, in accordance with the rules of the PSP provided that the participant remains in employment of the Group at the vesting date and subject to performance targets having been met. Vesting of the PSP Award is subject to both EPS and Absolute TSR performance conditions. The number of shares shown below represents the potential maximum if all the performance conditions are achieved in full.  
 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Rachel Addison




2


Reason for the notification




a)


Position/status


Chief Financial Officer




b)


Initial notification /Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Future plc




b)


LEI
 


213800K2581YRLEXV353




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 15p each
 
GB00BYZN9041 




b)


Nature of the transaction


Grant of share awards under the PSP.  Subject to achievement of performance conditions, the award will vest on 31 May 2023.




c)
 


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


17,222








d)
 


Aggregated information
 
- Aggregated volume
 
- Price


 
 
 
17,222
 
Nil 




e)


Date of the transaction


1 June 2020




f)


Place of the transaction


Outside a trading venue



 
 
Tim Maw
Company Secretary 
(Responsible for releasing this announcement)
1 June 2020


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