REG - Genus - Director/PDMR Shareholding <Origin Href="QuoteRef">GNS.L</Origin>

GenusAnnouncement

23/11/2017 11:00

RNS Number : 3594X
Genus PLC
23 November 2017
23 November 2017
Genus plc
Director/PDMR Shareholding
Genus plc (LSE: GNS) announces that, further to the vesting of conditional nil-cost options on 20 November 2017 under the Genus 2014 Performance Share Plan (the 'PSP') as listed in table A below, a member of the Genus Executive Leadership Team ('GELT') sold ordinary shares in Genus on 22 November 2017 on the London Stock Exchange to offset income tax and social security liabilities due on the exercise and retained the balance of ordinary shares.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of nil-cost options exercised and ordinary shares sold on 22 November 2017.
For further information please contact:
Genus:
Cara Crichton, Deputy Company Secretary  Tel: +44 (0)1256 347100
Table A - GELT 2014 Performance Share Plan Exercise
1. 
Details of the person discharging managerial responsibilities / person closely associated
a. 
Name
Jerry Thompson 
2. 
Reason for the notification
a. 
Position/status
Chief Operating Officer Genus ABS Beef 
b. 
Initial notification
/Amendment
Initial notification
3. 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. 
Name
Genus plc
b. 
LEI
54930022EOITNKSIGH56
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 10p each
GB0002074580
b. 
Nature of the transaction
Exercise of 19,503 nil-cost options under the PSP.
c. 
Price(s) and volume(s)
Price(s)
Volume(s)
0p
19,503
 
d. 
Aggregated information
 Aggregated volume
 Price
Average price(s)
Total volume(s)
0p
19,503
e. 
Date of the transaction
2017-11-22 
f. 
Place of the transaction
London Stock Exchange, Main Market (XLON)
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 10p each
GB0002074580
b.
Nature of the transaction
Sale of 6,847 shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise. The balance of 12,656 shares following the exercise has been retained by Jerry Thompson.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
2,185.64p
6,847
 
d.
Aggregated information
 Aggregated volume
 Price
Aggregated price(s)
Total volume(s)
2,185.64p
6,847
e.
Date of the transaction
2017-11-22 
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)

This information is provided by RNS
The company news service from the London Stock Exchange
  END
DSHUOVRRBNAAUAA