REG - Informa PLC - Director/PDMR Shareholding
RNS Number : 6367AInforma PLC02 June 2021
Informa LEI: 5493006VM2LKUPSEDU20
Informa PLC Press Release
2 June 2021
Director/PDMR Shareholding
London: Informa ("the Company"), makes the following notification under article 19(1) of the Market Abuse Regulation ("MAR"), relating to certain transactions by a Person Discharging Managerial Responsibilities in the shares or rights to shares of the Company.
This announcement is made in accordance with Article 19(3) of MAR.
1
Details of the persons discharging managerial responsibilities / person closely associated
a)
Name(s)
(1) Stephen A Carter
(2) Gareth Wright
(3) Patrick Martell
2
Reason for the notification
a)
Position/status
(1) Group Chief Executive
(2) Group Finance Director
(3) Group Chief Operating Officer
b)
Initial notification / Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Informa PLC
b)
LEI
5493006VM2LKUPSEDU20
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 0.1 pence each
GB00BMJ6DW54
b)
Nature of the transaction
Vesting of options relating to the 2018 Accelerated Integration Plan LTIP award. This Award was separate to the standard 2018 LTIP Award, with targets specifically relating to the combination with UBM plc, namely the post-tax Return on Invested Capital ("ROIC") and Cost Synergies achieved.
The options that are vesting relate to the Cost Synergies element of the Award. The performance period for the ROIC element runs to 31 December 2021 and no options are expected to vest.
The options are exercisable until 29 May 2028 (for Stephen A. Carter and Gareth Wright) and 16 April 2028 (for Patrick Martell).
The options granted to Stephen A. Carter and Gareth Wright are subject to an additional two-year hold period following vesting. During this period, the shares may only be disposed to meet tax and other regulatory obligations.
c)
Price(s) and volume(s)
Price
Volume
1. Par Value
68,765
2. Par Value
29,406
3. Par Value
80,717
d)
Aggregated information
N/A
e)
Date of the transaction
2 June 2021
f)
Place of the transaction
Outside a trading venue
Enquiries
Informa PLC
Heledd Hanscomb, Deputy Company Secretary
+44 (0)20 7017 5000
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