REG - Informa PLC - Share option exercise and sale to cover

InformaAnnouncement

29/03/2023 17:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230329:nRSc6716Ua&default-theme=true

RNS Number : 6716U  Informa PLC  29 March 2023

Informa PLC Press Release

29 March 2023

 

Share option exercise and sale to cover

Directors Dealings

Informa (LSE: INF.L), the international Academic Markets, B2B Markets and
Digital Services Group today confirmed recent share option exercise and sale
to cover transactions by Executive Directors.

Following the publication of Informa's 2022 Annual Results, two of our
Executive Directors (Group Finance Director, Gareth Wright and Chief Operating
Officer, Patrick Martell) have exercised Long-Term Incentive Plan awards and,
in the case of Gareth Wright, Deferred Share Bonus Plan awards.

Both Executive Directors sold shares to specifically cover the cost and income
tax liabilities that become payable on the exercise of these share plans. The
net remaining shares have been retained.

The notifications that follow are disclosed in accordance with Article 19 of
the EU Market Abuse Regulation.

 Enquiries
 Heledd Hanscomb, Deputy Company Secretary  +44 (0)20 8052 0400

 

Notes

Following these transactions, Gareth Wright and Patrick Martell retain the
following interests in the Company:

·      Gareth Wright - 438,832 ordinary shares and 356,449 options

·      Patrick Martell - 250,346 ordinary shares and 288,777 options

 

 

 

 1   Details of the persons discharging managerial responsibilities / person
     closely associated
 a)  Name(s)                                                        Gareth Wright
 2   Reason for the notification
 a)  Position/status                                                Group Finance Director

 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  Ordinary shares of 0.1 pence each

     Identification code

                                                                  GB00BMJ6DW54

 b)  Nature of the transaction                                    A.  Exercise of Long-Term Incentive Plan awards

                                                                  B.  Exercise of Deferred Share Bonus Plan awards

                                                                  C.  Sale of ordinary shares of 0.1p each to settle tax, national insurance
                                                                  contributions and dealing fees arising from the exercise

 c)  Price(s) and volume(s)                                       Price                                    Volume

     A £0.001                                                                                              139,708
     B £0.00                                                                                               3,923
     C £6.688821                                                                                             68,433

 d)  Aggregated information                                       n/a
 e)  Date of the transaction                                       27 March 2023
 f)  Place of the transaction                                     A and B - Outside a trading venue

                                                                  C - London Stock Exchange

 1   Details of the persons discharging managerial responsibilities / person
     closely associated
 a)  Name(s)                                                        Patrick Martell
 2   Reason for the notification
 a)  Position/status                                                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  Ordinary shares of 0.1 pence each

     Identification code

                                                                  GB00BMJ6DW54

 b)  Nature of the transaction                                    A.  Exercise of Long-Term Incentive Plan awards

                                                                  B.  Sale of ordinary shares of 0.1p each to settle tax, national insurance
                                                                  contributions and dealing fees arising from the exercise

 c)  Price(s) and volume(s)                                       Price                                    Volume

     A £0.001                                                                                              149,028
     B £6.671776                                                                                             71,005

 d)  Aggregated information                                       n/a
 e)  Date of the transaction                                       27 March 2022

 f)  Place of the transaction                                     A - Outside a trading venue

                                                                  B - London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHJLMATMTATBTJ