REG - Dart Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">DTG.L</Origin>

Jet2Announcement

28/07/2016 16:25

RNS Number : 5744F
Dart Group PLC
28 July 2016
28 July 2016
Dart Group PLC (the "Company")
Director/PDMR Dealing
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Gary Brown
2
Reason for the notification
a)
Position/status
Director, Dart Group Plc
b)
Initial notification/Amendment
This is an initial notification.
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Dart Group Plc
b)
LEI
I72RQ3PNLDPW8R7JIJ56
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
Share award, constituting a right to acquire Ordinary Shares 
Identification code
Award over shares with identification code GB00B1722W11
b)
Nature of the transaction
Grant of deferred awards under the Senior Executive Incentive Plan which has recently been adopted by Dart Group Plc. The deferred awards represent the deferred elements of annual bonuses earned for the financial years ending 31 March 2014 and 31 March 2015, as reported in the Dart Group plc Annual Report and Accounts for each financial year, and for the financial year ending 31 March 2016. 
The deferred awards have a normal vesting date of 6 July 2017, 23 July 2018 and 22 July 2019 respectively. The deferred awards are not subject to performance conditions but are subject to continued employment.
There is no price payable for the grant of the deferred awards, and the deferred awards have an exercise price of 1.25p per Ordinary Share.
c)
Price(s) and volume(s)
Price
Volume
Nil
35,781
Nil
29,735
Nil
15,516
d)
Aggregated information
Price
Volume
Nil
81,032
e)
Date of the transaction
2016-07-26
f)
Place of the transaction
outside a trading venue.

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