REG - Dart Group PLC - Director/PDMR Shareholding

Jet2Announcement

23/07/2019 10:35

RNS Number : 4273G
Dart Group PLC
23 July 2019
 





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


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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 of 1.25p each




Identification code


GB00B1722W11




b)


Nature of the transaction


Grant of a deferred award on 18 July 2019 under the Senior Executive Incentive Plan.
The deferred award represents the deferred element of the bonus earned for the financial year ended 31 March 2019.
The deferred award has a normal vesting date of 17 July 2022.
The deferred award is not subject to performance conditions but it is subject to continued employment.
There is no price payable for the grant of the deferred award, and the deferred awards have an exercise price of 1.25p per share.




c)


Price(s) and volume(s)





Price


Volume




Nil


17,216








d)


Aggregated information


N/A - single transaction




e)


Date of the transaction


   2019-07-18




f)


Place of the transaction


XOFF



 




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