REG - MJ Gleeson Plc - Performance Share Plan Award to Directors <Origin Href="QuoteRef">GLEG.L</Origin>
RNS Number : 6213RMJ Gleeson PLC12 December 201612 December 2016
MJ Gleeson plc ("Gleeson" or the "Company")
Performance Share Plan award to Directors/PDMRs
On 12 December 2016, the Company announces that on 12 December 2016, under the Company's Long Term Incentive Plan (the "Plan"), Jolyon Harrison and Stefan Allanson, Chief Executive Officer and Chief Financial Officer respectively, have been awarded the following share options totalling 276,315 Ordinary shares of 2p each in the Company ("Performance Shares").
PDMR
Number of shares granted
Jolyon Harrison (Chief Executive Officer)
210,526
Stefan Allanson (Chief Financial Officer)
65,789
No consideration was paid for the grant of these conditional awards.
These awards will vest on 30 June 2019, subject to achievement of performance conditions.
These awards were granted pursuant to the MJ Gleeson plc Long Term Incentive Plan approved by shareholders in December 2016.
The notification below, made in accordance with the requirements of DTR 3.1 and Article 19 of The Market Abuse provide further detail.
Enquiries:
MJ Gleeson plc
Stefan Allanson, Chief Financial Officer
Tel: 01142 612 900
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jolyon Harrison
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
MJ Gleeson plc
b)
LEI
N/A
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 2 pence each
GB00BRKD9Z53
b)
Nature of the transaction
Grant of Options over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
210,526
d)
Aggregated information
- Aggregated volume
- Price
210,526 Ordinary Shares
Nil
e)
Date of the transaction
12 December 2016
f)
Place of the transaction
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Stefan Allanson
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
MJ Gleeson plc
b)
LEI
N/A
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 2 pence each
GB00BRKD9Z53
b)
Nature of the transaction
Grant of Options over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
65,789
d)
Aggregated information
- Aggregated volume
- Price
65,789 Ordinary Shares
Nil
e)
Date of the transaction
12 December 2016
f)
Place of the transaction
Off market
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHQLLFFQLFEFBQ
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