REG - Nanoco Group PLC - Director/PDMR Shareholding

NanocoAnnouncement

18/04/2019 16:55

RNS Number : 6941W
Nanoco Group PLC
18 April 2019
 


18 April 2019
NANOCO GROUP PLC
("Nanoco" or the "Company")
 
NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PDMRs
In accordance with the rules of the Company's 2016 deferred bonus plan, Michael Edelman, CEO of the Company, has exercised 108,181 options over ordinary shares of 10p each in the Company ("Ordinary Shares"), granted in November 2016. In order to cover the associated tax liabilities generated by the exercise of these options, 45,797 of these Ordinary Shares have been sold.
The value of the award and the performance targets achieved that resulted in the award were fully disclosed in the Annual Report and Accounts for the year ended 31 July 2016.
Notification of Dealing Form



1.


Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")




a)


Name


MICHAEL EDELMAN




2.


Reason for the notification




a)


Position /status


CHIEF EXECUTIVE OFFICER




b)


Initial notification / amendment


INITIAL NOTIFICATION




3.


Details of the Issuer




a)


Name


NANOCO GROUP PLC




b)


LEI code


213800HOSJEZO1KOCV33




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)


Type of instrument:

Identification code


ORDINARY SHARES OF 1O PENCE EACH




ISIN: GB00B01JLR99




b)


Nature of the transaction


Exercise of options over ordinary shares of 10p each in the Company




c)


Price(s) and volume(s)





Price (s)


Volume (s)




Nil cost
 


108,181








d)


Aggregated information:





Aggregated Price


Aggregated Volume


Aggregated Total




N/A


N/A


N/A








e)


Date of the transaction


18 April 2019




f)


Place of the transaction


LONDON STOCK EXCHANGE



 



1.


Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")




a)


Name


MICHAEL EDELMAN




2.


Reason for the notification




a)


Position /status


CHIEF EXECUTIVE OFFICER




b)


Initial notification / amendment


INITIAL NOTIFICATION




3.


Details of the Issuer




a)


Name


NANOCO GROUP PLC




b)


LEI code


213800HOSJEZO1KOCV33




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)


Type of instrument:

Identification code


ORDINARY SHARES OF 1O PENCE EACH




ISIN: GB00B01JLR99




b)


Nature of the transaction


Sale of ordinary shares of 10p each in the Company ("Ordinary Shares") to cover associated tax liabilities in connection with the exercise of options over Ordinary Shares




c)


Price(s) and volume(s)





Price (s)


Volume (s)




53.5p
 


45,797








d)


Aggregated information:





Aggregated Price


Aggregated Volume


Aggregated Total




N/A


N/A


N/A








e)


Date of the transaction


18 April 2019




f)


Place of the transaction


LONDON STOCK EXCHANGE



 




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