REG - Quarto Group Inc - PDMR Grant of Share Options <Origin Href="QuoteRef">QRT.L</Origin>

QuartoAnnouncement

15/05/2017 07:40

RNS Number : 0999F
Quarto Group Inc
15 May 2017
The Quarto Group, Inc
("the Company")
PDMR Grant of Share Options
The Quarto Group (LSE: QRT), the leading global illustrated book publisher, announces that on 5 May 2017 it has granted 137,306 options under the Company's existing Performance Share Plan to Persons Discharging Managerial Responsibility ("PDMRs") as listed below. The awards have a vesting date of 28 April 2021.
PDMR
Position
Number of Options granted
David Breuer
Chief Creative Officer
16,635
Anne Crompton
Group Director of Legal & Business Affairs
10,932
Ken Fund
Chief Operating Officer
25,496
Marcus Leaver
Chief Executive officer
70,935
Karine Marko
Group Director of Foreign Rights
13,308
Dorothee de Montgolfier
Group Director of Communications
7,605
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
1
Details of the persons discharging managerial responsibilities / person closely associated
a)
Name
1. David Breuer
2. Anne Crompton
3. Ken Fund
4. Marcus Leaver
5. Karine Marko
6. Dorothee de Montgolfier
2
Reason for the notification
a)
Position/status
Classified as PDMRs of the Company
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
The Quarto Group Inc
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
Common stock of US$0.10 each in the capital of the Company ("Common Stock")
Identification code
US74772E1001
b)
Nature of the transaction
Grant of options over Common Stock
c)
Price(s) and volume(s)
Exercise Prices per share
Volumes
1. Nil Cost Options
2. Nil Cost Options
3. Nil Cost Options
4. Nil Cost Options
5. Nil Cost Options
6. Nil Cost Options
1. 16,635
2. 10,932
3. 25,496
4. 70,935
5. 13,308
6. 7,605
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 137,306
Price: Nil cost options
e)
Date of the transaction
5 May 2017
f)
Place of the transaction
London Stock Exchange (XLON)
For further information, please contact:
 
 The Quarto Group
 Marcus Leaver, CEO
 Dorothe de Montgolfier, Group Director of Communications
 
020 7700 9002
 Bell Pottinger 
 Elly Williamson
020 3772 2573
About The Quarto Group
The Quarto Group (LSE: QRT) is the leading global illustrated book publishing group. Our mission is to make and sell great books that entertain, educate and enrich the lives of adults and children around the world.
Quarto creates and owns proprietary content, publishing books from a diverse portfolio of imprints that are creatively independent and expert in developing long-lasting content across specific niches of interest.
Quarto sells books across 50 countries and in 39 languages through a variety of traditional and non-traditional channels, while constantly looking for new ways to create and deliver content that people need.
Quartoemploys over 400 talented people in the US, UK and Hong Kong. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.
For more information, visitquarto.comor follow us on Twitter at@TheQuartoGroup.

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