REG - RELX PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">REL.L</Origin>
RNS Number : 3606SRELX PLC16 March 2016ISSUED ON BEHALF OF RELX PLC AND RELX NV
16 March 2016
Director/PDMR Shareholdings
RELX PLC and RELX NV announce the following transactions in their securities by the Directors and PDMRs identified in the tables below:
1. RELX Group plc LTIP (Long-Term Incentive Plan 2013)
On 15 March 2016, the performance shares set out below were granted in accordance with the LTIP rules.
No. of RELX PLC performance ordinary shares awarded
No. of RELX NV performance ordinary shares awarded
Date of vesting of performance shares
Director
Erik Engstrom
112,690
119,312
2019
Nick Luff
53,087
56,207
2019
PDMR
Ian Fraser
26,180
27,718
2019
Henry Udow
28,584
30,264
2019
Vesting of these awards is subject to achievement of performance conditions.
2. RELX Group plc BIP (Bonus Investment Plan 2010)
On 15 March 2016, the conditional matching share awards set out below were granted in accordance with the BIP rules.
No. of RELX PLC
conditional matching ordinary shares awarded
No. of RELX NV
conditional matching ordinary shares awarded
No. of RELX NV
conditional matching ADRs awarded
Date of vesting of conditional matching shares/ADRs
Director
Erik Engstrom
-
-
94,965
2019
Nick Luff
26,543
28,103
-
2019
PDMR
Ian Fraser
18,124
19,189
-
2019
Henry Udow
-
-
41,692
2019
Note: Each RELX NV ADR represents one RELX NV ordinary share.
Vesting of these awards is subject to achievement of performance conditions.
3. RELX Group plc ESOS (Executive Share Option Scheme 2013)
On 15 March 2016, the market price options and conditional share awards set out below were granted in accordance with the ESOS rules.
No. of RELX PLC ordinary shares under option granted with an exercise price of 12.55 per share
No. of RELX NV ordinary shares under option
granted with an exercise price of 15.285per share
No. of RELX PLC conditional ordinary shares awarded
No. of RELX NV conditional ordinary shares awarded
Director
Erik Engstrom
112,690
119,312
-
-
Nick Luff
53,087
56,207
-
-
PDMR
Ian Fraser
10,069
10,661
2,013
2,132
Henry Udow
10,994
11,640
2,198
2,328
Note: The options are exercisable between 2019 and 2026, and the conditional share awards vest in 2019.
Vesting of options awarded to Directors is subject to achievement of performance conditions.
The conditional share awards under ESOS were granted pursuant to elections by these PDMRs to receive half of their 2016 ESOS award in the form of conditional shares.
- ENDS -
Enquiries
Paul Abrahams (Media)
+44 20 7166 5724
Colin Tennant (Investors)+44 20 7166 5751
This information is provided by RNSThe company news service from the London Stock ExchangeENDRDSLLFITVVIRLIR
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