REG - ScS Group plc - Grant of Awards
RNS Number : 0847EScS Group PLC15 October 2018
15 October 2018
ScS Group plc
Grant of Awards
ScS Group plc (the "Company") announces that on 15 October 2018 (the "Award Date") it granted nil-cost options (the "Awards") over ordinary shares of 0.1 pence in the Company (the "Shares") to nine PDMRs under the ScS Group plc Long-Term Incentive Plan, details of which are set out below:
Name
Number of Shares under Award
David Knight
206200
Chris Muir
161726
John Pattison
67386
Marie Liston
50540
Paul Burke
47170
Gary Kemp
42116
Simon Nicholson
33693
Elaine Ray
33693
Mark Sherburn
30324
No payment was required for the grant of the Awards.
The Awards will ordinarily become exercisable on the third anniversary of the date of grant and remain exercisable up to and including the tenth anniversary of the date of grant, subject to the grantee's continued service and to the extent that the performance target applicable to the Awards has been met. The awards are subject to a two-year hold period which will end on the fifth anniversary of the date of grant. Details of the performance target will be set out in the 2018 Annual Report.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the grant of Awards:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Knight
2
Reason for Notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two- year hold period, and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
206200
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Chris Muir
2
Reason for Notification
a)
Position/status
Chief Financial Officer
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two-year hold period and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
161726
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
John Pattison
2
Reason for Notification
a)
Position/status
Commercial Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two-year hold period and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
67386
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Marie Liston
2
Reason for Notification
a)
Position/status
Corporate Services Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two-year hold period and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
50540
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Burke
2
Reason for Notification
a)
Position/status
Sales Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two-year hold period and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
47170
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gary Kemp
2
Reason for Notification
a)
Position/status
Logistics Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two-year hold period and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
42116
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Simon Nicholson
2
Reason for Notification
a)
Position/status
ScS Buying Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two-year hold period and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
33693
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Elaine Ray
2
Reason for Notification
a)
Position/status
Business Development Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two-year hold period and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
33693
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark Sherburn
2
Reason for Notification
a)
Position/status
Human Resources Director
b)
Initial notification/Amendment
Initial Announcement
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ScS Group plc
b)
LEI
213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc
GB00BRF0TJ56
b)
Nature of the transaction
Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service, a two-year hold period and to the extent to which the performance targets are met.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
30324
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 October 2018
f)
Place of the transaction
Outside a trading venue
Enquiries:
ScS Group PLC
David Knight, Chief Executive Officer
Chris Muir, Chief Financial Officer
c/o Buchanan +44 (0)20 7466 5000
Buchanan
Richard Oldworth
Madeleine Seacombe
Tilly Abraham
Tel: +44 (0)20 7466 5000
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