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REG - ScS Group plc - Grant of Awards





 




RNS Number : 0847E
ScS Group PLC
15 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

scs@buchanan.uk.com

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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