REG - Softcat PLC - Director/PDMR Shareholding

SoftcatAnnouncement

26/11/2018 15:55

RNS Number : 5318I
Softcat PLC
26 November 2018
 


26 November 2018
Softcat plc (the "Company")
 
Notification of Transactions by
Persons Discharging Managerial Responsibilities
 
 
The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to awards of nil-cost options to persons discharging managerial responsibilities ("PDMR") on 21 November 2018 under the Softcat plc Annual and Deferred Bonus Plan ("ABP").  This announcement is made in accordance with Article 19.3 of MAR. 
 
Softcat plc Annual and Deferred Bonus Plan
 
On 21 November 2018, awards under the Company's Annual and Deferred Bonus Plan (the "ABP") were made as set out in the table below.
 
The awards were made as nil-cost options and the number of shares over which each nil-cost option was awarded has been calculated by reference to the average share price over the last 30 days of the Financial Year to which the Bonus Award relates (FY18) (783.27 pence) in accordance with the rules of the ABP.
 
The awards are not subject to the achievement of performance conditions. The normal date of vesting for these nil-cost options will be 21 November 2021 and the last date for exercise will be 20 November 2028, with dividend equivalents payable in respect of the vesting of nil-cost options in accordance with the rules of the ABP.
 
 



1. Name


2. Status


3. No. of Shares subject to ABP award




Graeme Watt


Director/PDMR


6,383




Graham Charlton


Director/PDMR


10,213



 
 
For further information on the ABP, please refer to the Company's Annual Report and Accounts. 
 
 



1.


Details of PDMR / person closely associated with them ("PCA")




a)


Name


Graeme Watt
 




2.


Reason for the notification




a)


Position / status


CEO
 




b)


Initial notification / amendment


Initial Notification
 




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Softcat plc




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
 
Identification Code


Ordinary Shares of £0.0005 each
 
 
ISIN: GB00BYZDVK82




b)


Nature of the transaction


Grant of nil cost option over Ordinary Shares of £0.0005 each under the Softcat plc Annual and Deferred Bonus Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)




0.00


6,383








d)


Aggregated information
Aggregated volume
Price


 
N/A




e)


Date of the transaction


 
2018-11-21




f)


Place of the transaction


 
Outside a trading venue









 
 



1.


Details of PDMR / person closely associated with them ("PCA")




a)


Name


Graham Charlton
 




2.


Reason for the notification




a)


Position / status


CFO
 




b)


Initial notification / amendment


Initial Notification
 




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Softcat plc




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
 
Identification Code


Ordinary Shares of £0.0005 each
 
 
ISIN: GB00BYZDVK82




b)


Nature of the transaction


Grant of nil cost option over Ordinary Shares of £0.0005 each under the Softcat plc Annual and Deferred Bonus Plan
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




0.00


10,213








d)


Aggregated information
Aggregated volume
Price


 
N/A




e)


Date of the transaction


 
2018-11-21




f)


Place of the transaction


 
Outside a trading venue









 
 
 
Softcat plc
26 November 2018
 




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