REG - Softcat PLC - Director/PDMR Shareholding

SoftcatAnnouncement

26/11/2021 12:50

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RNS Number : 7676T  Softcat PLC  26 November 2021

 For Immediate Release  26 November 2021

 

Softcat plc

 

("Softcat", the "Company")

 

Notification of Transactions by

Persons Discharging Managerial Responsibilities and Persons Closely
Associated with them

 

The following notification is made under article 19.1 of the Market Abuse
Regulation ("MAR") and relates to the exercise of nil-cost options by persons
discharging managerial responsibilities ("PDMR") on 24 November 2021. In
November 2018, awards were made under the Softcat Long Term Incentive Plan
(LTIP) and under the Softcat Annual and Deferred Bonus Plan (DBP) to the PDMR
named below. Both the LTIP and DBP have now vested and have been exercised by
the PDMR. A sufficient portion of the Ordinary Shares ("Shares") has been sold
to cover the PDMR's tax liabilities which have arisen as a result of the
exercise. The remaining Shares have been retained by the PDMR.

 

 1.  Details of PDMR / person closely associated with them ("PCA")
 a)  Name                                     Graham Charlton
 2.  Reason for the notification
 a)  Position / status                        Chief Financial Officer

 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                                                                                213800N42YZLR9GLVC42
 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  Ordinary Shares of £0.0005 each

     Identification Code                      ISIN: GB00BYZDVK82
 b)  Nature of the transaction                Exercise of nil-cost options under the Softcat plc LTIP and DBP, with a sale
                                              of sufficient Shares to cover the PDMR's liabilities in respect of income tax
                                              and national insurance contributions. The Shares resulting from the exercise
                                              were treated as follows:

                                              i.    sale of Shares; and

                                              ii.    retention of Shares.
 c)  Price(s) and volume(s)                   i.      Sale of Shares

Share Scheme  Price(s)  Volume(s)
                                              LTIP          £18.51    23,619
                                              DBP           £18.51    4,825

 

                                              ii.     Retention of Shares

Share Scheme  Price(s)  Volume(s)
                                              LTIP          £nil      26,381
                                              DBP           £nil      5,388
 d)  Aggregated information

     Volume                                   N/A

     Price

 
 e)  Date of the transaction

                                              24 November 2021
 f)  Place of the transaction                 London Stock Exchange

 

ii.     Retention of Shares

 Share Scheme  Price(s)  Volume(s)
 LTIP          £nil      26,381
 DBP           £nil      5,388

d)

Aggregated information

Volume

Price

 

N/A

 

e)

Date of the transaction

 

24 November 2021

f)

Place of the transaction

London Stock Exchange

 

 Luke Thomas                      Tel: +44 (0)20 7167 4961

 Company Secretary

 Softcat plc

 

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