For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211129:nRSc9311Ta&default-theme=true
RNS Number : 9311T Softcat PLC 29 November 2021
For Immediate Release 29 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 26 November 2021. In
November 2018, an Award was made under the Softcat Long Term Incentive Plan
(LTIP) to the PDMR named below. The LTIP award has now vested and has 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 Richard Wyn Griffith
2. Reason for the notification
a) Position / status Managing Director
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, 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
Price(s) Volume(s)
£18.29 5,511
ii. Retention of Shares
Price(s) Volume(s)
£Nil 6,155
d) Aggregated information
Volume N/A
Price
e) Date of the transaction
26 November 2021
f) Place of the transaction London Stock Exchange
ii. Retention of Shares
Price(s) Volume(s)
£Nil 6,155
d)
Aggregated information
Volume
Price
N/A
e)
Date of the transaction
26 November 2021
f)
Place of the transaction
London Stock Exchange
Softcat plc
Luke Thomas, Company Secretary Tel: +44 (0)20 7167 4961
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHKZMZMKLZGMZM