REG - Softcat PLC - Director/PDMR Shareholding

SoftcatAnnouncement

04/12/2024 14:30

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RNS Number : 8407O  Softcat PLC  04 December 2024

 For Immediate Release  4 December 2024

 

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 3 December 2024. In
November 2021, awards were made under the Softcat Annual and Deferred Bonus
Plan (DBP) to the PDMR named below. At the time of the awards, the PDMR was an
executive director of the Company.

The DBP 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 has 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                                     Graeme Watt
 2.  Reason for the notification
 a)  Position / status                        Chairman

 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 21,354 Shares under the Softcat DBP. The DBP award was exercised
                                              as nil-cost options, 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)
                                              DBP           £15.74    10,087

 

                                              ii.     Retention of Shares

Share Scheme  Price(s)  Volume(s)
                                              DBP           £nil      11,267
 d)  Aggregated information

     Volume                                   N/A

     Price

 
 e)  Date of the transaction                   3 December 2024
 f)  Place of the transaction                 London Stock Exchange

 

ii.     Retention of Shares

 Share Scheme  Price(s)  Volume(s)
 DBP           £nil      11,267

d)

Aggregated information

Volume

Price

 

N/A

 

e)

Date of the transaction

 3 December 2024

f)

Place of the transaction

London Stock Exchange

 

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

 Company Secretary

 Softcat plc

 

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