REG - Superdry PLC - Director/PDMR Shareholding

SuperdryAnnouncement

03/06/2019 12:30

RNS Number : 9594A
Superdry PLC
03 June 2019
 


SuperdryPlc
 ("the Company")
 
3 June 2019
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")
 
Share Awards ("Awards")
 
On 6 July 2018 the Company made Awards in relation to 45,539 ordinary shares of 5 pence each ("Ordinary Shares") in the capital of the Company in favour of Ed Barker.
 
The Awards were made in accordance with the terms which the Company had offered Ed in order to recruit him. 
 
Of the 45,539 shares awarded, 14,012 shares vested on 31 May 2019.
 
In relation to the 14,012 shares which vested on 31 May 2019, Ed subsequently sold, on the same day, the number of Ordinary Shares set out in the respective columns in the table immediately below.  The proceeds of the sale were used to settle the income tax, national insurance liability and dealing charges incurred as a result of the Awards vesting.
 







Number of Ordinary Shares




Name / PDMR


Restricted Shares Vested


Sold at £4.598345 per share


Retained Shares




Ed Barker


14,012


6,606


7,406



 
The PDMR notified the Company of the above transactions on 3 June 2019.
 
The Company makes this announcement, including the notification(s) below, in accordance with the requirements of the EU Market Abuse Regulation.
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Ed Barker
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


Initial notification




3
 


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




a)
 


Name
 


Superdry Plc




b)
 


LEI
 


213800GAQMT2WL7BW361




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 5 pence each
 
 
 
ISIN: GB00B60BD277
 




b)
 


Nature of the transaction
 
 


(i) Vesting of Restricted Share Award and (ii) subsequent sale of shares (at £4.598345 per share) to settle income tax, national insurance liability and dealing charges.
 
 




c)
 


Price(s) and volume(s)
 
 


 



Price(s)
 


Volume(s)




 
(i) £4.598345
(i) £4.598345
                


 
(i) 14,012
(ii) 6,606
 
 








d)
 


Aggregated information
 
 





Price(s)
 


Aggregated volume (s)




 
(i) £64,432.01
(ii) £30,376.67
 
 


 
(i) 14,012
(ii) 6,606
 
 
 



 
 




e)
 


Date of the transaction
 


31 May 2019




f)
 


Place of the transaction
 


London Stock Exchange (XLON)



 



 
 
For further information:
 








Superdry Plc








Simon Callander
Group General Counsel and Company Secretary


+44 (0) 1242 586643



 




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.
 
END
 
 
DSHUGUAPQUPBGGW