REG - TP ICAP PLC - Director/PDMR Shareholding

TP IcapAnnouncement

24/06/2020 10:35

RNS Number : 9408Q
  
TP ICAP PLC
  
24 June 2020
  
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') or persons closely associated with them
TP ICAP plc (the "Company") hereby announces that on 22 June 2020 the following notifications were received relating to the vesting of awards granted on 22 June 2017 over ordinary shares of 25p each of the Company (the "Company Shares") under the rules of the TP ICAP plc 2016 Deferred Bonus Plan (the "Plan").
Following the vesting, a total of 71,217 Company Shares were released by the TP ICAP plc Employee Benefit Trust to the PDMRs named in the table below, who then elected to sell a number of shares to settle the tax liabilities arising upon the vesting of the awards. The table sets out the number of Company Shares released to each PDMR, the number subsequently sold, and the number retained.  




PDMR


Title


Company Shares Released


Company Shares sold to discharge tax liabilities


Sale price per Company Share (£)


Company Shares Retained




Nicolas Breteau


Chief Executive
Officer


37,703


17,721


3.5341


19,982




Philip Price


Group General Counsel


24,088


11,322


3.5341


12,766




Robin Stewart


Chief Financial Officer


9,426


4,431


3.5341


4,995




 
 
For further enquiries, please contact Richard Cordeschi, Group Company Secretary, on +44 (0)7580 851 104.
 
The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Nicolas Breteau




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Executive Director and Chief Executive Officer




b) 
 


Initial notification /Amendment 
 
 


Initial notification




3 
 


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




a) 
 


Name 
 
 


TP ICAP plc




b) 
 


LEI 
 
 


5493009UWRK48KKUD358




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 
 
 




Transaction 1




a) 
 


Description of the financial instrument, type of instrument 
 
Identification code 
 
 


 
Ordinary shares of 25p each
 
GB00B1H0DZ51




b) 
 


Nature of the transaction 
 
 


Transfer of ordinary shares of 25p each in TP ICAP plc from the TP ICAP plc Employee Benefit Trust to the PDMR following the vesting of the TP ICAP plc 2016 Deferred Bonus Plan award 
 




c) 
 


Price(s) and volume(s) 
 
 


 




Price(s)


Volume(s)




£nil


37,703




 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
 
 
37,703
 
£nil
 




e) 
 


Date of the transaction 
 
 


22/06/2020




f) 
 


Place of the transaction 
 
 


Outside a trading venue




Transaction 2




a) 
 


Description of the financial instrument, type of instrument 
 
Identification code 
 
 


 
Ordinary shares of 25p each
 
GB00B1H0DZ51




b) 
 


Nature of the transaction 
 
 


Sale of ordinary shares of 25p each in TP ICAP plc to meet tax liabilities arising from the vesting of the TP ICAP plc 2016 Deferred Bonus Plan award 




c) 
 


Price(s) and volume(s) 
 
 


 




Price(s)


Volume(s)




£3.5341


17,721




 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
 
17,721
 
 
£3.5341
 




e) 
 


Date of the transaction 
 
 


22/06/2020




f) 
 


Place of the transaction 
 
 


London Stock Exchange




 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Philip Price




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Executive Director and Group General Counsel




b) 
 


Initial notification /Amendment 
 
 


Initial notification




3 
 


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




a) 
 


Name 
 
 


TP ICAP plc




b) 
 


LEI 
 
 


5493009UWRK48KKUD358




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 
 
 




Transaction 1




a) 
 


Description of the financial instrument, type of instrument 
 
Identification code 
 
 


 
Ordinary shares of 25p each
 
GB00B1H0DZ51




b) 
 


Nature of the transaction 
 
 


Transfer of ordinary shares of 25p each in TP ICAP plc from the TP ICAP plc Employee Benefit Trust to the PDMR following the vesting of the TP ICAP plc 2016 Deferred Bonus Plan award 
 
 




c) 
 


Price(s) and volume(s) 
 
 


 




Price(s)


Volume(s)




£nil


24,088




 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
 
24,088
 
 
£nil
 




e) 
 


Date of the transaction 
 
 


22/06/2020




f) 
 


Place of the transaction 
 
 


Outside a trading venue




Transaction 2




a) 
 


Description of the financial instrument, type of instrument 
 
Identification code 
 
 


 
Ordinary shares of 25p each
 
GB00B1H0DZ51




b) 
 


Nature of the transaction 
 
 


Sale of ordinary shares of 25p each in TP ICAP plc to meet tax liabilities arising from the vesting of the TP ICAP plc 2016 Deferred Bonus Plan award




c) 
 


Price(s) and volume(s) 
 
 


 




Price(s)


Volume(s)




£3.5341


11,322




 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
 
11,322
 
 
£3.5341 




e) 
 


Date of the transaction 
 
 


22/06/2020




f) 
 


Place of the transaction 
 
 


London Stock Exchange




 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Robin Stewart




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Executive Director and 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 
 
 


TP ICAP plc




b) 
 


LEI 
 
 


5493009UWRK48KKUD358




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 
 
 




Transaction 1




a) 
 


Description of the financial instrument, type of instrument 
 
Identification code 
 
 


 
Ordinary shares of 25p each
 
GB00B1H0DZ51




b) 
 


Nature of the transaction 
 
 


Transfer of ordinary shares of 25p each in TP ICAP plc from the TP ICAP plc Employee Benefit Trust to the PDMR following the vesting of the TP ICAP plc 2016 Deferred Bonus Plan award 
 
 




c) 
 


Price(s) and volume(s) 
 
 


 




Price(s)


Volume(s)




£nil


9,426




 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
 
9,426
 
 
£nil
 




e) 
 


Date of the transaction 
 
 


22/06/2020




f) 
 


Place of the transaction 
 
 


Outside a trading venue




Transaction 2




a) 
 


Description of the financial instrument, type of instrument 
 
Identification code 
 
 


 
Ordinary shares of 25p each
 
GB00B1H0DZ51




b) 
 


Nature of the transaction 
 
 


Sale of ordinary shares of 25p each in TP ICAP plc to meet tax liabilities arising from the vesting of the TP ICAP plc 2016 Deferred Bonus Plan award




c) 
 


Price(s) and volume(s) 
 
 


 




Price(s)


Volume(s)




£3.5341


4,431




 




d) 
 


Aggregated information 
 
- Aggregated volume 
 
 
- Price 
 
 


 
 
4,431
 
 
£3.5341
 




e) 
 


Date of the transaction 
 
 


22/06/2020




f) 
 


Place of the transaction 
 
 


London Stock Exchange




 


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