REG-Wincanton Plc: Director/PDMR Shareholding

WincantonAnnouncement

01/08/2023 15:00

01 August 2023

LEI: 213800Z5WTW8QKOHWQ82

 

 

WINCANTON plc (“Wincanton” or the “Company”)

Notification of transactions by Persons Discharging Managerial
Responsibilities ("PDMRs")

 

Long Term Incentive Plan vesting

Wincanton plc, a leading supply chain partner for UK business, provides
notification of the Company’s Long Term Incentive Plan (LTIP) vesting
effected on 31 July 2023 relating to persons discharging managerial duties
(“PDMRs”) and their respective interests in the ordinary shares of nominal
value 10p each in the capital of the Company ("Shares") (ISIN: GB0030329360).

 

The 2020 LTIP has vested at 42.4% based on the partial achievement of the
performance conditions as set out in the 2023 Annual Report and Accounts. 
The nil cost options were granted on 31 July 2020. Details are set out in the
table below:

 

 Name and position of PDMR  Number of Options awarded  Adjustment for achievement of performance conditions  Number of Exercisable Options remaining  
 James Wroath               350,910                    202,125                                               148,785                                  
 Sally Austin               55,044                     31,706                                                23,338                                   
 Lyn Colloff                46,788                     26,950                                                19,838                                   
 Paul Durkin                16,415                     9,456                                                 6,959                                    
 Ian Keilty                 170,639                    98,289                                                72,350                                   

The LTIP Options are now available to exercise at any time until the award’s
10-year expiry date in 2030.  The Award for Mr Wroath is subject to a holding
period, ending on the fifth anniversary of the Award date.

 

Deferred Bonus Share Award vesting

The Company announces the vesting of deferred bonus share awards over Ordinary
10p Shares in the Company, granted on 30 July 2021 under the Company’s Long
Term Incentive Plan 2014 (LTIP) to persons discharging managerial
responsibilities (PDMRs) in respect of bonus due for the financial year ended
31 March 2021.

 

Shares deducted to cover tax were transacted on 31 July 2023.

 PDMR          Total number of shares vested  Shares deducted to cover tax  Shares retained  
 James Wroath  4,542                          2,135                         2,407            

 

Mr Wroath’s total shareholding in the Group is now 33,193 which represents
0.027% of the Company’s issued share capital.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1    Deta ils o f t he p erso n di sc ha rg ing m a n ager i a l res ponsib i li t i e s / p erso n c l ose ly assoc i ated                                                                                                                                                                 
 a)   Na me                                                                                                        James Wroath                                                                                                                                                              
 2    Reaso n f or t he no t i f i cat i on                                                                                                                                                                                                                                                  
 a)   Position/ s tatus                                                                                            Chief Executive Officer                                                                                                                                                   
 b)   I niti a l noti f i ca t i on/Am e ndm e nt                                                                  Initial Notification                                                                                                                                                      
 3    Deta ils o f t he i ss u er , e m is s i o n a llo w a n c e m a r k e t pa rt i c ip a n t , a u ct i on pl at f o r m , a u ct ion ee r o r a u c t ion mo ni tor                                                                                                                    
 a)   Na me                                                                                                        Wincanton plc                                                                                                                                                             
 b)   L E I                                                                                                        213800Z5WTW8QKOHWQ82                                                                                                                                                      
 4    Deta ils o f t he t ra n sact i on (s) : s ect ion t o be re p eate d f or ( i ) e a c h ty pe o f in str u m e n t ; (ii ) eac h typ e o f transa c tion ; (iii ) eac h date ; a n d (iv ) eac h plac e w h er e transactions have b ee n c ondu cte d                                
 a)   Descriptio n o f the f in a n c i a l inst r um e nt, t y pe o f instrument   I d e nti f i ca tion c o d e  Ordinary shares of 10p each     ISIN: GB0030329360                                                                                                                        
 b)   N a tu r e of t h e t ra nsa c tion                                                                          Vesting of 4,542 Ordinary Shares of 10p each.  2,135 Shares deducted to cover tax. Balance retained.                                                                      
 c)   Price(s ) an d volum e (s)                                                                                   Price                                                                                Volume                                                                               
      £2.425                                                                                                                                                                                            2,135                                                                                
 d)   Aggr e g ate d i n formation                                                                                 N/A                                                                                                                                                                       
 e )  D a te of the tr a ns ac tion                                                                                31 July 2023                                                                                                                                                              
 f)   Pl ac e o f the t r ansac tion                                                                               Outside a trading venue                                                                                                                                                   

 

-Ends-

 

About Wincanton 

Wincanton is a leading British supply chain solutions company. The Group
provides business critical services including storage, handling and
distribution; high volume eFulfilment; retailer ‘dark stores’; two-person
home delivery; fleet and transport management; and network optimisation for
many of the UK’s best-known companies. 

It is active across a range of markets including food and consumer goods;
retail and manufacturing; eCommerce; the public sector; major infrastructure;
building materials; fuel; and defence. With almost 100 years’ heritage,
Wincanton's 20,300-strong team operates from 160 sites across the country,
responsible for 7,400 vehicles. 

 

For further information please contact:

Wincanton plc      Tel: +44 1249 710 000

 

Lyn Colloff, Company Secretary

Company.secretary@wincanton.co.uk

 

Headland      Tel: +44 20 3805 4822

Susanna Voyle/ Henry Wallers

E: wincanton@headlandconsultancy.com  



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