REG - Workspace Grp PLC - Director/PDMR Shareholding

WorkspaceAnnouncement

21/07/2020 07:00

RNS Number : 5414T
  
Workspace Group PLC
  
21 July 2020
  
 

21 July 2020
WORKSPACE® GROUP PLC 
DIRECTOR/PDMR SHAREHOLDING
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
Workspace Group PLC  (the "Company") announces that, on 20 July 2020, it was notified that Graham Clemett (a person discharging managerial responsibility for the Company) had disposed of a number of ordinary shares of £1.00 each in the capital of the Company ("Ordinary Shares") in order to satisfy income tax and national insurance liabilities (and associated costs) arising on the vesting of awards under the Workspace Group PLC Long Term Incentive Plan. An announcement detailing the vesting of awards granted under the Workspace Group PLC Long Term Incentive Plan was released on 20 July 2020.
Following the vesting and subsequent sale of sufficient Ordinary Shares to satisfy income tax and national insurance liabilities (and associated costs), Mr Clemett is required to retain the balance of 30,165 Ordinary Shares for two years from 20 July 2020.



1.


Details of PDMR/person closely associated with them ('PCA')




a)


Name


Graham Clemett




  2. 


 Reason for the notification 
 




a)


Position/status


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 


Workspace Group PLC




b)


LEI


2138003GUZRFIN3UT430




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 transaction(s) has been conducted




a)


Description of the financial instrument


Ordinary Shares of 100p ISIN GB00B67G5X01
 
 
 
 
 
 
 
 
 
 
 




b)


Nature of the transaction


Vesting of an award over Ordinary Shares pursuant to the Workspace Group PLC Long Term Incentive Plan 




c)


Price(s) and volume(s)









Price(s)


Volume(s)




1.   


584.51p


27,293



 
 
 




d)


Aggregated information
 


N/A
 
 




e)


Date of the transaction


20 July 2020




f)


Place of the transaction
 


London Stock Exchange, Main Market (XLON)









 


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