REG - Workspace Grp PLC - Director/PDMR Shareholding

WorkspaceAnnouncement

24/06/2021 12:40

RNS Number : 0368D
  
Workspace Group PLC
  
24 June 2021
  
 

24 June 2021
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 24 June 2021, it was notified that each of Graham Clemett and Dave Benson, (each a person discharging managerial responsibility for the Company), (the "PDMRs") had received a conditional award over Ordinary Shares under  the Workspace Group Long Term Incentive Plan (the "LTIP"). 
Under the rules of the LTIP, the Company's Remuneration Committee has a discretion to reduce vesting if the extent to which the performance conditions are satisfied is inconsistent with the overall performance of the business, including in circumstances where there would be a significant disparity between the vesting outcome and the underlying performance of the business. 




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


Granting 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.   


Nil consideration


117,043




 
 
 




d)


Aggregated information
 


N/A
 
 




e)


Date of the transaction


24 June 2021




f)


Place of the transaction
 


London Stock Exchange, Main Market (XLON)



 
 
 
 



 
 




1.


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




a)


Name


Dave Benson




  2. 


 Reason for the notification 
 




a)


Position/status


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 


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


Granting 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.   


Nil consideration


80,541




 
 
 




d)


Aggregated information
 


N/A
 
 




e)


Date of the transaction


24 June 2021




f)


Place of the transaction
 


London Stock Exchange, Main Market (XLON)



 
 
 
 



 

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