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Last Trade - 10/07/18

Sector
Technology
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £105.9m
Position in Universe th / 1826

Zoopla Property Grp - Director/PDMR Shareholding

Fri 11th December, 2015 4:32pm
RNS Number : 8696I
Zoopla Property Group PLC
11 December 2015

Zoopla Property Group plc (the "Company")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

11 December 2015

The Company announces that on 9 December 2015, having been approved by the Remuneration Committee, the following Nil Cost Options under the Zoopla Property Group plc Long Term Incentive Plan (the "Plan") have been granted to the following three persons discharging managerial responsibilities ("PDMR"):

PDMR

Position

Nil Cost Options awarded

Stephen Morana

Chief Financial Officer (Group)

171,306

Jon Notley

Commercial Director

(Zoopla)

85,653

Steve Weller

Chief Executive Officer (uSwitch)

85,653

The number of Nil Cost Options awarded has been calculated by reference to the closing market price on 8 December 2015 of 233.5 pence.

These Nil Cost Options will be subject to the rules of the LTIP and will vest depending on performance against Total Shareholder Return ("TSR") and Earnings per Share ("EPS") targets as measured over a three year performance period.

The normal date of vesting for these Nil Cost Options shall be 9 December 2018 and the last date for exercise shall be 9 December 2025, with dividend equivalents payable in respect of these Nil Cost Options in accordance with the rules of the LTIP.

The Company also announces that on 9 December 2015, the following deferred Nil Cost Options under the Zoopla Property Group plc Annual Bonus Plan have been granted to the following three persons discharging managerial responsibilities:

PDMR

Position

Nil Cost Options awarded

Alex Chesterman

Chief Executive Officer (Group)

116,836

Stephen Morana

Chief Financial Officer (Group)

62,312

Jon Notley

Commercial Director

(Zoopla)

22,885

The number of Nil Cost Options awarded has been calculated by reference to the closing market price on 8 December 2015 of 233.5 pence.

The normal date of vesting for these Nil Cost Options shall be 9 December 2018 and the last date for exercise shall be 9 December 2025, with dividend equivalents payable in respect of these Nil Cost Options in accordance with the rules of the Annual Bonus Plan.

Enquiries:

Ned Staple

General Counsel and Company Secretary

Zoopla Property Group Plc

Harlequin Building

65 Southwark Street

London

SE1 0HR


This information is provided by RNS
The company news service from the London Stock Exchange
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