De La Rue plc
�
Director/PDMR Shareholding
Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them
27 June 2018
De La Rue plc (the "Company") announces the following changes in the interests of Directors and �Persons Discharging Managerial Responsibilities (PDMRs) in ordinary shares of 44 152/175p �("Shares") in the capital of the Company.
De La Rue Performance Share Plan ("PSP")
On 26 June 2018, in accordance with the PSP the Directors and PDMRs listed in the table below were awarded an interest in Shares following the grant of an award of Nil Cost Options over the Company's Shares. The number of Shares awarded was calculated by reference to a price of �5.51, being the average of the Company's middle market closing price for a Share for the five consecutive dealing days commencing on 19 June �2018.
Sixty per cent of the award will vest on 26 June 2021 and the remaining forty per cent will vest on �������26 June 2022, subject to continued employment with De La Rue and the achievement of a number of performance conditions. The number of Shares shown below represents the maximum that may be acquired if all performance conditions are achieved in full. The Company may also transfer additional Shares to reflect the value of dividends that would have been paid over the period between the Award Date and the Vesting Date on the Shares that vest.
|
Name |
Director/ PDMR |
Shares awarded |
|
Martin Sutherland |
Director/PDMR |
88,929 |
|
Jo Easton |
PDMR |
39,019 |
|
Bryan Gray |
PDMR |
53,539 |
|
Richard Hird |
PDMR |
49,001 |
|
Ed Peppiatt |
PDMR |
42,286 |
|
Selva Selvaratnam |
PDMR |
53,357 |
�
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
�
Ed Peppiatt, Company Secretary
Contact Number: 01256 605343
27 June 2018
�
De La Rue plc's LEI code is 213800DH741LZWIJXP78.
�
|
1 � |
Details of the person discharging managerial responsibilities / person closely associated � |
|||||
|
a) � |
Name � |
Martin Sutherland � |
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|
2 � |
Reason for the notification � |
|||||
|
a) � |
Position/status � |
Executive Director/Chief Executive Officer |
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|
b) � |
Initial notification /Amendment � |
Initial Notification |
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|
3 � |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor � |
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|
a) � |
Name � |
De La Rue plc |
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|
b) � |
LEI � |
213800DH741LZWIJXP78 |
||||
|
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 � |
|||||
|
a) � |
Description of the financial instrument, type of instrument � Identification code � |
Ordinary shares of 44 152/175p � � GB00B3DGH821 |
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|
b) � |
Nature of the transaction � � |
Award of 88,929 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 26 June 2021 and the remaining forty per cent will vest on 26 June 2022, subject to continued employment and the achievement of performance conditions. |
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|
c) � |
Price(s) and volume(s) � � |
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
N/A
|
||||
|
e)
|
Date of the transaction
|
26 June 2018 |
||||
|
f)
|
Place of the transaction
|
London, outside a trading venue |
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|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Jo Easton
|
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Group Director of Human Resources |
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|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
De La Rue plc |
||||
|
b)
|
LEI
|
213800DH741LZWIJXP78 |
||||
|
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
|
|||||
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 44 152/175p
GB00B3DGH821 |
||||
|
b)
|
Nature of the transaction
|
Award of 39,019 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 26 June 2021 and the remaining forty per cent will vest on 26 June 2022, subject to continued employment and the achievement of performance conditions. |
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|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
N/A
|
||||
|
e)
|
Date of the transaction
|
26 June 2018 |
||||
|
f)
|
Place of the transaction
|
London, outside a trading venue |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Bryan Gray
|
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Operating Officer |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
De La Rue plc |
||||
|
b)
|
LEI
|
213800DH741LZWIJXP78 |
||||
|
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
|
|||||
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 44 152/175p
GB00B3DGH821 |
||||
|
b)
|
Nature of the transaction
|
Award of 53,539 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 26 June 2021 and the remaining forty per cent will vest on 26 June 2022, subject to continued employment and the achievement of performance conditions. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
N/A
|
||||
|
e)
|
Date of the transaction
|
26 June 2018 |
||||
|
f)
|
Place of the transaction
|
London, outside a trading venue |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Richard Hird
|
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Commercial Officer |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
De La Rue plc |
||||
|
b)
|
LEI
|
213800DH741LZWIJXP78 |
||||
|
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
|
|||||
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 44 152/175p
GB00B3DGH821 |
||||
|
b)
|
Nature of the transaction
|
Award of 49,001 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 26 June 2021 and the remaining forty per cent will vest on 26 June 2022, subject to continued employment and the achievement of performance conditions. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
N/A
|
||||
|
e)
|
Date of the transaction
|
26 June 2018 |
||||
|
f)
|
Place of the transaction
|
London, outside a trading venue |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Ed Peppiatt |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
General Counsel and Company Secretary |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
De La Rue plc |
||||
|
b)
|
LEI
|
213800DH741LZWIJXP78 |
||||
|
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
|
|||||
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 44 152/175p
GB00B3DGH821 |
||||
|
b)
|
Nature of the transaction
|
Award of 42,286 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 26 June 2021 and the remaining forty per cent will vest on 26 June 2022, subject to continued employment and the achievement of performance conditions. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
N/A
|
||||
|
e)
|
Date of the transaction
|
26 June 2018 |
||||
|
f)
|
Place of the transaction
|
London, outside a trading venue |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Selva Selvaratnam |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Technology Officer |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
De La Rue plc |
||||
|
b)
|
LEI
|
213800DH741LZWIJXP78 |
||||
|
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
|
|||||
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 44 152/175p
GB00B3DGH821 |
||||
|
b)
|
Nature of the transaction
|
Award of 53,357 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 26 June 2021 and the remaining forty per cent will vest on 26 June 2022, subject to continued employment and the achievement of performance conditions. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
- Aggregated total |
N/A
|
||||
|
e)
|
Date of the transaction
|
26 June 2018 |
||||
|
f)
|
Place of the transaction
|
London, outside a trading venue |
||||