LEI: 2138008M6MH9OZ6U2T68
COMPASS GROUP PLC
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
Compass Group PLC (the "Company") announces the following changes in the interests of a Director of the Company and Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 11 1/20 pence each in the share capital of the Company ("Shares").
The Compass Group PLC Long Term Incentive Plan 2018 (the 'Plan') - Deferred Bonus Share Award
On 12 December 2019, a deferred bonus share award ("Award") of 6,784 Shares was made under the Plan to Karen Witts, Group Chief Financial Officer and an Executive Director of the Company. The Award represents one third of Mrs Witts' annual bonus for the financial year ending 30 September 2019 and was calculated with reference to the mid-market quotation for Shares on 11 December 2019. The Award will vest on the third anniversary of the grant, being 12 December 2022, subject to Mrs Witts remaining employed by the Company on vesting or being considered a good leaver under the rules of the Plan. Dividends paid by the Company between the date of grant and vesting of the Award will accrue and be released as Shares at vesting. No post vesting holding period applies to the Award.
The following notification has been made to the Financial Conduct Authority in accordance with the requirements of the EU Market Abuse Regulation in respect of the above:
| NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Karen Witts | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Director | ||||
| b) | Initial notification/ | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Compass Group PLC | ||||
| b) | LEI | 2138008M6MH9OZ6U2T68 | ||||
| 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 11 1/20 pence each in Compass Group PLC
GB00BD6K4575 | ||||
| b) | Nature of the transaction | Long Term Incentive Plan - Deferred Bonus Award | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information -Aggregated volume -Price |
6,784 GBP 0.00 | ||||
| e) | Date of the transaction | 12 December 2019 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
ENDS
Enquiries:
Compass Group PLC
+44 (0)1932 573000
Investors/Analysts: Alison Yapp, Group General Counsel & Company Secretary
Kate Postans, Interim Investor Relations and Corporate Affairs Director
Note to Editors: Compass Group PLC is the world's leading food service company, which generated annual revenues of £25.2 billion in the year to 30 September 2019. It operates in around 45 countries, employs and engages around 600,000 people and serves over 5.5 billion meals a year. The Company specialises in providing food and a range of support services across the core sectors of Business & Industry, Healthcare & Seniors, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.