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03 August 2018
S & U plc ("S&U" or "the Company")
Director/PDMR Shareholding
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The Company has today granted shadow share options in respect of 12,000 ordinary shares of 12.5p each in S & U to a Director of the Company under the Company's 2010 Long Term Incentive Plan ("LTIP").�
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These LTIP shadow share option awards were included in the Remuneration Policy and Annual Remuneration Report approved by shareholders at the Company's AGM in May 2018.
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The earliest date the awards will vest is on 1 August 2021 all at an exercise price of 12.5p each.�The vesting of the awards is subject to the Director remaining in employment with the Company until August 2020 and meeting specified performance targets.
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The award is as follows:
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Name of Director � |
Number of ordinary shares under shadow LTIP option awarded |
Total number of shares over which options or shadow options held under LTIP following notification |
Number of ordinary shares owned outright |
|
JG Thompson |
12,000 |
102,000 |
Nil |
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�The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
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1 � |
Details of the person discharging managerial responsibilities / person closely associated |
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a) � |
Name |
John Guy Thompson |
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2 � |
Reason for the notification |
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a) � |
Position/status � |
Director |
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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 |
S&U PLC |
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b) � |
LEI |
213800QZ1X2A7J64SQ31 |
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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 |
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a) � |
Description of the financial instrument, type of instrument � Identification code |
Shadow share options over Ordinary shares of 12.5p each � ISIN:����� GB0007655037 � |
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b) � |
Nature of the transaction � |
Grant of shadow share options in respect of 12,000 ordinary shares under the Company's 2010 Long Term Incentive Share Scheme |
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c) � |
Price(s) and volume(s) � |
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d) � |
Aggregated information � - Aggregated volume � - Price � |
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� � � |
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e) � |
Date of the transaction � |
3 August 2018 |
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f) � |
Place of the transaction |
Off market transaction |
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For further information, please contact:
S&U plc � www.suplc.co.uk ��
Enquiries:
|
Anthony Coombs |
S&U plc |
c/o Newgate Communications |
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Financial Public Relations Bob Huxford, James Ash, Imogen Humphreys ����������������������� |
Newgate Communications������ |
020 7653 9848 � |
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Broker Adrian Trimmings, Rishi Shah |
Peel Hunt LLP |
020 7418 8900 |
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