LEI: 2138008M6MH9OZ6U2T68
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
COMPASS GROUP PLC: DIRECTOR/PDMR SHAREHOLDINGS
Compass Group PLC (the "Company") announces the following changes in the interests of Directors and Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 11 1/20 pence each in the share capital of the Company ("Shares").
Long Term Incentive Plan 2016-17 Award Release
Following satisfaction of the corporate performance conditions in the three years ended 30 September 2019, on 26 November 2019, awards made under The Compass Group Long Term Incentive Plan 2010 ("LTIP 2010") in respect of the 2016/17 financial year subject to Total Shareholder Return, Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions) as made to Executive Committee members as at the date of grant, vested at 100%, and those awards subject to Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions), as made to leadership team members as at the date of grant, vested at 100%. The following Shares were released and issued on 28 November 2019:
| Name | Director / PDMR | Shares awarded | Shares vested | Shares sold3 | Shares retained |
| Dominic Blakemore | Director | 96,5281 | 96,528 | 46,469 | 50,0594 |
| Gary Green | Director | 137,2711 | 137,271 | 62,849 | 74,4224 |
| Robin Mills | PDMR | 28,2781 | 28,278 | 13,619 | 14,659 |
| Sandra Moura | PDMR | 17,7991 | 17,799 | 8,574 | 9,225 |
| Venkatesh Shantaram | PDMR | 11,3782 | 11,378 | 5,483 | 5,895 |
| Mark van Dyck | PDMR | 48,6961 | 48,696 | 23,448 | 25,248 |
1 LTIP 2010 awards subject to Total Shareholder Return, Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions).
2 LTIP 2010 awards subject to Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions).
3 Shares sold on 28 November 2019 at £18.748194 per Share in order to realise funds to settle resultant tax and social security liabilities arising from such issue.
4 Shares subject to a two year post vest holding period.
Resultant Shareholdings
Following the transactions detailed above, the total interests in Shares for the Directors and PDMRs noted above are as shown below:
| Name | Number of Shares | Percentage of Issued Share Capital (excl. Treasury Shares) |
| Dominic Blakemore | 247,521 | 0.0156 |
| Gary Green | 265,804 | 0.0168 |
| Robin Mills | 37,524 | 0.0024 |
| Sandra Moura | 33,027 | 0.0021 |
| Venkatesh Shantaram | 16,095 | 0.0010 |
| Mark van Dyck | 81,762 | 0.0052 |
The following notifications have 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 | Dominic Blakemore | ||||||
| 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 ("Shares")
GB00BD6K4575 | ||||||
| b) | Nature of the transaction | Acquisition of 96,528 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 46,469 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information Aggregated volume Price Total |
46,469 GBP 18.748194 GBP 871,209.83 | ||||||
| e) | Date of the transaction | 28 November 2019 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market - XLON | ||||||
| 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 | Gary Green | ||||||
| 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 ("Shares")
GB00BD6K4575 | ||||||
| b) | Nature of the transaction | Acquisition of 137,271 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 62,849 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information Aggregated volume Price Total |
62,849 GBP 18.748194 GBP 1,178,305.24 | ||||||
| e) | Date of the transaction | 28 November 2019 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market - XLON | ||||||
| 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 | Robin Mills | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | PDMR | ||||||
| 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 ("Shares")
GB00BD6K4575 | ||||||
| b) | Nature of the transaction | Acquisition of 28,278 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 13,619 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information Aggregated volume Price Total |
13,619 GBP 18.748194 GBP 255,331.65 | ||||||
| e) | Date of the transaction | 28 November 2019 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market - XLON | ||||||
| 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 | Sandra Moura | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | PDMR | ||||||
| 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 ("Shares")
GB00BD6K4575 | ||||||
| b) | Nature of the transaction | Acquisition of 17,799 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 8,574 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information Aggregated volume Price Total |
8,574 GBP 18.748194 GBP 160,747.02 | ||||||
| e) | Date of the transaction | 28 November 2019 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market - XLON | ||||||
| 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 | Venkatesh Shantaram | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | PDMR | ||||||
| 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 ("Shares")
GB00BD6K4575 | ||||||
| b) | Nature of the transaction | Acquisition of 11,378 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 5,483 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information Aggregated volume Price Total |
5,483 GBP 18.748194 GBP 102,796.35 | ||||||
| e) | Date of the transaction | 28 November 2019 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market - XLON | ||||||
| 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 | Mark van Dyck | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | PDMR | ||||||
| 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 ("Shares")
GB00BD6K4575 | ||||||
| b) | Nature of the transaction | Acquisition of 48,696 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 23,448 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information Aggregated volume Price Total |
23,448 GBP 18.748194 GBP 439,607.65 | ||||||
| e) | Date of the transaction | 28 November 2019 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market - XLON | ||||||
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.