16th Apr 2020 16:39
GoCo Group plc
16 April 2020
Grant of awards under the GoCo Group plc
Performance Share Plan and Deferred Bonus Plan
The information contained in this notification is disclosed in accordance with the requirements of the EU Market Abuse Regulation.
On 8 April 2020, GoCo Group plc (the "Company") granted conditional share awards over the number of ordinary shares in the Company of £0.0002 under the Company's 2016 Performance Share Plan and the 2016 Deferred Bonus Plan ("DBP").
No consideration was paid for the grant of the awards under the DBP and no performance conditions are attached to the award. The first third of the shares will vest and become exercisable on the first anniversary of the grant date, 8 April 2021; the second third of the shares will vest and become exercisable on the second anniversary of the grant date, 8 April 2022; and the remaining shares will vest on the third anniversary of the grant date, 8 April 2023.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Matthew Crummack | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| GoCo Group plc | |||
b)
| LEI
| 213800DUUN4C47JEL561 | |||
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 | GoCo Group plc Ordinary shares of £0.0002 each | |||
|
| ||||
Identification code | ISIN: GB00BZ02Q916 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of conditional share awards under the GoCo Group plc 2016 Performance Share Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) per share | Volume(s) |
| |
|
| n/a | 1,478,571 |
| |
|
|
|
|
| |
d) | Aggregated information |
| |||
- Aggregated volume | 1,478,571 | ||||
- Price | n/a | ||||
e)
| Date of the transaction
| 8 April 2020 | |||
f)
| Place of the transaction
| Grant of the award occurred outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Nicholas Wrighton | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| GoCo Group plc | |||
b)
| LEI
| 213800DUUN4C47JEL561 | |||
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 | GoCo Group plc Ordinary shares of £0.0002 each | |||
|
| ||||
Identification code | ISIN: GB00BZ02Q916 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of conditional share awards under the GoCo Group plc 2016 Performance Share Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) per share | Volume(s) |
| |
|
| n/a | 642,857 |
| |
|
|
|
|
| |
d) | Aggregated information |
| |||
- Aggregated volume | 642,857 | ||||
- Price | n/a | ||||
e)
| Date of the transaction
| 8 April 2020 | |||
f)
| Place of the transaction
| Grant of the award occurred outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Matthew Crummack | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| GoCo Group plc | |||
b)
| LEI
| 213800DUUN4C47JEL561 | |||
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 | GoCo Group plc Ordinary shares of £0.0002 each | |||
|
| ||||
Identification code | ISIN: GB00BZ02Q916 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of conditional share awards under the GoCo Group plc 2016 Deferred Bonus Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) per share | Volume(s) |
| |
|
| n/a | 94,017 |
| |
|
|
|
|
| |
d) | Aggregated information |
| |||
- Aggregated volume | 94,017 | ||||
- Price | n/a | ||||
e)
| Date of the transaction
| 8 April 2020 | |||
f)
| Place of the transaction
| Grant of the award occurred outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Nicholas Wrighton | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial Officer | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| GoCo Group plc | |||
b)
| LEI
| 213800DUUN4C47JEL561 | |||
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 | GoCo Group plc Ordinary shares of £0.0002 each | |||
|
| ||||
Identification code | ISIN: GB00BZ02Q916 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of conditional share awards under the GoCo Group plc 2016 Deferred Bonus Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) per share | Volume(s) |
| |
|
| n/a | 34,714 |
| |
|
|
|
|
| |
d) | Aggregated information |
| |||
- Aggregated volume | 34,714 | ||||
- Price | n/a | ||||
e)
| Date of the transaction
| 8 April 2020 | |||
f)
| Place of the transaction
| Grant of the award occurred outside a trading venue | |||
Enquiries: |
|
GoCo Group plc |
Nick Edwards, General Counsel and Company Secretary |
Tel: 01633 654 060
|
Related Shares:
GOCO.L