30th Sep 2019 10:25
30 September 2019
Director / PDMR Shareholding
The following announcement and notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
Savings Related Share Option Scheme - Grant of Options
The following options over BBA Aviation plc ordinary shares of 2916/21 pence each were granted on 27 September 2019 to the directors listed below under the Company's Savings Related Share Option Scheme.
Number of Options
| |
Mark Johnstone (Group Chief Executive) | 3,501 |
David Crook (Group Finance Director) | 7,003 |
The options were granted at an option price of £2.57 per share. In accordance with the Scheme Rules these options will become exercisable from 1 December 2022.
The forms required under the EU Market Abuse Regulation follow.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Mark Johnstone |
2 | Reason for the notification | |
a) | Position/status | Group Chief Executive |
b) | Initial Notification / Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | BBA Aviation plc |
b) | LEI | 2138001T2QEV5RXMFI32
|
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 and Identification code | Ordinary Shares ISIN: GB00B1FP8915 |
b) | Nature of transaction | Grant of share options under the Company's Savings Related Share Option Scheme |
c) | Price(s) and volume(s) | 3,501 shares at £2.57 per share |
d) | Aggregated information: Volume, Price | |
e) | Date of the transaction | 27 September 2019 |
f) | Place of the transaction | Grant of share options occurred outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | David Crook |
2 | Reason for the notification | |
a) | Position/status | Group Finance Director |
b) | Initial Notification / Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | BBA Aviation plc |
b) | LEI | 2138001T2QEV5RXMFI32
|
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 and Identification code | Ordinary Shares ISIN: GB00B1FP8915 |
b) | Nature of transaction | Grant of share options under the Company's Savings Related Share Option Scheme |
c) | Price(s) and volume(s) | 7,003 shares at £2.57 per share |
d) | Aggregated information: Volume, Price | |
e) | Date of the transaction | 27 September 2019 |
f) | Place of the transaction | Grant of share options occurred outside a trading venue |
Related Shares:
SIG.L