26th Jun 2018 12:23
26 June 2018
ContourGlobal plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
On 25 June 2018, the following deferred bonus award over ordinary shares of 1 pence in ContourGlobal plc ("Shares") was granted under the ContourGlobal plc Long Term Incentive Plan to the following person discharging managerial responsibilities:
PDMR | No. of shares under Award | Type of Award |
Joseph C. Brandt | 55,241 | Deferred Bonus Award |
The award is structured as a conditional award of shares and will ordinarily vest on 4 April 2020. The deferred bonus award was granted in respect of a deferral of twenty percent of the bonus amount determined for Mr. Brandt for the 2017 bonus year.
Details of the full notifications received by the Company are set out below.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Joseph C. Brandt | ||||
2 | Reason for Notification | |||||
a) | Position/status | President and Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ContourGlobal plc | ||||
b) | LEI | 5493002I3A4J5TFOR115 | ||||
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 1 pence each in ContourGlobal plc GB00BF448H58 | ||||
b) | Nature of the transaction | Grant of a deferred bonus award under the ContourGlobal plc Long Term Incentive Plan. The award is structured as a conditional award of shares and will ordinarily vest on 4 April 2020. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 25 June 2018 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
Investor Relations - ContourGlobal plc
Gregory Johnson
Tel: +44 207 355 7321
Media - Brunswick
Charles Pretzlik/Simon Maine
Tel: +44 (0) 207 404 5959
Related Shares:
GLO.L