28th Jul 2017 15:48
FULLER SMITH & TURNER PLC - Director/PDMR ShareholdingFULLER SMITH & TURNER PLC - Director/PDMR Shareholding
PR Newswire
London, July 28
Fuller, Smith & Turner P.L.C. (“Fullers” or the “Company”)
Directors’ interests in Ordinary Shares of the Company
The Company would like to advise that there was an error in today’s earlier announcement regarding the LTIP release. An amended announcement is set out below, with the corrections shown in bold:
The Company announces that on 27th July 2017, the Trustees of its Long-Term Incentive Plan (“LTIP”) made a release of shares to Directors in accordance with the LTIP (grant number 17), which includes listed “A” ordinary shares of 40p each, unquoted “B” ordinary shares of 4p each and “C” ordinary shares of 40p each.
To facilitate the financing of the resultant tax liability arising on the release of these awards, the Trustees have also sold in the market on behalf of each Director a proportion of the ‘A’ ordinary shares being released. The award price was £9.65 per “A” ordinary share. The shares were sold today at £10.35 per share. As shown in the table below, some of the participants have also requested that the Trustees sell further shares on their behalf. These shares were also sold at £10.35 per share.
| DIRECTOR | 40p A ordinary shares sold for tax & NI | 40p A ordinary shares released to participant | Additional 40p A ordinary shares sold on behalf of participant | 4p B ordinary shares released to participant | C ordinary shares of 40p each released to participant |
| Simon Emeny | 20,682 | 6,226 | 7,200 | 87,772 | 1,000 |
| James Douglas | 15,001 | 0 | 9,532 | 63,834 | 1,000 |
| Richard Fuller | 6,867 | 0 | 5,033 | 29,751 | 0 |
| Jonathon Swaine | 8,053 | 4,625 | 0 | 34,196 | 1,000 |
28 July 2017
Enquiries:
Séverine Garnham
Company Secretary
020 8996 2073
Related Shares:
Fuller Smith & Turner