31st Aug 2016 13:37
Notification and public disclosure of transactions by persons discharging managerial responsibilities
The attached individual notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to the exercise of an award granted under the terms of the WS Atkins plc Long-term Growth Unit Plan ("LGU") on behalf of a person discharging managerial responsibilities ("PDMR"). This announcement is made in accordance with article 19.3 of MAR.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jeffrey Scott Herriman | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Corporate Development Director / PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification
| ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| WS Atkins plc | ||||
b)
| LEI
| N/A | ||||
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 0.5 pence each
GB0000608009
| ||||
b)
| Nature of the transaction
|
Following the application of a scaleback factor, 2,625 units (market-value options with an 6.67 GBP exercise price) were exercised under the terms of the LGU.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
2,625
6.67 GBP
| ||||
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 0.5 pence each
GB0000608009
| ||||
b)
| Nature of the transaction
|
1,167 shares withheld based on share price on exercise (net settlement) to cover the total exercise cost of 17,508.75 GBP (2,625 x 6.67 GBP).
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
1,167
15.01 GBP
| ||||
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 0.5 pence each
GB0000608009 | ||||
b)
| Nature of the transaction
|
An additional 482 shares sold to meet the tax liability due on the exercise of the LGU units.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
482
15.05 GBP
| ||||
e)
| Date of the transaction
| 2016-08-26 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Guy Holden
Company Secretariat
(Responsible for releasing this announcement)
2016-08-31
Related Shares:
ATK.L