14th Jun 2019 16:00
14 June 2019
Sanne Group plc
('SANNE' or the 'Company')
Grant of share awards
SANNE, a leading global provider of alternative asset and corporate services, announces that on 13 June 2019 awards over ordinary shares of 0.01p each in the Company were made to certain persons discharging managerial responsibilities ('PDMRs') under the Company's Performance Share Plan, as follows:
Name of PDMR | Number of shares held under award |
James Ireland | 64,336 |
Martin Schnaier | 78,511 |
James Bermingham | 21,809 |
Mark Law | 27,261 |
Jonathan Ferrara | 21,809 |
Jason Bingham | 21,809 |
Sean Murray | 22,304 |
Eric Watson | 14,539 |
Martin Pearson | 27,261 |
Fred Steinberg | 29,027 |
Jing Jing Qian | 12,980 |
Peter Nagle | 11,954 |
No consideration was paid for the grant of the awards which are structured as conditional share awards.
The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company. The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions.
In addition, James Ireland has been awarded 5,588 deferred shares under the Company's 2018 Annual Bonus Plan ('ABP'), also with a grant date of 13 June 2019. As per the rules of the ABP, 50% of any bonus earned is deferred into shares for three years.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | James Ireland | ||
2. | Reason for the notification | |||
(a) | Position/status | Chief Financial Officer and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 64,336 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | James Ireland | ||
2. | Reason for the notification | |||
(a) | Position/status | Chief Financial Officer and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Annual Bonus Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 5,588 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Martin Schnaier | ||
2. | Reason for the notification | |||
(a) | Position/status | Chief Executive Officer and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 78,511 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | James Bermingham | ||
2. | Reason for the notification | |||
(a) | Position/status | General Counsel and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 21,809 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Mark Law | ||
2. | Reason for the notification | |||
(a) | Position/status | Chief Commercial Officer and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 27,261 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Jonathan Ferrara | ||
2. | Reason for the notification | |||
(a) | Position/status | Managing Director, Channel Islands and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 21,809 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Jason Bingham | ||
2. | Reason for the notification | |||
(a) | Position/status | Managing Director, Product Development and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 21,809 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Sean Murray | ||
2. | Reason for the notification | |||
(a) | Position/status | Managing Director, EMEA and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 22,304 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Eric Watson | ||
2. | Reason for the notification | |||
(a) | Position/status | Chief Operating Officer and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 14,539 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Martin Pearson | ||
2. | Reason for the notification | |||
(a) | Position/status | Chief Risk & Compliance Officer and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 27,261 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Fred Steinberg | ||
2. | Reason for the notification | |||
(a) | Position/status | Managing Director, North America and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 29,027 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Jing Jing Qian | ||
2. | Reason for the notification | |||
(a) | Position/status | Managing Director, Asia Pacific and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 12,980 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Peter Nagle | ||
2. | Reason for the notification | |||
(a) | Position/status | Country Head, Mauritius and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Performance Share Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 11,954 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2019-06-13 | ||
(f) | Place of the transaction | Outside a trading venue | ||
Notes:
Enquiries
Sanne Group plc | +44 (0)1534 722 787 |
Ian Portal, Group Company Secretary |
|
About SANNE
SANNE is a leading global provider of alternative asset and corporate services. Established for over 30 years and listed on the Main Market of the London Stock Exchange and a member of the FTSE 250 index, SANNE employs more than 1,400 people worldwide and administers structures and funds that have in excess of £240 billion of assets.
Key clients include alternative asset managers, financial institutions, family offices, ultra-high net-worth individuals and corporates.
SANNE operates from a global network of offices located in leading financial jurisdictions, which are spread across the Americas, Europe, Africa and Asia-Pacific.
www.sannegroup.com
Related Shares:
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