17th Aug 2016 17:49
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
| Uwe Krueger | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer / 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
|
Acquisition following the exercise of 12,754 units granted under the terms of the LGU, where the value of each unit is equal to the difference between the Company's six-month average price at exercise and the Company's six-month average share price at grant. The value of any units exercised is delivered in the form of Company shares. The exercise of 12,754 units equated to the acquisition of 5,153 shares.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
5,153
Nil
| ||||
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
|
Disposal of shares to partially fund the tax liability due on exercise of the LGU award.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
1,170
15.18 GBP
| ||||
e)
| Date of the transaction
| 2016-08-15 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Carlie Sawyer
Company Secretariat
(Responsible for releasing this announcement)
2016-08-17
Related Shares:
ATK.L