10th Mar 2020 15:46
10 March 2020
Director / PDMR Shareholding
The following announcement and notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
Deferred Stock Plan - Share Award Grant
The following conditional share awards over Signature Aviation plc ordinary shares of 3717/84 pence each were made on 10 March 2020 to the directors listed below under the Company's Deferred Stock Plan.
Number of shares subject to conditional award
| |
Mark Johnstone (Group Chief Executive) | 355,121 |
David Crook (Group Finance Director) | 186,893 |
The conditional share awards are subject to forfeiture if the directors leave within three years of the awards. The awards are also subject to an additional holding period of 2 years from the date on which the awards vest.
Long-Term Incentive Plan - Share Award Grant
The following conditional share awards over Signature Aviation plc ordinary shares of 3717/84 pence each were made on 10 March 2020 to the directors listed below under the Company's Long-Term Incentive Plan.
Number of shares subject to conditional award
| |
Mark Johnstone (Group Chief Executive) | 461,365 |
David Crook (Group Finance Director) | 248,518 |
The conditional share awards are subject to the achievement of performance conditions and if they vest will be released at nil cost in accordance with the Plan Rules. The awards are also subject to an additional holding period of 2 years from the date on which the awards vest.
The forms required under the EU Market Abuse Regulation follow.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Mark Johnstone |
2 | Reason for the notification | |
a) | Position/status | Group Chief Executive |
b) | Initial Notification / Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Signature Aviation plc |
b) | LEI | 2138001T2QEV5RXMFI32
|
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 and Identification code | Conditional awards over Ordinary Shares ISIN: GB00BKDM7X41 |
b) | Nature of transaction | Conditional share awards made under the Company's Deferred Stock Plan and Long-Term Incentive Plan |
c) | Price(s) and volume(s) | Award over 355,121 conditional shares under the Deferred Stock Plan |
Award over 461,365 conditional shares under the Long-Term Incentive Plan | ||
d) | Aggregated information: Volume, Price | |
e) | Date of the transaction | 10 March 2020 |
f) | Place of the transaction | Grant of share awards occurred outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | David Crook |
2 | Reason for the notification | |
a) | Position/status | Group Finance Director |
b) | Initial Notification / Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Signature Aviation plc |
b) | LEI | 2138001T2QEV5RXMFI32
|
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 and Identification code | Conditional awards over Ordinary Shares ISIN: GB00BKDM7X41 |
b) | Nature of transaction | Conditional share awards made under the Company's Deferred Stock Plan and Long-Term Incentive Plan |
c) | Price(s) and volume(s) | Award over 186,893 conditional shares under the Deferred Stock Plan |
Award over 248,518 conditional shares under the Long-Term Incentive Plan | ||
d) | Aggregated information: Volume, Price | |
e) | Date of the transaction | 10 March 2020 |
f) | Place of the transaction | Grant of share awards occurred outside a trading venue |
Related Shares:
SIG.L