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Director/PDMR Shareholding

16th Mar 2021 16:14

RNS Number : 4642S
Signature Aviation plc
16 March 2021
 

16 March 2021

 

 

Director / PDMR Shareholding

 

The following announcement and notification is made in accordance with Article 19 of the EU Market Abuse Regulation.

 

Deferred Stock Plan

1 Mark Johnstone (Group Chief Executive) received a conditional share award on 13 March 2018 under the Company's Deferred Stock Plan. The forfeiture provision attached to the conditional share award lifted on 13 March 2021.

 

35,920 conditional award shares, being the number of shares net of applicable tax, were released at nil cost to Mr Johnstone today in accordance with the Plan Rules. 

 

2 David Crook (Group Finance Director), received a conditional share award on 13 March 2018 under the Company's Deferred Stock Plan. The forfeiture provision attached to the share awards lifted on 13 March 2021.

 

38,369 conditional award shares, being the number of shares net of applicable tax, were released at nil cost to Mr Crook today in accordance with the Plan Rules. 

 

 

Total Beneficial Holdings

Mr Johnstone's total beneficial holding including those of his connected persons following the transactions set out above is 407,743 shares.

 

Mr Crook's total beneficial holding including those of his connected persons following the transactions set out above is 166,002 shares.

 

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 

Ordinary Shares

ISIN: GB00BKDM7X41

b)

Nature of transaction

Vesting of 35,920 net of tax conditional award shares granted under the Deferred Stock Plan.

 

c)

Price(s) and volume(s)

 

35,920 shares acquired under the Deferred Stock Plan at nil cost

d)

Aggregated information: Volume, Price 

Aggregated volume: 35,920

 

Price: Nil

 

e)

Date of the transaction

16 March 2021

f)

Place of the transaction

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

Chief 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 

Ordinary Shares

ISIN: GB00BKDM7X41

b)

Nature of transaction

Vesting of 38,369 net of tax conditional award shares granted under the Deferred Stock Plan

 

c)

Price(s) and volume(s)

38,369 shares acquired under the Deferred Stock Plan at nil cost

d)

Aggregated information: Volume, Price 

Aggregated volume: 38,369

 

Price: Nil

 

 

e)

Date of the transaction

16 March 2021

f)

Place of the transaction

Outside a trading venue

 

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