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Director/PDMR Shareholding

13th Dec 2019 18:20

RNS Number : 8994W
Countryside Properties PLC
13 December 2019
 

13 December 2019

 

 

Countryside Properties PLC (the "Company")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

 

 

The Company has been notified that the following PDMRs were granted awards (in the form of conditional share awards or nil cost options) in the ordinary shares of £0.01 each in the Company ("Shares") on 12 December 2019 under the Countryside Properties PLC Long Term Incentive Plan ("LTIP Awards"). The number of Shares subject to the LTIP Awards has been determined by reference to the average of the middle market prices of a Share on 9, 10 and 11 December 2019 of £4.3080 per Share. The LTIP Awards will vest on 12 December 2022, subject to the rules of the Countryside Properties PLC Long Term Incentive Plan and to the extent that the prescribed Performance Targets have been satisfied.

 

 

PDMR

No. of Shares

Michael Scott

162,488

Ian Kelley

121,866

Phillip Lyons

116,643

Nicholas Worrall

55,710

Gary Whitaker

54,549

 

Note: A separate announcement will be made in January 2020 for the LTIP Award to be granted to Iain McPherson following his appointment as Group Chief Executive.

 

The Notification of Dealing Forms for each PDMR can be found below.

 

This notification is made in accordance with the requirements of the Market Abuse Regulation.

 

 

Enquiries

 

Gary Whitaker

Company Secretary

[email protected]

 

 

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Scott

2

Reason for the notification

a)

Position/Status

Group Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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 £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Acceptance of a nil cost option of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

Nil

162,488

d)

Aggregated information

 

- Aggregated volume

 

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

Nil

162,488

Nil

e)

Date of the transaction

2019-12-12

f)

Place of the transaction

Outside of trading venue

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ian Kelley

2

Reason for the notification

a)

Position/Status

Divisional 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

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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 £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Acceptance of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

Nil

121,866

d)

Aggregated information

 

- Aggregated volume

 

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

Nil

121,866

Nil

e)

Date of the transaction

2019-12-12

f)

Place of the transaction

Outside of trading venue

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Phillip Lyons

2

Reason for the notification

a)

Position/Status

Divisional 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

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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 £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Acceptance of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

Nil

116,643

d)

Aggregated information

 

- Aggregated volume

 

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

Nil

116,643

Nil

e)

Date of the transaction

2019-12-12

f)

Place of the transaction

Outside of trading venue

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nicholas Worrall

2

Reason for the notification

a)

Position/Status

Group HR Director

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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 £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Acceptance of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

Nil

55,710

d)

Aggregated information

 

- Aggregated volume

 

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

Nil

55,710

Nil

e)

Date of the transaction

2019-12-12

f)

Place of the transaction

Outside of trading venue

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gary Whitaker

2

Reason for the notification

a)

Position/Status

Company Secretary

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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 £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Acceptance of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

Nil

54,549

d)

Aggregated information

 

- Aggregated volume

 

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

Nil

54,549

Nil

e)

Date of the transaction

2019-12-12

f)

Place of the transaction

Outside of trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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