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Director/PDMR Shareholding

18th Dec 2020 15:41

RNS Number : 2242J

Shaftesbury PLC

18 December 2020

Shaftesbury PLC (the "Company")

Director/PDMR shareholding

The following transactions were undertaken on 17 December 2020 by directors of the Company in the Deferred Annual Share Bonus Scheme ("DASBS") and Long Term Incentive Plan ("LTIP"):

1. Exercise of awards under the DASBS

Following the vesting of the DASBS awards granted in December 2017, the directors sold sufficient shares to meet income tax and national insurance liabilities and retained the balance.

Name	Number of shares vesting in 2017 DASBS	Number of shares sold	Number of shares retained
Brian Bickell	41,944	18,941	23,003
Simon Quayle	29,618	13,970	15,648
Tom Welton	29,618	13,970	15,648
Chris Ward	29,276	13,808	15,468

The ordinary shares were sold at an average price of 5.5012 pence per share.

2. Exercise of awards under the 2015 LTIP

The 2015 LTIP awards made to directors vested on the third anniversary of their grant (3 December 2018) and were subject to a two year post-vesting holding period.

The 2015 LTIP awards were exercised on 17 December 2020 with all directors selling sufficient shares to meet income tax and national insurance liabilities, and retained the balance.

Name	Number of shares vesting in 2015 LTIP	Number of shares sold	Number of shares retained
Brian Bickell	15,265	6,894	8,371
Simon Quayle	10,765	5,077	5,688
Tom Welton	10,765	5,077	5,688
Chris Ward	10,528	4,966	5,562

The ordinary shares were sold at an average price of 5.5012 pence per share.

Full details on the DASBS and LTIP schemes may be found in the Company's Annual Reports.

3. Vesting of awards under the 2017 LTIP

The vesting of LTIP awards made in 2017 are measured on a three-year performance period which ended on 30 September 2020. TSR and NAV were below the relevant benchmark, resulting in zero vesting.

Full details on the LTIP scheme may be found in the Company's Annual Report.

4. Resulting Executive Directors Shareholdings

Following these transactions, the executive directors resulting shareholding in the Company is as follows:

Name	Number of shares held
Brian Bickell*	1,336,539
Simon Quayle	1,154,139
Tom Welton*	942,007
Chris Ward*	223,471

* Indicates holding inclusive of a person closely associated.

Desna Martin

Company Secretary

18 December 2020

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Brian Bickell
2	Reason for the notification
a)	Position/status	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	Shaftesbury PLC
b)	LEI	213800N7LHKFNTDKAT98
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	Ordinary shares 25p

	Identification code	GB0007990962

b)	Nature of the transaction	Release of shares under the Company's Deferred Annual Share Bonus Scheme ("DASBS") and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				23,003

d)	Aggregated information

	- Aggregated volume	23,003

	- Price	N/A

e)	Date of the transaction	17 December 2020
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Quayle
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Shaftesbury PLC
b)	LEI	213800N7LHKFNTDKAT98
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	Ordinary shares 25p

	Identification code	GB0007990962

b)	Nature of the transaction	Release of shares under the Company's Deferred Annual Share Bonus Scheme ("DASBS") and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				15,648

d)	Aggregated information

	- Aggregated volume	15,648

	- Price	N/A

e)	Date of the transaction	17 December 2020
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tom Welton
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Shaftesbury PLC
b)	LEI	213800N7LHKFNTDKAT98
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	Ordinary shares 25p

	Identification code	GB0007990962

b)	Nature of the transaction	Release of shares under the Company's Deferred Annual Share Bonus Scheme ("DASBS") and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				15,648

d)	Aggregated information

	- Aggregated volume	15,648

	- Price	N/A

e)	Date of the transaction	17 December 2020
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Ward
2	Reason for the notification
a)	Position/status	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	Shaftesbury PLC
b)	LEI	213800N7LHKFNTDKAT98
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	Ordinary shares 25p

	Identification code	GB0007990962

b)	Nature of the transaction	Release of shares under the Company's Deferred Annual Share Bonus Scheme ("DASBS") and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				15,468

d)	Aggregated information

	- Aggregated volume	15,468

	- Price	N/A

e)	Date of the transaction	17 December 2020
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Brian Bickell
2	Reason for the notification
a)	Position/status	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	Shaftesbury PLC
b)	LEI	213800N7LHKFNTDKAT98
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	Ordinary shares 25p

	Identification code	GB0007990962

b)	Nature of the transaction	Release of shares under the Company's Long Term Incentive Plan, and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				8,371

d)	Aggregated information

	- Aggregated volume	8,371

	- Price	N/A

e)	Date of the transaction	17 December 2020
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Quayle
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Shaftesbury PLC
b)	LEI	213800N7LHKFNTDKAT98
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	Ordinary shares 25p

	Identification code	GB0007990962

b)	Nature of the transaction	Release of shares under the Company's Long Term Incentive Plan, and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				5,688

d)	Aggregated information

	- Aggregated volume	5,688

	- Price	N/A

e)	Date of the transaction	17 December 2020
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tom Welton
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Shaftesbury PLC
b)	LEI	213800N7LHKFNTDKAT98
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	Ordinary shares 25p

	Identification code	GB0007990962

b)	Nature of the transaction	Release of shares under the Company's Long Term Incentive Plan, and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				5,688

d)	Aggregated information

	- Aggregated volume	5,688

	- Price	N/A

e)	Date of the transaction	17 December 2020
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Ward
2	Reason for the notification
a)	Position/status	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	Shaftesbury PLC
b)	LEI	213800N7LHKFNTDKAT98
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	Ordinary shares 25p

	Identification code	GB0007990962

b)	Nature of the transaction	Release of shares under the Company's Long Term Incentive Plan, and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				5,562

d)	Aggregated information

	- Aggregated volume	5,562

	- Price	N/A

e)	Date of the transaction	17 December 2020
f)	Place of the transaction	London Stock Exchange

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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