8th Nov 2016 15:55
08 November 2016
Zoopla Property Group Plc
(the "Company")
Director/PDMR Shareholding Notification in accordance with MAR 19(6)
The Company announces that on 07 November 2016, the following directors and PDMRs purchased the number of ordinary shares in the Company (Partnership Shares) set out against their names below and were allocated the number of free ordinary shares (Matching Shares) set out against their names below, in each case under the Company's Share Incentive Plan (SIP):
Name | Director/PDMR | Partnership Shares | Matching Shares
|
Alex Chesterman
| Director | 50 | 50 |
Steve Weller
| PDMR | 50 | 50 |
The Partnership Shares were purchased at the price of £2.970 per share. Under the SIP, each participant may contribute up to £150 per month towards the purchase of Partnership Shares. In accordance with the rules of the SIP, one Matching Share has been awarded for each Partnership Share purchased. The Matching Shares are subject to a 12 month forfeiture period.
The Company received notification of this transaction from the trustees of the SIP on 08 November 2016. This announcement, including the notification(s) below, is made in accordance with the requirements of the EU Market Abuse Regulation.
1 | Details of the PDMR
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a) | Name | 1. Alex Chesterman 2. Steve Weller
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2 | Reason for the notification
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a) | Position/status
| 1. CEO/Director 2. MD of Comparison Services/PDMR
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b) | Initial notification/Amendment
| Initial Notification | ||||||||
3 | Details of the issuer
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a) | Name
| Zoopla Property Group Plc | ||||||||
b) | LEI
| N/A | ||||||||
4 | Details of the transaction(s):
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a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of £0.001
ISIN: GB00BMHTHT14
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b) | Nature of the transaction | Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the SIP.
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c) | Price(s) and volume(s)
| Partnership shares
Matching shares
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d) | Aggregated information
- Aggregated volume
- Price
|
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e) | Date of the transaction | 07 November 2016
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f) | Place of transaction | London Stock Exchange
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-Ends-
Enquiries:
Zoopla Property Group Plc
Ned Staple
General Counsel and Company Secretary
020 7620 4761
Related Shares:
ZPG PLC