4th May 2017 17:00
For immediate release
BERENDSEN PLC
(the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs")
Grant of SAYE options
Under the terms of, and pursuant to, the rules of the Berendsen Sharesave Plan 2016 ("SAYE"), James Drummond (Chief Executive Officer) was granted SAYE options over 2,960 ordinary shares of 30p each in the capital of the Company.
The options were granted on 4 May 2017 with an exercise price of 608 pence per share and have a contract start date of 1 July 2017. The options are due to mature on 1 July 2020 following completion of a 3-year savings term.
Executive Directors
Name |
Role | SAYE options (number) | Savingsterm |
J Drummond | Chief Executive Officer | 2,960 | 3-years |
This announcement is made in accordance with Article 19 of the Market Abuse Regulation and Rule 3.1 of the Disclosure and Transparency Rules.
The Company was notified of the grant of options on 4 May 2017.
David Lawler
Company Secretary
The information set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name | James Drummond | ||||
2
| Reason for the notification
| |||||
a) | Position/status | Chief Executive Officer (PDMR) | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a) | Name | Berendsen plc | ||||
b) | LEI | 213800DEH9V24XYGFR32 | ||||
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 of 30p each
| ||||
Identification code
| ISIN GB00B0F99717 | |||||
b) | Nature of the transaction | Grant of savings-related share options | ||||
c)
| Price(s) and volume(s) (£)
|
| ||||
d)
| Aggregated information | |||||
· Aggregated volume | 2,960 | |||||
· Price | 608p | |||||
e) | Date of the transaction | 4 May 2017 | ||||
f) | Place of the transaction | Outside a trading venue |
Related Shares:
Berendsen