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Director/PDMR Shareholding

25th Jun 2018 07:00

RNS Number : 3234S
RhythmOne PLC
25 June 2018
 

RhythmOne plc("RhythmOne" or the "Company")

Director/PDMR Shareholding Notification

The PDMR notifications below made under Article 19.1 of the EU Market Abuse Regulation ("MAR") relate to the vesting of restricted stock units granted under the terms of the RhythmOne plc 2017 International Equity Incentive Plan (the "2017 Plan"). This announcement is made in accordance with Article 19.3 of MAR.

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mr. Mark Bonney

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer

b)

Initial Notification/Amendment

Initial Notification

3.

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

a)

Name

RhythmOne plc

b)

LEI

213800MZEQLXEIOJ9N61

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 £0.10 each in the Company ("Ordinary Shares")

Identification code

GB00BYW0RC64

b)

Nature of the transaction

Initial equity grant of restricted stock units ("RSUs") pursuant to the 2017 International Equity Incentive Plan RhythmOne plc.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.10

239,520

 Stock will vest over two years with a one year cliff and quarterly vesting thereafter subject to certain performance requirements.

d)

Aggregated information:

- -Aggregated volume

- -Price

 

-N/A (single Transaction)

e)

Date of the transaction

 18 June 2018

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.
 
END
 
 
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