1st May 2018 10:03
Moss Bros Group Plc ("the Company")
Grant of Options
1 May 2018
Following approval by the Company's Remuneration Committee, the Company has yesterday granted options over Moss Bros Group plc ordinary shares of 5 pence each ("Ordinary Shares") to certain directors and certain persons discharging managerial responsibility ("PDMR").
The options were granted under the Moss Bros Group 2009 Long-Term Incentive Plan ("LTIP Options").
The LTIP Options have been granted over a total of 1,508,570 Ordinary Shares.
Vesting of the LTIP Options, which will be exercisable at nil consideration, is ordinarily subject to the continued employment of the participant and the satisfaction of performance conditions. Clawback provisions will apply to this award in the event of malus.
The Company approved and ratified the above transaction relating to LTIP Options on 30 April 2018.
In accordance with Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the grant of the LTIP Options is attached to this announcement.
For further information please contact:
Moss Bros Group Plc 0207 447 7200
Brian Brick, CEO
Tony Bennett, Finance Director and Company Secretary
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Brian Brick | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - 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
| Moss Bros Group plc | ||||
b)
| LEI
| 213800XVHF1G87DV5997 | ||||
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
| Nil cost options over Ordinary Shares
ISIN: GB0006056104
| ||||
b)
| Nature of the transaction
| Grant of options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e)
| Date of the transaction
| 30 April 2018 | ||||
f)
| Place of the transaction
| Outside trading venue | ||||
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Tony Bennett | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR - 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
| Moss Bros Group plc | ||||
b)
| LEI
| 213800XVHF1G87DV5997 | ||||
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
| Nil cost options over Ordinary Shares
ISIN: GB0006056104
| ||||
b)
| Nature of the transaction
| Grant of options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e)
| Date of the transaction
| 30 April 2018 | ||||
f)
| Place of the transaction
| Outside trading venue | ||||
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Sara Gomez | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Moss Bros Group plc | ||||
b)
| LEI
| 213800XVHF1G87DV5997 | ||||
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
| Nil cost options over Ordinary Shares
ISIN: GB0006056104
| ||||
b)
| Nature of the transaction
| Grant of options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e)
| Date of the transaction
| 30 April 2018 | ||||
f)
| Place of the transaction
| Outside trading venue | ||||
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Nicholas Reed | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Moss Bros Group plc | ||||
b)
| LEI
| 213800XVHF1G87DV5997 | ||||
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
| Nil cost options over Ordinary Shares
ISIN: GB0006056104
| ||||
b)
| Nature of the transaction
| Grant of options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e)
| Date of the transaction
| 30 April 2018 | ||||
f)
| Place of the transaction
| Outside trading venue | ||||
Related Shares:
MOSB.L