15th Jul 2016 10:23
Share plc
(the "Company")
Director Dealings
PURCHASE OF PARTNERSHIP SHARES AND AWARDS OF MATCHING SHARES
Share plc (AIM:SHRE.LN) announces that the undermentioned directors of the Company on Friday 15 July purchased ordinary shares of 0.5 pence in the Company ("Ordinary Shares") at an allocation cost of 29 pence per share as "partnership shares" under the Company's Share Incentive Plan. These purchases were undertaken by the trustee of the Company's Share Incentive Plan, Sharesecure Ltd, a UK registered company, on behalf of these individuals and the shares were purchased in the open market. Allocation cost is calculated in accordance with HMRC SIP Rules and Guidance.
In connection with these purchases on the same date the directors were awarded Ordinary Shares as "matching shares" under the Company's Share Incentive Plan. No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.
The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the Partnership shares in connection with which they were awarded.
All the above transactions are summarised below:
Director | Partnership shares acquired | Matching shares awarded | Total holding following notification | % of current issued Ordinary Shares |
Richard Tolkien | 517 | 1,034 | 310,575 | 0.22 |
Richard Stone | 517 | 1,034 | 186,463 | 0.13 |
Francesca Ecsery | 517 | 1,034 | 48,089 | 0.03 |
Mike Birkett | 517 | 1,034 | 35,948 | 0.03 |
Gareth Thomas | 517 | 1,034 | 26,163 | 0.02 |
For more information, please contact:
Share plc | 01296 414141 |
Richard Stone, Chief Executive | |
Barbara Pierssene, Company Secretary | |
Cenkos Securities plc, Nominated Adviser and Broker | 020 7397 8900 |
Ivonne Cantu / Mark Connelly |
Related Shares:
SHRE.L