15th Dec 2016 17:01
NEX Group plc (the Company)
Director and PDMR share interests and awards
Share interests
On 15 December 2016, interests in ICAP plc shares (previously held by ICAP plc directors and PDMRs) were exchanged for interests in NEX Group plc shares on a one for one basis.
Directors
Since publication of the NEX Group plc prospectus on 6 December 2016, there has been no change to the number of shares held by NEX Group plc directors:
Name of NEX Group plc director | Number of NEX Group plc shares |
Charles Gregson | 245,809 |
Michael Spencer* | 109,908,943 |
Stuart Bridges | 148,750 |
John Sievwright | 20,873 |
Robert Standing | 10,000 |
*Michael Spencer has a direct interest in 3,889,383 NEX Group plc shares. He owns a majority shareholding in IPGL (Holdings) Limited, of which IPGL Limited and INCAP Finance BV (INFBV) are wholly-owned subsidiaries. Michael Spencer is deemed to be interested in all the NEX Group plc shares held by INFBV and its indirect wholly-owned subsidiary, INCAP Overseas BV, totalling 105,569,560 NEX Group plc shares. IPGL Limited holds 350,000 NEX Group plc shares acquired via a contract for difference and Michael Spencer holds 100,000 NEX Group plc shares acquired via a contract for difference.
PDMRs
The following PDMR share interests are consistent with previous RNS announcements:
Name of NEX Group plc director | Number of NEX Group plc shares |
David Casterton | 332,336 |
Seth Johnson | 3,284 |
Per Sjoberg | 8,007 |
Share awards
On 15 December 2016, all outstanding share awards previously granted by ICAP plc were exchanged for awards over NEX Group plc shares on a one for one basis and subject to the same vesting and, where applicable, performance conditions.
This included awards granted to directors of NEX Group plc and persons discharging managerial responsibility (PDMRs) in respect of the following schemes:
· ICAP plc 2013 Bonus Share Matching Plan (BSMP)
· ICAP plc 2015 Performance Share Plan (PSP)
· ICAP plc 2015 Deferred Share Bonus Plan (DSBP)
· ICAP plc Senior Management Long Term Incentive Plan (LTIP)
· ICAP plc 2008 Sharesave Scheme (SAYE)
Directors
Since publication of the NEX Group plc prospectus on 6 December 2016, there has been no change to the number of share awards held by NEX Group plc directors:
Name of director | Scheme and year of award | Number of shares subject to award |
Michael Spencer | 2014 BSMP matching award | 91,657 |
Michael Spencer | 2014 SAYE option | 1,490 |
Michael Spencer | 2015 SAYE option | 2,986 |
Michael Spencer | 2015 PSP award | 173,262 |
Michael Spencer | 2016 PSP award | 521,497 |
Michael Spencer | 2016 DSBP award | 394,020 |
Stuart Bridges | 2015 PSP award | 98,750 |
Stuart Bridges | 2015 PSP award | 197,500 |
Stuart Bridges | 2016 PSP award | 231,776 |
Stuart Bridges | 2016 DSBP award | 104,299 |
PDMRs
The following PDMR share awards are consistent with previous RNS announcements:
Name of PDMR | PSP award shares | DSBP award shares | LTIP basic award shares | LTIP matching award shares | SAYE award shares | TOTAL |
David Casterton | 52,995 | 0 | 149,890 | 96,895 | 1,490 | 301,270 |
Hugh Gallagher | 22,218 | 0 | 72,616 | 50,398 | 0 | 145,232 |
Laurent Paulhac | 23,055 | 0 | 36,313 | 13,258 | 0 | 72,626 |
Seth Johnson | 60,697 | 38,616 | 77,992 | 55,911 | 0 | 233,216 |
Tim Cartledge | 38,629 | 38,629 | 0 | 0 | 0 | 77,258 |
Jenny Knott | 162,243 | 162,243 | 0 | 0 | 0 | 324,486 |
Steve Gibson | 101,542 | 92,710 | 15,378 | 6,546 | 3,308 | 219,484 |
Per Sjöberg | 28,199 | 22,376 | 27,311 | 21,488 | 0 | 99,374 |
Ken Pigaga | 112,317 | 63,738 | 70,314 | 21,735 | 5,465 | 273,569 |
NEX Group plc
15 December 2016
Contact:
Victoria Mellor Group Head of Marketing and Communications +44 (0)20 7029 9074
Alex Dee Head of Investor Relations +44 (0)20 7050 7420
Related Shares:
NEX Group