9th Jun 2020 16:00
9 June 2020
Sanne Group plc
(SANNE or the Company)
Grant of share awards
SANNE, a leading global provider of alternative asset and corporate services, announces that on 4 June 2020 awards over ordinary shares of 0.01p each in the Company were made to certain persons discharging managerial responsibilities (PDMRs) under the 2019 Company's Senior Management Incentive Plan (the Plan), as follows:
Name of PDMR | Number of shares held under award |
Andrew Jones | 2,429 |
Kevin Lazeris | 4,707 |
No consideration was paid for the awards which were granted following satisfaction of performance conditions set by the Remuneration Committee of the Company.
As per the rules of the Plan, the awards are held as deferred shares and vest on the second anniversary of the grant.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Andrew Jones | ||
2. | Reason for the notification | |||
(a) | Position/status | Chief Risk Officer and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Senior Management Incentive Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 2,429 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2020-06-04 | ||
(f) | Place of the transaction | Outside a trading venue | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||
(a) | Name | Kevin Lazeris | ||
2. | Reason for the notification | |||
(a) | Position/status | Group Head of Compliance and PDMR | ||
(b) | Initial notification/ Amendment | Initial notification | ||
3. | Details of the issuer | |||
(a) | Name | Sanne Group plc | ||
(b) | LEI | 2138005UBLKEZRITH576 | ||
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 | Ordinary shares of £0.01 each ISIN: JE00BVRZ8S85 | ||
(b) | Nature of the transaction | Grant of shares under the Sanne Group plc Senior Management Incentive Plan | ||
(c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
|
| Nil | 4,707 | |
|
|
| ||
(d) | Aggregated information
| Aggregated price | Aggregated volume | |
N/A (single transaction) | N/A (single transaction) | |||
| ||||
(e) | Date of the transaction | 2020-06-04 | ||
(f) | Place of the transaction | Outside a trading venue | ||
Enquiries
Sanne Group plc | +44 (0) 20 3911 1048 |
Ian Portal, Company Secretary |
About SANNE
SANNE is a leading global provider of alternative asset and corporate services. Established for over 30 years and listed on the Main Market of the London Stock Exchange and a member of the FTSE 250 index, SANNE employs more than 1,700 people worldwide and administers structures and funds that have in excess of £250 billion of assets.
Key clients include alternative asset managers, financial institutions, family offices, ultra-high net-worth individuals and corporates.
SANNE operates from a global network of offices located in leading financial jurisdictions, which are spread across the Americas, Europe, Africa and Asia-Pacific.
www.sannegroup.com
Related Shares:
SNN.L