28th Sep 2016 15:38
Notification and public disclosure of transactions by persons discharging managerial responsibilities
The attached individual notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to the exercise of an award granted under the terms of the WS Atkins plc Long-term Growth Unit Plan ("LGU") on behalf of a person discharging managerial responsibilities ("PDMR"). 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
| Heath Stewart Drewett | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Finance Director / PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification
| ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| WS Atkins plc | ||||
b)
| LEI
| 213800K6B5Q9X8Z1HI36 | ||||
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
|
Ordinary shares of 0.5 pence each
GB0000608009
| ||||
b)
| Nature of the transaction
|
Acquisition following the exercise of 7,235 units granted under the terms of the LGU, where the value of each unit is equal to the difference between the Company's six-month average share price at exercise and the Company's six-month average share price at grant. The value of any units exercised is delivered in the form of Company shares. The exercise of 7,235 units equated to the acquisition of 3,127 shares.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
3,127
Nil
| ||||
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
|
Ordinary shares of 0.5 pence each
GB0000608009
| ||||
b)
| Nature of the transaction
|
Disposal of shares to fund the tax liability due on exercise of the LGU award.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
1,470
15.42 GBP
| ||||
e)
| Date of the transaction
| 2016-09-26 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Guy Holden
Company Secretariat
(Responsible for releasing this announcement)
2016-09-28
Related Shares:
ATK.L