17th Aug 2022 18:05
Biffa plc
Notification of Transactions of Persons Discharging Managerial Responsibilities
Biffa plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 1p shares undertaken by directors/persons discharging managerial responsibility ("PDMRs").
Michael Topham, Richard Pike and Michael Davis have sold shares in the Company that each of them acquired on 15 August 2022 following the vesting of conditional awards granted to them in July 2019 under the Company's Performance Share Plan, to cover income tax and national insurance contributions / levies.
PDMR | Number of PSP 2019 Awards vesting* | Number of shares sold to meet tax/national insurance costs | Number of net shares sold | Number of shares subject to the vesting retained |
Michael Topham | 182,660 | 88,444 | 0 | 94,216 |
Richard Pike | 99,940 | 48,391 | 0 | 51,549 |
Michael Davis | 67,651 | 32,757 | 0 | 34,894 |
* includes accrued dividends
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
(a) | Name | Michael Topham | ||||
2 | Reason for the notification | |||||
(a) | Position/status | Chief Executive Officer | ||||
(b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | Biffa plc | ||||
(b) | LEI | 2138008RB4WDK7HYYS91 | ||||
4 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 in the capital of the Company | ||||
Identification code | GB00BD8DR117 | |||||
(b) | Nature of the transaction | Sale of shares acquired on 15 August 2022 following the vesting of conditional awards granted in July 2019 under the Company's Performance Share Plan to cover income tax/national insurance contributions/levies
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(c) | Price(s) and volume(s)
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(d) | Aggregated information | |||||
· Aggregated volume | N/A | |||||
· Price | N/A | |||||
(e) | Date of the transaction | 2022.08.16 | ||||
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
(a) | Name | Richard Pike | ||||
2 | Reason for the notification | |||||
(a) | Position/status | Chief Financial Officer | ||||
(b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | Biffa plc | ||||
(b) | LEI | 2138008RB4WDK7HYYS91 | ||||
4 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 in the capital of the Company | ||||
Identification code | GB00BD8DR117 | |||||
(b) | Nature of the transaction | Sale of shares acquired on 15 August 2022 following the vesting of conditional awards granted in July 2019 under the Company's Performance Share Plan to cover income tax/national insurance contributions/levies
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(c) | Price(s) and volume(s)
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(d) | Aggregated information | |||||
· Aggregated volume | N/A | |||||
· Price | N/A | |||||
(e) | Date of the transaction | 2022.08.16 | ||||
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
(a) | Name | Michael Davis | ||||
2 | Reason for the notification | |||||
(a) | Position/status | Chief Operating Officer Resources & Energy | ||||
(b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | Biffa plc | ||||
(b) | LEI | 2138008RB4WDK7HYYS91 | ||||
4 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 in the capital of the Company | ||||
Identification code | GB00BD8DR117 | |||||
(b) | Nature of the transaction | Sale of shares acquired on 15 August 2022 following the vesting of conditional awards granted in July 2019 under the Company's Performance Share Plan to cover income tax/national insurance contributions/levies
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(c) | Price(s) and volume(s)
|
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(d) | Aggregated information | |||||
· Aggregated volume | N/A | |||||
· Price | N/A | |||||
(e) | Date of the transaction | 2022.08.16 | ||||
(f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
Name of officer of issuer responsible for making notification: Sarah Parsons - Company Secretary Date of notification: 2022.08.17 |
Related Shares:
BIFF.L