18th Aug 2020 15:00
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").
The vesting of conditional awards granted in July 2020 to Michael Topham, Richard Pike, Jeff Anderson and Michael Davis under the Company's Deferred Share Plan 2016.
As previously advised these awards are in satisfaction of annual bonus entitlements in respect of the year to 27 March 2020.
PDMR | Number of shares subject to the award vesting | Number of shares subject to the award settled in cash to cover tax and NI | Number of shares subject to the award acquired and retained |
Michael Topham | 235,876 | 110,861 | 125,015 |
Richard Pike | 131,042 | 61,589 | 69,453 |
Jeff Anderson | 71,225 | 33,475 | 37,750 |
Michael Davis | 69,719 | 32,768 | 36,951 |
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 | Acquisition of shares following the vesting of Deferred Share Plan Award over 235,876 shares (partially settled in cash to cover tax and NI)
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(c) | Price(s) and volume(s)
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(d) | Aggregated information |
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| · Aggregated volume | N/A | ||||
| · Price | N/A | ||||
(e) | Date of the transaction | 2020.08.17 | ||||
(f) | Place of the transaction | Outside a trading venue
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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 | Acquisition of shares following the vesting of Deferred Share Plan Award over 131,042 shares (partially settled in cash to cover tax and NI)
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(c) | Price(s) and volume(s)
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(d) | Aggregated information |
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| · Aggregated volume | N/A | ||||
| · Price | N/A | ||||
(e) | Date of the transaction | 2020.08.17 | ||||
(f) | Place of the transaction | Outside a trading venue
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1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
(a) | Name | Jeff Anderson | ||||
2 | Reason for the notification | |||||
(a) | Position/status | Chief Operating Officer, Collections | ||||
(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 | Acquisition of shares following the vesting of Deferred Share Plan Award over 71,225 shares (partially settled in cash to cover tax and NI)
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(c) | Price(s) and volume(s)
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(d) | Aggregated information |
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| · Aggregated volume | N/A | ||||
| · Price | N/A | ||||
(e) | Date of the transaction | 2020.08.17 | ||||
(f) | Place of the transaction | Outside a trading venue
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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 and Collections | ||||
(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 | Acquisition of shares following the vesting of Deferred Share Plan Award over 69,719 shares (partially settled in cash to cover tax and NI)
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(c) | Price(s) and volume(s)
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(d) | Aggregated information |
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| · Aggregated volume | N/A | ||||
| · Price | N/A | ||||
(e) | Date of the transaction | 2020.08.17 | ||||
(f) | Place of the transaction | Outside a trading venue
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Name of officer of issuer responsible for making notification: Sarah Parsons - Company Secretary Date of notification: 2020.08.18 |
Related Shares:
BIFF.L