3rd Oct 2016 13:23
SHIRE PLC - Director/PDMR ShareholdingSHIRE PLC - Director/PDMR Shareholding
PR Newswire
London, October 3
Director/PDMR Shareholding
October 3, 2016 – Shire plc (LSE: SHP, NASDAQ: SHPG) (the “Company”)
Notification of transactions by person discharging managerial responsibilities
| 1. | Details of the person discharging managerial responsibilities (“PDMR”) / person closely associated with them (“PCA”) | ||
| a) | Name | Perry Sternberg | |
| 2. | Reason for the notification | ||
| a) | Position / status | Head of US Commercial - PDMR | |
| b) | Initial notification / amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Shire plc | |
| b) | LEI | 54930005LQRLI2UXRQ59 | |
| 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 | Shire plc American Depositary Shares (“ADSs”) | |
| Identification code | ISIN: US82481R1068 | ||
| b) | Nature of the transaction | Vesting of Performance Share Awards (“PSAs”) in respect of notional ADSs awarded under the Shire Portfolio Share Plan (“PSP”) on September 30, 2013. In accordance with the rules of the PSP, upon vesting the number of ADSs to be delivered was increased by an amount equivalent to the value of dividends paid by the Company in respect of the PSAs from the award date to the date of vesting. Details of related disposal of ADSs are referenced in section 5. below. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| N/A | 594 | ||
| d) | Aggregated information | N/A (single transaction) | |
| e) | Date of the transaction | September 30, 2016 | |
| f) | Place of the transaction | N/A | |
| 5. | 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 | Shire plc American Depositary Shares (“ADSs”) | |
| Identification code | ISIN: US82481R1068 | ||
| b) | Nature of the transaction | Automated disposal of ADSs in relation to the vesting of PSAs referenced in section 4. above. The proceeds of this disposal were used to satisfy personal tax liabilities arising from the vesting of the PSAs. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| $193.9819 | 195 | ||
| d) | Aggregated information | N/A (single transaction) | |
| e) | Date of the transaction | September 30, 2016 | |
| f) | Place of the transaction | NASDAQ Global Select Market | |
Oliver Strawbridge
Senior Assistant Company Secretary
For further information please contact:
| Investor Relations | ||
| Sarah Elton-Farr | [email protected] | +44 1256 894157 |
| Ian Karp | [email protected] | +1 781 482 9018 |
| Robert Coates | [email protected] | +44 1256 894874 |
| Media | ||
| Gwen Fisher | [email protected] | +1 484 595 9836 |
| Debbi Ford | [email protected] | +1 617 949 9083 |
NOTES TO EDITORS
About Shire
Shire is the leading global biotechnology company focused on serving people with rare diseases and other highly specialized conditions. We strive to develop best-in-class products, many of which are available in more than 100 countries, across core therapeutic areas including Hematology, Immunology, Neuroscience, Ophthalmics, Lysosomal Storage Disorders, Gastrointestinal / Internal Medicine / Endocrine and Hereditary Angioedema; and a growing franchise in Oncology.
Our employees come to work every day with a shared mission: to develop and deliver breakthrough therapies for the hundreds of millions of people in the world affected by rare diseases and other high-need conditions, and who lack effective therapies to live their lives to the fullest.
www.shire.com
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