18th Mar 2020 17:24
18 March 2020
Director / PDMR Shareholding
The following announcement and notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
Deferred Stock Plan
1 Mark Johnstone (Group Chief Executive) received a conditional share award on 17 March 2017 under the Company's Deferred Stock Plan. The forfeiture provision attached to the conditional share award lifted on 17 March 2020.
40,985 conditional award shares, being the number of shares net of applicable tax, were released at nil cost to Mr Johnstone today in accordance with the Plan Rules.
2 David Crook (Group Finance Director), received a conditional share award on 17 March 2017 under the Company's Deferred Stock Plan. The forfeiture provision attached to the share awards lifted on 17 March 2020.
26,432 conditional award shares, being the number of shares net of applicable tax, were released at nil cost to Mr Crook today in accordance with the Plan Rules.
Long-Term Incentive Plan
1 Mark Johnstone (Group Chief Executive) received a conditional share award on 17 March 2017 under the Company's Long-Term Incentive Plan. The performance condition attaching to this conditional share award was tested and 31.89% of the award vested today.
Mr Johnstone received 19,961 shares net of applicable tax.
2 David Crook (Group Finance Director) received a conditional share award on 17 March 2017 under the Company's Long-Term Incentive Plan. The performance condition attaching to this conditional share award was tested and 31.89% of the award vested today.
Mr Crook received 21,270 shares net of applicable tax.
Total Beneficial Holdings
Mr Johnstone's total beneficial holding including those of his connected persons following the transactions set out above is 357,962 shares.
Mr Crook's total beneficial holding including those of his connected persons following the transactions set out above is 107,433 shares.
The forms required under the EU Market Abuse Regulation follow.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Mark Johnstone |
2 | Reason for the notification | |
a) | Position/status | Group Chief Executive |
b) | Initial Notification / Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Signature Aviation plc |
b) | LEI | 2138001T2QEV5RXMFI32
|
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 and Identification code | Ordinary Shares ISIN: GB00BKDM7X41 |
b) | Nature of transaction | Vesting of 40,985 net of tax conditional award shares granted under the Deferred Stock Plan.
Vesting of 19,961 net of tax conditional award shares granted under the Long-Term Incentive Plan
|
c) | Price(s) and volume(s)
| 40,985 shares acquired under the Deferred Stock Plan at nil cost |
19,961 shares acquired under the Long-Term Incentive Plan at nil cost | ||
d) | Aggregated information: Volume, Price | See above |
e) | Date of the transaction | 18 March 2020 |
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | David Crook |
2 | Reason for the notification | |
a) | Position/status | Chief Finance Director |
b) | Initial Notification / Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Signature Aviation plc |
b) | LEI | 2138001T2QEV5RXMFI32
|
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 and Identification code | Ordinary Shares ISIN: GB00BKDM7X41 |
b) | Nature of transaction | Vesting of 26,432 net of tax conditional award shares granted under the Deferred Stock Plan
Vesting of 21,270 net of tax conditional award shares granted under the Long-Term Incentive Plan
|
c) | Price(s) and volume(s) | 26,432 shares acquired under the Deferred Stock Plan at nil cost |
21,270 shares acquired under the Long-Term Incentive Plan at nil cost | ||
d) | Aggregated information: Volume, Price |
See above |
e) | Date of the transaction | 18 March 2020 |
f) | Place of the transaction | Outside a trading venue |
Related Shares:
SIG.L