13th Mar 2018 16:00
13 March 2018
Director / PDMR Shareholding
The following announcement and notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
Deferred Stock Plan
On 13 March 2018, David Crook (Group Finance Director), was granted a conditional share award over 71,433 BBA Aviation plc ordinary shares of 2916/21 pence under the terms of the Company's Deferred Stock Plan.
The conditional share award is subject to full or partial forfeiture if the director leaves within three years of the award.
Long-Term Incentive Plan
On 13 March 2018, David Crook (Group Finance Director), was granted a conditional share award over 166,125 BBA Aviation plc ordinary shares of 2916/21 pence each under the terms of the Company's Long-Term Incentive Plan.
The conditional share award is subject to the achievement of performance conditions and if it vests will be released at nil cost in accordance with the Plan Rules. The award is also subject to an additional holding period of 2 years from the date on which the award vests.
The form required under the EU Market Abuse Regulation follows.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | David Crook |
2 | Reason for the notification | |
a) | Position/status | Group 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 | BBA 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 | Conditional awards over Ordinary Shares ISIN: GB00B1FP8915 |
b) | Nature of transaction | Conditional share awards made under the Company's Deferred Stock Plan and Long-Term Incentive Plan |
c) | Price(s) and volume(s) | Award over 71,433 conditional shares under the Deferred Stock Plan |
Award over 166,125 conditional shares under the Long-Term Incentive Plan | ||
d) | Aggregated information: Volume, Price | |
e) | Date of the transaction | 13 March 2018 |
f) | Place of the transaction | Grant of share awards occurred outside a trading venue |
Related Shares:
SIG.L