28th Jul 2017 17:08
Further to the 'LTIP Awards and Exercise' announcement on 27 July 2017 the Company was notified today that the Executive Directors had exercised LTIP awards which vested in full following the achievement of performance targets for the three year performance period ending 30 June 2017. Jeremy Darroch exercised and sold awards over 1,200,000 Ordinary Shares and Andrew Griffith exercised and sold awards over 700,000 Ordinary Shares at 967 pence per share. These transactions took place in London.
The beneficial interests of the Executive Directors in the Company remain unchanged following this notification as follows:
Jeremy Darroch: 689,871
Andrew Griffith: 172,445
The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jeremy Darroch | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group 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
| Sky plc | ||||
b)
| LEI
| 2138003TS48MQKF4BZ29 | ||||
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
Identification code
| Ordinary Shares of 50 pence each in Sky plc
ISIN: GB0001411924
| ||||
b)
| Nature of the transaction
| Exercise and sale of awards under the Long Term Incentive Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price | n/a | ||||
e)
| Date of the transaction
| 2017-07- 28 | ||||
f)
| Place of the transaction
| London | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andrew Griffith | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Chief Operating Officer & 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
| Sky plc | ||||
b)
| LEI
| 2138003TS48MQKF4BZ29 | ||||
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
Identification code
| Ordinary Shares of 50 pence each in Sky plc
ISIN: GB0001411924
| ||||
b)
| Nature of the transaction
| Exercise and sale of awards under the Long Term Incentive Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price | n/a | ||||
e)
| Date of the transaction
| 2017-07-28 | ||||
f)
| Place of the transaction
| London | ||||
Related Shares:
Sky