26th Jun 2025 15:00
Computacenter plc
Incorporated in England
Registration number: 03110569
LEI: 549300XSXUZ1I19DB105
ISIN: GB00BV9FP302
Computacenter plc
(the 'Company')
The following notifications are made under Article 19 of the Market Abuse Regulation ('MAR') relating to certain transactions in the shares of the Company by Directors of the Company, Persons Discharging Managerial Responsibilities ('PDMR') of the Company and Persons Closely Associated ('PCA') with the Directors and PDMRs.
Grant of Awards
The Company announces that on 24 June 2025, in accordance with the Rules of the Computacenter Share Plan 2025, the Company granted an award of nil-cost options (the 'RSP Award') over Ordinary Shares of 75/9 pence each in the capital of the Company ('Ordinary Shares'), to the following Director:
Director | Number of shares awarded1 |
Mr M J Norris (Director) | 14,072 |
1 Calculated using a price of 2512.00 pence per Ordinary Share which is the average middle market closing quotation, as derived from the Daily Official List of the London Stock Exchange, over the period from 19 June 2025 to 23 June 2025, being the three trading days before the Date of Grant of the RSP Award
Conditions
The Directors will assess performance against a 'good practice' underpin for the period from 1 June 2025 to 1 June 2029 (the "Assessment Period"). The Directors will consider (in conjunction with any other matters they consider appropriate): (i) Whether there is a material weakness in the underlying financial health or sustainability of the business (considering factors such as revenue, gross profit, adjusted diluted EPS and adjusted net funds), (ii) Performance against Computacenter's key strategic, including both financial and non-financial, priorities, and (iii) Whether there has been a materially serious risk and/or reputational event. The Directors will assess performance against the underpin set out above at the end of the Assessment Period and consider whether a discretionary reduction (including down to zero) in the vesting of the RSP Award is required.
The RSP Award is subject to a one-year holding period following vesting. The vested RSP Award held during the holding period will include the right to receive dividend equivalents as shares.
The relevant FCA notification is set out below.
PDMR/PCA FCA Transaction Notification
1.
|
Details of Director/Person Discharging Managerial Responsibilities | ||
|
Name |
Michael John Norris | |
2. |
Reason for the notification
| ||
2(a)
|
Position/Status |
Chief Executive Officer | |
2(b)
|
Initial Notification/ Amendment
|
Initial Notification | |
3.
|
Details of the issuer
| ||
3(a)
|
Name |
Computacenter plc | |
3(b)
|
LEI |
549300XSXUZ1I19DB105 | |
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 transaction(s) have been conducted
| ||
4(a)
|
Description of the financial instrument
|
Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')
ISIN: GB00BV9FP302
| |
4(b)
|
Nature of Transaction
|
Grant of a nil-cost option over Ordinary Shares under the rules of the Computacenter Share Plan 2025 (the 'RSP Award'). There is no price payable on the grant, vesting or exercise of the RSP Award. Vesting of the RSP Award is subject to the assessment of performance against an underpin over a four-year period. Any options vested under the RSP Award are subject to a one-year holding period before they can be exercised.
| |
4(c)
|
Price(s) and Volume(s)
|
Price(s) (in GBP)
|
Volume(s) |
nil |
14,072 | ||
4(d)
|
Aggregated Information
Aggregated Volume and Price
|
nil |
14,072 |
4(e)
|
Date of the transaction
|
2025-06-24
| |
4(f)
|
Place of the transaction
|
Outside of a trading venue.
| |
Enquiries:
Name: | Simon Pereira |
Company Secretary | |
Address: | Computacenter plc Hatfield Avenue Hatfield Hertfordshire AL10 9TW |
Telephone: | +44 (0) 7385 514 715 |
Related Shares:
Computacenter