9th May 2017 13:00
Bovis Homes Group PLC - 2016 bonus deferred share award
As set out in the Remuneration Report included in the Annual Report & Accounts for the year ended 31 December 2016, the Remuneration Committee has used its discretion to pay Earl Sibley's bonus for 2016 in the form of shares, subject to a two year holding period. It has also decided to adopt this approach for other senior leaders in the business.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Earl Sibley
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Finance Director | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Bovis Homes Group PLC | ||||
b)
| LEI
| 2138001KOWN7CG9SLK53 | ||||
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 50p each
GB0001859296
| ||||
b)
| Nature of the transaction
| Purchase of shares using the net proceeds of the 2016 annual bonus determined by the Remuneration Committee ("Bonus Shares"). The Bonus Shares are subject to a two year holding period and malus and clawback provisions. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
2,076
£9.3347 | ||||
e)
| Date of the transaction
| 08/05/2017 | ||||
f)
| Place of the transaction
| XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Martin Palmer
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Company Secretary | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Bovis Homes Group PLC | ||||
b)
| LEI
| 2138001KOWN7CG9SLK53 | ||||
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 50p each
GB0001859296
| ||||
b)
| Nature of the transaction
| Purchase of shares using the net proceeds of the 2016 annual bonus determined by the Remuneration Committee ("Bonus Shares"). The Bonus Shares are subject to a two year holding period and malus and clawback provisions. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
680
£9.3347 | ||||
e)
| Date of the transaction
| 08/05/2017 | ||||
f)
| Place of the transaction
| XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Keith Carnegie
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Person Discharging Managerial Responsibilities | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Bovis Homes Group PLC | ||||
b)
| LEI
| 2138001KOWN7CG9SLK53 | ||||
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 50p each
GB0001859296
| ||||
b)
| Nature of the transaction
| Purchase of shares using the net proceeds of the 2016 annual bonus determined by the Remuneration Committee ("Bonus Shares"). The Bonus Shares are subject to a two year holding period and malus and clawback provisions. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
1,090
£9.3347 | ||||
e)
| Date of the transaction
| 08/05/2017 | ||||
f)
| Place of the transaction
| XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Darrell White
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Person Discharging Managerial Responsibilities | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Bovis Homes Group PLC | ||||
b)
| LEI
| 2138001KOWN7CG9SLK53 | ||||
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 50p each
GB0001859296
| ||||
b)
| Nature of the transaction
| Purchase of shares using the net proceeds of the 2016 annual bonus determined by the Remuneration Committee ("Bonus Shares"). The Bonus Shares are subject to a two year holding period and malus and clawback provisions. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
1,305
£9.3347 | ||||
e)
| Date of the transaction
| 08/05/2017 | ||||
f)
| Place of the transaction
| XLON | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| James Watson
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Person Discharging Managerial Responsibilities | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Bovis Homes Group PLC | ||||
b)
| LEI
| 2138001KOWN7CG9SLK53 | ||||
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 50p each
GB0001859296
| ||||
b)
| Nature of the transaction
| Purchase of shares using the net proceeds of the 2016 annual bonus determined by the Remuneration Committee ("Bonus Shares"). The Bonus Shares are subject to a two year holding period and malus and clawback provisions. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
743
£9.3347 | ||||
e)
| Date of the transaction
| 08/05/2017 | ||||
f)
| Place of the transaction
| XLON | ||||
Related Shares:
Vistry Grp