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Director/PDMR Shareholding

23rd Nov 2021 14:43

Daily Mail and General Trust plc (DMGT) Director/PDMR Shareholding 23-Nov-2021 / 14:42 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

The Company today confirms long term awards under the DMGT Long Term Executive Incentive Plan 2017 (the "2017 LTIP") as outlined in our Remuneration Policy and in the Company's 2021 Annual Report.

 

The outcome will be delivered in A Ordinary non-voting shares upon vesting at the end of FY 2024, subject to the rules of the 2017 LTIP, including leaver provisions, Company event provisions and cash settlement provisions. The number of shares subject to the awards was calculated by reference to a share price of £10.97 (the average share price for the first 3 days following the release of FY 2021 results).

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 Ravinder Chandhok

2

Reason for the notification

a)

Position/status

Chief Technology Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Daily Mail and General Trust plc

b)

LEI

4OFD47D73QFJ1T1MOF29

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

A Ordinary Non-Voting Shares of 12.5 pence each

GB00BJQZC279

b)

Nature of the transaction

Grant of award under the Daily Mail and General Trust Long Term Incentive Plan 2017 (the "Plan"). The Award is subject to continued service, the value of which will be delivered in A Ordinary non-voting shares upon vesting (subject to the rules of the Plan, including leaver provisions, Company event provisions and cash settlement provisions) calculated by reference to the share price as at the start of the performance period of £10.97.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0

 81,819 shares.

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

 Not applicable, single transaction.

e)

Date of the transaction

23 November 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

Name of officer responsible for making notification: Fran Sallas, Company Secretary DMGT, 0203 615 2904

 

ISIN:GB00BJQZC279
Category Code:DSH
TIDM:DMGT
LEI Code:4OFD47D73QFJ1T1MOF29
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:127515
EQS News ID:1251461
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Related Shares:

DMGT.L
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