22nd May 2019 15:02
ContourGlobal plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
On 21 May 2019, the following deferred bonus award over ordinary shares of 1 pence in ContourGlobal plc ("Shares") was granted under the ContourGlobal plc Long Term Incentive Plan to the following person discharging managerial responsibilities:
PDMR | No. of shares under Award | Type of Award |
Joseph C. Brandt | 50,028 | Deferred Bonus Award |
The award is structured as a conditional award of shares and will ordinarily vest on 27 March 2021. The deferred bonus award was granted in respect of a deferral of twenty per cent. of the bonus amount determined for Mr. Brandt for the 2018 bonus year.
Details of the full notifications received by the Company are set out below.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Joseph C. Brandt | ||||
2 | Reason for Notification | |||||
a) | Position/status | President and Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ContourGlobal plc | ||||
b) | LEI | 5493002I3A4J5TFOR115 | ||||
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 1 pence each in ContourGlobal plc GB00BF448H58 | ||||
b) | Nature of the transaction | Grant of a deferred bonus award under the ContourGlobal plc Long Term Incentive Plan. The award is structured as a conditional award of shares and will ordinarily vest on 27 March 2021. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 21 May 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
Media - Brunswick
Charles Pretzlik/Simon Maine
Tel: +44 (0) 207 404 5959
Related Shares:
GLO.L