1st Feb 2021 07:00
1 February 2021
LAMPRELL PLC("Lamprell" and with its subsidiaries the "Group")
PDMR Shareholdings
In accordance with the requirements of Article 19 of the EU Market Abuse Regulation No 596/2014, the Company wishes to notify the following changes in the interests in ordinary shares of 5p each in the Company ("Shares") of the following persons discharging managerial responsibilities ("PDMRs").
Following the Company's announcement on 5 October 2020 of the automatic vesting of certain awards made on 1 and 2 October 2017 under the Lamprell plc Retention Share Plan ("RSP"), the Company was notified on 30 January 2021 that the following PDMRs had increased their respective holdings of Shares as follows pursuant to the transfer of Shares from Ocorian Limited, the trustee of the Company's employee benefit trust, to satisfy those vested awards.
Name of PDMR | No . o f Shares transferred to satisfy RSPs which vested | Total holding following this notification | Total percentage holding following this notification | No. of Shares over which rights have been granted and are outstanding under the Company's Share Plans |
Hani El Kurd | 54,923 | 165,968 | 1,140,051 | |
Alex Ridout | 55,215 | 89,316 | 539,486 | |
Peter Ireton | 108,356 | 182,185 | 729,280 |
Total holding represents awards vested under the Company's plans and direct acquisitions by the PDMRs.
The total number of Shares in issue at the date of this notification was 341,726,570.
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Legal Entity Identifier of the Company: 2138008NUMXRMIEDF538
Classification: Additional regulated information required to be disclosed under the laws of a Member State
Related Shares:
LAM.L