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Vesting of RSU Awards

4th Oct 2023 17:24

RNS Number : 7304O
McBride PLC
04 October 2023
 

4 October 2023

 

 

Notification and public disclosure of the vesting of RSU Awards to Persons Discharging Managerial Responsibilities ("PDMR") and sale of shares

 

 

 

McBride plc (the "Company") confirms that on 2 October 2023, an award over ordinary shares in the Company granted on 1 October 2020 to Lennard Markestein, Divisional Managing Director (the "Award") vested under the terms of the Company's 2020 Restricted Share Unit Plan. The Award vested at the end of a three-year period and the number of ordinary shares vesting, including dividend equivalent shares, was 58,695 ordinary shares (the "Shares"). Following vesting, 27,824 Shares were sold.

 

Details of the transactions are set out in the table below.

 

This announcement and the following disclosure is made in accordance with Article 19(1) of the UK Market Abuse Regulation.

 

 

1.

Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA")

a)

Name

 

Lennard Markestein

2.

Reason for the notification

b)

Position/Status

Divisional Managing Director

 

c)

Initial notification/amendment

 

Initial Notification

 

3.

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

a)

Name

McBride plc

 

b)

LEI

213800HX7FMPA2CIEF02

 

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 10p each

 

 

GB0005746358

 

 

b)

Nature of the transaction

 

Vesting of a conditional award of shares under the Company's 2020 Restricted Share Unit Plan (including dividend equivalent shares)

 

c)

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

Nil

 

58,695

d)

Aggregated information

Aggregated volume

Price

 

N/A - single transaction

e)

Date of the transaction

 

2 October 2023

 

f)

Place of transaction

 

Outside of a trading venue

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 10p each

 

 

GB0005746358

 

 

 

b)

Nature of the transaction

 

Sale of shares

 

c)

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

0.382931

 

27,824

d)

Aggregated information

Aggregated volume

Price

 

N/A - single transaction

e)

Date of the transaction

 

3 October 2023

 

f)

Place of transaction

 

London Stock Exchange

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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