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S & U PLC (SUS)

S & U PLC

Director/PDMR Shareholding
RNS Number : 4991V
S & U PLC
09 April 2019
 

 

9 April 2019

S & U PLC ("S&U" or "the Company")

Director/PDMR Shareholding

 

The Company has granted share options in respect of 7,500 ordinary shares of 12.5p each in S & U to a Director of the Company under the Company's 2010 Long Term Incentive Plan ("LTIP").  

 

The LTIP option awards were all made on 8 April 2019. 

 

The earliest date the awards will vest is on 8 April 2022 all at an exercise price of 12.5p each.  The vesting of the awards is subject to each person remaining in employment with the Company for three years from the date of the award and meeting challenging performance targets.

 

 

The award is as follows:

 

Name of Director

 

Number of ordinary shares under LTIP option

awarded

Total number of shares over which options held under LTIP and DSOP following notification

Number of ordinary shares owned outright

CH Redford

7,500

15,000

16,000

 

 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.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Chris Redford

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

S&U PLC

b)

 

LEI

 

 

213800QZ1X2A7J64SQ31

 

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

 

 

Share options over Ordinary shares of 12.5p each

 

 

ISIN :   GB0007655037

 

b)

 

Nature of the transaction

 

 

Grant of share options in respect of 7,500 ordinary shares under the Company's 2010 Long Term Incentive Share Scheme

c)

 

Price(s) and volume(s)

 

 

 

Option Exercise Price(s)

 

Volume(s)

12.5p

 

7,500

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A (Single transaction)

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

8th April 2019

f)

 

Place of the transaction

 

 

Solihull

 

Enquiries:

Anthony Coombs

S&U plc

c/o Newgate Communications

Financial Public Relations

Bob Huxford, Tom Carnegie                        

Newgate Communications      

020 7653 9848

 

Broker

Adrian Trimmings, Rishi Shah, Andrew Buchanan

Peel Hunt LLP

020 7418 8900

 

 

 


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 rns@lseg.com or visit www.rns.com.
 
END
 
 
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