Director/PDMR Shareholding

RNS Number : 3135H

Ascential PLC

09 March 2018

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Grant of Awards under the Company's Performance Share Plan and Deferred Annual Bonus Plan.

On 8 March 2018 the Company's Executive Directors were granted conditional awards over ordinary shares of 1p each under the Ascential plc Executive Performance Share Plan (the "PSP") and the Executive Deferred Annual Bonus Plan ("DABP") as noted below:

Executive Director	Number of shares awarded under PSP	Number of share awarded under DABP
Duncan Painter	263,078	37,842
Mandy Gradden	155,216	25,606

PSP awards

Subject to the terms of the PSP, the awards will ordinarily vest on the third anniversary of the grant of the awards subject to the grantee's continued service and to the extent to which adjusted EPS and relative total shareholder return performance criteria are met over the three financial years to 31 December 2020.  The shares will also be subject to a further two-year holding period whereby the Executive Directors will be restricted from selling the shares which vest other than to settle any associated tax.

DABP awards

Awards made under the DABP relate to the mandatory deferral of 50% of the bonus payable to Executive Directors into shares. Subject to the terms of the DABP, the awards will ordinarily vest on the third anniversary of the grant of the awards subject to the grantee's continued service.

For further information please contact:

Louise Meads, Company Secretary

020 7516 5000

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Duncan Painter Mandy Gradden
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	Ascential plc
b)	LEI	213800VDXQDA7KD2IQ21
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	Ordinary shares of 1p
	Identification code	BYM8GJ0
b)	Nature of the transaction	Grant of conditional awards under the Company's Performance Share Plan ("PSP") and the Executive Deferred Annual Bonus Plan ("DABP")
c)	Price(s) and volume(s)
			Duncan Painter:
			Price(s)	Volume(s)
			Nil	263,078 ("PSP)
			Nil	37,842 ("DABP")
			Mandy  Gradden:
			Price(s)	Volume(s)
			Nil	155,216 ("PSP")
			Nil	25,606 ("DABP")
d)	Aggregated information
	- Aggregated volume	Duncan Painter - 300,920 Mandy Gradden - 180,822
	- Price	Nil
e)	Date of the transaction	8 March 2018
f)	Place of the transaction	London

 

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