Director/PDMR Shareholding

RNS Number : 9135Y

Ascential PLC

08 March 2017

 

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 7 March 2017 the Company's Executive Directors were granted nil cost option 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 shares awarded under DABP
Duncan Painter	307,219	19,201
Mandy Gradden	184,081	13,099

PSP awards

Subject to the terms of the PSP, the awards will ordinarily vest and become exercisable from 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 2019.  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

Subject to the terms of the DABP, the awards will ordinarily vest and become exercisable from 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 nil cost options 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 cost	307,219 ("PSP)
			Nil cost	19,201 ("DABP")
			Mandy  Gradden:
			Price(s)	Volume(s)
			Nil cost	184,081 ("PSP")
			Nil cost	13,099 ("DABP")
d)	Aggregated information
	- Aggregated volume	Duncan Painter - 326,420 Mandy Gradden - 197,180
	- Price	Nil cost
e)	Date of the transaction	7 March 2017
f)	Place of the transaction	London

 

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