Director/PDMR Shareholding

RNS Number : 2994K

Ascential PLC

02 September 2021

 

1 September 2021

Ascential plc ("the Company")

Grant of LTIP awards

On 1 September 2021, the Company's Executive Directors were granted conditional awards over ordinary shares under the Performance Share Plan ("PSP") as noted below.

Executive Director	Number of shares awarded under the PSP
Duncan Painter	267,748
Mandy Gradden	198,583
Paul Harrison	189,851

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 the extent to which adjusted EPS (75% of the award) and Digital Commerce Revenue (25% of the award) targets are met over the three financial years to 31 December 2023.  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.  The share price used to calculate the number of shares under award is the average of the closing Ascential share price for the five business days immediately preceding the date of grant.

Contacts

Louise Meads, Company Secretary

[phone]

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Duncan Painter Mandy Gradden Paul Harrison
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 Performance Share Plan ("PSP")
c)	Price(s) and volume(s)
			Duncan Painter:
			Price(s)	Volume(s)
			Nil	267,748
			Mandy Gradden:
			Price(s)	Volume(s)
			Nil	198,583
			Paul Harrison:
			Price(s)	Volume(s)
			Nil	189,851
d)	Aggregated information
	- Aggregated volume	Duncan Painter - 267,748 Mandy Gradden - 198,583 Paul Harrison - 189,851
	- Price	Nil
e)	Date of the transaction	1 September 2021
f)	Place of the transaction	London

 

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