Exercise of Nil Cost Options under PSP

RNS Number : 3694F

Assura PLC

15 July 2021

 

15 July 2021

Assura plc

Exercise of Nil Cost Options under PSP

Assura plc ("Assura"), the leading primary care property investor and developer announces that on 14 July 2021, the PDMRs listed below exercised their 2018 PSP awards.

The table below shows the number of shares vesting, the number of shares sold to satisfy income tax and national insurance liabilities, the number of shares sold for the benefit of the Assura Community Fund and the number of shares received following the sales.

	Number of Shares awarded	Number of shares sold to satisfy income tax and national insurance liabilities	Additional shares sold on behalf of the Assura Community Fund	Additional shares sold	Number of shares after shares sold
Jonathan Murphy	365,399	(171,738)	(36,540)	-	157,121
Jayne Cottam	184,702	(86,810)	-	-	97,892
Orla Ball	35,037	(16,467)	-	(18,570)	-

The Remuneration Committee of Assura had agreed that sufficient shares may be sold by Mr Murphy, Ms Cottam and Ms Ball to cover the arising income tax and national insurance liabilities, that Mr Murphy could sell 36,540 shares to make a contribution to the Assura Community Fund and that Ms Ball could sell her shares in full. The relevant market price for taxation purposes is £0.76 per share.

As a result of the above, the PDMR's shareholding and those of their connected persons is as follows:

	Shareholding on 13 July 2021	Shareholding  post exercise
Jonathan Murphy	2 ,449,798	2,606,919
J ayne Cottam	3 32,710	430,602
Orla Ball	5,658	5,658

Following the allotment, Mr Murphy transferred 157,121 shares to his wife and Ms Cottam transferred 97,892 shares to her husband. Total beneficial holdings remain the same.

The Notification of Dealing Form for the PDMRs can be found below.

This notification is made in accordance with the Market Abuse Regulation.

Notification of dealing form

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jonathan Murphy
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Assura plc
b)	LEI	21380026T19N2Y52XF72
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 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Vesting of share awards under PSP
c)	Price(s) and volume(s)	Price(s) Volume(s) £NIL GBP 365,399
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	14 July 2021
f)	Place of the transaction	XLON
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Sale of 2 08,278 shares to satisfy tax and national insurance liabilities and to make a contribution to the Assura Community Fund .
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.76 GBP 208,278
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.76 GBP 208,278 £158,291.28
e)	Date of the transaction	14 July 2021
f)	Place of the transaction	XLON
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Transfer of 1 57,121 shares to Mr Murphy's wife.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.76 GBP 157,121
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.76 GBP 157,121 £119,411.96
e)	Date of the transaction	14 July 2021
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jayne Cottam
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Assura plc
b)	LEI	21380026T19N2Y52XF72
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 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Vesting of share awards under PSP
c)	Price(s) and volume(s)	Price(s) Volume(s) £NIL GBP 184,702
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	14 July 2021
f)	Place of the transaction	XLON
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Sale of 8 6,810 shares to satisfy tax and national insurance liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.76 GBP 86,810
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.76 GBP 86,810 £65,975.60
e)	Date of the transaction	14 July 2021
f)	Place of the transaction	XLON
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Transfer of 9 7,892 shares to Ms Cottam's husband.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.76 GBP 97,892
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.76 GBP 97,892 £74,397.92
e)	Date of the transaction	14 July 2021
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Orla Ball
2	Reason for the notification
a)	Position/status	Company Secretary
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Assura plc
b)	LEI	21380026T19N2Y52XF72
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 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Vesting of share awards under PSP
c)	Price(s) and volume(s)	Price(s) Volume(s) £NIL GBP 35,037
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	14 July 2021
f)	Place of the transaction	XLON
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10 pence each GB00BVGBWW93
b)	Nature of the transaction	Sale of 3 5,037 shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.76 GBP 35,037
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.76 GBP 35,037 £26,628.12
e)	Date of the transaction	14 July 2021
f)	Place of the transaction	XLON

- Ends -

For more information, please contact:

Assura plc	Tel: [phone]
Orla Ball, Company Secretary David Purcell, Head of Investor Relations	Email: [e-mail]
Finsbury Gordon Simpson James Thompson	Tel: [phone] Email: [e-mail]

Notes to Editors

Assura plc, a constituent of the FTSE 250 and the EPRA* indices, is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington, works with GPs, health professionals and the NHS to create outstanding spaces for health services in our communities. At 31 March 2021, Assura's property portfolio was valued at 2,453 million.

Further information is available at www.assuraplc.com

* EPRA is a registered trademark of the European Public Real Estate Association
 

Assura plc LEI code: 21380026T19N2Y52XF72

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