Exercise of Nil Cost Options under PSP

RNS Number : 4001S

Assura PLC

13 July 2022

 

13 July 2022

Assura plc

Exercise of Nil Cost Options under PSP

Assura plc ("Assura"), the leading primary care property investor and developer announces that on 13 July 2022, the PDMRs listed below exercised their 2019 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	299,937	(144,720)	(30,000)	-	125,217
Jayne Cottam	168,572	(81,336)	-	-	87,236
Orla Ball	29,106	(14,044)	-	(15,062)	-
Patrick Lowther	39,693	(19,152)	-	(20,541)	-
Simon Oborn	23,032	(11,113)	-	(11,919)	-

The Remuneration Committee of Assura had agreed that sufficient shares may be sold by each PDMR to cover the arising income tax and national insurance liabilities, that Mr Murphy could sell 30,000 shares to make a contribution to the Assura Community Fund and that Ms Ball, Mr Lowther and Mr Oborn could sell their shares in full. The relevant market price for taxation purposes is £0.6658 per share.

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

	Shareholding on 12 July 2022	Shareholding  post exercise
Jonathan Murphy	2,612,795	2,738,012
Jayne Cottam	4 89,678	5 76,914
Orla Ball	1 1,534	1 1,534
Patrick Lowther	9,185	9 ,185
Simon Oborn	11,534	1 1,534

Following the allotment, Mr Murphy transferred 125,217 shares to his wife and Ms Cottam transferred 87,236 shares to her husband. The 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 2 99,937
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	13 July 2022
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 174,720 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) £0.6658 GBP 174,720
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.6658 GBP 174,720 £116,628.58
e)	Date of the transaction	13 July 2022
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 125,217 shares to Mr Murphy's wife.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.6658 GBP 125,217
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.6658 GBP 125,217 £83,369.48
e)	Date of the transaction	13 July 2022
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 168,572
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	13 July 2022
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 81,336 shares to satisfy tax and national insurance liabilities
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.6658 GBP 8 1,336
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.6658 GBP 8 1,336 £54,153.51
e)	Date of the transaction	13 July 2022
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 87,236 shares to Ms Cottam's husband.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.6658 GBP 87,236
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.6658 GBP 87,236 £58,081.73
e)	Date of the transaction	13 July 2022
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	O rla 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 29,106
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	13 July 2022
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 29,106 shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.6658 GBP 29,106
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.6658 GBP 29,106 £19,378.77
e)	Date of the transaction	13 July 2022
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Patrick Lowther
2	Reason for the notification
a)	Position/status	Head of Strategy & Markets
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 39,693
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	13 July 2022
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 39,693 shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.6658 GBP 39,693
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.6658 GBP 39,693 £26,427.60
e)	Date of the transaction	13 July 2022
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Simon Oborn
2	Reason for the notification
a)	Position/status	Head of Property Management & Investment
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 23,032
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	13 July 2022
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 23,032 shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.6658 GBP 23,032
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total £0.6658 GBP 23,032 £15,334.71
e)	Date of the transaction	13 July 2022
f)	Place of the transaction	XLON

- ENDS -

For more information, please contact:

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

Notes to Editors

Assura plc is a national healthcare premises specialist and UK REIT based in Warrington, UK - caring for more than 600 primary healthcare buildings, from which almost seven million patients are served.

A constituent of the FTSE 250 and the EPRA* indices, as at 31 March 2022, Assura's portfolio was valued at £2,752 million.

At Assura, we BUILD for health. Assura builds better spaces for people and places, invests in skills and inspires new ways of working, and unlocks the power of design and innovation to deliver lasting impact for communities - aiming for six million people to have benefitted from improvements to and through its healthcare buildings by 2026. 

Assura is leading for a sustainable future, targeting net zero carbon across its portfolio by 2040.

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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