29 January 2014
Assura Group Limited ("the Company")
Notification of Vesting of Share Award to Person Discharging Managerial Responsibility
Further to the announcement on 29 January 2013, the first tranche of an award of Ordinary Shares made to the Finance Director, Jonathan Murphy, has vested under the terms of The Executive Recruitment Plan. The shares awarded under the plan vest in three annual instalments provided Mr. Murphy is still in employment with the Company at the respective annual vesting date.
153,334 Ordinary Shares have vested under the first tranche of the award. Under the scheme rules sufficient shares may be liquidated in order to meet the taxation requirements of the award. As a result 72,067 shares have been sold by the Assura Group Limited Employee Benefit Trust at 39.55 pence per Ordinary Share.
Following the transaction Mr. Murphy has an interest in 281,267 shares, representing 0.05% of the Company's issued share capital.
This notification is made in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).
-ENDS-
Enquiries
Assura Group Limited |
Tel: 01925 420660 |
Carolyn Jones |
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RLM Finsbury |
Tel: 0207 251 3801 |
Gordon Simpson |
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Notes to Editors
Assura Group is a long-term investor in and developer of primary care property. The company, headquartered in Warrington and listed on the London Stock Exchange, works with GPs, health professionals and the NHS to create innovative property solutions in order to facilitate delivery of high quality patient care in the community. At 30 September 2013, Assura Group's property portfolio was valued at £651 million.
Further information is available at www.assuragroup.co.uk