Director/PDMR Shareholding

RNS Number : 9107O

Cenkos Securities PLC

11 November 2016

 

11 November 2016

Cenkos Securities plc

("Cenkos" or the "Company")

Award of shares under Share Incentive Plan and Directors' Dealings

The Company was notified on 9 November 2016 that, on 8 November 2016, Capita IRG Trustees Limited, the independent trustee of the Company's HMRC Approved Share Incentive Plan ("SIP"), requested, in accordance with the SIP's rules and on behalf of SIP participants, that it be awarded 9,853 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), at a price of 74.50 pence per Ordinary Share to meet its obligations under the SIP. Under the terms of the SIP, participating members, including employees and Directors of the Company, could elect to automatically reinvest the dividend payments that it receives under the SIP. In order to satisfy this commitment, shares have been transferred from existing holdings held under the Cenkos Employee Benefit Trust to the SIP.

All Executive Directors participate in the SIP, and other than Nick Wells, had each previously elected to automatically reinvest the dividend payments that they receive in respect of Ordinary Shares held under the SIP. Hence each of Jim Durkin, Paul Hodges, Jeremy Warner Allen, Joe Nally and Mike Chilton (the "Participating Directors") have been awarded 157 Ordinary Shares each at a price of 74.50 pence per Ordinary Share (the "SIP Dividend Shares"). Following the award of the SIP Dividend Shares, the  Participating Directors' shareholdings in the Company are as set out in the table below.

Directors	Number of Ordinary Shares awarded from dividends being reinvested	Price per Ordinary Share (pence)	Total number of Ordinary Shares held	% of issued ordinary share capital
Paul Hodges	157	74.50	5,092,050	8.98%
Jim Durkin	157	74.50	4,984,693	8.79%
Jeremy Warner Allen	157	74.50	1,381,983	2.44%
Joe Nally	157	74.50	1,066,633	1.88%
Mike Chilton	157	74.50	21,319	0.04%

As at 11 November 2016, the Company has 56,694,783 Ordinary Shares in issue.

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail in relation to the award of the SIP Shares to the Participating Directors.

Enquiries:

Jim Durkin                                                                                      [phone]

Chief Executive Officer       

Cenkos Securities plc

Dr Azhic Basirov / David Jones / Ben Jeynes                    [phone]

Nominated Adviser

Smith & Williamson Corporate Finance Limited

David Rydell / Duncan Mayall / James Newman           [phone]

Bell Pottinger            

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jim Durkin
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.745	157
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	11 November 2016
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Hodges
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.745	157
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	11 November 2016
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jeremy Warner Allen
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.745	157
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	11 November 2016
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joe Nally
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.745	157
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	11 November 2016
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mike Chilton
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.745	157
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	11 November 2016
f)	Place of the transaction	Outside of a trading venue

 

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