Director/PDMR Shareholding

RNS Number : 8442O

CMC Markets Plc

11 February 2016

 

11 February 2016

CMC MARKETS PLC ("CMC") 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

In accordance with the UK Financial Conduct Authority's Disclosure Rules and Transparency Rules ("DTRs"), CMC announces that as of 11 February 2016 the Directors of the Company and Persons Discharging Managerial Responsibilities ("PDMRs") have the following interests in CMC's ordinary shares ("Shares"):

Name of Director/ PDMR/ Connected Person	Number of Shares prior to Admission	Number of Shares sold pursuant to the Offer	Number of Shares immediately following Admission[1]
Peter Cruddas	249,610,638[2]	69,680,732[3]	179,929,906[4]
David Fineberg	21,688	0	21,688
Simon Waugh	0	0	25,000
Manjit Wolstenholme	0	0	12,500
Malcolm McCaig	0	0	12,500
Notes: (1) Admission occurred on 10 February 2016 (2) Includes an interest in 68,816,298 Shares held by Fiona Cruddas (3) Includes an interest in 54,041,766 Shares held by Fiona Cruddas (4) Post-Admission shareholding includes an interest in 14,774,532 Shares held by Fiona Cruddas and a right to re-delivery under a Stock Lending Agreement with Morgan Stanley & Co. International Plc and Goldman Sachs Strategic Investments (U.K.) Limited in respect of 6,797,607 Shares.

On 10 February 2016, as disclosed in the Prospectus, Simon Waugh, Manjit Wolstenholme and Malcolm McCaig, Non-Executive Directors of CMC, were issued and allotted ordinary shares in CMC at a price of £2.40 per share.

In addition to the interests set out above, effective as of 10 February 2016, Grant Foley, Chief Financial Officer and Head of Risk of CMC, and David Fineberg, Group Director of Trading of CMC, were granted awards over ordinary shares of CMC under the CMC Management Equity Plan 2015 ("Management Equity Plan"), as follows:

PDMR	Value of shares under awards at IPO offer price of £2.40 per share
Grant Foley	£883,560
David Fineberg	£1,249,680

·      The grant of awards under the Management Equity Plan was for nil consideration. 

·      The vesting of such awards is not subject to the satisfaction of a performance condition. These awards will vest as to half on each of the first and second anniversary of Admission.

This notification is made pursuant to DTR 3.1.4. CMC was notified of the above transactions on 11 February 2016.

Enquiries:

Jonathan Bradshaw Company Secretary CMC Markets plc

Tel: [phone]

 

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