Director/PDMR Shareholding

RNS Number : 8094W

Compass Group PLC

13 December 2019

 

 LEI: 2138008M6MH9OZ6U2T68

COMPASS GROUP PLC

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

Compass Group PLC (the "Company") announces the following changes in the interests of a Director of the Company and Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 11 1/20 pence each in the share capital of the Company ("Shares").

The Compass Group PLC Long Term Incentive Plan 2018 (the 'Plan') - Deferred Bonus Share Award

On 12 December 2019, a deferred bonus share award ("Award") of 6,784 Shares was made under the Plan to Karen Witts, Group Chief Financial Officer and an Executive Director of the Company. The Award represents one third of Mrs Witts' annual bonus for the financial year ending 30 September 2019 and was calculated with reference to the mid-market quotation for Shares on 11 December 2019. The Award will vest on the third anniversary of the grant, being 12 December 2022, subject to Mrs Witts remaining employed by the Company on vesting or being considered a good leaver under the rules of the Plan. Dividends paid by the Company between the date of grant and vesting of the Award will accrue and be released as Shares at vesting. No post vesting holding period applies to the Award.

The following notification has been made to the Financial Conduct Authority in accordance with the requirements of the EU Market Abuse Regulation in respect of the above:

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	Karen Witts
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Compass Group PLC
b)	LEI	2138008M6MH9OZ6U2T68
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 11 1/20 pence each in Compass Group PLC GB00BD6K4575
b)	Nature of the transaction	Long Term Incentive Plan - Deferred Bonus Award
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.00 6,784
d)	Aggregated information -Aggregated volume -Price	6,784 GBP 0.00
e)	Date of the transaction	12 December 2019
f)	Place of the transaction	Outside a trading venue

ENDS

Enquiries:

Compass Group PLC

[phone]

Investors/Analysts:     Alison Yapp, Group General Counsel & Company Secretary

                                   Kate Postans, Interim Investor Relations and Corporate Affairs Director

Note to Editors: Compass Group PLC is the world's leading food service company, which generated annual revenues of £25.2 billion in the year to 30 September 2019. It operates in around 45 countries, employs and engages around 600,000 people and serves over 5.5 billion meals a year. The Company specialises in providing food and a range of support services across the core sectors of Business & Industry, Healthcare & Seniors, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.

 

END

 

 

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