Director/PDMR Shareholding

RNS Number : 8157I
Crest Nicholson Holdings PLC
23 March 2018
 

Crest Nicholson Holdings plc
(the "Company")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Patrick Bergin

Reason for the notification

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Crest Nicholson Holdings plc

LEI

213800ROIFXRRRKVQD25

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 £0.05

 

 

GB00B8VZXT93

b)

Nature of the transaction

 

Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long Term Incentive Plan ("LTIP").

 

c)

Price(s) and volume(s)

Price(s)    

 

GBP Nil

 

 

Volume(s)

 

150,898

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

Price(s)    

 

GBP Nil

 

 

Volume(s)

 

150,898

Date of the transaction

2018-03-22

f)

Place of the transaction

Outside a trading venue

 

Further information:

 

The award was calculated based on the closing middle market share price on 21 March 2018 in accordance with the rules of the Plan, and based on Mr Bergin's salary as Chief Executive Officer following his taking over the role on 22 March 2018. Details of the performance conditions can be found in the Company's 2017 Annual Integrated Report published on 12th February 2018.

 

Enquiries:

 

Kevin Maguire

Company Secretary

 

01932 580 555


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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