Director/PDMR Shareholding

RNS Number : 0848Q
Future PLC
24 November 2016
 

Future plc
24 November 2016

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The attached individual notifications made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the grant of awards under the terms of the Future plc Performance Share Plan ("PSP") to a person discharging managerial responsibilities ("PDMR"). This announcement is made in accordance with article 19.3 of MAR.

The PSP Award will vest three years from the date of grant, at no cost to the participant, in accordance with the rules of the PSP subject to the PSP scheme rules and performance targets having been met. Vesting of the PSP Award is subject to both profit (EBITDAE) and share price performance conditions.  The number of Shares shown below represents the maximum if all the performance conditions are achieved in full.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 Zillah Byng-Thorne

2

 

Reason for the notification

 

a)

 

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

a)

 

Name

 

Future plc

b)

 

LEI

 

n/a

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 1p each

 

GB0007239980

 

b)

 

Nature of the transaction

 

Issuance of share awards under the PSP. Subject to performance conditions, the award will vest on 23 November 2019.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

Nil

7,945,516

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

7,945,516 

 

 

Nil

 

e)

 

Date of the transaction

 

23 November 2016

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

Penny Ladkin-Brand

Chief Financial Officer

(Responsible for releasing this announcement)

24 November 2016

 

 

 


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