Hays plc (the "Company") has been notified that, on 7 September 2018, Paul Venables, Finance Director of the Company, sold 1,019,390 shares in the Company on the London Stock Exchange at a price of 203.995 pence per share. This divestment was part of a planned asset diversification strategy.
Mr Venables retains an interest in 1,619,825 ordinary shares in the Company, owned beneficially or subject to a holding period, with a value of 609% of his salary, and interests through the Company's options and performance-based incentive schemes in a further 1,741,607 shares in the Company.
This significantly exceeds his requirement to hold shares valued at over 200% of salary.
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Paul Venables
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b)
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Position/status |
FD, PDMR |
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c)
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Initial notification /Amendment |
Initial Notification |
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2
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Hays plc |
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b) |
LEI |
213800QC8AWD4BO8TH08
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3
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 1p each
ISIN Code: GB0004161021
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b)
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Nature of the transaction
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The on-market sale of 1,019,390 ordinary shares in Hays plc.
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c)
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Price(s) and volume(s)
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d)
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Aggregated information - Aggregated volume - Price |
N/A
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e)
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Date of the transaction
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7 September 2018 |
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f)
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Place of the transaction
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London Stock Exchange |