Hays plc (the "Company") has been notified that, on 30 November 2018, Mrs Merete Cox, spouse of (and Person Closely Associated with) PDMR, Alistair Cox, Chief Executive of the Company, sold 1,100,000 shares in the Company on the London Stock Exchange at a price of 157.3579 pence per share. This divestment was part of a planned asset diversification strategy.
Alistair Cox retains an interest in 3,923,527 ordinary shares in the Company, owned beneficially or subject to a holding period, with a value of 834% of his salary, and interests through the Company's performance-based incentive schemes and options in a further 2,129,742 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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Merete Cox
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b)
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Position/status |
PCA to Alistair Cox, CEO, 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 1,100,000 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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30 November 2018 |
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f)
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Place of the transaction
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London Stock Exchange |