LTIP Grant of Options

RNS Number : 2228M

Boot(Henry) PLC

26 April 2018

 

HENRY BOOT PLC

('Henry Boot', 'the Company' or 'the Group')

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities

LTIP Grant of Options

Henry Boot PLC (BOOT.L) announces that on 25 April 2018, the Company granted nil-cost options over ordinary shares of 10 pence each ("Shares") pursuant to the Henry Boot PLC Long Term Incentive Plan 2015 ("LTIP") to the Company's Executive Directors and PDMRs, as set out below. 

Name	Position	Maximum number of shares under option
John Sutcliffe	Chief Executive Officer	132,502
Darren Littlewood	Group Finance Director	67,950
David Anderson	Managing Director	10,000
Giles Boot	Managing Director	10,000
Simon Carr	Managing Director	10,000
Russell Deards	Company Secretary	10,000
Nick Duckworth	Managing Director	10,000

The vesting of the LTIP options granted on 25 April 2018 are subject to the satisfaction of performance criteria based on the Company's Total Shareholder Return, ROCE and EPS growth above inflation growth, measured over a three-year period ending on 31 December 2020 (in line with the Directors' Remuneration Policy adopted at the Company's Annual General Meeting in 2015), and are expected to vest in June 2021.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

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	John Sutcliffe
-	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	Henry Boot PLC
b)	LEI	213800H5873O9TC3XT22
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 10p each GB0001110096
b)	Nature of the transaction	Grant of options over ordinary shares, pursuant to the Company's Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s)  n/a  options over 132,502 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Darren Littlewood
-	Reason for the notification
a)	Position/status	Group Finance Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Henry Boot PLC
b)	LEI	213800H5873O9TC3XT22
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 10p each GB0001110096
b)	Nature of the transaction	Grant of options over ordinary shares, pursuant to the Company's Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s)  n/a  options over 67,950 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	David Anderson
-	Reason for the notification
a)	Position/status	PDMR of the Company
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Henry Boot PLC
b)	LEI	213800H5873O9TC3XT22
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 10p each GB0001110096
b)	Nature of the transaction	Grant of options over ordinary shares, pursuant to the Company's Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s)  n/a options over 10,000 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Giles Boot
-	Reason for the notification
a)	Position/status	PDMR of the Company
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Henry Boot PLC
b)	LEI	213800H5873O9TC3XT22
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 10p each GB0001110096
b)	Nature of the transaction	Grant of options over ordinary shares, pursuant to the Company's Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s)  n/a  options over 10,000 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Simon Carr
-	Reason for the notification
a)	Position/status	PDMR of the Company
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Henry Boot PLC
b)	LEI	213800H5873O9TC3XT22
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 10p each GB0001110096
b)	Nature of the transaction	Grant of options over ordinary shares, pursuant to the Company's Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s)  n/a  options over 10,000 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Russell Deards
-	Reason for the notification
a)	Position/status	Company Secretary
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Henry Boot PLC
b)	LEI	213800H5873O9TC3XT22
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 10p each GB0001110096
b)	Nature of the transaction	Grant of options over ordinary shares, pursuant to the Company's Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s)  n/a options over 10,000 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nick Duckworth
-	Reason for the notification
a)	Position/status	PDMR of the Company
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Henry Boot PLC
b)	LEI	213800H5873O9TC3XT22
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 10p each GB0001110096
b)	Nature of the transaction	Grant of options over ordinary shares, pursuant to the Company's Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s)  n/a  options over 10,000 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	25 April 2018
f)	Place of the transaction	Outside a trading venue

Enquiries to:

Henry Boot PLC

Russell Deards, Company Secretary

Tel: [phone]

www.henryboot.co.uk

 

END

 

 

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