LTIP Grant of Options

RNS Number : 0779Y

Boot(Henry) PLC

03 May 2019

 

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 30 April 2019, 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 Trevor Sutcliffe	Chief Executive Officer	145,042
Darren Louis Littlewood	Group Finance Director	82,619
Edward James Hutchinson	Managing Director	23,219
David Giles Boot	Managing Director	17,942
Simon Alexander Carr	Managing Director	23,219
Nicholas Joseph Duckworth	Managing Director	25,055

The vesting of the LTIP options granted on 30 April 2019 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 2021 (in line with the Directors' Remuneration Policy adopted at the Company's Annual General Meeting in 2015), and are expected to vest in May 2022.

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 Trevor 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 145,042 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Darren Louis 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 82,619 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Edward James Hutchinson
-	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 23,219 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	David 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 17,942 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Simon Alexander 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 23,219 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nicholas Joseph 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 25,055 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	30 April 2019
f)	Place of the transaction	Outside a trading venue

Enquiries to:

Henry Boot PLC

Amy Oakley, Company Secretary

Tel: [phone]

www.henryboot.co.uk

 

END

 

 

DSHBXGDUUXGBGCX