Director/PDMR Shareholding

RNS Number : 7852I

ITE Group PLC

21 June 2017

 

21 June 2017

ITE Group plc ("ITE") - NOTIFICATION OF TRANSACTIONS OF DIRECTORS', PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

ITE Group plc ('the Company') announces that on 19 June 2017 the following Directors have been awarded Nominal Options over ordinary shares of 1p of ITE Group Plc under the Rules of the 2014 Employees' Performance Share Plan ('PSP') as shown below:

Name	Role	Number of shares granted under the PSP	Total number of options held over ordinary shares following this notification
Mark Shashoua	Chief Executive Officer	434,083	434,083
Andrew Beach	Chief Financial Officer	215,273	215,273

Subject to the terms of the PSP, the awards will vest and become exercisable from the third anniversary of the grant of the awards subject to continued service and to the extent to which the relevant performance conditions were satisfied over the three financial years ended 30 September 2019.

This notification is made pursuant to Disclosure and Transparency Rule 3.1.4.

Contact:

Anneka Kingan, Group Company Secretary  

[e-mail]

[phone]

Notification of Dealing Form:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Shashoua
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	ITE Group Plc
b)	LEI	549300ZOQOW485BCD047
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	Ordinary Shares of 1 pence each
	Identification code	GB0002520509
b)	Nature of the transaction	Grant of 1p cost options under the Company's Employees' Performance Share Plan
c)	Price(s) and volume(s)	Price per share Volume 1p 434,083
d)	Aggregated Information Volume Price	Volume Price per share 434,083 1p
e)	Date of transaction	19 June 2017
f)	Place of transaction	London Stock Exchange (XLON)

Notification of Dealing Form:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Beach
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ITE Group Plc
b)	LEI	549300ZOQOW485BCD047
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	Purchase of Ordinary Shares of 1 pence each
	Identification code	ISIN: GB0002520509
b)	Nature of the transaction	Grant of 1p cost options under the Company's Employees' Performance Share Plan
c)	Price(s) and volume(s)	Price per share Volume 1p 215,273
d)	Aggregated Information Volume Price	Volume Price per share 215,273 1p
e)	Date of transaction	19 June 2017
f)	Place of transaction	London Stock Exchange (XLON)

 

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