Director/PDMR Shareholding

RNS Number : 0061L

ITE Group PLC

19 December 2018

 

19 December 2018                      

ITE Group plc

('ITE' or 'the Company')

Director/PDMR Shareholding

ITE GROUP PLC - NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

ITE Group plc ('the Company') announces that on 18 December 2018 the following Directors were granted awards (in the form of conditional share awards) over ordinary shares of 1p of ITE Group plc under the Rules of the 2017 Deferred Share Bonus Plan ('DSBP') as shown below:

Name	Role	Number of shares granted under the DSBP
Mark Shashoua	Chief Executive Officer	384,371
Andrew Beach	Chief Financial Officer	179,372

Subject to the terms of the DSBP, the awards will vest on the third anniversary of the grant of the awards subject to continued service. 

Notification of Dealing form

1.	Details of PDMR / PCA
a)	Name	Mark Shashoua
b)	Position / status	CEO
c)	Initial notification / amendment	Initial
2.	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	Grant of deferred share bonus award over ordinary shares
b)	Nature of the transaction	Grant of conditional share award under the Company's Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 384,371
d)	Aggregated information Aggregated volume -     Price	384,371 Nil
e)	Date of the transaction	2018-12-18
f)	Place of the transaction	London Stock Exchange

Notification of Dealing From

1.	Details of PDMR / PCA
a)	Name	Andrew Beach
b)	Position / status	CFO
c)	Initial notification / amendment	Initial
2.	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	Grant of deferred share bonus award over ordinary shares
b)	Nature of the transaction	Grant of conditional share award under the Company's Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 179,372
d)	Aggregated information Aggregated volume -     Price	179,372 Nil
e)	Date of the transaction	2018-12-18
f)	Place of the transaction	London Stock Exchange

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