Director/PDMR Shareholding

RNS Number : 8095B

ITE Group PLC

11 June 2019

 

11 June 2019

ITE Group plc

('ITE' or 'the Company')

Director/PDMR Shareholding

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

ITE Group plc ('the Company') announces that on 6 June 2019 the following Person Discharging Managerial Responsibility have been awarded Nominal Options over ordinary shares of 1p of ITE Group Plc under the Rules of the ITE Group Plc Employees' Performance Share Plan 2014 (as amended in 2019) ('PSP') as shown below:

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 are satisfied over the three financial years ending 30 September 2021.

The notification set out below has been made in accordance with Article 19 of the EU Market Abuse Regulation.
 

 

Notification of Dealing Form:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Helen Milburn
2	Reason for the notification
a)	Position/status	General Counsel
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 170,000
d)	Aggregated Information Volume Price	Volume Price per share 170,000 1p
e)	Date of transaction	6 June 2019
f)	Place of transaction	London Stock Exchange (XLON)

About ITE Group plc

ITE Group plc was founded in 1991 and is now one of the world's leading organisers of international exhibitions and conferences.

ITE Group's strategic vision is to create the world's leading portfolio of content-driven, must-attend events delivering an outstanding experience and ROI for our customers. In May 2017 the Group launched its Transformation & Growth (TAG) programme, which is designed to transform the Company from a geographic market-share led business to a product-led business that focuses on market-leading events through a centralised operating model, wherever they are in the world. ITE strives to run the best shows and offer the best service to its customers regardless of location. By putting exhibitors and visitors at the heart of everything we do, we plan to drive sustainable growth for our shareholders.

ITE Group is a public limited company and has been listed on the main market of the London Stock Exchange since 1998.

For further information please contact:

ITE Group plc Melissa McVeigh, Director of Communications	[phone]
FTI Consulting Charles Palmer/Harry Staight	[phone]

 

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