Director/PDMR Shareholding

RNS Number : 1042E

Moneysupermarket.com Group PLC

04 April 2014

 



4 April 2014

Moneysupermarket.com Group PLC ("Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with Disclosure and Transparency Rule 3.1.4, the Company announces that on 4 April 2014 it awarded to Matthew Price, for nil cost, 80,645 forfeitable restricted ordinary shares (the "Award Shares") of 0.02 pence each in the share capital of the Company pursuant to a deed of grant.

This award was made in connection with Mr Price's recruitment to the Company to take account of compensation relinquished from Mr Price's previous employer as a result of commencing employment with the Company.

The Award Shares will be held by Appleby Trust (Jersey) Limited as nominee for Mr Price until 4 April 2015, provided that Mr Price remains in employment with the Company until such time.  At that time, the Award Shares will be transferred into Mr Price's name (less any sold to settle tax and national insurance liabilities) but will thereafter remain subject to a sale restriction, pursuant to which Mr Price will only be permitted to sell one-third of the remaining Shares after each of 4 April 2015, 4 April 2016 and 4 April 2017. Mr Price will not be entitled to receive dividends and/or other distributions on the Award Shares until 4 April 2015.

Darren Drabble

Company Secretary

 

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