Director/PDMR Shareholding

RNS Number : 6941W

Nanoco Group PLC

18 April 2019

 

18 April 2019

NANOCO GROUP PLC

("Nanoco" or the "Company")

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PDMRs

In accordance with the rules of the Company's 2016 deferred bonus plan, Michael Edelman, CEO of the Company, has exercised 108,181 options over ordinary shares of 10p each in the Company ("Ordinary Shares"), granted in November 2016. In order to cover the associated tax liabilities generated by the exercise of these options, 45,797 of these Ordinary Shares have been sold.

The value of the award and the performance targets achieved that resulted in the award were fully disclosed in the Annual Report and Accounts for the year ended 31 July 2016.

Notification of Dealing Form

1.	Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")
a)	Name	MICHAEL EDELMAN
2.	Reason for the notification
a)	Position /status	CHIEF EXECUTIVE OFFICER
b)	Initial notification / amendment	INITIAL NOTIFICATION
3.	Details of the Issuer
a)	Name	NANOCO GROUP PLC
b)	LEI code	213800HOSJEZO1KOCV33
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)	Type of instrument: Identification code	ORDINARY SHARES OF 1O PENCE EACH
		ISIN: GB00B01JLR99
b)	Nature of the transaction	Exercise of options over ordinary shares of 10p each in the Company
c)	Price(s) and volume(s)	Price (s) Volume (s) Nil cost 108,181
d)	Aggregated information:	Aggregated Price Aggregated Volume Aggregated Total N/A N/A N/A
e)	Date of the transaction	18 April 2019
f)	Place of the transaction	LONDON STOCK EXCHANGE

1.	Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")
a)	Name	MICHAEL EDELMAN
2.	Reason for the notification
a)	Position /status	CHIEF EXECUTIVE OFFICER
b)	Initial notification / amendment	INITIAL NOTIFICATION
3.	Details of the Issuer
a)	Name	NANOCO GROUP PLC
b)	LEI code	213800HOSJEZO1KOCV33
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)	Type of instrument: Identification code	ORDINARY SHARES OF 1O PENCE EACH
		ISIN: GB00B01JLR99
b)	Nature of the transaction	Sale of ordinary shares of 10p each in the Company ("Ordinary Shares") to cover associated tax liabilities in connection with the exercise of options over Ordinary Shares
c)	Price(s) and volume(s)	Price (s) Volume (s) 53.5p 45,797
d)	Aggregated information:	Aggregated Price Aggregated Volume Aggregated Total N/A N/A N/A
e)	Date of the transaction	18 April 2019
f)	Place of the transaction	LONDON STOCK EXCHANGE

 

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