Director/PDMR Shareholding

RNS Number : 4991V

S & U PLC

09 April 2019

 

9 April 2019

S & U PLC ("S&U" or "the Company")

Director/PDMR Shareholding

The Company has granted share options in respect of 7,500 ordinary shares of 12.5p each in S & U to a Director of the Company under the Company's 2010 Long Term Incentive Plan ("LTIP").  

The LTIP option awards were all made on 8 April 2019. 

The earliest date the awards will vest is on 8 April 2022 all at an exercise price of 12.5p each.  The vesting of the awards is subject to each person remaining in employment with the Company for three years from the date of the award and meeting challenging performance targets.

The award is as follows:

Name of Director	Number of ordinary shares under LTIP option awarded	Total number of shares over which options held under LTIP and DSOP following notification	Number of ordinary shares owned outright
CH Redford	7,500	15,000	16,000

 The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Redford
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	S&U PLC
b)	LEI	213800QZ1X2A7J64SQ31
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 Identification code	Share options over Ordinary shares of 12.5p each ISIN :   GB0007655037
b)	Nature of the transaction	Grant of share options in respect of 7,500 ordinary shares under the Company's 2010 Long Term Incentive Share Scheme
c)	Price(s) and volume(s)	Option Exercise Price(s) Volume(s) 12.5p 7,500
d)	Aggregated information - Aggregated volume - Price	N/A (Single transaction)
e)	Date of the transaction	8th April 2019
f)	Place of the transaction	Solihull

Enquiries:

Anthony Coombs	S&U plc	c/o Newgate Communications
Financial Public Relations Bob Huxford, Tom Carnegie	Newgate Communications	020 7653 9848
Broker Adrian Trimmings, Rishi Shah, Andrew Buchanan	Peel Hunt LLP	020 7418 8900

 

 

 

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