Director/PDMR Shareholding

RNS Number : 8016J

Softcat PLC

21 December 2015

Softcat plc (the "Company")

Notification of Transactions by

Persons Discharging Managerial Responsibilities

Pursuant to the notification obligations under Disclosure and Transparency Rule 3.1.4, the Company hereby notifies the following changes in the interests of directors and persons discharging managerial responsibility ("PDMRs") in Ordinary Shares of £0.0005 each in the Company ("Shares") on 21 December 2015.

Softcat plc Long Term Incentive Plan

On 21 December 2015, awards under the Company's Long Term Incentive Plan (the "LTIP") were made as set out in the table below.

The awards were made as nil-cost options and the number of shares over which each nil-cost option was awarded has been calculated by reference to the Company's IPO Offer Price, as permitted under the LTIP rules and referred to in the IPO prospectus published on 13 November 2015.

These nil-cost options are subject to the rules of the LTIP and will vest depending on performance against Total Shareholder Return ("TSR") and Earnings per Share ("EPS") targets as measured over a three year performance period.

The normal date of vesting for these nil-cost options will be 21 December 2018 and the last date for exercise will be 20 December 2025, with dividend equivalents payable in respect of the vesting of nil-cost options in accordance with the rules of the LTIP.