Director/PDMR Shareholding

RNS Number : 5329I

Softcat PLC

26 November 2018

 

26 November 2018

Softcat plc (the "Company")

Notification of Transactions by

Persons Discharging Managerial Responsibilities

The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to an award of nil-cost options to a person discharging managerial responsibilities ("PDMR") on 21 November 2018 under the Softcat plc Long Term Incentive Plan ("LTIP"). This announcement is made in accordance with Article 19.3 of MAR. 

An award of nil-cost options to acquire 24,166 number of shares was made to Colin Brown, a PDMR, on 21 November 2018 under the LTIP calculated by reference to the closing middle market quotation of the ordinary shares derived from the Daily Official List on the dealing day preceding the date of grant (600.00 pence). The award for Colin Brown will vest subject to continued employment with the Company for three years from the date of grant.

The normal date of vesting for the nil-cost options outlined above will be 21 November 2021 and the last date for exercise will be 20 November 2028.

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Colin Brown
2.	Reason for the notification
a)	Position / status	Managing Director
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Softcat plc
b)	LEI	N/A
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 Identification Code	Ordinary Shares of £0.0005 each ISIN: GB00BYZDVK82
b)	Nature of the transaction	Grant of nil cost option over Ordinary Shares of £0.0005 each under the Softcat plc Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 24,166
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	2018-11-21
f)	Place of the transaction	Outside a trading venue

Softcat plc

26 November 2018

 

END

 

 

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