Notification of Transactions of Directors

RNS Number : 0618I

SThree plc

19 July 2012

 



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

This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4R(1).

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer

SThree plc

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.4R(1)(a); or

(ii) DTR 3.1.4(R)(1)(c) a disclosure made in accordance with section 793 of the Companies Act 2006; or

(iii) both (i) and (ii)

Both

3. Name of person discharging managerial responsibilities/director

Justin Hughes & Steve Quinn

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

N/A

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

N/A

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

8. State the nature of the transaction

N/A

9. Number of shares, debentures or financial instruments relating to shares acquired

N/A

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/A

13. Price per share or value of transaction

N/A

14. Date and place of transaction

N/A

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

N/A

16. Date issuer informed of transaction

N/A

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

18 July 2012

18. Period during which or date on which it can be exercised

Awards normally vest three years after date of grant, subject to performance targets being met.  To the extent that an award vests it will be capable of exercise at any time from the time at which it vests until the tenth anniversary of the date of grant of the award concerned.

19. Total amount paid (if any) for grant of the option

Nil

20. Description of shares or debentures involved (class and number)

Justin Hughes	68,966 shares subject to an LTIP Award
Steve Quinn	68,966 shares subject to an LTIP Award

All references to shares in the above table are references to ordinary shares of 1p each in the capital of the Company.

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

The exercise price payable to acquire all the shares under an LTIP Award is £1 in aggregate

22. Total number of shares or debentures over which options held following notification

Justin Hughes	215,735 shares
Steve Quinn	214,082 shares

23. Any additional information

Justin Hughes and Steve Quinn were granted share options under the Long Term Incentive Plan (LTIP) reflecting their appointment to the Board of SThree plc in June 2012.

24. Name of contact and telephone number for queries

Sarah Anderson, 0207 268 6025

25. Name and signature of duly authorised officer of issuer responsible for making notification

Laura Newell, Company Secretarial Assistant, SThree plc

26. Date of notification

19 July 2012

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