Director/PDMR Shareholding

RNS Number : 2168E

Superdry PLC

16 October 2018

 

SuperdryPlc

("Superdry" or "the Company")

16 October 2018

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")

Superdry Performance Share Plan ("PSP"): Vesting of 2015 Conditional Share Awards

On 15 October 2018, the conditional share award granted over the ordinary shares of 5 pence each ("Ordinary Shares") in the capital of Superdry on 15 October 2015 under the Superdry 2015 PSP, vested in accordance with the PSP rules at 100 per cent. 

The PDMR named below received 25,606 Ordinary Shares in satisfaction of the vesting of their award under the 2015 PSP. In order to settle the income tax, national insurance liability and dealing charges incurred as a result of their award vesting they subsequently sold 12,078 Ordinary Shares, retaining the balance of 13,528 Ordinary Shares.

The PDMRs notified the Company of the above transaction on 16 October 2018.

The Company makes this announcement, including the notification(s) below, in accordance with the requirements of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paula Kerrigan
2	Reason for the notification
a)	Position/status	Group Strategy and Transformation Director /PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Superdry Plc
b)	LEI	213800GAQMT2WL7BW361
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	Ordinary shares of 5 pence each ISIN: GB00B60BD277
b)	Nature of the transaction	Vesting of conditional share award under the Superdry 2015 Performance Share Plan. Shares acquired and then sold.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.i. Acquired 1.ii. Sold at £8.065083 1.i. 25,606 1.ii. 12,078
d)	Aggregated information	Price(s) Aggregated volume (s) 1.   £97,410.07 1.   12,078
e)	Date of the transaction	15 October 2018
f)	Place of the transaction	London Stock Exchange (XLON)

For further information:
Superdry Plc
Simon Callander Group General Counsel and Company Secretary	[phone]

 

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