Vesting of EIP share awards April 2022

RNS Number : 4232J

TClarke PLC

26 April 2022

 

TClarke plc
("the Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that the following Executive Directors and members of the Group Management Board of the Company today received nil cost conditional share awards over ordinary shares of 10p each in Company ("Shares") pursuant to the vesting of awards granted on 24^th April 2019 under the TClarke plc Equity Incentive Plan ("EIP"), which vested in full on 24^th April 2022. The Executive Directors and members of the Group Management Board also received dividend equivalent shares on the Shares vesting in accordance with the rules of the EIP.

On the maturity of the awards, the tax and NI liabilities arising were net settled and a portion of the Shares were withheld for each of the recipients. The balance of Shares due to each recipient was then transferred into the recipients' names by the Trustee of the TClarke Employee Share Ownership Trust, as indicated below:

Formal notifications in respect of the Executive Directors and Group Management Board are below: 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Mark Lawrence 2 Reaso n for thenotification a) Position/status Group Chief Executive Officer and Executive Director (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 71,623 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2022-04-26 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Mike Crowder 2 Reaso n for thenotification a) Position/status Group Managing Director and Executive Director (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 61,109 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2022-04-26 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Trevor Mitchell 2 Reaso n for thenotification a) Position/status Group Finance Director and Executive Director (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 53,282 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2022-04-26 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Garry Julyan 2 Reaso n for thenotification a) Position/status Group Management Board member (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 30,007 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2022-04-26 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Kevin Mullen 2 Reaso n for thenotification a) Position/status Group Management Board member (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 30,007 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2022-04-26 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Andy Griffiths 2 Reaso n for thenotification a) Position/status Group Management Board member (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 18,004 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2022-04-26 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Rob Faro 2 Reaso n for thenotification a) Position/status Group Management Board member (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 18,004 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2022-04-26 f) Place ofthetransaction Outside a trading venue 1 Deta ils  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Na me Anton Malia 2 Reaso n for thenotification a) Position/status Group Management Board member (PDMR). b) I nitial notification/Amendment Initial notification 3 Deta ilsoftheissuer,emissionallowancemarketparticipant,auctionplatform, auctioneer or auction monitor a) Na me TClarke plc b) L E I 213800OIP8MU517BK123 4 Deta ilsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument; (ii )eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeen conducted a) Descriptio n ofthe financialinstrument,type of instrument I d e ntification code Ordinary shares of 10 pence each GB0002015021 b) Natureofthetransaction Vesting of conditional share award and associated dividend equivalent shares under the TClarke plc Equity Incentive Plan c) Price(s ) and volume(s) Price(s) Volume(s) Nil 18,004 d) Aggr e g ate d information - Aggr e g a tedvolume - Price N/A (single transaction) e ) Dateofthetransaction 2022-04-26 f) Place ofthetransaction Outside a trading venue For further information contact: TClarke plc Mark Lawrence - Group Chief Executive Trevor Mitchell - Group Finance Director Tel: [phone] www.tclarke.co.uk Cenkos Securities plc (Corporate Broker) Ben Jeynes (Corporate Finance) Alex Pollen (Sales) Tel: [phone] www.cenkos.com RMS Partners Simon Courtenay Tel: [phone]

26^th April 2022

 

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