Director/PDMR Shareholding

RNS Number : 8680Q

Workspace Group PLC

22 June 2015

 

Workspace Group PLC

Director/PDMR Shareholding      

22 June 2015

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.	Name of the issuer Workspace Group PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).   (i) above
3.	Name of person discharging managerial responsibilities/director Graham Clemett Angus Boag Chris Pieroni	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 Holding in respect of persons referred in 3 above	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares Ordinary Shares of £1 each
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 Vesting of an award of shares to the persons listed in 3 above pursuant to the Workspace Group PLC Long Term Incentive Plan. No consideration is payable for the shares. As a result of the vesting of the award of shares to the persons listed in 3 above, a number of shares included within 11 below were disposed of to satisfy the tax and national insurance liabilities (and associated dealing costs)  arising on vesting. This equated to 94,130 shares for Mr Clemett and 84,718 shares for each of Messrs Pieroni and Boag. In addition, Mr Clemett disposed of 10,000 shares from the balance of shares vesting under the LTIP award, whilst Messrs Boag and Pieroni each disposed of 93,634 shares.
9.	Number of shares, debentures or financial instruments relating to shares acquired Director/PDMR        No. of shares    % of share                                                            Capital     Graham Clemett 198,168         0.122% Angus Boag        178,352         0.110% Chris Pieroni       178,352          0.110%	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) See 9.
11.	Number of shares, debentures or financial instruments relating to shares disposed Director/PDMR        No. of shares    % of share                                                            Capital    Graham Clemett  104,130           0.064% Angus Boag        178,352           0.110% Chris Pieroni       178,352           0.110%	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) See 11
13.	Price per share or value of transaction £8.79	14.	Date and place of transaction Shares awarded to participants listed in 3 above on 22 June 2015 London
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) Director/PDMR        No. of shares    % of share                                                           capital Graham Clemett      167,197      0.103% Angus Boag            311,206      0.192%  Chris Pieroni            173,263     0.107%	16.	Date issuer informed of transaction 22  June 2015

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

17	Date of grant	18.	Period during which or date on which exercisable
19.	Total amount paid (if any) for grant of the option	20.	Description of shares or debentures involved (class and number)
21	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise	22.	Total number of shares or debentures over which options held following notification

23.

Any additional information

24

Name of contact and telephone number for queries Carmelina Carfora

Name of authorised official of issuer responsible for making notification   Carmelina Carfora Date of notification     22 June 2015

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(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.

 

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