Director/PDMR Shareholding

RNS Number : 5414T
Workspace Group PLC
21 July 2020
 

21 July 2020

WORKSPACE® GROUP PLC  

DIRECTOR/PDMR SHAREHOLDING

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them

Workspace Group PLC  (the "Company") announces that, on 20 July 2020, it was notified that Graham Clemett (a person discharging managerial responsibility for the Company) had disposed of a number of ordinary shares of £1.00 each in the capital of the Company ("Ordinary Shares") in order to satisfy income tax and national insurance liabilities (and associated costs) arising on the vesting of awards under the Workspace Group PLC Long Term Incentive Plan. An announcement detailing the vesting of awards granted under the Workspace Group PLC Long Term Incentive Plan was released on 20 July 2020.

Following the vesting and subsequent sale of sufficient Ordinary Shares to satisfy income tax and national insurance liabilities (and associated costs), Mr Clemett is required to retain the balance of 30,165 Ordinary Shares for two years from 20 July 2020.

1.

Details of PDMR/person closely associated with them ('PCA')

a)

Name

Graham Clemett

  2.

 Reason for the notification

 

a)

Position/status

Chief Executive Officer

b)

Initial notification/

amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Workspace Group PLC

b)

LEI

2138003GUZRFIN3UT430

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 transaction(s) has been conducted

a)

Descriptionofthe financial instrument

Ordinary Shares of 100p ISIN GB00B67G5X01

 

 

 

 

 

 

 

 

 

 

 

b)

Nature ofthetransaction

Vesting of an award over Ordinary Shares pursuant to the Workspace Group PLC Long Term Incentive Plan

c)

Price(s)and volume(s)


Price(s)

Volume(s)

1. 

584.51p

27,293

 

 

 

d)

Aggregated information

 

N/A

 

 

e)

Date ofthe transaction

20 July 2020

f)

Placeofthe transaction

 

London Stock Exchange, Main Market ( XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHSEWFMSESSESW
UK 100

Latest directors dealings