Notification of Vesting of Share Award to PDMR

RNS Number : 4916N

Assura PLC

29 January 2016

 

29 January 2016

Assura plc ("the Company")

Notification of Vesting of Share Award to Person Discharging Managerial Responsibility

Further to the announcement on 29 January 2013, the third and final tranche of the nil cost contingent award of Ordinary Shares made to the Finance Director, Jonathan Murphy, has vested under the terms of The Executive Recruitment Plan. The shares awarded under the plan vest in three annual instalments provided Mr. Murphy is still in employment with the Company at the respective annual vesting date. The first tranche vested on 29 January 2014 and the second tranche vested on 29 January 2015.

153,334 Ordinary Shares have vested today under the third tranche of the award. Under the scheme rules sufficient shares may be liquidated in order to meet the taxation requirements of the award. As a result 72,067 shares have been sold by the Assura plc Employee Benefit Trust at 53.89 pence per Ordinary Share.

Following the transaction Mr. Murphy has an interest in 957,517 shares, representing 0.06% of the Company's issued share capital.

This notification is made in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).

-ENDS-

Enquiries

Assura plc	Tel: [phone]
Carolyn Jones
Finsbury	Tel: [phone]
Gordon Simpson

Notes to Editors

Assura plc, a constituent of the FTSE 250, is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington, works with GPs, health professionals and the NHS to create innovative property solutions in order to facilitate delivery of high quality patient care in the community. At 30 September 2015, Assura's property portfolio was valued at £1,030 million.

Further information is available at www.assuraplc.com

 

END

 

 

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