Director/PDMR Shareholding

RNS Number : 8515E

Compass Group PLC

11 May 2017

 

Legal Entity Identifier (LEI) No. 2138008M6MH9OZ6U2T68

COMPASS GROUP PLC: DIRECTOR/PDMR SHAREHOLDINGS

Compass Group PLC (the "Company") announces the following changes in the interests of a Person Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 5/8 pence each in the share capital of the Company ("Shares").

Long-Term Incentive Plan:  2016/17 Award

On 11 May 2017, an award was made under The Compass Group PLC Long Term Incentive Plan 2010 ("Plan") to Sandra Moura, Group Investor Relations and Corporate Affairs Director, a PDMR, over 17,799 Shares.

The number of Shares shown is the maximum available if the corporate performance conditions for the period, which commenced on 1 October 2016 and ends on 30 September 2019, are satisfied in full.  There will be no retesting of the award.

Under the Plan rules, participants may become entitled to Shares if the Company satisfies stringent corporate performance targets based upon Total Shareholder Return relative to companies in the FTSE 100 index (excluding its financial services constituents), Adjusted Free Cash Flow and Return on Capital Employed; each target relating to one third of an award.

Ms Moura currently holds 4,988 Shares in the Company representing 0.0003% of the issued share capital (excluding treasury shares).

The following notification has been made to the Financial Conduct Authority in accordance with the requirements of the EU Market Abuse Regulation in respect of the above:

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sandra Moura
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Compass Group PLC
b)	LEI	2138008M6MH9OZ6U2T68
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 10.625 pence each GB00BLNN3L44
b)	Nature of the transaction	Long Term Incentive Plan award
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.00 17,799
d)	Aggregated information -Aggregated volume -Price	17,799 0.00
e)	Date of the transaction	11 May 2017
f)	Place of the transaction	Outside a trading venue

ENDS

Enquiries:

Compass Group PLC

[phone]

Investors/Analysts:         Mark J White, General Counsel & Company Secretary

Note to Editors: Compass Group PLC is a world-leading food and support services company, which generated annual revenues of £19.6 billion in the year to 30 September 2016.  It operates in over 50 countries, employs over 500,000 people and serves over 5 billion meals every year.  The Company specialises in providing food and a range of support services across the core sectors of Business & Industry, Healthcare & Seniors, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.

 

END

 

 

DSHSFSSAFFWSEII