Director/PDMR Shareholding

RNS Number : 2016V

Compass Group PLC

29 November 2019

 

LEI: 2138008M6MH9OZ6U2T68

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

COMPASS GROUP PLC: DIRECTOR/PDMR SHAREHOLDINGS

Compass Group PLC (the "Company") announces the following changes in the interests of Directors and Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 11 1/20 pence each in the share capital of the Company ("Shares").

Long Term Incentive Plan 2016-17 Award Release

Following satisfaction of the corporate performance conditions in the three years ended 30 September 2019, on 26 November 2019, awards made under The Compass Group Long Term Incentive Plan 2010 ("LTIP 2010") in respect of the 2016/17 financial year subject to Total Shareholder Return, Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions) as made to Executive Committee members as at the date of grant, vested at 100%, and those awards subject to Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions), as made to leadership team members as at the date of grant, vested at 100%. The following Shares were released and issued on 28 November 2019:

Name	Director / PDMR	Shares awarded	Shares vested	Shares sold3	Shares retained
Dominic Blakemore	Director	96,5281	96,528	46,469	50,0594
Gary Green	Director	137,2711	137,271	62,849	74,4224
Robin Mills	PDMR	28,2781	28,278	13,619	14,659
Sandra Moura	PDMR	17,7991	17,799	8,574	9,225
Venkatesh Shantaram	PDMR	11,3782	11,378	5,483	5,895
Mark van Dyck	PDMR	48,6961	48,696	23,448	25,248

^{1 LTIP 2010 awards subject to Total Shareholder Return, Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions).
2 LTIP 2010 awards subject to Adjusted Free Cash Flow and Return on Capital Employed performance conditions (in equal proportions).}

^{3 Shares sold on 28 November 2019 at £18.748194 per Share in order to realise funds to settle resultant tax and social security liabilities arising from such issue.}

^{4 Shares subject to a two year post vest holding period.}

Resultant Shareholdings

Following the transactions detailed above, the total interests in Shares for the Directors and PDMRs noted above are as shown below:

Name	Number of Shares	Percentage of Issued Share Capital (excl. Treasury Shares)
Dominic Blakemore	247,521	0.0156
Gary Green	265,804	0.0168
Robin Mills	37,524	0.0024
Sandra Moura	33,027	0.0021
Venkatesh Shantaram	16,095	0.0010
Mark van Dyck	81,762	0.0052

The following notifications have 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	Dominic Blakemore
2	Reason for the notification
a)	Position/status	Executive director
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 11 1/20 pence each in Compass Group PLC ("Shares")  GB00BD6K4575
b)	Nature of the transaction	Acquisition of 96,528 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 46,469 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. GBP 18.748194 46,469
d)	Aggregated information Aggregated volume Price Total	46,469 GBP 18.748194 GBP 871,209.83
e)	Date of the transaction	28 November 2019
f)	Place of the transaction	London Stock Exchange, Main Market - XLON

 

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	Gary Green
2	Reason for the notification
a)	Position/status	Executive director
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 11 1/20 pence each in Compass Group PLC ("Shares")  GB00BD6K4575
b)	Nature of the transaction	Acquisition of 137,271 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 62,849 Shares at £18.748194  per Share to cover tax and social security obligations on 28 November 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. GBP 18.748194 62,849
d)	Aggregated information Aggregated volume Price Total	62,849 GBP 18.748194 GBP 1,178,305.24
e)	Date of the transaction	28 November 2019
f)	Place of the transaction	London Stock Exchange, Main Market - XLON

 

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	Robin Mills
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 11 1/20 pence each in Compass Group PLC ("Shares")  GB00BD6K4575
b)	Nature of the transaction	Acquisition of 28,278 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 13,619 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. GBP 18.748194 13,619
d)	Aggregated information Aggregated volume Price Total	13,619 GBP 18.748194 GBP 255,331.65
e)	Date of the transaction	28 November 2019
f)	Place of the transaction	London Stock Exchange, Main Market - XLON

 

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 11 1/20 pence each in Compass Group PLC ("Shares")  GB00BD6K4575
b)	Nature of the transaction	Acquisition of 17,799 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 8,574 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. GBP 18.748194 8,574
d)	Aggregated information Aggregated volume Price Total	8,574 GBP 18.748194 GBP 160,747.02
e)	Date of the transaction	28 November 2019
f)	Place of the transaction	London Stock Exchange, Main Market - XLON

 

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	Venkatesh Shantaram
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 11 1/20 pence each in Compass Group PLC ("Shares")  GB00BD6K4575
b)	Nature of the transaction	Acquisition of 11,378 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 5,483 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. GBP 18.748194 5,483
d)	Aggregated information Aggregated volume Price Total	5,483 GBP 18.748194 GBP 102,796.35
e)	Date of the transaction	28 November 2019
f)	Place of the transaction	London Stock Exchange, Main Market - XLON

 

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	Mark van Dyck
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 11 1/20 pence each in Compass Group PLC ("Shares")  GB00BD6K4575
b)	Nature of the transaction	Acquisition of 48,696 Shares pursuant to release of the 2016-17 awards under the Long Term Incentive Plan 2010 vesting at £19.155 per share being the closing price on 26 November 2019, and sale of 23,448 Shares at £18.748194 per Share to cover tax and social security obligations on 28 November 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. GBP 18.748194 23,448
d)	Aggregated information Aggregated volume Price Total	23,448 GBP 18.748194 GBP 439,607.65
e)	Date of the transaction	28 November 2019
f)	Place of the transaction	London Stock Exchange, Main Market - XLON

 

ENDS

Enquiries:

Compass Group PLC

[phone]

Investors/Analysts:     Alison Yapp, Group General Counsel & Company Secretary

                                   Kate Postans, Interim Investor Relations and Corporate Affairs Director

Note to Editors: Compass Group PLC is the world's leading food service company, which generated annual revenues of £25.2 billion in the year to 30 September 2019. It operates in around 45 countries, employs and engages around 600,000 people and serves over 5.5 billion meals a 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

 

 

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