Deferred Share Awards to Executive Directors

RNS Number : 0798N

Eco Animal Health Group PLC

27 September 2021

 

27 September 2021

ECO Animal Health Group PLC

("ECO" or "the Company")

Deferred Share Awards to Executive Directors

ECO Animal Health Group plc announces that on 24 September 2021, deferred nominal cost share awards over 37,755 ordinary shares in the Company (representing approximately 0.05 percent of the Company's issued share capital) were granted in accordance with the rules of Company's Deferred Bonus Plan ("DBS") to the Executive Directors listed below. The awards represent 33% of the aggregate bonus awards earned by these Directors in respect of the Company's financial year ended 31 March 2021. Subject to the terms and conditions of the DBS, the deferred share awards may vest after a 3 year vesting period.  

Director	Position	Number of Deferred  Share Awarded
Marc Loomes	Chief Executive Officer	22,973
Christopher Wilks	Chief Financial Officer	14,782

As indicated in the Circular to shareholders dated 4 February 2021 the DBS has been established to allow the Remuneration Committee to require a significant part of the annual bonuses awarded to Executive Directors to be deferred in exchange for nominal cost share awards.

For further information please contact:

ECO Animal Health Group plc Marc Loomes (CEO) Christopher Wilks (CFO)	020 8447 8899
IFC Advisory Graham Herring Zach Cohen	020 3934 6630
Singer Capital Markets (Nominated Adviser & Joint Broker) Mark Taylor George Tzimas	020 7496 3000
Peel Hunt LLP (Joint Broker) James Steel Dr Christopher Golden	020 7418 8900

PDMR Notification - ECO LTIP Nominal Cost Conditional Share Awards

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	1.  Marc Loomes 2.  Chris Wilks
2.	Reason for the notification
a.	Position/status	1.  Chief Executive Officer 2.  Chief Financial Officer
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Eco Animal Health Group Plc
b.	LEI	2138009XN9DJ3YP70B55
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 5p each. GB0032036807
b.	Nature of the transaction	Award of deferred nominal cost share awards in accordance with the Company's DBS.  These shares may vest after a 3 year vesting period subject to the rules of the DBS.
c.	Price(s) and volume(s)	Numbers 1 to 2 in the left-hand column correspond to the relevant PDMR as detailed in boxes 1a and 2a above. Price(s) Volume(s) 1. 5p 22,973 2. 5p 14,782
d.	Aggregated information Aggregated volume Price	n/a
e.	Date of the transaction	24 September 2021
f.	Place of the transaction	Outside a trading venue.

 

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