Director/PDMR Shareholding

RNS Number : 1609C

Experian plc

13 June 2019

 

Experian plc

Director/PDMR Shareholding

13 June 2019 - Experian plc, the global information services company (the "Company"), hereby notifies the market that it has received notification (made under article 19.1 of the EU Market Abuse Regulation ("MAR")) of the following transactions in its ordinary shares of 10 US cents each ("ordinary shares") by directors of the Company.

Following the transactions outlined in the individual notifications, Mr Cassin, Mr Pitchford and Mr Williams have retained interests in Experian plc ordinary shares of 585,983, 292,587 and 180,532 respectively.

Co-Investment Plan

In accordance with the terms of the Experian Co-Investment Plan, the Company made awards over its ordinary shares on 12 June 2019 to certain directors by reference to a price of 2,383.4224 pence per share. The awards of deferred matching ordinary shares are subject to performance conditions and the maximum numbers of shares that could vest in the case of each director are set out below.

Name of director	Number of deferred ordinary shares	Maximum number of deferred matching ordinary shares
Brian Cassin	35,675	134,626
Lloyd Pitchford	22,019	83,093
Kerry Williams	55,905	111,810

Note:      The deferred ordinary share awards for Brian Cassin and Lloyd Pitchford were calculated with reference to their bonuses net of tax. The deferred ordinary share award for Kerry Williams was calculated with reference to his gross bonus and will be taxed at the point of vesting. All deferred matching ordinary share awards were calculated on a gross basis and will be taxed at the point of vesting.

Performance Share Plan

In accordance with the terms of the Experian Performance Share Plan, the Company made awards over its ordinary shares on 12 June 2019 to certain directors by reference to a price of 2,397.6667 pence per share. The awards are subject to performance conditions and the maximum number of shares that could vest in the case of each director is set out below.

Name of director	Maximum number of ordinary shares
Brian Cassin	81,120
Lloyd Pitchford	50,048
Kerry Williams	67,338

The following notifications are made in accordance with Article 19.3 of MAR.

1 - Details of the person discharging managerial responsibilities / person closely associated
Natural Person			Brian Cassin
2 - Reason for the notification
Position/status			Director and Chief Executive Officer
Initial notification / Amendment			Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity			Experian plc
Legal Entity Identifier code			635400RXXHHYT1JTSZ26
4 - Details of the transaction(s)
Description of the financial instrument, type of instrument			Ordinary shares of US 10 cents each in Experian plc
Identification Code			GB00B19NLV48
Nature of transaction			(1)    Acquisition of shares, being the award of Invested Shares ("deferred ordinary shares") for market value under the Experian Co-Investment Plan. (2)    Grant of an option to receive shares for nil consideration, being the grant of a Matching Award ("deferred matching ordinary shares") under the Experian Co-Investment Plan. (3)    Grant of a conditional right to receive shares for nil consideration, being the grant of an award under the Experian Performance Share Plan.
Currency			GBP
Prices(s) and volumes(s)			Transaction Price Volume No (1) 2,383.4224 pence 35,675 No (2) Nil 134,626 No (3) Nil 81,120
Aggregated Information			Transaction Price Volume No (1) 2,383.4224 pence 35,675 No (2) and (3) Nil 215,746
Date of Transaction			2019-06-12
Place of transaction			Acquisition: XLON Grant of option and conditional right: Outside a trading venue

1 - Details of the person discharging managerial responsibilities / person closely associated
Natural Person			Lloyd Pitchford
2 - Reason for the notification
Position/status			Director and Chief Financial Officer
Initial notification / Amendment			Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity			Experian plc
Legal Entity Identifier code			635400RXXHHYT1JTSZ26
4 - Details of the transaction(s)
Description of the financial instrument, type of instrument			Ordinary shares of US 10 cents each in Experian plc
Identification Code			GB00B19NLV48
Nature of transaction			(1)    Acquisition of shares, being the award of Invested Shares ("deferred ordinary shares") for market value under the Experian Co-Investment Plan. (2)    Grant of an option to receive shares for nil consideration, being the grant of a Matching Award ("deferred matching ordinary shares") under the Experian Co-Investment Plan. (3)    Grant of a conditional right to receive shares for nil consideration, being the grant of an award under the Experian Performance Share Plan.
Currency			GBP
Prices(s) and volumes(s)			Transaction Price Volume No (1) 2,383.4224 pence 22,019 No (2) Nil 83,093 No (3) Nil 50,048
Aggregated Information			Transaction Price Volume No (1) 2,383.4224 pence 22,019 No (2) and (3) Nil 133,141
Date of Transaction			2019-06-12
Place of transaction			Acquisition: XLON Grant of option and conditional right: Outside a trading venue

1 - Details of the person discharging managerial responsibilities / person closely associated
Natural Person			Kerry Williams
2 - Reason for the notification
Position/status			Director and Chief Operating Officer
Initial notification / Amendment			Initial Notification
3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Full name of the entity			Experian plc
Legal Entity Identifier code			635400RXXHHYT1JTSZ26
4 - Details of the transaction(s)
Description of the financial instrument, type of instrument			Ordinary shares of US 10 cents each in Experian plc
Identification Code			GB00B19NLV48
Nature of transaction			(1)   Grant of a conditional right to receive shares for nil consideration, being the grant of Deferred Shares ("deferred ordinary shares") under the Experian Co-Investment Plan. (2)   Grant of a conditional right to receive shares for nil consideration, being the grant of a Matching Award ("deferred matching ordinary shares") under the Experian Co-Investment Plan. (3)   Grant of a conditional right to receive shares for nil consideration, being the grant of an award under the Experian Performance Share Plan.
Currency			GBP
Prices(s) and volumes(s)			Transaction Price Volume No (1) Nil 55,905 No (2) Nil 111,810 No (3) Nil 67,338
Aggregated Information			Price Volume Nil 235,053
Date of Transaction			2019-06-12
Place of transaction			Outside a trading venue

Contact:

Experian

Ronan Hanna

Deputy Company Secretary

[phone]

About Experian

Experian is the world's leading global information services company. During life's big moments - from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.

We have 17,200 people operating across 44 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.

Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.

Neither the content of the Company's website, nor the content of any website accessible from hyperlinks on the Company's website (or any other website), is incorporated into, or forms part of, this announcement.

 

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