On 6 August 2018, the company was notified, that Zillah Byng-Thorne, Chief Executive Officer of Future plc, sold 12,266 nil paid rights, pursuant to the 3 for 4 rights issue of 34,881,368 new ordinary shares at 303 pence per new ordinary share ("Rights Issue").
Zillah Byng-Thorne intends to take up the remaining nil paid rights under the Rights Issue, representing over 80% of her nil paid rights in respect of her shareholding.
Notification and public disclosure of transactions by persons discharging managerial responsibilities
The attached individual notifications made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the acquisition of shares by a person discharging managerial responsibilities ("PDMR"). This announcement is made in accordance with article 19.3 of MAR.
Notification and public disclosure of transactions by persons discharging managerial responsibilities
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Zillah Byng-Thorne |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification /Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Future plc |
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b) |
LEI |
213800K2581YRLEXV353 |
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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 |
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a)
|
Description of the financial instrument, type of instrument Identification code |
Nil paid rights to acquire new ordinary shares of 15p each, at 303p each GB00BF2S5L22 |
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b) |
Nature of the transaction |
Sale of nil paid rights |
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c) |
Price(s) and volume(s)
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|
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d)
|
Aggregated information
- Aggregated volume
- Price
|
12,266 ordinary shares
Total sale price £11,898.02 |
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e) |
Date of the transaction |
06/08/2018 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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Penny Ladkin-Brand
Chief Financial Officer
(Responsible for releasing this announcement)
8 August 2018