Director/PDMR Shareholding

RNS Number : 9402N

Greencore Group PLC

26 May 2020

 

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

1	Name of the Issuer Greencore Group plc LEI: 635400GGBEWULJXM5868	2	Name of person discharging managerial responsibilities EMMA HYNES
3	State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person Notification relates to Executive Director named in 2	4	Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest Holding of Executive Director named in 2
5	Description of shares or derivatives or other financial instruments linked to them Ordinary shares of £0.01 each ISIN: IE0003864109	6	Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder EMMA HYNES
7	State the nature of the transaction PURCHASE OF ORDINARY SHARES	8	Number of shares, derivatives or other financial instruments linked to them acquired 15,000 ORDINARY shares
9	Number of shares, derivatives or other financial instruments linked to them  disposed of NONE	10	Price per share or derivative or other financial instrument linked to them or value of transaction £1.2575
11	Date and place of transaction 22 MAY 2020, DUBLIN	12	Date issuer informed of transaction 22 MAY 2020
13	Any additional information N/A	14	Name of contact and telephone number for queries Jolene Gacquin [phone]
	Name and signature of duly designated officer of issuer responsible for making notification Jolene Gacquin Date of notification:   26 MAY 2020

Regulation 12(8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 ('the Regulations') provides that:

"person discharging managerial responsibilities", in relation to an issuer of financial instruments, means a person who is -

(a)  a member of the administrative, management or supervisory bodies of the issuer, or

(b)  a senior executive -

(i)  who is not a member of the bodies referred to in paragraph (a) of this definition,

(ii)  having regular access to inside information relating, directly or indirectly, to the issuer, and

(iii)  having the power to make managerial decisions affecting the future developments and business prospects of the issuer.

"person closely associated", in relation to a person discharging managerial responsibilities within an issuer of financial instruments, means -

(a)  the spouse of the person discharging managerial responsibilities,

(b)  dependent children of the person discharging managerial responsibilities,

(c)  other relatives of the person discharging managerial responsibilities, who have shared the same household as that person for at least one year on the date of the transaction concerned,

(d)  any person -

(i)  the managerial responsibilities of which are discharged by a person -

(i)  discharging managerial responsibilities within the issuer, or

(ii)  referred to in paragraph (a), (b) or (c) of this definition,

(ii)  that is directly or indirectly controlled by a person referred to in subparagraph (i) of paragraph (d) of this definition,

(iii)  that is set up for the benefit of a person referred to in subparagraph (i) of paragraph (d) of this definition, or

(iv)  the economic interests of which are substantially equivalent to those of a person referred to in subparagraph (i) of paragraph (d) of this definition;

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

1	Name of the Issuer Greencore Group plc LEI: 635400GGBEWULJXM5868	2	Name of person discharging managerial responsibilities EMMA HYNES
3	State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person Notification relates to Executive Director named in 2	4	Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest Holding of Executive Director named in 2
5	Description of shares or derivatives or other financial instruments linked to them Ordinary shares of £0.01 each ISIN: IE0003864109	6	Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder EMMA HYNES
7	State the nature of the transaction A CONDITIONAL AWARD IN RESPECT OF 150,000 ORDINARY SHARES OF £0.01 EACH IN GREENCORE GROUP PLC UNDER THE GREENCORE GROUP PLC 2013 PERFORMANCE SHARE PLAN ("THE PLAN"). EXCEPT OTHERWISE SPECIFIED IN THE RULES OF THE PLAN, OWNERSHIP OF THE SHARES WILL TRANSFER TO MS. EMMA HYNES IN THREE YEARS' TIME WITHOUT PAYMENT AND SUBJECT TO HER CONTINUED EMPLOYMENT BY GREENCORE GROUP PLC. ONCE VESTED, THE SHARES ARE SUBJECT TO A MANDATORY TWO YEAR HOLDING PERIOD.  VESTED AWARDS MAY NOT BE SOLD DURING THE HOLDING PERIOD EXCEPT TO COVER TAX LIABILITIES.	8	Number of shares, derivatives or other financial instruments linked to them acquired 150,000 ORDINARY shares
9	Number of shares, derivatives or other financial instruments linked to them disposed of NONE	10	Price per share or derivative or other financial instrument linked to them or value of transaction £1.3696
11	Date and place of transaction 22 MAY 2020, JERSEY	12	Date issuer informed of transaction 22 MAY 2020
13	Any additional information N/A	14	Name of contact and telephone number for queries Jolene Gacquin [phone]
	Name and signature of duly designated officer of issuer responsible for making notification Jolene Gacquin Date of notification:  26 MAY 2020

Regulation 12(8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 ('the Regulations') provides that:

"person discharging managerial responsibilities", in relation to an issuer of financial instruments, means a person who is -

(a)  a member of the administrative, management or supervisory bodies of the issuer, or

(b)  a senior executive -

(i)  who is not a member of the bodies referred to in paragraph (a) of this definition,

(ii)  having regular access to inside information relating, directly or indirectly, to the issuer, and

(iii)  having the power to make managerial decisions affecting the future developments and business prospects of the issuer.

"person closely associated", in relation to a person discharging managerial responsibilities within an issuer of financial instruments, means -

(a)  the spouse of the person discharging managerial responsibilities,

(b)  dependent children of the person discharging managerial responsibilities,

(c)  other relatives of the person discharging managerial responsibilities, who have shared the same household as that person for at least one year on the date of the transaction concerned,

(d)  any person -

(i)  the managerial responsibilities of which are discharged by a person -

(i)  discharging managerial responsibilities within the issuer, or

(ii)  referred to in paragraph (a), (b) or (c) of this definition,

(ii)  that is directly or indirectly controlled by a person referred to in subparagraph (i) of paragraph (d) of this definition,

(iii)  that is set up for the benefit of a person referred to in subparagraph (i) of paragraph (d) of this definition, or

(iv)  the economic interests of which are substantially equivalent to those of a person referred to in subparagraph (i) of paragraph (d) of this definition;

Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland's Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

1	Name of the Issuer Greencore Group plc LEI: 635400GGBEWULJXM5868	2	Name of person discharging managerial responsibilities Patrick Coveney
3	State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person Notification relates to Executive Director named in 2	4	Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest Holding of Executive Director named in 2
5	Description of shares or derivatives or other financial instruments linked to them Ordinary shares of £0.01 each ISIN: IE0003864109	6	Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder Patrick Coveney
7	State the nature of the transaction A PLEDGE OVER 1,200,000 ordinary shares as collateral against a personal loan	8	Number of shares, derivatives or other financial instruments linked to them acquired 1,200,000 ORDINARY shares
9	Number of shares, derivatives  or other financial instruments linked to them  disposed of none	10	Price per share or derivative or other financial instrument linked to them or value of transaction £1.27 (based on the closing and AVERAGE share price per ordinary share on 22 May 2020)
11	Date and place of transaction 22 MAY 2020, Switzerland	12	Date issuer informed of transaction 22 MAY 2020
13	Any additional information N/A	14	Name of contact and telephone number for queries Jolene Gacquin [phone]
	Name and signature of duly designated officer of issuer responsible for making notification Jolene Gacquin Date of notification: 26 MAY 2020

Regulation 12(8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 ('the Regulations') provides that:

"person discharging managerial responsibilities", in relation to an issuer of financial instruments, means a person who is -

(a)  a member of the administrative, management or supervisory bodies of the issuer, or

(b)  a senior executive -

(i)  who is not a member of the bodies referred to in paragraph (a) of this definition,

(ii)  having regular access to inside information relating, directly or indirectly, to the issuer, and

(iii)  having the power to make managerial decisions affecting the future developments and business prospects of the issuer.

"person closely associated", in relation to a person discharging managerial responsibilities within an issuer of financial instruments, means -

(a)  the spouse of the person discharging managerial responsibilities,

(b)  dependent children of the person discharging managerial responsibilities,

(c)  other relatives of the person discharging managerial responsibilities, who have shared the same household as that person for at least one year on the date of the transaction concerned,

(d)  any person -

(i)  the managerial responsibilities of which are discharged by a person -

(i)  discharging managerial responsibilities within the issuer, or

(ii)  referred to in paragraph (a), (b) or (c) of this definition,

(ii)  that is directly or indirectly controlled by a person referred to in subparagraph (i) of paragraph (d) of this definition,

(iii)  that is set up for the benefit of a person referred to in subparagraph (i) of paragraph (d) of this definition, or

(iv)  the economic interests of which are substantially equivalent to those of a person referred to in subparagraph (i) of paragraph (d) of this definition;

 

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