Director/PDMR Shareholding

RNS Number : 4512D

Boot(Henry) PLC

26 April 2017

 

HENRY BOOT PLC

('Henry Boot', 'the Company' or 'the Group')

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities

LTIP Award of Grant of Options

Henry Boot PLC (BOOT.L) announces that on 24 April 2017, the Company granted nil-cost options over a total of 433,510 ordinary shares of 10 pence each ("Shares") pursuant to the Henry Boot PLC Long Term Incentive Plan 2015 ("LTIP") to the Company's Executive Directors and PDMRs, as set out below. 

Name	Position	LTIP - Maximum number of Shares subject to options awarded on 24 April 2017	* LTIP - Maximum total number of Shares under options outstanding	Company Share Option Plan - Total number of Shares under options outstanding	Sharesave Plan - Total number of Shares under options outstanding
John Sutcliffe	Chief Executive Officer	160,665	561,409	-	-
Darren Littlewood	Group Finance Director	72,554	143,109	10,000	10,465
David Anderson	Managing Director	44,204	84,884	-	10,465
Giles Boot	Managing Director	30,730	59,538	-	10,465
Simon Carr	Managing Director	41,095	79,725	-	10,465
Russell Deards	Company Secretary	37,985	64,216	-	10,465
Nick Duckworth	Managing Director	46,277	90,247	-	-

 * includes previous maximum number of Shares under LTIP options granted on 7 May 2014, 1 June 2015 and 21 April 2016.

The vesting of the LTIP options granted on 24 April 2017 are subject to the satisfaction of performance criteria based on the Company's Total Shareholder Return, ROCE and EPS growth above inflation growth, measured over a three-year period ending on 31 December 2019 (in line with the Directors' Remuneration Policy adopted at the Company's Annual General Meeting in 2015), and are expected to vest in June 2020.

The total number of Shares over which nil-cost options were granted on 24 April 2017 represents approximately 0.328% of the Company's issued ordinary share capital.

The above transactions took place in the United Kingdom.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

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	John Sutcliffe -  Chief Executive officer Darren Littlewood - Group Finance Director David Anderson - Managing Director Giles Boot - Managing Director Simon Carr - Managing Director Russell Deards - Company Secretary Nick Duckworth - Managing Director
-	Reason for the notification
a)	Position/status	See 1(a) above - all classed as PDMRs of the Company
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Henry Boot PLC
b)	LEI	n/a
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	In each case, the grant of Options over ordinary shares on 24 April 2017 GB0001110096
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s)  n/a John Sutcliffe -  options over 160,665 ordinary shares Darren Littlewood - options over 72,554 ordinary shares David Anderson - options over 44,204 ordinary shares Giles Boot - options over 30,730 ordinary shares Simon Carr - options over 41,095 ordinary shares Russell Deards - options over 37,985 ordinary shares Nick Duckworth - options over 46,277 ordinary shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	24 April 2017
f)	Place of the transaction	Outside a trading venue

Enquiries to:

Henry Boot PLC

Russell Deards, Company Secretary

Tel: [phone]

www.henryboot.co.uk

 

END

 

 

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