Informa LEI: 5493006VM2LKUPSEDU20 |
Informa PLC Press Release
2 June 2021
Director/PDMR Shareholding
London: Informa ("the Company"), makes the following notification under article 19(1) of the Market Abuse Regulation ("MAR"), relating to certain transactions by a Person Discharging Managerial Responsibilities in the shares or rights to shares of the Company.
This announcement is made in accordance with Article 19(3) of MAR.
1 |
Details of the persons discharging managerial responsibilities / person closely associated |
||
a) |
Name(s) |
(1) Stephen A Carter (2) Gareth Wright (3) Patrick Martell
|
|
2 |
Reason for the notification |
||
a) |
Position/status |
(1) GroupChiefExecutive (2) Group Finance Director (3) Group Chief Operating Officer
|
|
b) |
Initial notification / Amendment
|
Initial notification |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
a) |
Name |
Informa PLC |
|
b) |
LEI |
5493006VM2LKUPSEDU20
|
|
4 |
Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeof 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 0.1 pence each
GB00BMJ6DW54
|
|
b) |
Nature of the transaction |
Vesting of options relating to the 2018 Accelerated Integration Plan LTIP award. This Award was separate to the standard 2018 LTIP Award, with targets specifically relating to the combination with UBM plc, namely the post-tax Return on Invested Capital ("ROIC") and Cost Synergies achieved.
The options that are vesting relate to the Cost Synergies element of the Award. The performance period for the ROIC element runs to 31 December 2021 and no options are expected to vest.
The options are exercisable until 29 May 2028 (for Stephen A. Carter and Gareth Wright) and 16 April 2028 (for Patrick Martell).
The options granted to Stephen A. Carter and Gareth Wright are subject to an additional two-year hold period following vesting. During this period, the shares may only be disposed to meet tax and other regulatory obligations.
|
|
c) |
Price(s) and volume(s)
|
Price |
Volume |
1. Par Value |
68,765 |
||
2. Par Value |
29,406 |
||
3. Par Value |
80,717 |
||
|
|
||
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
2 June 2021
|
|
f) |
Place of the transaction |
Outside a trading venue
|
Enquiries |
|
Informa PLC Heledd Hanscomb, Deputy Company Secretary |
+44 (0)20 7017 5000 |