Notification and public disclosure of LTIP

RNS Number : 6038A

McBride PLC

12 September 2018

 

RNS Announcement

Notification and public disclosure of LTIP Awards to Directors and Persons Discharging Managerial Responsibilities ("PDMR")

12 September 2018

McBride plc confirms that an allocation was granted under the terms of the McBride plc 2014 Long Term Incentive Plan (the Plan) to Executive Directors and persons discharging managerial responsibilities (PDMR) as set out below.  The awards were granted on 10 September 2018 and the ordinary shares will vest at the end of a three-year period depending on the achievement of performance targets set out in the Plan, and will not require any payment from the individuals.

Name	Status	No. of shares subject to allocation
Rik De Vos Chief Executive Officer	Director	440,950
Chris Smith Chief Finance Officer	Director	248,006
Jean Charles Philippon Chief Commercial Officer	PDMR	82,529

Following this award, total holding and interests of the Executive Directors in ordinary shares in McBride plc are:

Name	Total holdings of ordinary shares	Percentage of current issued share capital (excluding treasury shares)	Total interest in ordinary shares
Rik De Vos	176,887	0.0969%	1,400,981
Chris Smith	122,772	0.0672%	833,510

This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation.

1.	Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA")
a)	Name	Rik De Vos
2.	Reason for the notification
b)	Position/Status	Chief Executive Officer
c)	Initial notification/amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	McBride plc
b)	LEI	213800HX7FMPA2CIEF02
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	Ordinary shares of 10p each GB0005746358
b)	Nature of the transaction	Grant of an award under the Company's Long Term Incentive Plan as a conditional award of shares. Subject to continued service, normally vests after 3 years.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 440,950
d)	Aggregated information Aggregated volume Price	As above
e)	Date of the transaction	10 September 2018
f)	Place of transaction	Outside of a trading venue

1.	Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA")
a)	Name	Chris Smith
2.	Reason for the notification
b)	Position/Status	Chief Financial Officer
c)	Initial notification/amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	McBride plc
b)	LEI	213800HX7FMPA2CIEF02
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	Ordinary shares of 10p each GB0005746358
b)	Nature of the transaction	Grant of an award under the Company's Long Term Incentive Plan as a conditional award of shares. Subject to continued service, normally vests after 3 years.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 248,006
d)	Aggregated information Aggregated volume Price	As above
e)	Date of the transaction	10 September 2018
f)	Place of transaction	Outside of a trading venue

1.	Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA")
a)	Name	Jean Charles Philippon
2.	Reason for the notification
b)	Position/Status	Chief Commercial Officer
c)	Initial notification/amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	McBride plc
b)	LEI	213800HX7FMPA2CIEF02
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	Ordinary shares of 10p each GB0005746358
b)	Nature of the transaction	Grant of an award under the Company's Long Term Incentive Plan as a conditional award of shares. Subject to continued service, normally vests after 3 years.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 82,529
d)	Aggregated information Aggregated volume Price	As above
e)	Date of the transaction	10 September 2018
f)	Place of transaction	Outside of a trading venue

 

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