Grant of Awards

RNS Number : 7204T

ScS Group PLC

16 October 2017

 

16 October 2017

ScS Group plc

Grant of Awards

ScS Group plc (the "Company") announces that on 16 October 2017 (the "Award Date") it granted nil-cost options (the "Awards") over ordinary shares of 0.1 pence in the Company  (the "Shares") to eight PDMRs under the ScS Group plc Long-Term Incentive Plan, details of which are set out below:

Name	Number of Shares under Award
David Knight	176,909
Chris Muir	138,752
Kevin Royal	60,704
Marie Liston	43,360
Gary Kemp	36,133
Elaine Ray	28,907
Paul Burke	40,469
Simon Nicholson	28,907

No payment was required for the grant of the Awards.

The Awards will ordinarily become exercisable on the third anniversary of the date of grant and remain exercisable up to and including the tenth anniversary of the date of grant, subject to the grantee's continued service and to the extent that the performance target applicable to the Awards has been met. Details of the performance target will be set out in the 2017 Annual Report.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the grant of Awards:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Knight
2	Reason for Notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ScS Group plc
b)	LEI	213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc GB00BRF0TJ56
b)	Nature of the transaction	Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 176,909
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Muir
2	Reason for Notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ScS Group plc
b)	LEI	213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc GB00BRF0TJ56
b)	Nature of the transaction	Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 138,752
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Royal
2	Reason for Notification
a)	Position/status	Managing Director
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ScS Group plc
b)	LEI	213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc GB00BRF0TJ56
b)	Nature of the transaction	Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 60,704
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marie Liston
2	Reason for Notification
a)	Position/status	Corporate Services Director
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ScS Group plc
b)	LEI	213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc GB00BRF0TJ56
b)	Nature of the transaction	Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 43,360
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gary Kemp
2	Reason for Notification
a)	Position/status	Logistics Director
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ScS Group plc
b)	LEI	213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc GB00BRF0TJ56
b)	Nature of the transaction	Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 36,133
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Elaine Ray
2	Reason for Notification
a)	Position/status	Business Development Director
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ScS Group plc
b)	LEI	213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc GB00BRF0TJ56
b)	Nature of the transaction	Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 28,907
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Burke
2	Reason for Notification
a)	Position/status	Sales Director
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ScS Group plc
b)	LEI	213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc GB00BRF0TJ56
b)	Nature of the transaction	Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 40,469
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Nicholson
2	Reason for Notification
a)	Position/status	ScS Buying Director
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ScS Group plc
b)	LEI	213800LOXNVJIB4C7B98
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 0.1 pence each in ScS Group plc GB00BRF0TJ56
b)	Nature of the transaction	Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 28,907
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	16 October 2017
f)	Place of the transaction	Outside a trading venue

Enquiries:

ScS Group PLC David Knight, Chief Executive Officer Chris Muir, Chief Financial Officer	c/o Buchanan [phone]
Buchanan Richard Oldworth / Madeleine Seacombe	Tel: [phone] [e-mail]

 

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