Director/PDMR Shareholding

RNS Number : 5318I

Softcat PLC

26 November 2018

 

26 November 2018

Softcat plc (the "Company")

Notification of Transactions by

Persons Discharging Managerial Responsibilities

The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to awards of nil-cost options to persons discharging managerial responsibilities ("PDMR") on 21 November 2018 under the Softcat plc Annual and Deferred Bonus Plan ("ABP").  This announcement is made in accordance with Article 19.3 of MAR. 

Softcat plc Annual and Deferred Bonus Plan

On 21 November 2018, awards under the Company's Annual and Deferred Bonus Plan (the "ABP") were made as set out in the table below.

The awards were made as nil-cost options and the number of shares over which each nil-cost option was awarded has been calculated by reference to the average share price over the last 30 days of the Financial Year to which the Bonus Award relates (FY18) (783.27 pence) in accordance with the rules of the ABP.

The awards are not subject to the achievement of performance conditions. The normal date of vesting for these nil-cost options will be 21 November 2021 and the last date for exercise will be 20 November 2028, with dividend equivalents payable in respect of the vesting of nil-cost options in accordance with the rules of the ABP.

1. Name	2. Status	3. No. of Shares subject to ABP award
Graeme Watt	Director/PDMR	6,383
Graham Charlton	Director/PDMR	10,213

For further information on the ABP, please refer to the Company's Annual Report and Accounts. 

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Graeme Watt
2.	Reason for the notification
a)	Position / status	CEO
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Softcat 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 Identification Code	Ordinary Shares of £0.0005 each ISIN: GB00BYZDVK82
b)	Nature of the transaction	Grant of nil cost option over Ordinary Shares of £0.0005 each under the Softcat plc Annual and Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 6,383
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	2018-11-21
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Graham Charlton
2.	Reason for the notification
a)	Position / status	CFO
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Softcat 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 Identification Code	Ordinary Shares of £0.0005 each ISIN: GB00BYZDVK82
b)	Nature of the transaction	Grant of nil cost option over Ordinary Shares of £0.0005 each under the Softcat plc Annual and Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 10,213
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	2018-11-21
f)	Place of the transaction	Outside a trading venue

Softcat plc

26 November 2018

 

END

 

 

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