Director/PDMR Shareholding

RNS Number : 7304U

Softcat PLC

07 April 2021

 

For Immediate Release

07 April 2021

Softcat plc

("Softcat", the "Company")

Notification of Transactions by

Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

The following notification is made under Article 19 of the Market Abuse Regulation ("MAR"). It relates to the exercise of 66,864 nil-cost options by persons discharging managerial responsibilities ("PDMR") on 7 April 2021 under the Softcat plc Long Term Incentive Plan ("LTIP") and the sale of a portion of the resulting Ordinary Shares ("Shares") to cover tax liabilities. The remaining Shares have been retained by the PDMR. 

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Graeme Watt
2.	Reason for the notification
a)	Position / status	Chief Executive Officer
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		213800N42YZLR9GLVC42
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	Exercise of nil-cost options under the Softcat plc LTIP (awarded on 4 April 2018), with a sale of sufficient Shares to cover the PDMR's liabilities in respect of income tax and national insurance contributions. The Shares resulting from the exercise were treated as follows: i.  sale of Shares; and ii.  retention of Shares.
c)	Price(s) and volume(s)	i.  Sale of Shares Price(s) Volume(s) £18.725 31,585 ii.  Retention of Shares Price(s) Volume(s) £nil 35,279
d)	Aggregated information Volume Price	N/A
e)	Date of the transaction	07 April 2021
f)	Place of the transaction	London Stock Exchange

Softcat plc
Luke Thomas, Company Secretary	Tel: [phone]

 

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