Director/PDMR Shareholding

RNS Number : 3639G

Workspace Group PLC

19 November 2015

 

Workspace Group PLC

Director/PDMR Shareholding      

19 November 2015

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.	Name of the issuer Workspace Group PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).   (i) above
3.	Name of person discharging managerial responsibilities/director Jamie Hopkins Angus Boag Chris Pieroni	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person Claire Boag Caroline Pieroni
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest Holding in respect of persons referred in 3 above	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares Ordinary Shares of £1 each
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them N/A	8	State the nature of the transaction Mr Jamie Hopkins An award of 276,642 shares to Mr Hopkins pursuant to the Workspace Group PLC Long Term Incentive Plan vested on 19 November 2015. No consideration is payable for the shares. As a result of the vesting of the award of shares to Mr Hopkins, a number of shares included within 11 below were disposed of to satisfy the tax and national insurance liabilities (and associated dealing costs)  arising on vesting. These equated to 130,021 shares for Mr Hopkins.  In addition, Mr Hopkins disposed of 146,621 shares, which is the balance of shares arising on vesting. In addition, Mr Hopkins disposed of a further 83,358 shares.    Messrs Boag and Pieroni Messrs Boag and Pieroni and their connected persons disposed of 50,000 and 75,000 shares respectively. Mr Boag disposed of 25,000 shares and his spouse, Mrs Claire Boag, disposed of 25,000 shares. Mr Pieroni disposed of 7,000 shares and his spouse Mrs Caroline Pieroni, disposed of 68,000 shares.
9.	Number of shares, debentures or financial instruments relating to shares acquired Director/PDMR        No. of shares    % of share                                                            Capital     Jamie Hopkins  276,642        0.170%	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) See 9.
11.	Number of shares, debentures or financial instruments relating to shares disposed Director/PDMR        No. of shares    % of share                                                            Capital    Jamie Hopkins    360,000         0.222% Angus Boag        50,000          0.031% Chris Pieroni       75,000           0.046%.	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) See 11
13.	Price per share or value of transaction £9.00	14.	Date and place of transaction Shares were awarded to Mr Hopkins as listed in 9 above on 19 November 2015 London. The sale of the shares for Mr Hopkins, Mr Boag, Mr Pieroni and their connected persons set out above, took place on 19 November 2015.
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) Director/PDMR        No. of shares    % of share                                                           capital Jamie Hopkins     77,431           0.048% Angus Boag       265,399           0.163%      Chris Pieroni      104,321           0.064%	16.	Date issuer informed of transaction 19 November  2015

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17	Date of grant	18.	Period during which or date on which exercisable
19.	Total amount paid (if any) for grant of the option	20.	Description of shares or debentures involved (class and number)
21	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise	22.	Total number of shares or debentures over which options held following notification

23.

Any additional information

24

Name of contact and telephone number for queries Carmelina Carfora

Name of authorised official of issuer responsible for making notification   Carmelina Carfora Date of notification     19 November  2015

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

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