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Experian plc (EXPN)

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Thursday 13 June, 2019

Experian plc

Director/PDMR Shareholding

RNS Number : 1609C
Experian plc
13 June 2019
 

Experian plc

 

 

Director/PDMR Shareholding

 

 

13 June 2019 - Experian plc, the global information services company (the "Company"), hereby notifies the market that it has received notification (made under article 19.1 of the EU Market Abuse Regulation ("MAR")) of the following transactions in its ordinary shares of 10 US cents each ("ordinary shares") by directors of the Company.

 

Following the transactions outlined in the individual notifications, Mr Cassin, Mr Pitchford and Mr Williams have retained interests in Experian plc ordinary shares of 585,983, 292,587 and 180,532 respectively.

 

Co-Investment Plan

 

In accordance with the terms of the Experian Co-Investment Plan, the Company made awards over its ordinary shares on 12 June 2019 to certain directors by reference to a price of 2,383.4224 pence per share. The awards of deferred matching ordinary shares are subject to performance conditions and the maximum numbers of shares that could vest in the case of each director are set out below.

            

Name of director

Number of deferred

ordinary shares

Maximum number of deferred matching ordinary shares

Brian Cassin

35,675

134,626

Lloyd Pitchford

22,019

83,093

Kerry Williams

55,905

111,810

 

Note:      The deferred ordinary share awards for Brian Cassin and Lloyd Pitchford were calculated with reference to their bonuses net of tax. The deferred ordinary share award for Kerry Williams was calculated with reference to his gross bonus and will be taxed at the point of vesting. All deferred matching ordinary share awards were calculated on a gross basis and will be taxed at the point of vesting.

 

Performance Share Plan

 

In accordance with the terms of the Experian Performance Share Plan, the Company made awards over its ordinary shares on 12 June 2019 to certain directors by reference to a price of 2,397.6667 pence per share. The awards are subject to performance conditions and the maximum number of shares that could vest in the case of each director is set out below.

 

Name of director

Maximum number

of ordinary shares

Brian Cassin

81,120

Lloyd Pitchford

50,048

Kerry Williams

67,338




 

The following notifications are made in accordance with Article 19.3 of MAR.

 


 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

 


 

Natural Person


Brian Cassin

 




 

2 - Reason for the notification

 

 




 

Position/status


Director and Chief Executive Officer

 




 

Initial notification / Amendment

Initial Notification

 




 

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 


 

Full name of the entity

Experian plc





Legal Entity Identifier code

635400RXXHHYT1JTSZ26



 

4 - Details of the transaction(s)

 

 


 

Description of the financial instrument, type of instrument

 

Ordinary shares of US 10 cents each in Experian plc

 

Identification Code


GB00B19NLV48

 




 

Nature of transaction


(1)    Acquisition of shares, being the award of Invested Shares ("deferred ordinary shares") for market value under the Experian Co-Investment Plan.

 

(2)    Grant of an option to receive shares for nil consideration, being the grant of a Matching Award ("deferred matching ordinary shares") under the Experian Co-Investment Plan.

 

(3)    Grant of a conditional right to receive shares for nil consideration, being the grant of an award under the Experian Performance Share Plan.

 




 

Currency


GBP

 




 

Prices(s) and volumes(s)


Transaction

Price

Volume

No (1)

2,383.4224 pence

35,675

No (2)

Nil

134,626

No (3)

Nil

81,120

 




 

Aggregated Information


Transaction

Price

Volume

No (1)

2,383.4224 pence

35,675

No (2) and (3)

Nil

215,746

 




 

Date of Transaction

 


2019-06-12

 




 

Place of transaction


Acquisition: XLON

Grant of option and conditional right: Outside a trading venue

 

 

 



 

 


 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

 


 

Natural Person


Lloyd Pitchford

 




 

2 - Reason for the notification

 

 




 

Position/status


Director and Chief Financial Officer

 




 

Initial notification / Amendment

Initial Notification

 




 

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 


Full name of the entity

Experian plc


 




 

Legal Entity Identifier code

635400RXXHHYT1JTSZ26


 


 

4 - Details of the transaction(s)

 

 


 

Description of the financial instrument, type of instrument

 

Ordinary shares of US 10 cents each in Experian plc

 

Identification Code


GB00B19NLV48

 




 

Nature of transaction


(1)    Acquisition of shares, being the award of Invested Shares ("deferred ordinary shares") for market value under the Experian Co-Investment Plan.

 

(2)    Grant of an option to receive shares for nil consideration, being the grant of a Matching Award ("deferred matching ordinary shares") under the Experian Co-Investment Plan.

 

(3)    Grant of a conditional right to receive shares for nil consideration, being the grant of an award under the Experian Performance Share Plan.

 




 

Currency


GBP

 




 

Prices(s) and volumes(s)


Transaction

Price

Volume

No (1)

2,383.4224 pence

22,019

No (2)

Nil

83,093

No (3)

Nil

50,048

 




 

Aggregated Information


Transaction

Price

Volume

No (1)

2,383.4224 pence

22,019

No (2) and (3)

Nil

133,141

 




 

Date of Transaction

 


2019-06-12

 




 

Place of transaction


Acquisition: XLON

Grant of option and conditional right: Outside a trading venue

 

 

 



 

 


 

1 - Details of the person discharging managerial responsibilities / person closely associated

 

 


 

Natural Person


Kerry Williams

 




 

2 - Reason for the notification

 

 




 

Position/status


Director and Chief Operating Officer

 




 

Initial notification / Amendment

Initial Notification

 




 

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 


Full name of the entity

Experian plc


 




 

Legal Entity Identifier code

635400RXXHHYT1JTSZ26


 


 

4 - Details of the transaction(s)

 

 


 

Description of the financial instrument, type of instrument

 

Ordinary shares of US 10 cents each in Experian plc

 

Identification Code


GB00B19NLV48

 




 

Nature of transaction


(1)   Grant of a conditional right to receive shares for nil consideration, being the grant of Deferred Shares ("deferred ordinary shares") under the Experian Co-Investment Plan.

 

(2)   Grant of a conditional right to receive shares for nil consideration, being the grant of a Matching Award ("deferred matching ordinary shares") under the Experian Co-Investment Plan.

 

(3)   Grant of a conditional right to receive shares for nil consideration, being the grant of an award under the Experian Performance Share Plan.

 




 

Currency


GBP

 




 

Prices(s) and volumes(s)


Transaction

Price

Volume

No (1)

Nil

55,905

No (2)

Nil

111,810

No (3)

Nil

67,338

 




 

Aggregated Information


Price

Volume

Nil

235,053

 




 

Date of Transaction

 


2019-06-12

 




 

Place of transaction


Outside a trading venue

 

 

 



 

Contact:

 

Experian

Ronan Hanna

Deputy Company Secretary


+353 (0) 1 846 9128

 

About Experian

Experian is the world's leading global information services company. During life's big moments - from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.

 

We have 17,200 people operating across 44 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.

 

Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.

 

Neither the content of the Company's website, nor the content of any website accessible from hyperlinks on the Company's website (or any other website), is incorporated into, or forms part of, this announcement.

 

 


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