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Hyve Group PLC (HYVE)

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Monday 07 December, 2020

Hyve Group PLC

Director/PDMR Shareholding

RNS Number : 8315H
Hyve Group PLC
07 December 2020
 

7 December 2020 

Hyve Group plc

('Hyve' or 'the Company')

Director/PDMR Shareholding

HYVE GROUP PLC - NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS  

Hyve Group plc announces that on 4 December 2020 the following Directors and Persons Discharging Managerial Responsibility have been awarded Nominal Options over ordinary shares of 10 pence each of the Company under the Rules of the  Hyve Group plc Employees' Performance Share Plan 2014 (as amended in 2019) ('PSP') as shown below. 

Name

Title

Number of shares under PSP Awards

John Gulliver

Chief Finance and Operations Officer

221,450

Helen Milburn

General Counsel

142,629

Mark Shashoua

Chief Executive Officer

461,668


Subject to the terms of the PSP, the awards will vest and become exercisable from the third anniversary of the grant of the awards subject to continued service and to the extent to which the relevant performance conditions are satisfied over the three-year performance period. The awards for Mr Gulliver and Mr Shashoua are subject to a holding period, ending on the fifth anniversary of the grant of the awards.

The performance conditions will be disclosed in the Directors' Remuneration Report in the 2020 Annual Report and Accounts.

Set out below are the notifications made in accordance with Article 19 of the EU Market Abuse Regulation.
 

For further information please contact:

 

Hyve Group plc

Jared Cranney, Company Secretary

 

 

+44 (0)20 7596 5000

 

FTI Consulting

Charles Palmer/Emma Hall/Chris Birt

 

 

+44 (0)20 3727 1000

 

  Notification of Dealing Form:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

John Gulliver

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Finance and Operations Officer

b)

 

Initial notification /Amendment

Initial notification

3

 

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

 

a)

 

Name

 

Hyve Group plc

b)

 

LEI

 

549300ZOQOW485BCD047

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

 

Ordinary Shares of 10 pence each

Identification code

ISIN: GB000BKP36R26

 

 

b)

 

Nature of the transaction

 

 

Grant of 10p cost options under the Company's Employees' Performance Share Plan

 

c)

 

Price(s) and volume(s)

 

Price per share

Volume

10p

221,450

 

d)

Aggregated Information

 

Volume

 

Price

 n/a single transaction

 

e)

Date of transaction

4 December 2020

f)

Place of transaction

Outside a trading venue

 

  Notification of Dealing Form:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Helen Milburn

2

 

Reason for the notification

 

a)

 

Position/status

 

General Counsel

b)

 

Initial notification /Amendment

Initial notification

3

 

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

 

a)

 

Name

 

Hyve Group plc

b)

 

LEI

 

549300ZOQOW485BCD047

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

 

Ordinary Shares of 10 pence each

Identification code

ISIN: GB000BKP36R26

 

 

b)

 

Nature of the transaction

 

 

Grant of 10p cost options under the Company's Employees' Performance Share Plan

 

c)

 

Price(s) and volume(s)

 

Price per share

Volume

10p

142,629

 

d)

Aggregated Information

 

Volume

 

Price

n/a single transaction

 

e)

Date of transaction

4 December 2020

f)

Place of transaction

Outside a trading venue

 

  Notification of Dealing Form:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Mark Shashoua 

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

 

Hyve Group plc

b)

 

LEI

 

549300ZOQOW485BCD047

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

 

Ordinary Shares of 10 pence each

Identification code

ISIN: GB000BKP36R26

 

 

b)

 

Nature of the transaction

 

 

Grant of 10p cost options under the Company's Employees' Performance Share Plan

 

c)

 

Price(s) and volume(s)

 

Price per share

Volume

10p

461,668

 

d)

Aggregated Information

 

Volume

 

Price

n/a single transaction

 

e)

Date of transaction

4 December 2020

f)

Place of transaction

Outside a trading venue

 

About Hyve Group plc

Hyve Group plc is a next generation global events business whose purpose is to create unmissable events, where customers from all corners of the globe share extraordinary moments and shape industry innovation.  Hyve Group plc was announced as the new brand name of ITE Group plc in September 2019, following its significant transformation under the Transformation and Growth (TAG) programme.  Our vision is to create the world's leading portfolio of content-driven, must attend events delivering an outstanding experience and ROI for our customers. 

Where business is personal, where meetings move markets and where today's leaders inspire tomorrow's.

 

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