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Softcat PLC (SCT)

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Thursday 02 December, 2021

Softcat PLC

Director/PDMR Shareholding

RNS Number : 4280U
Softcat PLC
02 December 2021
 

2 December 2021

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 30 November 2021 under the Softcat plc Annual and Deferred Bonus Plan ("ADBP"). This announcement is made in accordance with Article 19.3 of MAR.  

 

Softcat plc Annual and Deferred Bonus Plan

 

On 30 November 2021, awards under the Company's ADBP were made as outlined below.

 

An award of nil-cost options to acquire 21,354 Ordinary shares was made to Graeme Watt, a director and PDMR. The number of shares over which the nil-cost option was awarded has been calculated by reference to the closing middle market quotation of the ordinary shares derived from the Daily Official List on the dealing day preceding the date of grant (1,863 pence) . The award for Graeme Watt will vest subject to continued employment with the Company for three years from the date of grant. The normal date of vesting for the nil-cost options will be 30 November 2024 and the last date for exercise will be 29 November 2031.

 

An award of nil-cost options to acquire 14,236 Ordinary shares was made to Graham Charlton, a director and PDMR. The number of shares over which the nil-cost option was awarded has been calculated by reference to the closing middle market quotation of the ordinary shares derived from the Daily Official List on the dealing day preceding the date of grant (1,863 pence) . The award for Graham Charlton will vest subject to continued employment with the Company for three years from the date of grant. The normal date of vesting for the nil-cost options will be 30 November 2024 and the last date for exercise will be 29 November 2031.

 

For further information on the ADBP, 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

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

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

21,354

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of the transaction

30 November 2021

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

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

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

14,236

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of the transaction

 

30 November 2021

f)

Place of the transaction

 

Outside a trading venue

 

 

Luke Thomas

 

Company Secretary, Softcat plc

2 December 2021

 

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