Future PLC Director/PDMR Shareholding (0848Q)

TIDMFUTR

RNS Number : 0848Q

Future PLC

24 November 2016

Future plc

24 November 2016

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The attached individual notifications made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the grant of awards under the terms of the Future plc Performance Share Plan ("PSP") to a person discharging managerial responsibilities ("PDMR"). This announcement is made in accordance with article 19.3 of MAR.

The PSP Award will vest three years from the date of grant, at no cost to the participant, in accordance with the rules of the PSP subject to the PSP scheme rules and performance targets having been met. Vesting of the PSP Award is subject to both profit (EBITDAE) and share price performance conditions. The number of Shares shown below represents the maximum if all the performance conditions are achieved in full.

Notification and public disclosure of transactions by persons discharging managerial responsibilities

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                       Zillah Byng-Thorne 
---  ------------------------  --------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status           Chief Executive Officer 
---  ------------------------  --------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                      Future plc 
---  ------------------------  --------------------------------- 
 b)   LEI                       n/a 
---  ------------------------  --------------------------------- 
 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              Ordinary shares of 1p each 
       instrument, type 
       of instrument              GB0007239980 
 
       Identification 
       code 
---  ------------------------  --------------------------------- 
 b)   Nature of the             Issuance of share awards under 
       transaction               the PSP. Subject to performance 
                                 conditions, the award will vest 
                                 on 23 November 2019. 
---  ------------------------  --------------------------------- 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                  ----------  ---------- 
                                   Nil         7,945,516 
                                  ----------  ---------- 
---  ------------------------  --------------------------------- 
 d)   Aggregated information 
 
       - Aggregated               7,945,516 
       volume 
 
                                  Nil 
       - Price 
---  ------------------------  --------------------------------- 
 e)   Date of the transaction   23 November 2016 
---  ------------------------  --------------------------------- 
 f)   Place of the              London Stock Exchange (XLON) 
       transaction 
---  ------------------------  --------------------------------- 
 

Penny Ladkin-Brand

Chief Financial Officer

(Responsible for releasing this announcement)

24 November 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 24, 2016 06:19 ET (11:19 GMT)