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BRAM Brammer

164.50
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Brammer LSE:BRAM London Ordinary Share GB0001195089 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 164.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Brammer PLC PDMR Announcement (9158V)

02/02/2017 3:58pm

UK Regulatory


Brammer (LSE:BRAM)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Brammer Charts.

TIDMBRAM

RNS Number : 9158V

Brammer PLC

02 February 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

For immediate release

2 February 2017

Brammer plc ("Brammer")

Director/PDMR Shareholding

Notifications of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

Name of Director/ PDMR or connected persons: Duncan Magrath, Stephen Hodkinson, Neil Rogers, Ralf Hellwig, Julien Monteiro, Richard Huxley, Nigel Trend, Philippe Hervieux, Nigel Duke and Carl Friedrich Wayand

On 23 November 2016, the Boards of AI Robin Limited ("Bidco") and Brammer announced that they had reached agreement on the terms of a recommended offer to be made by Bidco for the entire issued and to be issued share capital of Brammer (the "Offer"). The full terms and conditions of the Offer are set out in the scheme document which was published on 12 December 2016 (the "Scheme Document").

Earlier today the High Court of Justice in England and Wales sanctioned the Scheme at the Court Hearing, and the Effective Date of the Scheme is expected to be on 6 February 2017.

Brammer announces that on 2 February 2017 the persons set out in the table below, each being a Person Discharging Managerial Responsibility (a "PDMR"), acquired the beneficial title to ordinary shares of nominal value 20 pence each in the capital of Brammer (the "Shares") pursuant to:

   1.     the Brammer Performance Share Plan 2012; and 
   2.     the Brammer Share Matching Plan 2005, 

(together the "Brammer Share Plans").

The number of Shares to which PDMRs acquired beneficial title under the terms of the Brammer Share Plans is as follows:

 
 Name of PDMR             Number of Shares acquired   Percentage of issued share capital 
 Executive director: 
 Duncan Magrath                             315,000                                 0.23 
 
 Other PDMRs: 
 Steven Hodkinson                            84,778                                 0.06 
 Neil Rogers                                176,823                                 0.13 
 Ralf Hellwig                               177,666                                 0.13 
 Julien Monteiro                             79,870                                 0.06 
 Richard Huxley                              92,727                                 0.07 
 Nigel Trend                                127,827                                 0.10 
 Philippe Hervieux                           81,954                                 0.06 
 Nigel Duke                                  86,826                                 0.06 
 Carl Friedrich Wayand                      194,249                                 0.14 
 

Each PDMR was not required to pay anything for the shares acquired. The Shares will be Scheme Shares (as defined in the Scheme Document) for the purposes of the Offer.

The awards vested and/or became exercisable in full yesterday upon the Court's sanction of the Scheme.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Duncan Magrath 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Finance Director 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       315,000 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Steven Hodkinson 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Company Secretary 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       84,778 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Neil Rogers 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Country managing 
                                         director 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       176,823 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Ralf Hellwig 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Country managing 
                                         director 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       177,666 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Julien Monteiro 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Country managing 
                                         director 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       79,870 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Richard Huxley 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Country managing 
                                         director 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       92,727 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Nigel Trend 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Functional director 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       127,827 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Philippe Hervieux 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Key accounts director 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       81,954 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Nigel Duke 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Chief information 
                                         officer 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       86,826 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ----------------------------------------------------------- 
 a)   Name                              Carl Friedrich 
                                         Wayand 
---  --------------------------------  ------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position/status                   Functional director 
---  --------------------------------  ------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  --------------------------------  ------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                              Brammer plc 
---  --------------------------------  ------------------------- 
 b)   LEI                               ENLX5LD8NKCFL0MD2K82 
---  --------------------------------  ------------------------- 
 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 
       instrument, type of instrument    of 20 pence each 
 
       Identification code               GB0001195089 
---  --------------------------------  ------------------------- 
 b)   Nature of the transaction         Exercise of share 
                                         options 
---  --------------------------------  ------------------------- 
 c)   Prices(s) and volume(s)             Price(s)   Volume(s) 
                                          ---------  ---------- 
                                           0.20       194,249 
                                          ---------  ---------- 
---  --------------------------------  ------------------------- 
 d)        Aggregated information       N/A (single transaction) 
             *    Aggregated volume 
 
 
             *    Price 
---  --------------------------------  ------------------------- 
 e)   Date of the transaction           2 February 2017 
---  --------------------------------  ------------------------- 
 f)   Place of the transaction          Outside a trading 
                                         venue 
---  --------------------------------  ------------------------- 
 

Enquiries:

 
 Brammer plc                            +44 (0) 207 
                                         796 4133 (via 
 Steven Hodkinson, Company Secretary    Hudson Sandler) 
 
 Hudson Sandler LLP                     +44 (0) 207 
  (PR adviser to Brammer)                796 4133 
 Andrew Hayes 
  Cat Valentine 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUGUCAPUPMGAP

(END) Dow Jones Newswires

February 02, 2017 10:58 ET (15:58 GMT)

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