CHARLES TAYLOR PLC - Director/PDMR Shareholding

Charles Taylor plc (“the Company”)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that on 10 March 2017, the following directors were granted nil cost performance share awards over ordinary shares of 1p each in the Company (“Shares”), pursuant to the Charles Taylor Long Term Incentive Plan 2007 (the “LTIP”) as follows:-

Director:	Number of shares:
David Marock	118,198
Mark Keogh	50,955
Damian Ely	48,749

The number of LTIP Shares which vest will depend upon the extent to which the performance conditions are met, consistent with the rules of the LTIP, over the three-year period ending 31 December 2019. Formal notifications below;

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	David Marock
2	Reason for the notification
a)	Position/status	Group Chief Executive Officer and Executive Director (PDMR).
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Charles Taylor plc
b)	LEI	2138009V1NHVCXIQ6V62
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 Identification code	Ordinary shares of 1 pence each GB0001883718
b)	Nature of the transaction	Grant of a share award under the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 118,198
d)	Aggregated information -   Aggregated volume	N/A (single transaction)
e)	Date of the transaction	2017-03-10
f)	Place of the transaction	Outside a trading venue

   

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Mark Keogh
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer and Executive Director (PDMR).
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Charles Taylor plc
b)	LEI	2138009V1NHVCXIQ6V62
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 Identification code	Ordinary shares of 1 pence each GB0001883718
b)	Nature of the transaction	Grant of a share award under the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 50,955
d)	Aggregated information -   Aggregated volume	N/A (single transaction)
e)	Date of the transaction	2017-03-10
f)	Place of the transaction	Outside a trading venue

   

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Damian Ely
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Adjusting Services and Executive Director (PDMR).
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Charles Taylor plc
b)	LEI	2138009V1NHVCXIQ6V62
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 Identification code	Ordinary shares of 1 pence each GB0001883718
b)	Nature of the transaction	Grant of a share award under the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 48,749
d)	Aggregated information -   Aggregated volume	N/A (single transaction)
e)	Date of the transaction	2017-03-10
f)	Place of the transaction	Outside a trading venue

For more information, please contact:

Ivan Keane – Group Company Secretary and General Counsel – 020 3320 2206

David Lanchester – Deputy Group Company Secretary – 020 3320 8829

Charles Taylor plc

13 March 2017

Notes to editors

About Charles Taylor

Charles Taylor provides professional services to make the business of insurance work efficiently.  We have been providing insurance-related professional services since 1884 and today we employ over 1,800 permanent and contract staff in 71 offices spread across 29 countries in the UK, the Americas, Asia Pacific, Europe the Middle East and Africa.

The Group operates through three businesses – Management Services, Adjusting Services and Insurance Support Services.  We also own international life insurers, creating value by undertaking targeted acquisitions and achieving operational efficiencies.

Our breadth of services, our technical skills and resources and our global presence means we can manage and resolve virtually any insurance-related matter, wherever and whenever it occurs.

Further information is available at www.ctplc.com

Copyright h 13 PR Newswire