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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Countrywide Plc | LSE:CWD | London | Ordinary Share | GB00BK5V9445 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 394.80 | 394.80 | 395.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCWD
RNS Number : 0340E
Countrywide PLC
03 May 2017
3 May 2017
Countrywide plc
("Countrywide" or the "Company")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
Countrywide plc announces that on 2 May 2017, the Remuneration Committee approved the grant of nil cost options under the Countrywide Long-Term Incentive Plan to the following persons discharging managerial responsibilities:
Name Number of ordinary shares Exercise Price subject to the option -------------- -------------------------- --------------- Alison Platt 508,100 nil -------------- -------------------------- --------------- Jim Clarke 260,383 nil -------------- -------------------------- --------------- Total 768,483 -------------- -------------------------- ---------------
Performance Conditions
Performance conditions, relating to Earnings Per Share targets, Total Shareholder Return targets, market share targets, customer group net promoter score targets and people group engagement score targets, as measured over a three year period, will determine the extent to which some of the options will vest. The number of options shown is the maximum available if performance conditions relating to awards are satisfied in full. Performance conditions may, in exceptional circumstances, be amended in accordance with the rules of the Long-Term Incentive Plan.
These options will, subject to satisfaction of performance conditions, vest on 2 May 2020 and may be exercised prior to 2 May 2027.
The attached notifications, made in accordance with requirements of the EU Market Abuse Regulation, give further details of the options granted.
ENQUIRIES: Alix Nicholson (Deputy Company Secretary) COUNTRYWIDE PLC (+44) 01245 294007
WEBSITE: http:// www.countrywide.co.uk
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. Details of the PDMR / person closely associated --- ---------------------------------------------------------------------------- a) Name 1. Alison Platt 2. Jim Clarke --- ------------------------------ -------------------------------------------- 2. Reason for the notification --- ---------------------------------------------------------------------------- a) Position 1. PDMR - Chief Executive Officer / status 2. PDMR - Chief Financial Officer --- ------------------------------ -------------------------------------------- b) Initial notification Initial notification / amendment --- ------------------------------ -------------------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ---------------------------------------------------------------------------- a) Name Countrywide plc --- ------------------------------ -------------------------------------------- b) LEI 213800N1OX24ENZUIK30 --- ------------------------------ -------------------------------------------- 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 Share options over ordinary shares of the financial of GBP0.01 each in Countrywide plc instrument, type of instrument Identification GB00B9NWP991 code --- ------------------------------ -------------------------------------------- b) Nature of Grant of options under the Countrywide the transaction Long-Term Incentive Plan Options are subject to certain performance conditions and a two year holding period post vesting. --- ------------------------------ -------------------------------------------- c) Price(s) Price(s) Volume(s) and volume(s) ----------- ----------------- GBPNIL GBP 1. 508,100 2. 260,383 ----------- ----------------- --- ------------------------------ -------------------------------------------- d) Aggregated information N/A * Aggregated volume GBPNIL GBP * Price --- ------------------------------ -------------------------------------------- e) Date of the 1. 2017-05-02 transaction 2. 2017-05-02 --- ------------------------------ -------------------------------------------- f) Place of N/A the transaction --- ------------------------------ --------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
May 03, 2017 05:00 ET (09:00 GMT)
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