Creston PLC Director/PDMR Shareholding (4926E)

TIDMCRE

RNS Number : 4926E

Creston PLC

18 July 2016

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMR AND PERSONS CLOSELY ASSOCIATED WITH THEM

The Company has been notified that the following Persons Discharging Managerial Responsibilities ("PDMRs") have been awarded shares under the Company's 2014 - 2016 Long Term Incentive Plan ("LTIP") and have sold some of the underlying Ordinary Shares acquired.

The attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

 
 1     Details of the person discharging managerial responsibilities/person closely associated 
----  ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                     Barrie Brien 
----  -------------------------------------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                          Chief Executive Officer 
----  -------------------------------------------------------  ------------------------------------------------------- 
 b)    Initial notification/Amendment                           Initial notification 
----  -------------------------------------------------------  ------------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                     Creston Plc 
----  -------------------------------------------------------  ------------------------------------------------------- 
 b)    LEI                                                      Pending 
----  -------------------------------------------------------  ------------------------------------------------------- 
 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         Ordinary shares of 10 pence each in the Company 
       instrument                                                GB0004440284 
       Identification code 
----  -------------------------------------------------------  ------------------------------------------------------- 
 b)    Nature of the transaction                                1. Share award made following the vesting of the 
                                                                Company's 2014 - 2016 Long Term Incentive 
                                                                Plan ("LTIP"). 
                                                                2. Shares withheld and to be sold by the Creston plc 
                                                                Employee Benefit Trust on Barrie Brien's 
                                                                behalf in order to satisfy the resultant tax 
                                                                liability. 
----  -------------------------------------------------------  ------------------------------------------------------- 
 c)    Price(s) and volume(s)                                   Shares awarded:     Price   Volume 
                                                                     ------  ------- 
                                                                 1.   Nil     13,832 
                                                                     ------  ------- 
 
                                                                 Shares withheld:     Price   Volume 
                                                                     ------  ------- 
                                                                 2.   Nil     7,391 
                                                                     ------  ------- 
----  -------------------------------------------------------  ------------------------------------------------------- 
  d)    Aggregated information                                    Price    Volume 
                                                                  -------  ------- 
                                                                   Nil      6,441 
                                                                  -------  ------- 
----  -------------------------------------------------------  ------------------------------------------------------- 
 e)    Date of the transaction                                  2016-07-15 
        YYYY-MM-DD 
----  -------------------------------------------------------  ------------------------------------------------------- 
 f)    Place of the transaction                                 Main Market, London Stock Exchange (XLON) 
----  -------------------------------------------------------  ------------------------------------------------------- 
 

For further information please contact:

 
                                 + 44 (0)20 7930 
 Creston plc                      9757 
 Barrie Brien, Group Chief 
  Executive 
 Kathryn Herrick, Chief 
  Financial Officer 
 
                                 [phone] 
 Bell Pottinger                   2491 
 Elly Williamson/Lucy Stewart 
 

About Creston plc

Creston plc (LSE: CRE), incorporating the Creston Unlimited group offer, is a marketing communications group delivering a range of digital technology-based marketing solutions to blue-chip global clients. Encompassing consultants and discipline experts from across the industry and beyond, Creston Unlimited unlocks the power of creative collaboration to realise the opportunities that exist for brands and businesses in today's rapidly evolving world. www.creston.com / www.creston-unlimited.com

This information is provided by RNS

The company news service from the London Stock Exchange

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July 18, 2016 10:24 ET (14:24 GMT)