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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Diurnal Group Plc | LSE:DNL | London | Ordinary Share | GB00BDB6Q760 | ORD GBP0.05 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 27.30 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDNL
RNS Number : 4581E
Diurnal Group PLC
08 May 2017
8 May 2017
Diurnal Group plc
("Diurnal" or the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
On 8 May 2017 the following par value options over ordinary shares of 5 pence in Diurnal were granted under the Diurnal Group plc Long Term Incentive Plan (the "Plan") to persons discharging managerial responsibilities ("PDMR"):
PDMR Total no. of shares Type of awards under award --------------- -------------------- ------------------ Richard Bungay 404,762 Performance Share Award --------------- -------------------- ------------------
The performance share awards will ordinarily vest no earlier than 8 November 2019 subject to the grantee's continued service and to the extent to which the performance conditions set for the awards are satisfied. Such awards may potentially vest until 8 November 2021.
The awards were granted under award agreements that incorporated the terms of the Plan and comprised a mix of tax-favoured 'EMI' awards and non-tax favoured awards.
The exercise price payable per share under award is par value presently being 5 pence per ordinary share.
Details of the full notifications received by the Company are set out below:
1 Details of the person discharging managerial responsibilities / person closely associated --- ---------------------------------------------------------------------- a) Name Richard Bungay --- ------------------------------- ------------------------------------- 2 Reason for Notification --- ---------------------------------------------------------------------- a) Position/status Chief Financial Officer --- ------------------------------- ------------------------------------- b) Initial notification/Amendment Initial Announcement --- ------------------------------- ------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ---------------------------------------------------------------------- a) Name Diurnal Group 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 Ordinary Shares of 5 pence each the financial instrument, in Diurnal Group plc type of instrument GB00BDB6Q760 Identification code --- ------------------------------- ------------------------------------- b) Nature of the transaction Grant of awards under the Diurnal Group plc Long Term Incentive Plan as par value options as follows: EMI performance share award over 198,412 ordinary shares Non-EMI performance share award over 206,350 ordinary shares. The performance share award will ordinarily vest no earlier than 8 November 2019 subject to continued service and to the extent to which the performance conditions set for the awards are satisfied. Such award may potentially vest until 8 November 2021. The exercise price payable per share under award is par value presently being 5 pence per ordinary share. --- ------------------------------- ------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) ---------- ---------- Nil 198,412 ---------- ---------- Nil 206,350 ---------- ---------- --- ------------------------------- ------------------------------------- d) Aggregated information Award over total of 404,762 * Aggregated volume ordinary shares. Nil price payable for grant. * Price --- ------------------------------- ------------------------------------- e) Date of the transaction 8 May 2017 --- ------------------------------- ------------------------------------- f) Place of the transaction Outside a trading venue --- ------------------------------- ------------------------------------- For further information, please visit www.diurnal.co.uk or contact: +44 (0)20 3727 Diurnal Group plc 1000 Martin Whitaker, Chief Executive Officer Richard Bungay, Chief Financial Officer Numis Securities Ltd (Nominated +44 (0)20 7260 Adviser) 1000 Nominated Adviser: Michael Meade, Freddie Barnfield, Paul Gillam Corporate Broking: James Black Panmure Gordon (UK) Limited (Joint +44 (0) 20 7886 Broker) 2500 Corporate Finance: Freddy Crossley / Duncan Monteith Corporate Broking: Tom Salvesen +44 (0)20 3727 FTI Consulting 1000 Simon Conway Victoria Foster Mitchell
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHSSFSUAFWSESI
(END) Dow Jones Newswires
May 08, 2017 05:03 ET (09:03 GMT)
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