Electra Private Equity PLC Director/PDMR Shareholding (2286A)

TIDMELTA

RNS Number : 2286A

Electra Private Equity PLC

22 December 2017

Electra Private Equity PLC

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 21 December 2017 the following awards over ordinary shares of 25 pence in Electra Private Equity PLC were granted under the Electra Private Equity PLC Deferred Bonus Plan to the following person discharging managerial responsibilities:

 
 PDMR            No. of shares under Award 
--------------  -------------------------- 
 Gavin Manson    13,758 
--------------  -------------------------- 
 

The awards will ordinarily become exercisable on the third anniversary of grant subject to the grantee's continued service with the Electra Private Equity PLC group.

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                             Gavin Manson 
---  -------------------------------  ------------------------------------ 
 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                             Electra Private Equity PLC 
---  -------------------------------  ------------------------------------ 
 b)   LEI                              213800MPTI1NH8POK154 
---  -------------------------------  ------------------------------------ 
 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 25 pence 
       the financial instrument,        each in Electra Private Equity 
       type of instrument               PLC 
       Identification                   GB0003085445 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the transaction        Grant of a nil cost option 
                                        award under the Electra Private 
                                        Equity PLC Deferred Bonus 
                                        Plan. The award will ordinarily 
                                        become exercisable three years 
                                        from the date of grant, subject 
                                        to continued service, and 
                                        thereafter may be exercised 
                                        up until the tenth anniversary 
                                        of the date of grant. 
---  -------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         Nil         13,758 
                                        ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
---  -------------------------------  ------------------------------------ 
 e)   Date of the transaction          21 December 2017 
---  -------------------------------  ------------------------------------ 
 f)   Place of the transaction         Outside a trading venue 
---  -------------------------------  ------------------------------------ 
 

Enquiries:

Eleanor Cranmer of Frostrow Capital LLP

Company Secretary to Electra Private Equity PLC

Telephone: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 22, 2017 05:44 ET (10:44 GMT)