Imagination Technologies Group PLC Director/PDMR Shareholding (4838R)

TIDMIMG

RNS Number : 4838R

Imagination Technologies Group PLC

09 December 2016

Imagination Technologies Group plc (the "Company") - PDMR Shareholdings

On 6 December 2016, the Persons Discharging Managerial Responsibilities ("PDMRs") listed below were granted nil cost share options over a total of 436,827 ordinary shares of 10 pence each pursuant to the Company's Employee Share Plan. The awards are subject to continued employment conditions and certain awards are also subject to Company performance conditions. The awards vest as follows:

 
 PDMR             Maximum       Vesting conditions   Performance 
                   number                             Conditions 
                   of options 
---------------  ------------  -------------------  ---------------------- 
 Oshin Cassidy    44,444        1/3 vests on 6 
                                 December 2017 
                                 1/3 vests on 6 
                                 December 2018 
                                 1/3 vests on 6 
                                 December 2019 
---------------  ------------  -------------------  ---------------------- 
 Oshin Cassidy    44,444        100% vests on 6      The vesting 
                                 December 2019        of the award 
                                                      is dependent 
                                                      upon the extent 
                                                      to which performance 
                                                      targets have 
                                                      been satisfied. 
---------------  ------------  -------------------  ---------------------- 
 Oshin Cassidy    43,846        100% vests on 6 
                                 December 2019 
---------------  ------------  -------------------  ---------------------- 
 Mark Dickinson   187,134       1/3 vests on 6 
                                 December 2017 
                                 1/3 vests on 6 
                                 December 2018 
                                 1/3 vests on 6 
                                 December 2019 
---------------  ------------  -------------------  ---------------------- 
 Mark Dickinson   116,959       100% vests on 6      The vesting 
                                 December 2019        of the award 
                                                      is dependent 
                                                      upon the extent 
                                                      to which performance 
                                                      targets have 
                                                      been satisfied. 
---------------  ------------  -------------------  ---------------------- 
 

For further information, please contact:

   Ruth Orpwood - General Counsel and Company Secretary                        [phone] 

9 December 2016

Imagination Technologies Group plc

The following notification made under Article 19 of the Market Abuse Regulation ("MAR") relates to the options granted under the Company's Employee Share Plan. This announcement is made in accordance with Article 19 of MAR.

Ruth Orpwood

Company Secretary

For further information, please contact:

Ruth Orpwood

Imagination Technologies Group plc

Phone: [phone]

Email: [e-mail]

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

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name                       1. Oshin Cassidy 
                                  2. Mark Dickinson 
---  -------------------------  -------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status            1. Group HR Director 
                                  2. Executive Vice President 
                                  PowerVR 
---  -------------------------  -------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                       Imagination Technologies 
                                  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             In each case, options are 
       the financial              over Ordinary Shares of 10p 
       instrument, type           each (the "Options") granted 
       of instrument              under Imagination Technologies 
                                  Group plc 2016 Employee Share 
                                  Plan. The Options will vest 
                                  between 2017 and 2019 with 
                                  a portion being dependent 
                                  on performance targets having 
                                  been satisfied. 
--- 
 
      Identification             GB0009303123 
       code 
 
 b)   Nature of the               1 and 2 are a grant of options 
       transaction                 under the 2016 Employee Share 
                                   Plan 
---  -------------------------  -------------------------------------- 
 c)   Price(s) and volume(s) 
---                                   -----------  -------------- 
                                       Price(s)     Volume(s) 
---                                   -----------  -------------- 
                                       Nil          1. 132,734 
                                                     2. 304, 093 
                                      -----------  -------------- 
 
 d)   Aggregated information 
--- 
 
      - Aggregated volume        N/A - SINGLE TRANSACTION 
 
      - Price 
 
 e)   Date of the transaction    2016-12-06 
---  -------------------------  -------------------------------------- 
 f)   Place of the transaction   LONDON STOCK EXCHANGE, MAIN 
                                  MARKET (XLON) 
---  -------------------------  -------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 09, 2016 09:32 ET (14:32 GMT)