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LOOK Lookers Plc

129.80
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lookers Plc LSE:LOOK London Ordinary Share GB00B17MMZ46 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 129.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Lookers PLC Director/PDMR Shareholding (0498M)

07/10/2016 6:28pm

UK Regulatory


Lookers (LSE:LOOK)
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From Apr 2019 to Apr 2024

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TIDMLOOK

RNS Number : 0498M

Lookers PLC

07 October 2016

7(th) October 2016

Lookers plc

("Lookers" or the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")

On 4(th) October 2016, the PDMR named below was granted an option to acquire the number of ordinary shares of 5 pence each ("Ordinary Shares") in the capital of Lookers set out opposite his name under the terms of the Lookers plc Sharesave Scheme ("SAYE") at a fixed option price of GBP1.0747 pence per Ordinary Share.

 
 Name / Position of     Number of Ordinary Shares 
  PDMR                   over which the option 
                         is held 
---------------------  -------------------------- 
 Robin Gregson Group 
  Finance Director       8,374 
---------------------  -------------------------- 
 

The option grant was notified to the Company by the individual referred to above on 4(th) October 2016.

The individual referred to above has entered into a savings contract with Yorkshire Building Society under which a regular sum will be saved each month for a period of three years. The number of Ordinary Shares over which each option is held is the number of Ordinary Shares which have an aggregate option price not exceeding the projected proceeds of the savings contract. In normal circumstances, each option will not be capable of being exercised until 1 December 2019 (the maturity date of the savings contract).

In accordance with the rules of the SAYE, no consideration was paid by the above named individual for the option granted to him. Each option is subject to, and governed by, the rules of the SAYE and the legislation relating to the SAYE.

This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                      Robin Gregson 
---  ------------------------  ----------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status           Director/PDMR 
---  ------------------------  ----------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------- 
 a)   Name                      Lookers 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 
       the financial             each 
       instrument, type 
       of instrument 
 
       Identification            ISIN: GB00B17MMZ46 
       code 
---  ------------------------  ----------------------------- 
 b)   Nature of the             Grant of options to acquire 
       transaction               shares under the Lookers 
                                 plc Sharesave Scheme. 
---  ------------------------  ----------------------------- 
 c)   Price(s) and                Price(s)     Volume(s) 
       volume(s)                  -----------  ---------- 
                                   GBP1.0747    8,374 
                                  -----------  ---------- 
---  ------------------------  ----------------------------- 
 d)   Aggregated information    As above 
 
       - Aggregated 
       volume 
       - Price 
---  ------------------------  ----------------------------- 
 e)   Date of the transaction   4(th) October 2016 
---  ------------------------  ----------------------------- 
 f)   Place of the              London Stock Exchange (XLON) 
       transaction 
---  ------------------------  ----------------------------- 
 

On 4(th) October 2016, the PDMR named below was granted an option to acquire the number of ordinary shares of 5 pence each ("Ordinary Shares") in the capital of Lookers set out opposite his name under the terms of the Lookers plc Sharesave Scheme ("SAYE") at a fixed option price of GBP1.0747 pence per Ordinary Share.

 
 Name / Position of    Number of Ordinary Shares 
  PDMR                  over which the option 
                        is held 
--------------------  -------------------------- 
 Andrew Bruce CEO       8,374 
--------------------  -------------------------- 
 

The option grant was notified to the Company by the individual referred to above on 4(th) October 2016.

The individual referred to above has entered into a savings contract with Yorkshire Building Society under which a regular sum will be saved each month for a period of three years. The number of Ordinary Shares over which each option is held is the number of Ordinary Shares which have an aggregate option price not exceeding the projected proceeds of the savings contract. In normal circumstances, each option will not be capable of being exercised until 1 December 2019 (the maturity date of the savings contract).

In accordance with the rules of the SAYE, no consideration was paid by the above named individual for the option granted to him. Each option is subject to, and governed by, the rules of the SAYE and the legislation relating to the SAYE.

This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                      Andrew Bruce 
---  ------------------------  ----------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status           Director/PDMR 
---  ------------------------  ----------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------- 
 a)   Name                      Lookers 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 
       the financial             each 
       instrument, type 
       of instrument 
 
       Identification            ISIN: GB00B17MMZ46 
       code 
---  ------------------------  ----------------------------- 
 b)   Nature of the             Grant of options to acquire 
       transaction               shares under the Lookers 
                                 plc Sharesave Scheme. 
---  ------------------------  ----------------------------- 
 c)   Price(s) and                Price(s)     Volume(s) 
       volume(s)                  -----------  ---------- 
                                   GBP1.0747    8,374 
                                  -----------  ---------- 
---  ------------------------  ----------------------------- 
 d)   Aggregated information    As above 
 
       - Aggregated 
       volume 
       - Price 
---  ------------------------  ----------------------------- 
 e)   Date of the transaction   4(th) October 2016 
---  ------------------------  ----------------------------- 
 f)   Place of the              London Stock Exchange (XLON) 
       transaction 
---  ------------------------  ----------------------------- 
 
 
 
 
 
   Enquiries: 
 Lookers Plc 
 Glenda MacGeekie 
  Company Secretary    0161 291 0043 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHZMMGGNNKGVZM

(END) Dow Jones Newswires

October 07, 2016 13:28 ET (17:28 GMT)

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