McBride PLC Director/PDMR Shareholding (7222J)

TIDMMCB

RNS Number : 7222J

McBride PLC

13 September 2016

RNS Announcement

Notification and public disclosure of LTIP Awards to Directors and Persons Discharging Managerial Responsibilities ("PDMR")

13 September 2016

McBride plc confirms that an allocation was granted under the terms of the McBride plc 2014 Long Term Incentive Plan (the Plan) to Executive Directors as set out below. The awards were granted on 9 September 2016 and the ordinary shares will vest at the end of a three-year period depending on the achievement of performance targets set out in the Plan, and will not require any payment from the individuals.

 
 Name                Status      No. of shares 
                                  subject to 
                                  allocation 
 Rik De Vos 
  Chief Executive 
  Officer            Director    228,571 
 Chris Smith 
  Chief Finance 
  Officer            Director    142,857 
 

Following this award, total holding and interests in ordinary shares in McBride plc are:

 
 Name           Total holdings   Percentage of current   Total interest 
                 of ordinary      issued share capital    in ordinary 
                 shares           (excluding treasury     shares 
                                  shares) 
-------------  ---------------  ----------------------  --------------- 
 Rik De Vos     40,000           0.022%                  858,223 
-------------  ---------------  ----------------------  --------------- 
 Chris Smith    41,011           0.023%                  564,161 
-------------  ---------------  ----------------------  --------------- 
 

This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation.

 
 1.   Details of the Persons Discharging Managerial 
       Responsibilities ("PDMR")/Relevant Employees/Person 
       Closely Associated ("PCA") 
---  ------------------------------------------------------------------ 
 a)   Name                             Rik De Vos 
---  -------------------------------  --------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------ 
 b)   Position/Status                  Chief Executive Officer 
---  -------------------------------  --------------------------------- 
 c)   Initial notification/amendment   Initial Notification 
---  -------------------------------  --------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                             McBride plc 
---  -------------------------------  --------------------------------- 
 b)   LEI                              213800HX7FMPA2CIEF02 
---  -------------------------------  --------------------------------- 
 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               Ordinary shares of 10p each 
       financial instrument, 
       type of instrument 
                                        GB0005746358 
       Identification Code 
---  -------------------------------  --------------------------------- 
 b)   Nature of the transaction        Grant of an award under the 
                                        Company's Long Term Incentive 
                                        Plan as a conditional award 
                                        of shares. Subject to continued 
                                        service, normally vests after 
                                        3 years. 
---  -------------------------------  --------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                         ----------  ---------- 
                                          Nil         228,571 
                                         ----------  ---------- 
---  -------------------------------  --------------------------------- 
 d)   Aggregated information           As above 
       Aggregated volume 
       Price 
---  -------------------------------  --------------------------------- 
 e)   Date of the transaction          9 September 2016 
---  -------------------------------  --------------------------------- 
 f)   Place of transaction             London Stock Exchange 
---  -------------------------------  --------------------------------- 
 
 
 1.   Details of the Persons Discharging Managerial 
       Responsibilities ("PDMR")/Relevant Employees/Person 
       Closely Associated ("PCA") 
---  ------------------------------------------------------------------ 
 a)   Name                             Chris Smith 
---  -------------------------------  --------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------ 
 b)   Position/Status                  Chief Financial Officer 
---  -------------------------------  --------------------------------- 
 c)   Initial notification/amendment   Initial Notification 
---  -------------------------------  --------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                             McBride plc 
---  -------------------------------  --------------------------------- 
 b)   LEI                              213800HX7FMPA2CIEF02 
---  -------------------------------  --------------------------------- 
 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               Ordinary shares of 10p each 
       financial instrument, 
       type of instrument 
                                        GB0005746358 
       Identification Code 
---  -------------------------------  --------------------------------- 
 b)   Nature of the transaction        Grant of an award under the 
                                        Company's Long Term Incentive 
                                        Plan as a conditional award 
                                        of shares. Subject to continued 
                                        service, normally vests after 
                                        3 years. 
---  -------------------------------  --------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                         ----------  ---------- 
                                          Nil         142,857 
                                         ----------  ---------- 
---  -------------------------------  --------------------------------- 
 d)   Aggregated information           As above 
       Aggregated volume 
       Price 
---  -------------------------------  --------------------------------- 
 e)   Date of the transaction          9 September 2016 
---  -------------------------------  --------------------------------- 
 f)   Place of transaction             London Stock Exchange 
---  -------------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 13, 2016 09:11 ET (13:11 GMT)