We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mccarthy & Stone Plc | LSE:MCS | London | Ordinary Share | GB00BYNVD082 | ORD 8P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 119.80 | 119.80 | 120.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMCS
RNS Number : 0216X
McCarthy & Stone PLC
20 November 2017
20 November 2017
McCarthy & Stone plc (the "Company")
Notification of Transactions by
Persons Discharging Managerial Responsibilities
Pursuant to the notification obligations under article 19.3 of the Market Abuse Regulation, the Company announces the following changes in the interests of directors and persons discharging managerial responsibilities ("PDMRs") in the ordinary shares of 8 pence nominal value in the Company ("Shares").
McCarthy & Stone plc Long Term Incentive Plan
On 17 November 2017, awards under the Company's Long Term Incentive Plan (the "LTIP") were made as set out below.
The awards were made as nil-cost options and the number of shares over which each nil-cost option was awarded was calculated by reference to the closing price of the Shares as derived from the Daily Official List of the London Stock Exchange on 16 November 2017. These nil-cost options are subject to the rules of the LTIP and will vest depending on performance against Total Shareholder Return ("TSR"), Earnings per Share ("EPS") and Return on Capital Employed ("ROCE") targets as measured over a three-year performance period.
The performance conditions and targets for this LTIP grant are:
-- Relative TSR measured against two groups equally weighted (housebuilder peer index and FTSE 250 constituents) - Threshold: equal to housebuilder index/ median of FTSE 250, Maximum: housebuilder index + 7.5% per annum/upper quartile of FTSE 250;
-- FY20 ROCE - Threshold: 20%, Maximum: 25%; -- FY20 EPS - Threshold: 21.8p, Maximum: 27.8p.
The normal date of vesting for these nil-cost options will be 17 November 2020 and the last date for exercise will be 17 November 2027, with dividend equivalents payable in respect of the vesting of nil-cost options in accordance with the rules of the LTIP. These awards will be subject to a two-year post-vesting holding period.
1 Details of the person discharging managerial responsibilities/person closely associated --- ----------------------------------------------------------------------------------------------------------------- a) Name Clive Fenton --- -------------------------------------------------------- ------------------------------------------------------- 2 Reason for the notification --- ----------------------------------------------------------------------------------------------------------------- a) Position/status Chief Executive Officer --- -------------------------------------------------------- ------------------------------------------------------- b) Initial notification/Amendment Initial notification --- -------------------------------------------------------- ------------------------------------------------------- 3 Details of the issuer --- ----------------------------------------------------------------------------------------------------------------- a) Name McCarthy & Stone plc --- -------------------------------------------------------- ------------------------------------------------------- b) LEI 213800CEJ4OQ5YPU8Z37 --- -------------------------------------------------------- ------------------------------------------------------- 4 Details of the transaction --- ----------------------------------------------------------------------------------------------------------------- a) Description of the financial instrument, type of Ordinary Shares of 8 pence nominal value each instrument Identification code GB00BYNVD082 --- -------------------------------------------------------- ------------------------------------------------------- b) Nature of the transaction Grant of nil-cost option over Ordinary Shares under the McCarthy & Stone plc Long Term Incentive Plan --- -------------------------------------------------------- ------------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP0.00 458,716 --- -------------------------------------------------------- ------------------------------------------------------- d) Aggregated information- Aggregated volume 458,716 - Price GBP0.00 --- -------------------------------------------------------- ------------------------------------------------------- e) Date of the transaction 2017-11-17 --- -------------------------------------------------------- ------------------------------------------------------- f) Place of the transaction Outside a trading venue --- -------------------------------------------------------- ------------------------------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated --- ----------------------------------------------------------------------------------------------------------------- a) Name John Tonkiss --- -------------------------------------------------------- ------------------------------------------------------- 2 Reason for the notification --- ----------------------------------------------------------------------------------------------------------------- a) Position/status Chief Operating Officer --- -------------------------------------------------------- ------------------------------------------------------- b) Initial notification/Amendment Initial notification --- -------------------------------------------------------- ------------------------------------------------------- 3 Details of the issuer --- ----------------------------------------------------------------------------------------------------------------- a) Name McCarthy & Stone plc --- -------------------------------------------------------- ------------------------------------------------------- b) LEI 213800CEJ4OQ5YPU8Z37 --- -------------------------------------------------------- ------------------------------------------------------- 4 Details of the transaction --- ----------------------------------------------------------------------------------------------------------------- a) Description of the financial instrument, type of Ordinary Shares of 8 pence nominal value each instrument Identification code GB00BYNVD082 --- -------------------------------------------------------- ------------------------------------------------------- b) Nature of the transaction Grant of nil-cost option over Ordinary Shares under the McCarthy & Stone plc Long Term Incentive Plan --- -------------------------------------------------------- ------------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP0.00 302,752 --- -------------------------------------------------------- ------------------------------------------------------- d) Aggregated information- Aggregated volume 302,752 - Price GBP0.00 --- -------------------------------------------------------- ------------------------------------------------------- e) Date of the transaction 2017-11-17 --- -------------------------------------------------------- ------------------------------------------------------- f) Place of the transaction Outside a trading venue --- -------------------------------------------------------- ------------------------------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated --- ----------------------------------------------------------------------------------------------------------------- a) Name Rowan Baker --- -------------------------------------------------------- ------------------------------------------------------- 2 Reason for the notification --- ----------------------------------------------------------------------------------------------------------------- a) Position/status Chief Financial Officer --- -------------------------------------------------------- ------------------------------------------------------- b) Initial notification/Amendment Initial notification --- -------------------------------------------------------- ------------------------------------------------------- 3 Details of the issuer --- ----------------------------------------------------------------------------------------------------------------- a) Name McCarthy & Stone plc
--- -------------------------------------------------------- ------------------------------------------------------- b) LEI 213800CEJ4OQ5YPU8Z37 --- -------------------------------------------------------- ------------------------------------------------------- 4 Details of the transaction --- ----------------------------------------------------------------------------------------------------------------- a) Description of the financial instrument, type of Ordinary Shares of 8 pence nominal value each instrument Identification code GB00BYNVD082 --- -------------------------------------------------------- ------------------------------------------------------- b) Nature of the transaction Grant of nil-cost option over Ordinary Shares under the McCarthy & Stone plc Long Term Incentive Plan --- -------------------------------------------------------- ------------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP0.00 261,468 --- -------------------------------------------------------- ------------------------------------------------------- d) Aggregated information- Aggregated volume 261,468 - Price GBP0.00 --- -------------------------------------------------------- ------------------------------------------------------- e) Date of the transaction 2017-11-17 --- -------------------------------------------------------- ------------------------------------------------------- f) Place of the transaction Outside a trading venue --- -------------------------------------------------------- -------------------------------------------------------
For further information, please contact:
Patrick Hole
Group General Counsel and Company Secretary
Telephone : 01202 508040
-- Ends --
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHBLBDBBSDBGRG
(END) Dow Jones Newswires
November 20, 2017 11:44 ET (16:44 GMT)
1 Year Mccarthy & Stone Chart |
1 Month Mccarthy & Stone Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions