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 |
---|---|---|---|---|---|
Softcat Plc | LSE:SCT | London | Ordinary Share | GB00BYZDVK82 | ORD �0.0005 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
11.00 | 0.70% | 1,588.00 | 1,592.00 | 1,595.00 | 1,602.00 | 1,562.00 | 1,582.00 | 1,166,125 | 16:35:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computer Related Svcs, Nec | 985.3M | 112.03M | 0.5614 | 28.36 | 3.18B |
TIDMSCT
RNS Number : 3841R
Softcat PLC
08 December 2016
8 December 2016
Softcat plc (the "Company")
Notification of Transactions by
Persons Discharging Managerial Responsibilities
The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to awards of a nil-cost option to persons discharging managerial responsibilities ("PDMR") on 8 December 2016 under the Softcat plc Long Term Incentive Plan ("LTIP"). This announcement is made in accordance with Article 19.3 of MAR.
Softcat plc Long Term Incentive Plan
On 8 December 2016, awards under the Company's Long Term Incentive Plan (the "LTIP") were made as set out in the table below.
The awards were made as nil-cost options and the number of shares over which each nil-cost option was awarded has been calculated by reference to the closing middle market quotation of the ordinary shares derived from the Daily Official List on the dealing day preceding the date of grant.
Performance Conditions and Vesting of Awards
These nil-cost options are subject to the rules of the LTIP and will vest depending on performance against Total Shareholder Return ("TSR") and Earnings per Share ("EPS") targets as measured over a three year performance period.
50% of the Award will be subject to the Company's relative TSR performance against the FTSE 250 (excluding real estate and investment trusts):
TSR performance % of Award vesting Below median Nil At median 30% Upper quartile or above 100%
50% of the Award will be subject to the Company's EPS for FY 2019:
EPS Growth % of Award vesting Less than 20.6 pence Nil 20.6 pence 20% 23.7 pence or above 100%
There will be straight line vesting between the points as outlined above.
The normal date of vesting for these nil-cost options will be 8 December 2019 and the last date for exercise will be 7 December 2026, with dividend equivalents payable in respect of the vesting of nil-cost options in accordance with the rules of the LTIP.
1. Name 2. Status 3. No. of Shares subject to LTIP award ------------------ --------------- --------------------------------------- Martin Hellawell Director/PDMR 176,129 ------------------ --------------- --------------------------------------- Graham Charlton Director/PDMR 119,767 ------------------ --------------- ---------------------------------------
For further information on the LTIP, please refer to the Company's Annual Report and Accounts.
1. Details of PDMR / person closely associated with them ("PCA") ---- -------------------------------------------------------------------- a) Name Martin Hellawell ---- --------------------------------- --------------------------------- 2. Reason for the notification ---- -------------------------------------------------------------------- a) Position CEO / status ---- --------------------------------- --------------------------------- b) Initial notification Initial Notification / amendment ---- --------------------------------- --------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- -------------------------------------------------------------------- a) Name Softcat 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 Ordinary Shares of GBP0.0005 of the financial each instrument ISIN: GB00BYZDVK82 Identification Code ---- --------------------------------- --------------------------------- b) Nature of Grant of nil cost option over the transaction Ordinary Shares of GBP0.0005 each under the Softcat plc Long Term Incentive Plan ---- --------------------------------- --------------------------------- c) Price(s) Price(s) Volume(s) and volume(s) --------- ---------- 0.00 176,129 --------- ---------- ---- --------------------------------- --------------------------------- d) Aggregated information N/A Aggregated volume Price ---- --------------------------------- --------------------------------- Date of the e) transaction 2016-12-08 ---- --------------------------------- --------------------------------- f) Place of the transaction Outside a trading venue ---- --------------------------------- --------------------------------- 1. Details of PDMR / person closely associated with them ("PCA") ---- -------------------------------------------------------------------- a) Name Graham Charlton ---- --------------------------------- --------------------------------- 2. Reason for the notification ---- -------------------------------------------------------------------- a) Position CFO / status ---- --------------------------------- --------------------------------- b) Initial notification Initial Notification / amendment ---- --------------------------------- --------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- -------------------------------------------------------------------- a) Name Softcat 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 Ordinary Shares of GBP0.0005 of the financial each instrument ISIN: GB00BYZDVK82 Identification Code ---- --------------------------------- --------------------------------- b) Nature of Grant of nil cost option over the transaction Ordinary Shares of GBP0.0005 each under the Softcat plc Long Term Incentive Plan ---- --------------------------------- --------------------------------- c) Price(s) Price(s) Volume(s) and volume(s) --------- ---------- 0.00 119,767 --------- ---------- ---- --------------------------------- --------------------------------- d) Aggregated information N/A Aggregated volume Price ---- --------------------------------- --------------------------------- Date of the e) transaction 2016-12-08 ---- --------------------------------- --------------------------------- f) Place of the transaction Outside a trading venue ---- --------------------------------- ---------------------------------
Capita Company Secretarial Services Limited - Company Secretary
8 December 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHFMMGZNRDGVZM
(END) Dow Jones Newswires
December 08, 2016 12:35 ET (17:35 GMT)
1 Year Softcat Chart |
1 Month Softcat 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