Softcat PLC Director/PDMR Shareholding (0564Y)

TIDMSCT

RNS Number : 0564Y

Softcat PLC

30 November 2017

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 nil-cost options to persons discharging managerial responsibilities ("PDMR") on 28 November 2017 under the Softcat plc Annual and Deferred Bonus Plan ("ABP"). This announcement is made in accordance with Article 19.3 of MAR.

Softcat plc Annual and Deferred Bonus Plan

On 28 November 2017, awards under the Company's Annual and Deferred Bonus Plan (the "ABP") 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 average share price over the last 30 days of the Financial Year to which the Bonus Award relates (FY17) (385.31 pence) in accordance with the rules of the ABP.

The awards are not subject to the achievement of performance conditions. The normal date of vesting for these nil-cost options will be 28 November 2020 and the last date for exercise will be 27 November 2027, with dividend equivalents payable in respect of the vesting of nil-cost options in accordance with the rules of the ABP.

 
      1. Name          2. Status      3. No. of Shares subject to ABP award 
------------------  ---------------  -------------------------------------- 
 Martin Hellawell    Director/PDMR                   44,552 
------------------  ---------------  -------------------------------------- 
  Graham Charlton    Director/PDMR                   18,177 
------------------  ---------------  -------------------------------------- 
 

For further information on the ABP, 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 Annual 
                                           and Deferred Bonus Plan 
----  ---------------------------------  ----------------------------------- 
 c)    Price(s)                            Price(s)   Volume(s) 
        and volume(s)                      ---------  ---------- 
                                            0.00       44,552 
                                           ---------  ---------- 
----  ---------------------------------  ----------------------------------- 
 d)    Aggregated 
        information                         N/A 
        Aggregated 
        volume 
        Price 
----  ---------------------------------  ----------------------------------- 
       Date of the 
 e)     transaction                         2017-11-28 
----  ---------------------------------  ----------------------------------- 
 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 Annual 
                                           and Deferred Bonus Plan 
----  ---------------------------------  ----------------------------------- 
 c)    Price(s)                            Price(s)   Volume(s) 
        and volume(s)                      ---------  ---------- 
                                            0.00       18,177 
                                           ---------  ---------- 
----  ---------------------------------  ----------------------------------- 
 d)    Aggregated 
        information                         N/A 
        Aggregated 
        volume 
        Price 
----  ---------------------------------  ----------------------------------- 
       Date of the 
 e)     transaction                         2017-11-28 
----  ---------------------------------  ----------------------------------- 
 f)    Place of 
        the transaction                     Outside a trading venue 
----  ---------------------------------  ----------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHZMMFMNGDGNZM

(END) Dow Jones Newswires

November 30, 2017 12:25 ET (17:25 GMT)