Stock Spirits Group PLC Director/PDMR Shareholding (2564S)

TIDMSTCK

RNS Number : 2564S

Stock Spirits Group PLC

19 December 2016

19 December 2016

Stock Spirits Group PLC

Notification and public disclosure of transactions by persons discharging managerial responsibilities or persons closely associated with them

Share Option Award

Stock Spirits Group PLC (the "Company") announces that an option over ordinary shares in the Company has been granted to the following person discharging managerial responsibilities ("PDMR").

 
 Name of PDMR    Number of ordinary shares 
                       in the Company 
--------------  -------------------------- 
 Marek Sypek             1,000,000 
--------------  -------------------------- 
 

The option was granted as part of the recruitment remuneration arrangements agreed with Mr Sypek when he was recruited as Managing Director, Poland.

Subject to the satisfaction of performance conditions related to key financial metrics, the option will vest as to: (a) one third of the shares, on 14 June 2019, (b) one third of the shares, on 14 June 2020 and (c) as to one third of the shares, on 14 June 2021.

For further information:

 
Stock Spirits Group:                         [phone] 
-------------------------------------------  -------------------- 
Steve Weatherley, Acting Company Secretary 
-------------------------------------------  -------------------- 
 

Notification of Dealing Form

 
1.  Details of the Person Discharging Managerial 
     Responsibilities ("PDMR") / person closely 
     associated with them ("PCA") 
    ---------------------------------------------------------------- 
a)  Name                   MAREK SYPEK 
    ---------------------  ----------------------------------------- 
2.  Reason for the notification 
    ---------------------------------------------------------------- 
a)  Position                 MANAGING DIRECTOR, POLAND 
     /status 
    -----------------------  --------------------------------------- 
b)  Initial notification     INITIAL NOTIFICATION 
     / amendment 
    -----------------------  --------------------------------------- 
3.  Details of the Issuer 
    ---------------------------------------------------------------- 
a)  Name                     STOCK SPIRITS GROUP PLC 
    -----------------------  --------------------------------------- 
b)  LEI code                 213800O218GITCJG5984 
    -----------------------  --------------------------------------- 
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 10 pence EACH 
     of the financial 
     instrument, 
     type of instrument 
     Identification 
     code 
    --------------------- 
                           ISIN: GB00BF5SDZ96 
    ---------------------  ----------------------------------------- 
b)  Nature of              GRANT OF AN OPTION OVER ORDINARY SHARES 
     the transaction 
    ---------------------  ----------------------------------------- 
c)  Price(s)               Price(s)   Volume(s) 
     and volume(s)          N/A        1,000,000 
    ---------------------  ----------------------------------------- 
d)  Aggregated             N/A 
     information 
     - Aggregated 
     volume 
     - Price 
    ---------------------  ----------------------------------------- 
e)  Date of the            19 DECEMBER 2016 
     transaction 
    ---------------------  ----------------------------------------- 
f)  Place of               OUTSIDE A TRADING VENUE 
     the transaction 
    ---------------------  ----------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 19, 2016 07:59 ET (12:59 GMT)