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SGP Supergroup

2,060.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Supergroup LSE:SGP London Ordinary Share GB00B60BD277 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2,060.00 2,052.00 2,054.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

SuperGroup PLC Director/PDMR Shareholding (1299W)

06/02/2017 12:10pm

UK Regulatory


Supergroup (LSE:SGP)
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From Mar 2019 to Mar 2024

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TIDMSGP

RNS Number : 1299W

SuperGroup PLC

06 February 2017

SuperGroup Plc

("SuperGroup" or the "Company")

6 February 2017

Notification and public disclosure of transactions by Director/persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")

On 1 February 2017, the PDMR named below was granted the following awards over the ordinary shares of 5 pence each ("Ordinary Shares") in the capital of SuperGroup:

(A) Conditional share awards under the terms of the SuperGroup 2016 Performance Share Plan ("PSP"); and

(B) A conditional one-off Restricted Share Award ("RSA")

Details of the number of Ordinary Shares subject to such awards are set out in the table immediately below.

 
 Name / Position of        Number of Ordinary Shares 
  PDMR                      subject to award 
------------------------  -------------------------- 
 Hugo Adams - Group        (A) 28,135 
  Marketing and Business 
  Development Director 
                            (B) 4,000 
------------------------  -------------------------- 
 

Awards (A) and (B) were notified to the Company by the PDMR on 6 February 2017.

   (A)     PSP 

No consideration was paid for the grant of this award which is structured as a conditional award. The vesting of the award is subject to the satisfaction of the following performance conditions, measured over a performance period of three financial years of the Company ending with the 2018/2019 financial year:

1. 70% of the award is based on the compound annual growth rate ("CAGR") in the Company's earnings per share ("EPS") measured over the performance period.

-- 25% of the EPS-related part of the award will vest if the CAGR in the EPS is 8%, increasing on a straight-line basis to 50% vesting if the CAGR in the EPS is 10% and increasing on a straight-line basis to 100% vesting if the CAGR in the EPS is 12% or more.

2. 30% of the award is based on comparing the Company's total shareholder return ("TSR") measured over the performance period against the TSR over the performance period of each company in a bespoke group of companies selected from appropriate subsectors of the FTSE All Share Index ("Comparator Group").

-- 25% of the TSR-related part of the award will vest if the Company's TSR is ranked at the median of the companies in the Comparator Group by reference to their TSR, increasing on a straight-line basis to 100% vesting if the Company's TSR is ranked at the upper quartile of the companies in the Comparator Group by reference to their TSR or higher than such upper quartile.

Performance against each target is assessed independently. The award will normally vest on the later of the third anniversary of grant and the determination of the performance conditions. The award is subject to the rules of the Plan and in particular the malus and clawback provisions set out therein.

   (B)     RSA 

No consideration was paid for the grant of the award. The award will normally vest on 30 June 2018 subject to the PDMR's continued services with the Company. If vesting falls in a period when the PDMR is prohibited from dealing in Ordinary Shares, vesting will take place on the first dealing day immediately following 30 June 2018 on which the PDMR is permitted to deal in Shares.

This announcement, including the notification(s) below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------------- 
 a)   Name                             Hugo Adams 
---  -------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------------- 
 a)   Position/status                  Group Marketing and Business 
                                        Development Director 
---  -------------------------  ----------------------------------------- 
 b)   Initial notification              Initial Notification 
       /Amendment 
---  -------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------------- 
 a)   Name                              SuperGroup Plc 
---  -------------------------  ----------------------------------------- 
 b)   LEI                               213800GAQMT2WL7BW361 
---  -------------------------  ----------------------------------------- 
 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                    Ordinary shares of 5 pence 
       the financial                     each 
       instrument, type 
       of instrument 
 
       Identification                    ISIN: GB00B60BD277 
       code 
---  -------------------------  ----------------------------------------- 
 b)   Nature of the                    Grant of: (A) Conditional 
       transaction                      share awards under the SuperGroup 
                                        2016 Performance Share Plan; 
                                        and (B) A conditional one-off 
                                        Restricted Share Award. 
---  -------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ----------- 
                                    (A) GBP15.461    (A) 28,135 
                                     (B) GBP15.461    (B) 4,000 
                                   ---------------  ----------- 
---  -------------------------  ----------------------------------------- 
 d)   Aggregated information            Price(s)            Aggregated 
                                                              volume (s) 
                                        ------------------  ------------ 
                                         (A) GBP434,995.24   (A) 28,135 
                                          (B) GBP61,844.00    (B) 4,000 
                                        ------------------  ------------ 
---  -------------------------  ----------------------------------------- 
 e)   Date of the transaction          1 February 2017 
---  -------------------------  ----------------------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) 
---  -------------------------  ----------------------------------------- 
 

Enquiries:

 
 SuperGroup Plc 
 Vanessa Lewis Camacho    +44 (0) 7825 912980 
 Company Secretary 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHTFMTTMBBMBMR

(END) Dow Jones Newswires

February 06, 2017 07:10 ET (12:10 GMT)

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