We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Virgin Money | LSE:VM. | London | Ordinary Share | GB00BQ8P0644 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 349.30 | 348.20 | 349.40 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMVM.
RNS Number : 5846Z
Virgin Money Holdings (UK) PLC
15 March 2017
15 March 2017
Virgin Money Holdings (UK) PLC (the Company)
ISIN: GB00BQ8P0644
NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
GRANTS UNDER THE DEFERRED BONUS SHARE PLAN (DBSP) AND LONG TERM INCENTIVE PLAN (LTIP)
DBSP
On 15 March 2017, the following PDMRs of the Company were each awarded a right to receive ordinary shares of 0.01p each in the capital of the Company, in accordance with the rules of the DBSP, in respect of 2016 financial year performance.
The 1(st) tranche vested immediately on grant with the remaining award vesting in tranches under the terms of the DBSP, from either (i) the first anniversary of grant to the fifth anniversary, (ii) the first anniversary of grant to the seventh anniversary or from (iii) the third anniversary of grant to the seventh anniversary.
After sales for any tax liability arising on vesting, for which a separate announcement will be made in connection with the 1(st) tranche vesting, on or around 17 March 2017, the net shares at each vesting will be subject to a further six-month holding period before any further sales or transfers can be effected.
LTIP
On 15 March 2017, the following PDMRs of the Company were each awarded conditional rights to acquire ordinary shares of 0.01p in the capital of the Company in accordance with the rules of the LTIP.
The LTIP awards will vest in equal tranches from the fourth anniversary of the date of grant to either the sixth or eighth such anniversary, subject to performance against agreed performance conditions over the period 1 January 2017 to 31 December 2019.
Once the awards have vested, the PDMRs will be required to hold the ordinary shares for a further one year period after any sales for tax arising on the vesting of the shares.
Hot Features
Premium
PDMR Total DBSP Total LTIP
Award(1) Award(1)
------------------- ----------- -----------
Jayne-Anne Gadhia 207,887(^) 340,568*
------------------- ----------- -----------
Peter Bole 14,552(^) 183,430*
------------------- ----------- -----------
Tim Arthur 7,691 53,500
------------------- ----------- -----------
Hugh Chater 35,340(^) 102,415*
------------------- ----------- -----------
Matt Elliott 49,892 84,072
------------------- ----------- -----------
Andrew Emuss 56,129 93,243
------------------- ----------- -----------
Michele Greene 62,366(#) 58,009
------------------- ----------- -----------
Caroline Marsh 47,814 74,900
------------------- ----------- -----------
Marian Martin 77,957(^) 105,090*
------------------- ----------- -----------
Mark Parker 57,169 122,286
------------------- ----------- -----------
(1) Calculated using the middle market quotation as derived from the Daily Official List of the London Stock Exchange on 14 March 2017, being the day before the date of grant of the award.
^ Denotes award vesting from third anniversary of date of grant to seventh such anniversary
# Denotes award vesting from first anniversary of date of grant to seventh such anniversary
* Denotes award vesting from fourth anniversary of date of grant to eighth such anniversary
All transactions took place in the UK and the Shares are listed on the London Stock Exchange.
This notification is made in accordance with the Market Abuse Regulation, Article 19(3), further details below.
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Jayne-Anne Gadhia
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Chief Executive Officer
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 207,887 3.271
-------- --------- ------------
LTIP17 340,568 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Peter Bole
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Chief Financial Officer
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 14,552 3.271
-------- --------- ------------
LTIP17 183,430 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Tim Arthur
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Creative Director
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 7,691 3.271
-------- --------- ------------
LTIP17 53,500 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Hugh Chater
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Chief Commercial Officer
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 35,340 3.271
-------- --------- ------------
LTIP17 102,415 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Matt Elliott
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status People Director
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 49,892 3.271
-------- --------- ------------
LTIP17 84,072 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Andrew Emuss
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status General Counsel
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 56,129 3.271
-------- --------- ------------
LTIP17 93,243 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Michele Greene
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Director of Strategic Development
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 62,366 3.271
-------- --------- ------------
LTIP17 58,009 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Caroline Marsh
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Director of Culture
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 47,814 3.271
-------- --------- ------------
LTIP17 74,900 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Marian Martin
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Chief Risk Officer
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 77,957 3.271
-------- --------- ------------
LTIP17 105,090 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--------------------------------------------------------------------------
Name: Mark Parker
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Chief Operating Officer
-------------------------------- ----------------------------------------
Initial notification/amendments Initial notification
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal Virgin Money Holdings (UK)
entity plc
-------------------------------- ----------------------------------------
Legal Entity 213800TAU9ZX2WZNCO64
Identifier code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of financial Ordinary shares of 0.01p
instrument, type each
of instrument
---------------------------------- --------------------------------------
Identification code GB00BQ8P0644
---------------------------------- --------------------------------------
Nature of transaction Grant of shares under
the Deferred Share Bonus
Plan (DBSP) and Long Term
Incentive Plan (LTIP).
---------------------------------- --------------------------------------
Currency GBP
---------------------------------- --------------------------------------
Price and volume Grants
---------------------------------
Scheme No. of Price (GBP)
Shares
Granted
-------- --------- ------------
DBSP
FY16 57,169 3.271
-------- --------- ------------
LTIP17 122,286 3.271
-------- --------- ------------
---------------------------------- --------------------------------------
Aggregated information See above
---------------------------------- --------------------------------------
Date of transaction 15 March 2017
---------------------------------- --------------------------------------
Place of transaction London Stock Exchange
(XLON)
---------------------------------- --------------------------------------
Enquiries:
Virgin Money Investor Relations
Adam Key
020 7111 1311 or adam.key@virginmoney.com
Virgin Money Company Secretary
Katie Marshall
0191 279 6482 or katie.marshall@virginmoney.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHLLFLSVFIELID
(END) Dow Jones Newswires
March 15, 2017 11:00 ET (15:00 GMT)
1 Year Virgin Money Chart |
1 Month Virgin Money 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
