Worldpay Group PLC Director/PDMR Shareholding (1002A)

TIDMWPG

RNS Number : 1002A

Worldpay Group PLC

21 March 2017

21 March 2017

Worldpay Group plc

NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Grant of Awards under the Worldpay Group plc Performance Share Plan (the "PSP"), Conditional Share Plan (the "CSP") and Deferred Bonus Share Plan (the "DBSP")

In accordance with Disclosure and Transparency Rule 3.1.4(R)(1)(a), Worldpay Group plc (the "Company") announces that on 20 March 2017, the persons listed below were granted the following conditional share awards over the Company's Ordinary Shares of 3p each under the Worldpay Group plc PSP and DBSP:

 
 Director         PSP Grant   DBSP Grant 
 Philip Jansen    589,663     179,720 
 Rick Medlock     260,145     84,576 
 Ron Kalifa       247,138     80,356 
 
 
 PDMR               PSP Grant   DBSP Grant 
 Shane Happach      156,087     50,745 
 Kim Crawford 
  Goodman           180,662     9,644 
 Andy Doyle         104,058     50,745 
 Ruwan De Soyza     86,715      N/A 
 Mark Kimber        124,453     60,700 
 Ruth Prior         121,401     55,243 
  Kevin McCarten     164,758     25,910 
 Peter Jackson*     156,087     N/A 
 

*In addition, on 20 March, 2017, Peter Jackson, PDMR, also received an award of 173,431 conditional shares under the Worldpay Group plc CSP further to his appointment as CEO Worldpay UK effective 1 March 2017.

All awards were calculated using a market price of 288.3 pence per share, being the average of the closing prices on 15, 16 and 17 March 2017.

PSP

The conditional share awards granted under the PSP will vest on 20 March 2020, subject to continued employment during the performance period and the achievement of key financial and strategic performance conditions which are aligned to the Company's strategic plan. The performance conditions, together with full details of previous awards to the Executive Directors and their current shareholdings, will be fully disclosed in the Remuneration Report in the 2016 Annual Report and Accounts.

DBSP

Under the rules of the DBSP, one-third of the annual bonus payable to the above PDMRs is deferred and an award of shares in respect of the deferred amount is made under the DBSP. The shares awarded vesting three years after the cash bonus payment date, subject to certain clawback provisions as described more fully in the Remuneration Report in the 2016 Annual Report and Accounts.

CSP

The conditional share award granted to Peter Jackson under the CSP has a restricted holding period which ends on 31 December 2018, subject to continued employment during the holding period.

Annual Report and Accounts

The Annual Report and Accounts will be published in early April 2017 on our website at http://investors.worldpay.com/.

 
  Investor relations: 
   Charles King, Investor 
   Relations Director 
   Media:                        Tel: +44 (0) 
   Claire Hardy, Head of         203 664 6171 
   External Communications       Tel: +44 (0) 
   James Murgatroyd / Andrew     203 664 4902 
   Hughes, Finsbury              Tel: +44 (0) 
                                 207 251 3801 
 

Group Company Secretary:

   Derek Woodward, Group Company Secretary              Tel: [phone] 

About Worldpay Group plc

Worldpay (LSE: WPG) is a leader in global payments. We provide an extensive range of technology-led payment products and services to over 400,000 customers, enabling their businesses to grow and prosper. We manage the increasing complexity of the payments landscape for our customers, allowing them to accept the widest range of payment types around the world. Using our network and technology, we are able to process payments from geographies covering 99% of global GDP, across 146 countries and 126 currencies. We help our customers to accept more than 300 different payment types. http://investors.worldpay.com/

This information is provided by RNS

The company news service from the London Stock Exchange

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March 21, 2017 10:08 ET (14:08 GMT)