Atkins (WS) PLC Director/PDMR Shareholding (5780I)

TIDMATK

RNS Number : 5780I

Atkins (WS) PLC

31 August 2016

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The attached individual notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to the exercise of an award granted under the terms of the WS Atkins plc Long-term Growth Unit Plan ("LGU") on behalf of a person discharging managerial responsibilities ("PDMR"). This announcement is made in accordance with article 19.3 of MAR.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                       Jeffrey Scott Herriman 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Corporate Development Director 
                                  / PDMR 
---  -------------------------  --------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------ 
 a)   Name                       WS Atkins 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 of 
       the financial               Ordinary shares of 0.5 pence 
       instrument, type            each 
       of instrument 
                                   GB0000608009 
       Identification 
       code 
---  -------------------------  --------------------------------- 
 b)   Nature of the 
       transaction                 Following the application 
                                   of a scaleback factor, 2,625 
                                   units (market-value options 
                                   with an 6.67 GBP exercise 
                                   price) were exercised under 
                                   the terms of the LGU. 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    6.67 GBP    2,625 
                                   ----------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         2,625 
 
 
       - Price                     6.67 GBP 
---  -------------------------  --------------------------------- 
 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 
       the financial               Ordinary shares of 0.5 pence 
       instrument, type            each 
       of instrument 
                                   GB0000608009 
       Identification 
       code 
---  -------------------------  --------------------------------- 
 b)   Nature of the 
       transaction                 1,167 shares withheld based 
                                   on share price on exercise 
                                   (net settlement) to cover 
                                   the total exercise cost of 
                                   17,508.75 GBP (2,625 x 6.67 
                                   GBP). 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                   -----------  ---------- 
                                    15.01 GBP    1,167 
                                   -----------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         1,167 
 
 
       - Price                     15.01 GBP 
---  -------------------------  --------------------------------- 
 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 
       the financial               Ordinary shares of 0.5 pence 
       instrument, type            each 
       of instrument 
                                   GB0000608009 
       Identification 
       code 
---  -------------------------  --------------------------------- 
 b)   Nature of the 
       transaction                 An additional 482 shares 
                                   sold to meet the tax liability 
                                   due on the exercise of the 
                                   LGU units. 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                   -----------  ---------- 
                                    15.05 GBP    482 
                                   -----------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         482 
 
 
       - Price                     15.05 GBP 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    2016-08-26 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  --------------------------------- 
 

Guy Holden

Company Secretariat

(Responsible for releasing this announcement)

2016-08-31

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 31, 2016 08:37 ET (12:37 GMT)