Atkins (WS) PLC Director/PDMR Shareholding (1232L)

TIDMATK

RNS Number : 1232L

Atkins (WS) PLC

28 September 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                        Heath Stewart Drewett 
---  --------------------------  -------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------ 
 a)   Position/status             Group Finance 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                         213800K6B5Q9X8Z1HI36 
---  --------------------------  -------------------------------------------- 
 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 instrument,        Ordinary shares of 0.5 pence each 
       type of instrument 
                                    GB0000608009 
       Identification code 
---  --------------------------  -------------------------------------------- 
 b)   Nature of the transaction 
                                    Acquisition following the exercise 
                                    of 7,235 units granted under the 
                                    terms of the LGU, where the value 
                                    of each unit is equal to the difference 
                                    between the Company's 
                                    six-month average share price at 
                                    exercise and the Company's six-month 
                                    average share price at grant. The 
                                    value of any units exercised is delivered 
                                    in the form of Company shares. The 
                                    exercise of 7,235 units equated to 
                                    the acquisition of 3,127 shares. 
---  --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                    ----------  ---------- 
                                     Nil         3,127 
                                    ----------  ---------- 
---  --------------------------  -------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          3,127 
 
 
       - Price                      Nil 
---  --------------------------  -------------------------------------------- 
 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 instrument,        Ordinary shares of 0.5 pence each 
       type of instrument 
                                    GB0000608009 
       Identification code 
---  --------------------------  -------------------------------------------- 
 b)   Nature of the transaction 
                                    Disposal of shares to fund the tax 
                                    liability due on exercise of the 
                                    LGU award. 
---  --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)     Volume(s) 
                                    -----------  ---------- 
                                     15.42 GBP    1,470 
                                    -----------  ---------- 
---  --------------------------  -------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          1,470 
 
 
       - Price                      15.42 GBP 
---  --------------------------  -------------------------------------------- 
 e)   Date of the transaction     2016-09-26 
---  --------------------------  -------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
---  --------------------------  -------------------------------------------- 
 

Guy Holden

Company Secretariat

(Responsible for releasing this announcement)

2016-09-28

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 28, 2016 10:38 ET (14:38 GMT)