Nanoco Group PLC Director/PDMR Shareholding (6941W)

TIDMNANO

RNS Number : 6941W

Nanoco Group PLC

18 April 2019

18 April 2019

NANOCO GROUP PLC

("Nanoco" or the "Company")

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PDMRs

In accordance with the rules of the Company's 2016 deferred bonus plan, Michael Edelman, CEO of the Company, has exercised 108,181 options over ordinary shares of 10p each in the Company ("Ordinary Shares"), granted in November 2016. In order to cover the associated tax liabilities generated by the exercise of these options, 45,797 of these Ordinary Shares have been sold.

The value of the award and the performance targets achieved that resulted in the award were fully disclosed in the Annual Report and Accounts for the year ended 31 July 2016.

Notification of Dealing Form

 
1.  Details of the Person Discharging Managerial Responsibilities 
     ("PDMR") / person closely associated with them ("PCA") 
a)  Name                       MICHAEL EDELMAN 
2.  Reason for the notification 
a)  Position /status           CHIEF EXECUTIVE OFFICER 
b)  Initial notification       INITIAL NOTIFICATION 
     / amendment 
3.  Details of the Issuer 
a)  Name                       NANOCO GROUP PLC 
b)  LEI code                   213800HOSJEZO1KOCV33 
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)  Type of instrument:        ORDINARY SHARES OF 1O PENCE EACH 
     Identification 
     code 
                               ISIN: GB00B01JLR99 
b)  Nature of the transaction  Exercise of options over ordinary shares 
                                of 10p each in the Company 
c)  Price(s) and volume(s)      Price (s)    Volume (s) 
                                 Nil cost     108,181 
                                             ----------- 
d)  Aggregated information:     Aggregated Price   Aggregated Volume   Aggregated Total 
                                 N/A                N/A                 N/A 
                                                   ------------------  ----------------- 
e)  Date of the transaction    18 April 2019 
f)  Place of the transaction   LONDON STOCK EXCHANGE 
 
 
1.  Details of the Person Discharging Managerial Responsibilities 
     ("PDMR") / person closely associated with them ("PCA") 
a)  Name                       MICHAEL EDELMAN 
2.  Reason for the notification 
a)  Position /status           CHIEF EXECUTIVE OFFICER 
b)  Initial notification       INITIAL NOTIFICATION 
     / amendment 
3.  Details of the Issuer 
a)  Name                       NANOCO GROUP PLC 
b)  LEI code                   213800HOSJEZO1KOCV33 
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)  Type of instrument:        ORDINARY SHARES OF 1O PENCE EACH 
     Identification 
     code 
                               ISIN: GB00B01JLR99 
b)  Nature of the transaction  Sale of ordinary shares of 10p each in the 
                                Company ("Ordinary Shares") to cover associated 
                                tax liabilities in connection with the exercise 
                                of options over Ordinary Shares 
c)  Price(s) and volume(s)      Price (s)   Volume (s) 
                                 53.5p       45,797 
                                            ----------- 
d)  Aggregated information:     Aggregated Price   Aggregated Volume   Aggregated Total 
                                 N/A                N/A                 N/A 
                                                   ------------------  ----------------- 
e)  Date of the transaction    18 April 2019 
f)  Place of the transaction   LONDON STOCK EXCHANGE 
 

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April 18, 2019 11:55 ET (15:55 GMT)