AA PLC Director/PDMR Shareholding (9315G)

TIDMAA.

RNS Number : 9315G

AA PLC

09 November 2018

AA plc

("AA" or the "Company")

Director/PDMR Shareholding

The Company makes a notification in accordance with the requirements of the EU Market Abuse Regulation that options over a number of ordinary shares of 0.1 pence in the share capital of the Company have been granted to certain senior employees pursuant to the Company's 2015 Performance Share Plan approved by the shareholders of the Company on 9 June 2015, and in line with the Remuneration Policy of the Company approved by shareholders at the 2018 Annual General Meeting.

The options are granted at nil cost and are subject to the satisfaction of stretching performance conditions that directly support the Company's strategy, and include malus, clawback and holding period provisions. The options do not represent any holding of listed shares in the Company, therefore the executive director's shareholdings in the Company are unchanged.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                       Martin Clarke 
     -----------------------------------------  ------------------------ 
 2)   Reason for the notification 
     -----------------------------------------  ------------------------ 
 a)   Position                                   CFO/PDMR 
     -----------------------------------------  ------------------------ 
 b)   Initial / Amendment                        Initial notification 
     -----------------------------------------  ------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                                       AA plc 
     -----------------------------------------  ------------------------ 
 b)   LEI                                        213800DTPE4O5OI17349 
     -----------------------------------------  ------------------------ 
 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,   Options over Ordinary 
       type of instrument                         shares of 0.1p in the 
                                                  capital of the Company 
                                                  GB00BMSKPJ95 
     -----------------------------------------  ------------------------ 
 b)   Nature of the transaction                  Grant of options over 
                                                  Ordinary shares of 
                                                  0.1p in the capital 
                                                  of the Company 
     -----------------------------------------  ------------------------ 
 c)    Price(s) and volume(s)                    Nil priced options 
                                                  over 793,388 Ordinary 
                                                  shares of 0.1p in the 
                                                  capital of the Company 
     -----------------------------------------  ------------------------ 
 d)        Aggregated information                N/A 
             *    Aggregated volume 
 
 
             *    Aggregated price 
 
 
             *    Aggregated cost 
     -----------------------------------------  ------------------------ 
 e)   Date of the transaction                    7 November 2018 
     -----------------------------------------  ------------------------ 
 c)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  ------------------------ 
 

09 November 2018

Zeeshan Maqbool

Head of Investor Relations

[phone]

Nadia Hoosen

General Counsel and Company Secretary

[phone]

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November 09, 2018 09:00 ET (14:00 GMT)