BBA Aviation PLC Director/PDMR Shareholding (1343O)

TIDMBBA

RNS Number : 1343O

BBA Aviation PLC

30 September 2019

30 September 2019

Director / PDMR Shareholding

The following announcement and notification is made in accordance with Article 19 of the EU Market Abuse Regulation.

Savings Related Share Option Scheme - Grant of Options

The following options over BBA Aviation plc ordinary shares of 29(16/21) pence each were granted on 27 September 2019 to the directors listed below under the Company's Savings Related Share Option Scheme.

 
                                         Number of Options 
 Mark Johnstone (Group Chief 
  Executive)                                   3,501 
 David Crook (Group Finance Director)          7,003 
 

The options were granted at an option price of GBP2.57 per share. In accordance with the Scheme Rules these options will become exercisable from 1 December 2022.

The forms required under the EU Market Abuse Regulation follow.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Mark Johnstone 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Group Chief Executive 
     --------------------------  ------------------------------------------- 
 b)   Initial Notification        Initial notification 
       / Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        BBA Aviation plc 
     --------------------------  ------------------------------------------- 
 b)   LEI                         2138001T2QEV5RXMFI32 
     --------------------------  ------------------------------------------- 
 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          Ordinary Shares 
       financial instrument,       ISIN: GB00B1FP8915 
       type of instrument 
       and Identification 
       code 
     --------------------------  ------------------------------------------- 
 b)   Nature of transaction       Grant of share options under the Company's 
                                   Savings Related Share Option Scheme 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)      3,501 shares at GBP2.57 per share 
     -------------------------- 
 
 d)   Aggregated information: 
       Volume, Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     27 September 2019 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Grant of share options occurred outside 
                                   a trading venue 
     --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        David Crook 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Group Finance Director 
     --------------------------  ------------------------------------------- 
 b)   Initial Notification        Initial notification 
       / Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        BBA Aviation plc 
     --------------------------  ------------------------------------------- 
 b)   LEI                         2138001T2QEV5RXMFI32 
     --------------------------  ------------------------------------------- 
 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          Ordinary Shares 
       financial instrument,       ISIN: GB00B1FP8915 
       type of instrument 
       and Identification 
       code 
     --------------------------  ------------------------------------------- 
 b)   Nature of transaction       Grant of share options under the Company's 
                                   Savings Related Share Option Scheme 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)      7,003 shares at GBP2.57 per share 
     -------------------------- 
 
 d)   Aggregated information: 
       Volume, Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     27 September 2019 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Grant of share options occurred outside 
                                   a trading venue 
     --------------------------  ------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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September 30, 2019 05:25 ET (09:25 GMT)