C&C Group Plc Director/PDMR Shareholding (0656D)

TIDMCCR

RNS Number : 0656D

C&C Group Plc

24 June 2021

C&C Group plc ("the Company")

Notification of transactions of directors/persons discharging managerial responsibilities and their connected persons

Directors' purchase of ordinary shares in the Company ("Shares")

In accordance with UK MAR Art 19(3), the Company announces that it was Monday, 21 June 2021 notified (in accordance with UK MAR Art 19(1)) that the Directors had purchased Shares under the Company's 6 for 23 rights issue at 186 pence per Share.

 
 Name                                        Number of Shares purchased 
                                              under the rights issue 
 
   Stewart Gilliland 
   Patrick McMahon 
   Part A of C&C Group plc Profit Sharing      36,924 
   Scheme 
   Other Ordinary Shares                       662 
   Andrea Pozzi                                12,906 
   Part B of C&C Group plc Profit Sharing 
   Scheme                                      34 
   Other Ordinary Shares                       32,759 
   Jill Caseberry                              1,304 
   Jim Clerkin                                 11,739 
   Vincent Crowley                             5,217 
   Emer Finnan                                 2,074 
 

Adjusted Share options under the Company's share plans

In accordance with UK MAR Art 19(3), the Company announces that it was Monday, 21 June 2021 notified (in accordance with UK MAR Art 19(1)) that, following the Company's 6 for 23 rights issue at 186 pence per Share, adjustments had been made to options granted under the Company's share plans to take account of the rights issue on the basis described below.

The adjustments increase the number of Shares subject to options by a factor of 106.71% and, where applicable, reduce the exercise price per Share by a factor of 93.70%. The adjustments to the options held by Directors under each plan are set out below.

1. The Company made adjustments to options over Shares granted under the C&C Group plc 2015 Long Term Incentive Plan for the following Directors:

 
 Name                            Number of        Number of           Exercise 
                                  Shares under     Shares under        price following 
                                  Option before    Option following    adjustment 
                                  adjustment       adjustment          (GBP) 
 David Forde 
  3 November 2020 (Buy-out 1)     421,318          449,627             0 
  3 November 2020 (Buy-out 2)      421,318          449,627             0 
  2 December 2020                  363,357          387,772             0 
 Patrick McMahon 
  2 December 2020                  221,174          236,035             0 
 Andrea Pozzi 
  23 May 2019                     142,904          152,506             0 
  2 December 2020                  188,421          201,081             0 
 

2. The Company made adjustments to options over Shares granted under the C&C Group plc Executive Share Option Scheme for the following Directors:

 
 Name            Number of        Number of           Exercise 
                  Shares under     Shares under        price following 
                  Option before    Option following    adjustment 
                  adjustment       adjustment          (GBP) 
 Andrea Pozzi 
 1 June 2017     146,833          156,699             2.75126 
 

Mark Chilton

Company Secretary and Group General Counsel

24 June 2021

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHEAKKLAEKFEFA

(END) Dow Jones Newswires

June 24, 2021 12:22 ET (16:22 GMT)