Carr's Group PLC Director/PDMR Shareholding (9649T)

TIDMCARR

RNS Number : 9649T

Carr's Group PLC

19 November 2019

19 November 2019

Carr's Group plc

("Carr's", the "Company", or the "Group")

Director/PDMR Shareholdings

Carr's (CARR.L), the agriculture and engineering group, announces the following awards of options over ordinary shares in the Company of 2.5p each ("Ordinary Shares") to certain PDMRs.

Awards under the Company's Deferred Bonus Share Plan 2018 (the "DBSP")

On 18 November 2019 (the "Award Date"), awards were made under the Company's DBSP (the "Awards"). The Awards were granted in order to defer 25% of the annual cash bonus payable to Executive Directors in the form of Ordinary Shares for a period of two years in accordance with the Remuneration Committee's Policy on Executive Director Remuneration.

No consideration was payable on the grant of the Awards which will be exercisable from the second anniversary of the respective Award Date to the tenth anniversary of the respective Award Date.

The Awards are as follows:

 
 Name of PDMR    Number of Ordinary Shares 
                  subject to the Awards 
 Tim Davies      28,682 
 Neil Austin     22,279 
 
 
 
 
 

The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):

 
 1  . Details of the person discharging managerial responsibilities/person closely 
     associated 
 a) Name                                                1. Tim Davies 
                                                         2. Neil Austin 
                                                       ------------------------------- 
 2  . Reason for the notification 
 a) Position/status                                     1. Chief Executive Officer 
                                                         2. Group Finance Director 
                                                       ------------------------------- 
 b) Initial notification/Amendment                      Initial Notification 
                                                       ------------------------------- 
 3. Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 a) Name                                                Carr's Group plc 
                                                       ------------------------------- 
 b) LEI                                                 213800HTIKPQV98RA653 
                                                       ------------------------------- 
 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                        Ordinary Shares of GBP0.025 
  instrument, type of instrument                         each 
                                                       ------------------------------- 
 b) Identification Code                                 GB00BRK01058 
                                                       ------------------------------- 
 c) Nature of transactions                              Grant of Award 
                                                       ------------------------------- 
 d) Price(s) and Volume(s)                              Price(s)        Volume(s) 
                                                         1. Nil          28,682 
                                                         2. Nil          22,279 
                                                       --------------  --------------- 
 e) Aggregated information:                             N/A 
  i. Aggregated volume 
  ii. price 
                                                       ------------------------------- 
 f) Date of the transaction                             18 November 2019 
                                                       ------------------------------- 
 g) Place of the transaction                            Outside trading venue 
                                                       ------------------------------- 
 

Enquiries:

 
Carr's Group plc 
 Matthew Ratcliffe (Company Secretary)   01228 554 600 
 
 
 

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November 19, 2019 12:08 ET (17:08 GMT)