Computacenter PLC Director/PDMR Shareholding (1930K)

TIDMCCC

RNS Number : 1930K

Computacenter PLC

05 July 2017

Computacenter plc

Incorporated in England

Registration number: 03110569

LEI: 549300XSXUZ1I19DB105

ISIN: GB00BV9FP302

Computacenter plc

(the 'Company')

The following notification is made under article 19 of the Market Abuse Regulation ('MAR') relating to certain transactions in the shares of the Company by Persons Discharging Managerial Responsibilities ('PDMR') of the Company.

Grant of Awards

The Company announces that on 04 July 2017, in accordance with the rules of the Computacenter Performance Share Plan 2005 (the 'PSP'), the Company granted conditional awards over Ordinary Shares of 7(5) /(9) pence each, to the following PDMR:

 
 PDMR                  Number of shares 
                          awarded(1) 
 
 Mr Andrew Stafford         62,150 
 (1) Calculated using the middle 
  market quotation of 804.5 pence 
  as derived from the Daily Official 
  List of the London Stock Exchange 
  on 03 July 2017, being the day 
  before the date of grant of the 
  award. 
 

Performance Criteria

No consideration was paid for the grant of the PSP awards which are structured as nil cost options, and which shall ordinarily vest and become exercisable by the participant listed above, subject to the satisfaction of the performance conditions set by the Remuneration Committee of the Company which are based on (i) the Group's compound annual EPS growth rate, commencing on 1 January 2017 and ending on 31 December 2019 (the 'Performance Period') and (ii) the compound annual growth rate of the Group's Services Revenue over the Performance Period.

The awards set out above will be satisfied out of shares held by the 2011 Computacenter Employee Benefit Trust. The relevant FCA notifications are set out below.

PDMR FCA Transaction Notification

 
 
   1.       Details of Person Discharging Managerial 
            Responsibilities 
-------  ------------------------------------------------------- 
 
            Name                Andrew Stafford 
-------  ------------------  ----------------------------------- 
 
   2.       Reason for the notification 
-------  ------------------------------------------------------- 
 
   2(a)     Position/Status     Group Director of Services 
-------  ------------------  ----------------------------------- 
 
   2(b)     Initial             Initial Notification 
            Notification/ 
            Amendment 
-------  ------------------  ----------------------------------- 
 
   3.       Details of the issuer 
-------  ------------------------------------------------------- 
 
   3(a)     Name                Computacenter plc 
-------  ------------------  ----------------------------------- 
 
   3(b)     LEI                 549300XSXUZ1I19DB105 
-------  ------------------  ----------------------------------- 
 
   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 transaction(s) have been conducted 
-------  ------------------------------------------------------- 
 
   4(a)     Description         Ordinary shares of 7 (5) /(9) 
            of the              pence in Computacenter plc 
            financial           ('Ordinary Shares') 
            instrument 
                                ISIN: GB00BV9FP302 
-------  ------------------  ----------------------------------- 
 
   4(b)     Nature              Grant of a conditional award 
            of Transaction      over Ordinary Shares under 
                                the Computacenter Performance 
                                Share Plan 2005 (the 'PSP'). 
                                There is no price payable on 
                                the grant or exercise of the 
                                award. Vesting is subject to 
                                the achievement of performance 
                                conditions over a three year 
                                period. 
-------  ------------------  ----------------------------------- 
 
                                Price(s) (in         Volume(s) 
                                GBP) 
-------  ------------------  -------------------  -------------- 
          Price(s) 
 4(c)      and Volume(s)        nil                  62,150 
-------  ------------------  -------------------  -------------- 
 
            Aggregated 
            Information 
 
            Aggregated 
            Volume 
   4(d)     and Price           nil                  62,150 
-------  ------------------  -------------------  -------------- 
 
            Date of 
   4(e)     the transaction     04-07-2017 
-------  ------------------  ----------------------------------- 
 
   4(f)     Place of            Outside of a trading venue. 
            the transaction 
-------  ------------------  ----------------------------------- 
 

Enquiries:

 
 Name:         Shaheer Haque 
               Deputy Company 
                Secretary 
 
 Address:      Computacenter 
                plc 
                Hatfield Avenue 
                Hatfield 
                Hertfordshire 
                AL10 9TW 
 
 Telephone:    [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 05, 2017 06:30 ET (10:30 GMT)