ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CNCT Connect Group Plc

25.60
0.00 (0.00%)
13 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Connect Group Plc LSE:CNCT London Ordinary Share GB00B17WCR61 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.60 25.70 25.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Connect Group PLC Director/PDMR Shareholding (4653Y)

05/12/2017 3:18pm

UK Regulatory


Connect (LSE:CNCT)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Connect Charts.

TIDMCNCT

RNS Number : 4653Y

Connect Group PLC

05 December 2017

Connect Group PLC

Director/PDMR Shareholding

Connect Group PLC (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 5p shares undertaken by directors / persons discharging managerial responsibility:

   1.         Connect Group Long Term Incentive Plan 

The following award was granted as a nil cost option, where a participant will normally be entitled to exercise their award and receive free shares between the normal vesting date and tenth anniversary of grant, subject to the extent to which performance conditions have been satisfied and their continuing employment. The vesting of the award will depend on the Company's end-to-end Earnings Per Share (EPS), and Aggregate Free Cash Flow over a fixed three-year performance period starting on the first day of the financial year in which the award was granted. The value of dividends accrued, in the form of dividend equivalents, will be paid at the end of period (third anniversary) based on the number of vested shares. No consideration was paid for the grant of the award. No price is payable on the exercise of the award. For the purposes of this award, the grant was made at a share price of 108.75p.

 
 Name of Participant    Share     Form of Award   Normal Vesting Date                Maximum Number 
                         Price                                                        of Options 
                         (GBP) 
---------------------  --------  --------------  ---------------------------------  --------------- 
                                                  The day following the end 
                                                   of the performance period 
                                                   on which the performance 
                                  Nil-cost         Conditions have been assessed 
 Mark Cashmore           1.0875    option          and notified to the Participant   401,810 
---------------------  --------  --------------  ---------------------------------  --------------- 
                                                  The day following the end 
                                                   of the performance period 
                                                   on which the performance 
                                  Nil-cost         conditions have been assessed 
 David Bauernfeind       1.0875    option          and notified to the Participant   285,057 
---------------------  --------  --------------  ---------------------------------  --------------- 
                                                  The day following the end 
                                                   of the performance period 
                                                   on which the performance 
                                  Nil-cost         conditions have been assessed 
 Jonathan Bunting        1.0875    option          and notified to the Participant   267,873 
---------------------  --------  --------------  ---------------------------------  --------------- 
 
   2.         Connect Group Deferred Bonus Plan 

The following award was granted as a nil cost option, where a participant will be entitled to exercise their award and receive free shares between the normal vesting date and the first anniversary of the normal vesting date, subject to their continuing employment. The awards represent 50% of the annual bonus and economic profit plan total pay-out earned by each participant, deferred into shares for two years, based on the performance against targets set at the start of the financial year ended 31 August 2017. The value of dividends accrued, in the form of dividend equivalents, will be paid on the exercise of the award, based on the number of vested shares. No consideration was paid for the grant of the award. No price is payable on the exercise of the award. For the purposes of this award, the grant was made at a share price of 108.75p.

 
 Name of Participant    Share     Form of Award   Normal Vesting Date   Maximum Number 
                         Price                                           of Options 
                         (GBP) 
---------------------  --------  --------------  --------------------  --------------- 
                                  Nil-cost 
 Mark Cashmore           1.0875    option         5 December 2019        102,553 
---------------------  --------  --------------  --------------------  --------------- 
                                  Nil-cost 
 Jonathan Bunting        1.0875    option         5 December 2019        88,995 
---------------------  --------  --------------  --------------------  --------------- 
                                  Nil-cost 
 David Bauernfeind       1.0875    option         5 December 2019        14,253 
---------------------  --------  --------------  --------------------  --------------- 
 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
-----  ---------------------------------------------------------------------------------------- 
 a)     Name                                    Mark Cashmore 
-----  --------------------------------------  ------------------------------------------------ 
 2      Reason for the notification 
-----  ---------------------------------------------------------------------------------------- 
 a)     Position/status                         Executive Director, Group Chief Executive 
                                                 Officer 
-----  --------------------------------------  ------------------------------------------------ 
 b)     Initial notification                    Initial Notification 
         /Amendment 
-----  --------------------------------------  ------------------------------------------------ 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
-----  ---------------------------------------------------------------------------------------- 
 a)     Name                                    Connect Group PLC 
-----  --------------------------------------  ------------------------------------------------ 
 b)     LEI                                     2138004033ONVOOQXB02 
-----  --------------------------------------  ------------------------------------------------ 
 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 5p shares 
         financial instrument, 
         type of instrument 
----- 
 
        Identification code                     ISIN: GB00B17WCR61 
 
 b)     Nature of the transaction               Award of options pursuant to the 
                                                 Connect Group PLC Long Term Incentive 
                                                 Plan 
-----  --------------------------------------  ------------------------------------------------ 
 c)     Price(s) and volume(s) 
-----                                           ----------------------  --------------------- 
                                                 Price(s)                Volume(s) 
-----                                           ----------------------  --------------------- 
    GBP1.0875                                                            401,810 
   -------------------------------------------------------------------  --------------------- 
 
 d)     Aggregated information                  n/a single transaction 
----- 
 
  - Aggregated volume 
 
  - Price 
 
 e)     Date of the transaction                 5 December 2017 
-----  --------------------------------------  ------------------------------------------------ 
 f)     Place of the transaction                Grant of the options took place outside 
                                                 of a trading venue 
-----  --------------------------------------  ------------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
----  ---------------------------------------------------------------------------------------- 
 a)    Name                                    David Bauernfeind 
----  --------------------------------------  ------------------------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------- 
 a)    Position/status                         Executive Director, Group Chief Financial 
                                                Officer 
----  --------------------------------------  ------------------------------------------------ 
 b)    Initial notification                    Initial Notification 
        /Amendment 
----  --------------------------------------  ------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
----  ---------------------------------------------------------------------------------------- 
 a)    Name                                    Connect Group PLC 
----  --------------------------------------  ------------------------------------------------ 
 b)    LEI                                     2138004033ONVOOQXB02 
----  --------------------------------------  ------------------------------------------------ 
 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 5p shares 
        financial instrument, 
        type of instrument 
---- 
 
       Identification code                     ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction               Award of options pursuant to the 
                                                Connect Group PLC Long Term Incentive 
                                                Plan 
----  --------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
----                                           ----------------------  --------------------- 
                                                Price(s)                Volume(s) 
----                                           ----------------------  --------------------- 
    GBP1.0875                                                           285,057 
   ------------------------------------------------------------------  --------------------- 
 
 d)    Aggregated information                  n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 5 December 2017 
----  --------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction                Grant of the options took place outside 
                                                of a trading venue 
----  --------------------------------------  ------------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
----  -------------------------------------------------------------------------------------- 
 a)    Name                                    Jonathan Bunting 
----  --------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------------------------- 
 a)    Position/status                         Executive Director, MD of Connect 
                                                News & Media 
----  --------------------------------------  ---------------------------------------------- 
 b)    Initial notification                    Initial Notification 
        /Amendment 
----  --------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
----  -------------------------------------------------------------------------------------- 
 a)    Name                                    Connect Group PLC 
----  --------------------------------------  ---------------------------------------------- 
 b)    LEI                                     2138004033ONVOOQXB02 
----  --------------------------------------  ---------------------------------------------- 
 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 5p shares 
        financial instrument, 
        type of instrument 
---- 
 
       Identification code                     ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction               Award of options pursuant to the 
                                                Connect Group PLC Long Term Incentive 
                                                Plan 
----  --------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
----                                           ---------------------  -------------------- 
                                                Price(s)               Volume(s) 
----                                           ---------------------  -------------------- 
    GBP1.0875                                                          267,873 
   -----------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                  n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 5 December 2017 
----  --------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction                Grant of the options took place outside 
                                                of a trading venue 
----  --------------------------------------  ---------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
----  ---------------------------------------------------------------------------------------- 
 a)    Name                                    Mark Cashmore 
----  --------------------------------------  ------------------------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------- 
 a)    Position/status                         Executive Director, Group Chief Executive 
                                                Officer 
----  --------------------------------------  ------------------------------------------------ 
 b)    Initial notification                    Initial Notification 
        /Amendment 
----  --------------------------------------  ------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
----  ---------------------------------------------------------------------------------------- 
 a)    Name                                    Connect Group PLC 
----  --------------------------------------  ------------------------------------------------ 
 b)    LEI                                     2138004033ONVOOQXB02 
----  --------------------------------------  ------------------------------------------------ 
 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 5p shares 
        financial instrument, 
        type of instrument 
---- 
 
       Identification code                     ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction               Award of options pursuant to the 
                                                Connect Group PLC Deferred Bonus 
                                                Plan 
----  --------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
----                                           ----------------------  --------------------- 
                                                Price(s)                Volume(s) 
----                                           ----------------------  --------------------- 
    GBP1.0875                                                           102,553 
   ------------------------------------------------------------------  --------------------- 
 
 d)    Aggregated information                  n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 5 December 2017 
----  --------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction                Grant of the options took place outside 
                                                of a trading venue 
----  --------------------------------------  ------------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
----  -------------------------------------------------------------------------------------- 
 a)    Name                                    Jonathan Bunting 
----  --------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------------------------- 
 a)    Position/status                         Executive Director, MD of Connect 
                                                News & Media 
----  --------------------------------------  ---------------------------------------------- 
 b)    Initial notification                    Initial Notification 
        /Amendment 
----  --------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
----  -------------------------------------------------------------------------------------- 
 a)    Name                                    Connect Group PLC 
----  --------------------------------------  ---------------------------------------------- 
 b)    LEI                                     2138004033ONVOOQXB02 
----  --------------------------------------  ---------------------------------------------- 
 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 5p shares 
        financial instrument, 
        type of instrument 
---- 
 
       Identification code                     ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction               Award of options pursuant to the 
                                                Connect Group PLC Deferred Bonus 
                                                Plan 
----  --------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
----                                           ---------------------  -------------------- 
                                                Price(s)               Volume(s) 
----                                           ---------------------  -------------------- 
    GBP1.0875                                                          88,995 
   -----------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                  n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 5 December 2017 
----  --------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction                Grant of the options took place outside 
                                                of a trading venue 
----  --------------------------------------  ---------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
----  ---------------------------------------------------------------------------------------- 
 a)    Name                                    David Bauernfeind 
----  --------------------------------------  ------------------------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------- 
 a)    Position/status                         Executive Director, Group Chief Financial 
                                                Officer 
----  --------------------------------------  ------------------------------------------------ 
 b)    Initial notification                    Initial Notification 
        /Amendment 
----  --------------------------------------  ------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
----  ---------------------------------------------------------------------------------------- 
 a)    Name                                    Connect Group PLC 
----  --------------------------------------  ------------------------------------------------ 
 b)    LEI                                     2138004033ONVOOQXB02 
----  --------------------------------------  ------------------------------------------------ 
 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 5p shares 
        financial instrument, 
        type of instrument 
---- 
 
       Identification code                     ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction               Award of options pursuant to the 
                                                Connect Group PLC Deferred Bonus 
                                                Plan 
----  --------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
----                                           ----------------------  --------------------- 
                                                Price(s)                Volume(s) 
----                                           ----------------------  --------------------- 
    GBP1.0875                                                           14,253l 
   ------------------------------------------------------------------  --------------------- 
 
 d)    Aggregated information                  n/a single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 5 December 2017 
----  --------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction                Grant of the options took place outside 
                                                of a trading venue 
----  --------------------------------------  ------------------------------------------------ 
 

Adele Duff

Deputy Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFSDFIIFWSEFE

(END) Dow Jones Newswires

December 05, 2017 10:18 ET (15:18 GMT)

1 Year Connect Chart

1 Year Connect Chart

1 Month Connect Chart

1 Month Connect Chart

Your Recent History

Delayed Upgrade Clock