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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Contourglobal Plc | LSE:GLO | London | Ordinary Share | GB00BF448H58 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 251.00 | 251.00 | 251.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGLO
RNS Number : 9192V
ContourGlobal PLC
12 August 2022
ContourGlobal plc
Notification of transactions by persons discharging managerial responsibilities or persons closely associated with them in accordance with the Market Abuse Regulations.
On 11 August 2022, the following deferred bonus awards over ordinary shares of 1 pence in ContourGlobal plc ("Shares") were granted under the ContourGlobal plc Long Term Incentive Plan to the following persons discharging managerial responsibilities:
PDMR Number of shares Type of award under award Joseph C. Brandt 386,236 Performance Share Award structured as a conditional award of shares ----------------- --------------------- Stefan L. Schellinger 291,828 Performance Share Award structured as a conditional award of shares ----------------- ---------------------
The awards will ordinarily vest on the third anniversary of grant subject to the grantee's continued service and to the extent to which the performance conditions (as detailed below) set for the awards are satisfied.
Each award is subject to three distinct performance conditions measuring: (i) as to 50% of the award, compounded annual growth in the Company's absolute EBITDA; (ii) as to a further 25% of the award, the internal rate of return on qualifying Company projects; and (iii) as to the final 25% of the award, the Company's health and safety performance (measured by the Company's Lost Time Incident Rate). The performance conditions shall each be measured over a three-year period ending on 1(st) March 2024.
Details of the full notifications received by the Company are set out below.
Details of the person discharging managerial responsibilities 1 / person closely associated a) Name Joseph C. Brandt ------------------------------- ------------------------------------------- Reason for Notification 2 ---------------------------------------------------------------------------- a) Position/status President and Chief Executive Officer ------------------------------- ------------------------------------------- b) Initial notification/Amendment Initial Announcement ------------------------------- ------------------------------------------- Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor ---------------------------------------------------------------------------- a) Name ContourGlobal plc ------------------------------- ------------------------------------------- b) LEI 5493002I3A4J5TFOR115 ------------------------------- ------------------------------------------- Details of the transaction(s): section to be repeated for 4 (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 of 1 pence each in financial instrument, ContourGlobal plc type of instrument Identification code GB00BF448H58 ------------------------------- ------------------------------------------- b) Nature of the transaction Grant of a Performance Share Award under the ContourGlobal plc Long Term Incentive Plan. The award is structured as a conditional award of shares and will ordinarily vest three years from the date of grant, subject to achievement of the applicable performance conditions. ------------------------------- ------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) Nil 386,236 ---------- ------------------------------- ------------------------------------------- d) Aggregated information * Aggregated volume Not applicable - single transaction * Price ------------------------------- ------------------------------------------- e) Date of the transaction 11 August 2022 ------------------------------- ------------------------------------------- f) Place of the transaction Outside a trading venue (XOFF) ------------------------------- ------------------------------------------- Details of the person discharging managerial responsibilities 1 / person closely associated a) Name Stefan L. Schellinger ------------------------------- ------------------------------------------- Reason for Notification 2 ---------------------------------------------------------------------------- a) Position/status Chief Financial Officer ------------------------------- ------------------------------------------- b) Initial notification/Amendment Initial Announcement ------------------------------- ------------------------------------------- Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor ---------------------------------------------------------------------------- a) Name ContourGlobal plc ------------------------------- ------------------------------------------- b) LEI 5493002I3A4J5TFOR115 ------------------------------- ------------------------------------------- Details of the transaction(s): section to be repeated for 4 (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 of 1 pence each in financial instrument, ContourGlobal plc type of instrument Identification code GB00BF448H58 ------------------------------- ------------------------------------------- b) Nature of the transaction Grant of a Performance Share Award under the ContourGlobal plc Long Term Incentive Plan. The award is structured as a conditional award of shares and will ordinarily vest three years from the date of grant, subject to achievement of the applicable performance conditions. ------------------------------- ------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) Nil 291,828 ---------- ------------------------------- ------------------------------------------- d) Aggregated information * Aggregated volume Not applicable - single transaction * Price ------------------------------- ------------------------------------------- e) Date of the transaction 11 August 2022 ------------------------------- ------------------------------------------- f) Place of the transaction Outside a trading venue (XOFF) ------------------------------- -------------------------------------------
On behalf of LDC Nominee Secretary Limited
Company Secretary
12 August 2022
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DSHSFFFIEEESELA
(END) Dow Jones Newswires
August 12, 2022 11:41 ET (15:41 GMT)
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