We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Crest Nicholson Holdings Plc | LSE:CRST | London | Ordinary Share | GB00B8VZXT93 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -7.20 | -3.76% | 184.20 | 184.80 | 185.30 | 190.70 | 182.80 | 186.10 | 3,210,647 | 16:35:19 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Construction Machinery & Eq | 657.5M | 17.9M | 0.0697 | 26.54 | 475.3M |
From Apr 2019 to Apr 2024
TIDMCRST
RNS Number : 6905W
Crest Nicholson Holdings PLC
18 April 2019
Crest Nicholson Holdings plc
Director/PDMR Shareholding
In accordance with the notification obligations under Article 19.3 of the Market Abuse Regulation, Crest Nicholson Holdings plc (the "Company") announces the following transactions by certain Directors of the Company and other Persons Discharging Managerial Responsibility ("PDMRs") under the Crest Nicholson Holdings plc Long-Term Incentive Plan (the "LTIP").
The following Directors and PDMRs have been granted awards over 218,524 Ordinary Shares of 5 pence each in the Company (the "LTIP Awards") on 16 April 2019:
Hot Features
Premium
Director/PDMR Number of shares
over which award
granted
Chris Tinker* 77,919
------------------
Robin Hoyles 53,177
------------------
Kevin Maguire 41,860
------------------
David Marchant 45,568
------------------
*Denotes an Executive Director of the Company
Subject to performance conditions in respect of earnings per share ("EPS"), return on capital employed ("ROCE"), earnings before interest and taxes margin ("EBIT Margin") and certain other conditions in respect of service and conduct, the LTIP Awards will vest on 16 April 2022. The performance measures have been selected to support the financial metrics in the business strategy and the Remuneration Committee has carefully set stretching target ranges for each measure taking into account the business plans and market outlook to provide a strong link between reward and performance.
The Remuneration Committee has decided to make an adjustment to the LTIP to introduce a third performance condition relating to EBIT Margin. Improving operational efficiency is a key part of our revised strategy and the introduction of an EBIT Margin performance condition compliments the existing performance conditions in respect of earnings per share and return on capital employed.
The Performance conditions are set out below:
Performance condition EPS ROCE EBIT Margin
Performance FY21 performance Average performance FY21 Performance
over three-year
period FY19,
20 and 21
------------------ -------------------- -----------------
Weighting 40% of award 40% of award 20% of award
------------------ -------------------- -----------------
Threshold performance
(25% of each element 58.0 pence per
payable) share 21% 17%
------------------ -------------------- -----------------
Maximum performance
(100% of each element 70.7 pence per
payable) share 26% 20%
------------------ -------------------- -----------------
There will be no vesting below the threshold and awards will vest on a straight-line basis between threshold and maximum points. When awards vest, the net of tax value of the shares must be held for a further two years.
The number of shares subject to the LTIP Awards has been calculated based on the closing middle market share price on 15 April 2019 in accordance with the rules of the Plan and no payment was required for the grant of the LTIP Awards.
All awards are subject to withholding and recovery provisions.
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.
a) Name Chris Tinker
-------------------------------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------------------
a) Position/status Interim 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 Crest Nicholson Holdings plc
---- ---------------------------------- -------------------------------------------------------
b) LEI 213800ROIFXRRRKVQD25
---- ---------------------------------- -------------------------------------------------------
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 Ordinary Shares of GBP0.05
the financial
instrument, type
of instrument GB00B8VZXT93
Identification
code
---- ---------------------------------- -------------------------------------------------------
b) Nature of the Grant of share award over Ordinary Shares under
transaction the Crest Nicholson Holdings plc Long Term Incentive
Plan ("LTIP").
---- ---------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
LTIP Nil 77,919
---------- ----------
---- ---------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
- Aggregated volume GBP Nil 77,919
- Price
---- ---------------------------------- ------------------------- ----------------------------
e) Date of the transaction 2019-04-16
---- ---------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
---- ---------------------------------- -------------------------------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.
1 Details of the person discharging managerial responsibilities/person
closely associated
----------------------------------------------------------------------------------------------
a) Name Robin Hoyles
---- ------------------------------------- -------------------------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------------------------------
a) Position/status Group Land and Planning Director
---- ------------------------------------- -------------------------------------------------------
b) Initial notification/ Initial notification
Amendment
---- ------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---- ----------------------------------------------------------------------------------------------
a) Name Crest Nicholson Holdings plc
---- ------------------------------------- -------------------------------------------------------
b) LEI 213800ROIFXRRRKVQD25
---- ------------------------------------- -------------------------------------------------------
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 Ordinary Shares of GBP0.05
the financial
instrument, type
of instrument GB00B8VZXT93
Identification
code
---- ------------------------------------- -------------------------------------------------------
b) Nature of the Grant of share award over Ordinary Shares under
transaction the Crest Nicholson Holdings plc Long Term Incentive
Plan ("LTIP").
---- ------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
LTIP Nil 53,177
---------- ----------
---- ------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
- Aggregated volume GBP Nil 53,177
- Price
---- ------------------------------------- --------------------------- -------------------------- e) Date of the transaction 2019-04-16 ---- ------------------------------------- ------------------------------------------------------- f) Place of the transaction Outside a trading venue ---- ------------------------------------- -------------------------------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.
1 Details of the person discharging managerial responsibilities/person
closely associated
----------------------------------------------------------------------------------------------
a) Name Kevin Maguire
---- ------------------------------------- -------------------------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------------------------------
a) Position/status Company Secretary
---- ------------------------------------- -------------------------------------------------------
b) Initial notification/ Initial notification
Amendment
---- ------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---- ----------------------------------------------------------------------------------------------
a) Name Crest Nicholson Holdings plc
---- ------------------------------------- -------------------------------------------------------
b) LEI 213800ROIFXRRRKVQD25
---- ------------------------------------- -------------------------------------------------------
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 Ordinary Shares of GBP0.05
the financial
instrument, type
of instrument GB00B8VZXT93
Identification
code
---- ------------------------------------- -------------------------------------------------------
b) Nature of the Grant of share award over Ordinary Shares under
transaction the Crest Nicholson Holdings plc Long Term Incentive
Plan ("LTIP").
---- ------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
LTIP Nil 41,860
---------- ----------
---- ------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
- Aggregated volume GBP Nil 41,860
- Price
---- ------------------------------------- --------------------------- --------------------------
e) Date of the transaction 2019-04-16
---- ------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -------------------------------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.
1 Details of the person discharging managerial responsibilities/person
closely associated
----------------------------------------------------------------------------------------------
a) Name David Marchant
---- ------------------------------------- -------------------------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------------------------------
a) Position/status Director of Group Operations
---- ------------------------------------- -------------------------------------------------------
b) Initial notification/ Initial notification
Amendment
---- ------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---- ----------------------------------------------------------------------------------------------
a) Name Crest Nicholson Holdings plc
---- ------------------------------------- -------------------------------------------------------
b) LEI 213800ROIFXRRRKVQD25
---- ------------------------------------- -------------------------------------------------------
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 Ordinary Shares of GBP0.05
the financial
instrument, type
of instrument GB00B8VZXT93
Identification
code
---- ------------------------------------- -------------------------------------------------------
b) Nature of the Grant of share award over Ordinary Shares under
transaction the Crest Nicholson Holdings plc Long Term Incentive
Plan ("LTIP").
---- ------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
LTIP Nil 45,568
---------- ----------
---- ------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
- Aggregated volume GBP Nil 45,568
- Price
---- ------------------------------------- --------------------------- --------------------------
e) Date of the transaction 2019-04-16
---- ------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
---- ------------------------------------- -------------------------------------------------------
For further information please contact:
Kevin Maguire
Company Secretary +44 (0) 1932 580 555
18 April 2019
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 rns@lseg.com or visit www.rns.com.
END
DSHBUGDSBXBBGCI
(END) Dow Jones Newswires
April 18, 2019 11:33 ET (15:33 GMT)
1 Year Crest Nicholson Chart |
1 Month Crest Nicholson Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
