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DNL Diurnal Group Plc

27.30
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Diurnal Group Plc LSE:DNL London Ordinary Share GB00BDB6Q760 ORD GBP0.05
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.30 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Diurnal Group PLC Director/PDMR Shareholding (4581E)

08/05/2017 10:03am

UK Regulatory


Diurnal (LSE:DNL)
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TIDMDNL

RNS Number : 4581E

Diurnal Group PLC

08 May 2017

8 May 2017

Diurnal Group plc

("Diurnal" or the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

On 8 May 2017 the following par value options over ordinary shares of 5 pence in Diurnal were granted under the Diurnal Group plc Long Term Incentive Plan (the "Plan") to persons discharging managerial responsibilities ("PDMR"):

 
 PDMR             Total no. of shares   Type of awards 
                   under award 
---------------  --------------------  ------------------ 
 Richard Bungay   404,762               Performance Share 
                                         Award 
---------------  --------------------  ------------------ 
 

The performance share awards will ordinarily vest no earlier than 8 November 2019 subject to the grantee's continued service and to the extent to which the performance conditions set for the awards are satisfied. Such awards may potentially vest until 8 November 2021.

The awards were granted under award agreements that incorporated the terms of the Plan and comprised a mix of tax-favoured 'EMI' awards and non-tax favoured awards.

The exercise price payable per share under award is par value presently being 5 pence per ordinary share.

Details of the full notifications received by the Company are set out below:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------------- 
 a)   Name                             Richard Bungay 
---  -------------------------------  ------------------------------------- 
 2    Reason for Notification 
---  ---------------------------------------------------------------------- 
 a)   Position/status                  Chief Financial Officer 
---  -------------------------------  ------------------------------------- 
 b)   Initial notification/Amendment   Initial Announcement 
---  -------------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ---------------------------------------------------------------------- 
 a)   Name                             Diurnal Group plc 
---  -------------------------------  ------------------------------------- 
 b)   LEI                              N/A 
---  -------------------------------  ------------------------------------- 
 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 5 pence each 
       the financial instrument,        in Diurnal Group plc 
       type of instrument               GB00BDB6Q760 
       Identification 
       code 
---  -------------------------------  ------------------------------------- 
 b)   Nature of the transaction        Grant of awards under the Diurnal 
                                        Group plc Long Term Incentive 
                                        Plan as par value options as 
                                        follows: 
 
                                        EMI performance share award 
                                        over 198,412 ordinary shares 
 
                                        Non-EMI performance share award 
                                        over 206,350 ordinary shares. 
 
                                        The performance share award 
                                        will ordinarily vest no earlier 
                                        than 8 November 2019 subject 
                                        to continued service and to 
                                        the extent to which the performance 
                                        conditions set for the awards 
                                        are satisfied. Such award may 
                                        potentially vest until 8 November 
                                        2021. 
 
                                        The exercise price payable per 
                                        share under award is par value 
                                        presently being 5 pence per 
                                        ordinary share. 
---  -------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         Nil         198,412 
                                        ----------  ---------- 
                                         Nil         206,350 
                                        ----------  ---------- 
---  -------------------------------  ------------------------------------- 
 d)        Aggregated information      Award over total of 404,762 
             *    Aggregated volume     ordinary shares. Nil price payable 
                                        for grant. 
 
             *    Price 
---  -------------------------------  ------------------------------------- 
 e)   Date of the transaction          8 May 2017 
---  -------------------------------  ------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
---  -------------------------------  ------------------------------------- 
 
 
 For further information, please visit www.diurnal.co.uk 
  or contact: 
 
                                           +44 (0)20 3727 
 Diurnal Group plc                          1000 
 Martin Whitaker, Chief Executive 
  Officer 
 Richard Bungay, Chief Financial 
  Officer 
 
 Numis Securities Ltd (Nominated           +44 (0)20 7260 
  Adviser)                                  1000 
 Nominated Adviser: Michael Meade, 
  Freddie Barnfield, Paul Gillam 
 Corporate Broking: James Black 
 
 Panmure Gordon (UK) Limited (Joint        +44 (0) 20 7886 
  Broker)                                   2500 
 Corporate Finance: Freddy Crossley 
  / Duncan Monteith 
 Corporate Broking: Tom Salvesen 
 
                                           +44 (0)20 3727 
 FTI Consulting                             1000 
 Simon Conway 
 Victoria Foster Mitchell 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHSSFSUAFWSESI

(END) Dow Jones Newswires

May 08, 2017 05:03 ET (09:03 GMT)

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