Eurocell plc Director/PDMR Shareholding (4508Y)

TIDMECEL

RNS Number : 4508Y

Eurocell plc

12 May 2021

12 May 2021

Eurocell plc

Director/PDMR Shareholding

Eurocell plc (the "Company") announces that, on 22 April 2021:

-- options granted on 18 April 2018 and 9 September 2020 under the Eurocell plc Deferred Share Plan 2015 (the "Plan"), to acquire ordinary shares in the Company, were exercised by two directors to whom shares were allotted on 10 May 2021; and

-- pursuant to the rules of the Plan, the Company exercised its right to satisfy a proportion of the above options in cash, to cover the associated tax and national insurance liabilities, to be settled on 20 May 2021, rather than by the transfer of shares.

The notifications set out below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1.   Details of PDMR / person closely associated with them ("PCA") 
 a)   Name                            A - Mark Kelly 
                                       B - Michael Scott 
     ------------------------------  ------------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------------------- 
 a)   Position / status               A - Chief Executive Officer 
                                       B - 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                            Eurocell plc 
     ------------------------------  ------------------------------------------------- 
 b)   Legal Entity                    213800RH62IQ7S9OFQ55 
       Identifier 
     ------------------------------  ------------------------------------------------- 
 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                     Ordinary shares of GBP0.001 each in the Company 
       of the financial                ("Ordinary Shares") 
       instrument                      ISIN Number GB00BVV2KN49 
     ------------------------------  ------------------------------------------------- 
 b)   Nature of the                   Exercise of nil-cost options to acquire ordinary 
       transaction                     shares under the Eurocell plc Deferred Share 
                                       Plan 2015 
     ------------------------------  ------------------------------------------------- 
 c)   Price(s) and                     Price(s)              Volume(s) 
       volume(s)                        A - GBPnil (option    A - 63,451 
                                         price)                (of which 29,822 
                                         B - GBPnil (option    satisfied in cash) 
                                         price)                B - 40,534 
                                                               (of which 19,051 
                                                               satisfied in cash) 
                                                             -------------------- 
     ------------------------------  ------------------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume 
                                        N/A - single transactions 
 
             *    Aggregated price 
 
 
             *    Aggregated total 
     ------------------------------  ------------------------------------------------- 
 e)   Date of the                     22 April 2021 
       transaction 
     ------------------------------  ------------------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ------------------------------------------------- 
 

For further information:

   Eurocell plc                               01773 842 100 

Paul Walker

Group Company Secretary

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May 12, 2021 13:13 ET (17:13 GMT)