Fisher (James) & Sons plc Notification of Directors' Interest in Shares (8139V)

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RNS Number : 8139V

Fisher (James) & Sons plc

10 April 2019

JAMES FISHER AND SONS PLC

Notification of Directors' Interest in Shares

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

Vesting of Award

The Company was notified on 8 April 2019 that Nick Henry and Stuart Kilpatrick, the Executive Directors of the Company, had increased their respective holdings of Ordinary Shares of 25p each in the Company ('Ordinary Shares') through the vesting of awards made in March 2016 under the Company's Long-Term Incentive Plan (the 'Plan').

On 6 April 2019, in accordance with the Plan rules, an aggregate of 81,782 Ordinary Shares vested. On 8 April 2019, being the next working day after the vesting date, an aggregate of 38,438 Ordinary Shares were sold at a price of 1935.5 pence per share to fund the tax liability resulting from the vesting.

Following this transaction, Nick Henry's and Stuart Kilpatrick's respective beneficial interest in the Company's issued ordinary share capital is as follows:

 
                           Number of      Number of          Number of          Beneficial       Percentage 
                            Ordinary       Ordinary           Ordinary            Interest        of Issued 
                       Shares vested    Shares sold    Shares retained         in Ordinary         Ordinary 
                                                                          Shares following    Share Capital 
                                                                                   vesting        following 
                                                                                  and sale          vesting 
                                                                                                   and sale 
 Nick Henry                   48,950         23,007             25,943             252,135             0.5% 
 Stuart Kilpatrick            32,832         15,431             17,401              56,559             0.1% 
 

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                             Nicholas Paul Henry 
     -------------------------------  ----------------------------------------- 
 2    Reason for Notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
     -------------------------------  ----------------------------------------- 
 b)   Initial notification/Amendment   Initial Announcement 
     -------------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                             James Fisher and Sons plc 
     -------------------------------  ----------------------------------------- 
 b)   LEI                              213800J975E5OYR6S216 
     -------------------------------  ----------------------------------------- 
 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 financial     Ordinary Shares of 25 pence each in 
       instrument, type of              James Fisher and Sons plc 
       instrument                       GB0003395000 
       Identification code 
     -------------------------------  ----------------------------------------- 
 b)   Nature of the transaction        Vesting of a restricted share award 
                                        made on 21 March 2016 under the James 
                                        Fisher and Sons plc Long-Term Incentive 
                                        Plan. 
     -------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         NIL         25,943 
                                                    ---------- 
     -------------------------------  ----------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume      25,943 
                                         NIL 
 
             *    Price 
     -------------------------------  ----------------------------------------- 
 e)   Date of the transaction          8 April 2019 
     -------------------------------  ----------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Stuart Charles Kilpatrick 
     -------------------------------  ----------------------------------------- 
 2    Reason for Notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                  Group Finance Director 
     -------------------------------  ----------------------------------------- 
 b)   Initial notification/Amendment   Initial Announcement 
     -------------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                             James Fisher and Sons plc 
     -------------------------------  ----------------------------------------- 
 b)   LEI                              213800J975E5OYR6S216 
     -------------------------------  ----------------------------------------- 
 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 financial     Ordinary Shares of 25 pence each in 
       instrument, type of              James Fisher and Sons plc 
       instrument                       GB0003395000 
       Identification code 
     -------------------------------  ----------------------------------------- 
 b)   Nature of the transaction        Ordinary Shares of 25 pence each in 
                                        James Fisher and Sons plc 
                                        GB0003395000 
     -------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)           Vesting of a restricted share award 
                                        made on 21 March 2016 under the James 
                                        Fisher and Sons plc Long-Term Incentive 
                                        Plan. 
     -------------------------------  ----------------------------------------- 
 d)        Aggregated information       Price(s)    Volume(s) 
                                         NIL         17,401 
                                                    ---------- 
             *    Aggregated volume     17,401 
                                        Nil 
 
             *    Price 
     -------------------------------  ----------------------------------------- 
 e)   Date of the transaction          8 April 2019 
     -------------------------------  ----------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ----------------------------------------- 
 

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April 10, 2019 11:25 ET (15:25 GMT)