Future PLC Director/PDMR Shareholding (5817O)

TIDMFUTR

RNS Number : 5817O

Future PLC

01 June 2020

The attached individual notification made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the issuance of an award under the terms of the Future plc Performance Share Plan ("PSP"). This announcement is made in accordance with article 19.3 of MAR.

The PSP Award will vest three years from the date of grant, at no cost to the participant, in accordance with the rules of the PSP provided that the participant remains in employment of the Group at the vesting date and subject to performance targets having been met. Vesting of the PSP Award is subject to both EPS and Absolute TSR performance conditions. The number of shares shown below represents the potential maximum if all the performance conditions are achieved in full.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Rachel Addison 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             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                        Future plc 
     --------------------------  --------------------------------------------- 
 b)   LEI                         213800K2581YRLEXV353 
     --------------------------  --------------------------------------------- 
 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 instrument,        Ordinary shares of 15p each 
       type of instrument 
                                    GB00BYZN9041 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of share awards under the PSP. Subject 
                                   to achievement of performance conditions, 
                                   the award will vest on 31 May 2023. 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         17,222 
                                               ---------- 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume 
                                    17,222 
       - Price 
                                    Nil 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     1 June 2020 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------------- 
 

Tim Maw

Company Secretary

(Responsible for releasing this announcement)

1 June 2020

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June 01, 2020 09:58 ET (13:58 GMT)