Genus PLC Director/PDMR Shareholding (6705V)

TIDMGNS

RNS Number : 6705V

Genus PLC

06 November 2017

6 November 2017

Genus plc

Director/PDMR Shareholding

Genus plc (LSE: GNS) announces that, further to the vesting of conditional nil-cost options on 21 October 2017 under the Genus Deferred Share Bonus Plan (the 'DSBP') as listed in table A below, a member of the Genus Executive Leadership Team ('GELT') sold ordinary shares in Genus on 3 November 2017 on the London Stock Exchange to offset income tax and social security liabilities due on the exercises and retained the balance of ordinary shares.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of nil-cost options exercised and ordinary shares sold on 3 November 2017.

For further information please contact:

Genus:

Cara Crichton, Deputy Company Secretary Tel: [phone]

Table A - GELT Deferred Share Bonus Plan Exercises

 
 1.                Details of the person discharging managerial 
                    responsibilities / person closely associated 
================  ===================================================================== 
       a.          Name                            Jerry Thompson 
================  ==============================  ===================================== 
       2.          Reason for the notification 
================  ===================================================================== 
       a.          Position/status                 Chief Operating Officer Genus ABS 
                                                    Beef 
================  ==============================  ===================================== 
       b.          Initial notification            Initial notification 
                    /Amendment 
================  ==============================  ===================================== 
       3.          Details of the issuer, emission allowance market 
                    participant, auction platform, auctioneer or 
                    auction monitor 
================  ===================================================================== 
       a.          Name                            Genus plc 
================  ==============================  ===================================== 
       b.          LEI                             54930022EOITNKSIGH56 
================  ==============================  ===================================== 
       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 10p each 
                    of the 
                    Financial 
                    instrument,                     GB0002074580 
                    type of instrument 
                    Identification 
                    code 
================  ==============================  ===================================== 
       b.          Nature of                       Exercise of 1,005 nil-cost options 
                    the transaction                 under the DSBP. 
================  ==============================  ===================================== 
       c.          Price(s) and                      Price(s)   Volume(s) 
                    volume(s)                        ---------  ---------- 
                                                      0p         1,005 
                                                     ---------  ---------- 
================  ==============================  ===================================== 
       d.               Aggregated                   Average     Total volume(s) 
                         information                   price(s) 
                          *    Aggregated volume     ----------  ---------------- 
                                                      0p          1,005 
                                                     ----------  ---------------- 
                          *    Price 
================  ==============================  ===================================== 
       e.          Date of the                     2017-11-03 
                    transaction 
================  ==============================  ===================================== 
       f.          Place of the                    London Stock Exchange, Main Market 
                    transaction                     (XLON) 
================  ==============================  ===================================== 
                   Details of the transaction(s): section to be 
              4.    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 10p each 
             a.     of the 
                    Financial 
                    instrument,                     GB0002074580 
                    type of instrument 
                    Identification 
                    code 
================  ==============================  ===================================== 
             b.    Nature of                       1. Sale of 652 shares arising from 
             b.     the transaction                 the exercise of nil-cost options 
                                                    under the DSBP to offset income tax 
                                                    and social security liabilities due 
                                                    on the exercise. 
================  ==============================  ===================================== 
             c.    Price(s) and                      Price(s)       Volume(s) 
             c.     volume(s)                        -------------  ---------- 
                                                      1. 2,425.5p    652 
                                                     -------------  ---------- 
================  ==============================  ===================================== 
             d.         Aggregated                   Average        Total 
             d.          information                   price(s)       volume(s) 
                          *    Aggregated volume     -------------  ----------- 
                                                      1. 2,425.5p    652 
                                                     -------------  ----------- 
                          *    Price 
================  ==============================  ===================================== 
       e.          Date of the                     2017-11-03 
                    transaction 
================  ==============================  ===================================== 
       f.          Place of the                    London Stock Exchange, Main Market 
                    transaction                     (XLON) 
================  ==============================  ===================================== 
 

This information is provided by RNS

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November 06, 2017 07:48 ET (12:48 GMT)