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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Interserve | LSE:IRV | London | Ordinary Share | GB0001528156 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.30 | 5.795 | 6.30 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIRV
RNS Number : 5131Q
Interserve PLC
06 June 2018
Interserve Plc
Notification of Transactions of Directors/
Persons Discharging Managerial Responsibility and Connected Persons
Pursuant to article 19 of regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse ("Market Abuse Regulation or "MAR"), Interserve Plc (the "Company") announces that on 4 June 2018 the following Person Discharging Managerial Responsibilities ("PDMR") was granted an Award under the Interserve Performance Share Plan 2015 (the "Plan") in the form of nil-cost options, to acquire ordinary shares of 10p each in the Company ("Shares"), up to the maximum numbers shown below:-
Name Maximum Number of Shares subject to the Award PDMR ----------------------------------- Andy McDonald 317,250 -----------------------------------
The price used to calculate the maximum number of ordinary shares under the Plan was 75.65p, being the average closing price on 30, 31 May and 1 June 2018 of the Company's shares on the main market of the London Stock Exchange. The Awards will normally vest on or after the third anniversary of the date of grant subject to the fulfilment of certain performance conditions based on cumulative operating profit, total shareholder return and strategic targets and are subject to recovery and withholding provisions. No consideration is payable on the grant or the vesting of the Awards which must be exercised within two years of vesting.
The notification below, made in accordance with the requirements of article 19 of MAR, provide further details.
6 June 2018
Daniel Bush
Group Secretary
Tel: 0118 932 0123
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Andy McDonald -------------------------- --------------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------- a) Position/status General Counsel and Company Secretary designate -------------------------- --------------------------------------------- b) Initial notification Initial notification /Amendment -------------------------- --------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------- a) Name Interserve Plc -------------------------- --------------------------------------------- b) LEI 549300MVYY4EZCRFHZ09 -------------------------- --------------------------------------------- 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 Ordinary shares of 10 pence each financial instrument, type of instrument GB0001528156 Identification code -------------------------- --------------------------------------------- b) Nature of the transaction Nil-cost options granted on 4 June 2018 pursuant to the Interserve Performance Share Plan 2015 -------------------------- --------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) nil 317,250 ---------- -------------------------- --------------------------------------------- d) Aggregated information - Aggregated volume 317,250 - Price nil -------------------------- --------------------------------------------- e) Date of the transaction 4 June 2018 -------------------------- --------------------------------------------- f) Place of the transaction Outside a trading venue -------------------------- ---------------------------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 06, 2018 07:04 ET (11:04 GMT)
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