ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

MMH Marshall Motor Holdings Plc

397.00
0.00 (0.00%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marshall Motor Holdings Plc LSE:MMH London Ordinary Share GB00BVYB2Q58 ORD 64P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 397.00 394.00 400.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Marshall Motor Holdings PLC Grant of Share Awards (2330L)

18/04/2018 7:00am

UK Regulatory


Marshall Motor (LSE:MMH)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Marshall Motor Charts.

TIDMMMH

RNS Number : 2330L

Marshall Motor Holdings PLC

18 April 2018

18 April 2018

MARSHALL MOTOR HOLDINGS PLC

("MMH" or the "Company")

Grant of awards under Marshall Motor Holdings plc Performance Share Plan

Marshall Motor Holdings plc, one of the UK's leading automotive retail and leasing groups, announces that on 17 April 2018 the following directors and persons discharging managerial responsibilities ("PDMR") were granted nil cost options under the rules of the Marshall Motor Holdings plc Performance Share Plan ("PSP") to acquire ordinary shares of 64p each in the Company ("Ordinary Shares") as follows:

 
                  Number of Ordinary 
                        Shares under   Exercise 
 Director/PDMR                option      price 
 Daksh Gupta                 328,845     GBPNil 
 Mark Raban                  164,423     GBPNil 
 Jamie Crowther               47,319     GBPNil 
 Helen Burrows                35,489     GBPNil 
 Jon Head                     35,489     GBPNil 
 Stephen Jones                35,489     GBPNil 
 

The normal vesting date of the options will be 17 April 2021, being the third anniversary of the award date. The exercise period of each option will run from the date on which each option vests to the day before the tenth anniversary of the award date.

These options are subject to the rules of the PSP and will vest dependent upon continued employment and on performance against earnings per share ("EPS") targets, as measured over a three year performance period.

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                   Daksh Gupta 
---  ---------------------  --------------------------------- 
 2    Reason for notification 
---  -------------------------------------------------------- 
 a)   Position/status        Chief Executive Officer 
---  ---------------------  --------------------------------- 
 b)   Initial notification   Initial Notification 
       /Amendment 
---  ---------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                   Marshall Motor Holdings plc 
---  ---------------------  --------------------------------- 
 b)   LEI                    213800BP3HZWHDWXAY78 
---  ---------------------  --------------------------------- 
 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 64p each 
       of the financial 
       instrument,            ISIN Code: GB00BVYB2Q58 
       type of instrument 
       Identification 
       code 
---  ---------------------  --------------------------------- 
 b)   Nature of              Grant of nil cost options under 
       the transaction        the rules of the Marshall Motor 
                              Holdings plc Performance Share 
                              Plan 
---  ---------------------  --------------------------------- 
 c)   Currency               GBP 
---  ---------------------  --------------------------------- 
 d)   Price(s) and             Price(s)    Volume(s) 
       volume(s)               ----------  ---------- 
                                GBPNil      328,845 
                               ----------  ---------- 
---  ---------------------  --------------------------------- 
 e)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  --------------------------------- 
 f)   Date of the            17 April 2018 
       transaction 
---  ---------------------  --------------------------------- 
 g)   Place of the           Outside a trading venue 
       transaction 
---  ---------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                   Mark Raban 
---  ---------------------  --------------------------------- 
 2    Reason for 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                   Marshall Motor Holdings plc 
---  ---------------------  --------------------------------- 
 b)   LEI                    213800BP3HZWHDWXAY78 
---  ---------------------  --------------------------------- 
 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 64p each 
       of the financial 
       instrument,            ISIN Code: GB00BVYB2Q58 
       type of instrument 
       Identification 
       code 
---  ---------------------  --------------------------------- 
 b)   Nature of              Grant of nil cost options under 
       the transaction        the rules of the Marshall Motor 
                              Holdings plc Performance Share 
                              Plan 
---  ---------------------  --------------------------------- 
 c)   Currency               GBP 
---  ---------------------  --------------------------------- 
 d)   Price(s) and             Price(s)    Volume(s) 
       volume(s)               ----------  ---------- 
                                GBPNil      164,423 
                               ----------  ---------- 
---  ---------------------  --------------------------------- 
 e)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  --------------------------------- 
 f)   Date of the            17 April 2018 
       transaction 
---  ---------------------  --------------------------------- 
 g)   Place of the           Outside a trading venue 
       transaction 
---  ---------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                   Jamie Crowther 
---  ---------------------  --------------------------------- 
 2    Reason for notification 
---  -------------------------------------------------------- 
 a)   Position/status        Operations Director 
---  ---------------------  --------------------------------- 
 b)   Initial notification   Initial Notification 
       /Amendment 
---  ---------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                   Marshall Motor Holdings plc 
---  ---------------------  --------------------------------- 
 b)   LEI                    213800BP3HZWHDWXAY78 
---  ---------------------  --------------------------------- 
 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 64p each 
       of the financial 
       instrument,            ISIN Code: GB00BVYB2Q58 
       type of instrument 
       Identification 
       code 
---  ---------------------  --------------------------------- 
 b)   Nature of              Grant of nil cost options under 
       the transaction        the rules of the Marshall Motor 
                              Holdings plc Performance Share 
                              Plan 
---  ---------------------  --------------------------------- 
 c)   Currency               GBP 
---  ---------------------  --------------------------------- 
 d)   Price(s) and             Price(s)    Volume(s) 
       volume(s)               ----------  ---------- 
                                GBPNil      47,319 
                               ----------  ---------- 
---  ---------------------  --------------------------------- 
 e)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  --------------------------------- 
 f)   Date of the            17 April 2018 
       transaction 
---  ---------------------  --------------------------------- 
 g)   Place of the           Outside a trading venue 
       transaction 
---  ---------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                   Helen Burrows 
---  ---------------------  --------------------------------- 
 2    Reason for notification 
---  -------------------------------------------------------- 
 a)   Position/status        HR Director 
---  ---------------------  --------------------------------- 
 b)   Initial notification   Initial Notification 
       /Amendment 
---  ---------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                   Marshall Motor Holdings plc 
---  ---------------------  --------------------------------- 
 b)   LEI                    213800BP3HZWHDWXAY78 
---  ---------------------  --------------------------------- 
 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 64p each 
       of the financial 
       instrument,            ISIN Code: GB00BVYB2Q58 
       type of instrument 
       Identification 
       code 
---  ---------------------  --------------------------------- 
 b)   Nature of              Grant of nil cost options under 
       the transaction        the rules of the Marshall Motor 
                              Holdings plc Performance Share 
                              Plan 
---  ---------------------  --------------------------------- 
 c)   Currency               GBP 
---  ---------------------  --------------------------------- 
 d)   Price(s) and             Price(s)    Volume(s) 
       volume(s)               ----------  ---------- 
                                GBPNil      35,489 
                               ----------  ---------- 
---  ---------------------  --------------------------------- 
 e)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  --------------------------------- 
 f)   Date of the            17 April 2018 
       transaction 
---  ---------------------  --------------------------------- 
 g)   Place of the           Outside a trading venue 
       transaction 
---  ---------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                   Jon Head 
---  ---------------------  --------------------------------- 
 2    Reason for notification 
---  -------------------------------------------------------- 
 a)   Position/status        Commercial Director 
---  ---------------------  --------------------------------- 
 b)   Initial notification   Initial Notification 
       /Amendment 
---  ---------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                   Marshall Motor Holdings plc 
---  ---------------------  --------------------------------- 
 b)   LEI                    213800BP3HZWHDWXAY78 
---  ---------------------  --------------------------------- 
 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 64p each 
       of the financial 
       instrument,            ISIN Code: GB00BVYB2Q58 
       type of instrument 
       Identification 
       code 
---  ---------------------  --------------------------------- 
 b)   Nature of              Grant of nil cost options under 
       the transaction        the rules of the Marshall Motor 
                              Holdings plc Performance Share 
                              Plan 
---  ---------------------  --------------------------------- 
 c)   Currency               GBP 
---  ---------------------  --------------------------------- 
 d)   Price(s) and             Price(s)    Volume(s) 
       volume(s)               ----------  ---------- 
                                GBPNil      35,489 
                               ----------  ---------- 
---  ---------------------  --------------------------------- 
 e)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  --------------------------------- 
 f)   Date of the            17 April 2018 
       transaction 
---  ---------------------  --------------------------------- 
 g)   Place of the           Outside a trading venue 
       transaction 
---  ---------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                   Stephen Jones 
---  ---------------------  --------------------------------- 
 2    Reason for notification 
---  -------------------------------------------------------- 
 a)   Position/status        Company Secretary 
---  ---------------------  --------------------------------- 
 b)   Initial notification   Initial Notification 
       /Amendment 
---  ---------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------- 
 a)   Name                   Marshall Motor Holdings plc 
---  ---------------------  --------------------------------- 
 b)   LEI                    213800BP3HZWHDWXAY78 
---  ---------------------  --------------------------------- 
 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 64p each 
       of the financial 
       instrument,            ISIN Code: GB00BVYB2Q58 
       type of instrument 
       Identification 
       code 
---  ---------------------  --------------------------------- 
 b)   Nature of              Grant of nil cost options under 
       the transaction        the rules of the Marshall Motor 
                              Holdings plc Performance Share 
                              Plan 
---  ---------------------  --------------------------------- 
 c)   Currency               GBP 
---  ---------------------  --------------------------------- 
 d)   Price(s) and             Price(s)    Volume(s) 
       volume(s)               ----------  ---------- 
                                GBPNil      35,489 
                               ----------  ---------- 
---  ---------------------  --------------------------------- 
 e)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  --------------------------------- 
 f)   Date of the            17 April 2018 
       transaction 
---  ---------------------  --------------------------------- 
 g)   Place of the           Outside a trading venue 
       transaction 
---  ---------------------  --------------------------------- 
 

ENDS

For further information and enquiries please contact:

 
 Marshall Motor Holdings plc    c/o Hudson Sandler 
 Daksh Gupta, Chief Executive   Tel: +44 (0) 20 
  Officer                        7796 4133 
 Mark Raban, Chief Financial 
  Officer 
 Investec Bank plc (Financial   Tel: +44 (0) 20 
  Adviser, NOMAD & Broker)       7597 5970 
 Christopher Baird 
 David Flin 
 David Anderson 
 Hudson Sandler                 Tel: +44 (0) 20 
                                 7796 4133 
 Nick Lyon 
 Bertie Berger 
 

Notes to Editors

About Marshall Motor Holdings plc (www.mmhplc.com)

The Group's principal activities are the sale and repair of new and used vehicles through Marshall Motor Group. The Group's businesses have a total of 101 franchises covering 23 brands, operating from 84 locations across 26 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre.

In May 2017 the Group was recognised by the Great Place to Work Institute, being ranked the 22nd best place to work in the UK (large company category). This was the eighth year in succession that the Group has achieved Great Place to Work status.

Cautionary statement

This announcement contains unaudited information based on management accounts and forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts and undue reliance should not be placed on any such statements because they speak only as at the date of this document and are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and the Group's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. MMH undertakes no obligation to revise or update any forward-looking statement contained within this announcement, regardless of whether those statements are affected as a result of new information, future events or otherwise, save as required by law and regulations.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUBRNRWWASAAR

(END) Dow Jones Newswires

April 18, 2018 02:00 ET (06:00 GMT)

1 Year Marshall Motor Chart

1 Year Marshall Motor Chart

1 Month Marshall Motor Chart

1 Month Marshall Motor Chart

Your Recent History

Delayed Upgrade Clock