Marshalls PLC Director/PDMR Shareholding (3494I)

TIDMMSLH

RNS Number : 3494I

Marshalls PLC

20 March 2018

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                       Marshalls EBT Limited 
---  -------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------- 
 a)   Position/status            PCA (employee benefit trust 
                                  having common directorships 
                                  with Marshalls plc) 
---  -------------------------  ------------------------------------ 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a)   Name                       Marshalls plc 
---  -------------------------  ------------------------------------ 
 b)   LEI                        213800S21IFC367J5V62 
---  -------------------------  ------------------------------------ 
 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             Ordinary shares of 25p each, 
       the financial              with voting rights attached 
       instrument, type 
       of instrument 
                                  GB00B012BV22 
       Identification 
       code 
---  -------------------------  ------------------------------------ 
 b)   Nature of the              (i) Transfer of shares to 
       transaction                satisfy vesting of 2015 Element 
                                  B awards under the Marshalls 
                                  plc 2014 Management Incentive 
                                  Plan ("MIP") 
                                  (ii) Purchase of Element 
                                  B shares vesting from MIP 
                                  participants to enable settlement 
                                  of tax/NIC due on vesting 
---  -------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------------- 
                                    GBP4.522 GBP     (i) Transfer 
                                     (mid-market      569,503 shares 
                                     closing price    (ii) Purchase 
                                     on date of       267,674 shares 
                                     transaction) 
                                   ---------------  ---------------- 
---  -------------------------  ------------------------------------ 
 d)   Aggregated information     Transfer and purchase connected 
                                  with incentive plan shares 
                                  vesting 
       - Aggregated volume 
                                  569,503 (net shares transferred 
                                  301,829) 
       - Price 
 
                                  GBP452.2 
---  -------------------------  ------------------------------------ 
 e)   Date of the transaction    16.03.18 
---  -------------------------  ------------------------------------ 
 f)   Place of the transaction   London Stock Exchange, Main 
                                  Market (XLON) 
---  -------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 20, 2018 12:55 ET (16:55 GMT)