Millennium & Copthorne Hotels PLC Director/PDMR Shareholding (0591V)

TIDMMLC

RNS Number : 0591V

Millennium & Copthorne Hotels PLC

03 April 2019

For Immediate Release 3 April 2019

MILLENNIUM AND COPTHORNE HOTELS PLC ("THE COMPANY")

LEI: 2138003EQ104LZ1JNH19

NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

("PDMR'S") AND PERSONS CLOSELY ASSOCIATED WITH THEM ("PCA'S")

Provided in accordance with Article 19.3 of the EU Market Abuse Regulation No. 596/2014

 
1    Details of person discharging managerial responsibilities / person 
      closely associated 
a)   Details of PDMR/PCA                  Jonathon Grech 
    ------------------------------------  -------------------------------------------------- 
2    Reason for the notification 
    ---------------------------------------------------------------------------------------- 
a)   Position/status                      Group General Counsel & Company Secretary 
    ------------------------------------  -------------------------------------------------- 
b)   Initial notification/                Initial notification 
     Amendment 
    ------------------------------------  -------------------------------------------------- 
3    Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
    ---------------------------------------------------------------------------------------- 
a)   Full name of the                     Millennium & Copthorne Hotels plc 
      entity 
    ------------------------------------  -------------------------------------------------- 
b)   Legal Entity                         2138003EQ104LZ1JNH19 
     Identifier code 
    ------------------------------------  -------------------------------------------------- 
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 30p each 
      the financial instrument, 
      type of instrument 
    ------------------------------------  -------------------------------------------------- 
b)   Identification                       GB0005622542 
      code 
    ------------------------------------  -------------------------------------------------- 
c)   Nature of the transaction            Sale of certain shares vested on 29 March 2019 
                                           under the Millennium & Copthorne Hotels plc 2016 
                                           Executive Share Plan in order to meet tax and 
                                           National Insurance liability on that vesting with 
                                           the balance of shares amounting to 1,306 shares 
                                           being beneficially owned by Jonathon Grech. 
    ------------------------------------  -------------------------------------------------- 
d)   Currency                             Sterling 
    ------------------------------------  -------------------------------------------------- 
e)   Price(s) and volume(s)                 Price   Volume      Total 
                                             456p    1,169    GBP5,330.64 
                                                    -------  ------------ 
    ------------------------------------  -------------------------------------------------- 
f)              Aggregated information    See 4.e) above 
 
                  *    Aggregated volume 
 
 
 
                  *    Price 
 
 
 
                  *    Total 
 
 
 
                 - 
                  *    Price 
    ------------------------------------  -------------------------------------------------- 
g)   Date of the transaction              3 April 2019 
    ------------------------------------  -------------------------------------------------- 
h)   Place of the transaction             London Stock Exchange Main Market (XLON) 
    ------------------------------------  -------------------------------------------------- 
 
 
1    Details of person discharging managerial responsibilities / person 
      closely associated 
a)   Details of PDMR/PCA                  Nayan Peshkar 
    ------------------------------------  -------------------------------------------------- 
2    Reason for the notification 
    ---------------------------------------------------------------------------------------- 
a)   Position/status                      Senior Vice President Digital, Distribution & 
                                           Revenue Strategy 
    ------------------------------------  -------------------------------------------------- 
b)   Initial notification/                Initial notification 
     Amendment 
    ------------------------------------  -------------------------------------------------- 
3    Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
    ---------------------------------------------------------------------------------------- 
a)   Full name of the                     Millennium & Copthorne Hotels plc 
      entity 
    ------------------------------------  -------------------------------------------------- 
b)   Legal Entity                         2138003EQ104LZ1JNH19 
     Identifier code 
    ------------------------------------  -------------------------------------------------- 
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 30p each 
      the financial instrument, 
      type of instrument 
    ------------------------------------  -------------------------------------------------- 
b)   Identification                       GB0005622542 
      code 
    ------------------------------------  -------------------------------------------------- 
c)   Nature of the transaction            Sale of certain shares vested on 29 March 2019 
                                           under the Millennium & Copthorne Hotels plc 2016 
                                           Executive Share Plan in order to meet tax and 
                                           National Insurance liability on that vesting with 
                                           the balance of shares amounting to 1,546 shares 
                                           being beneficially owned by Nayan Peshkar. 
    ------------------------------------  -------------------------------------------------- 
d)   Currency                             Sterling 
    ------------------------------------  -------------------------------------------------- 
e)   Price(s) and volume(s)                 Price   Volume      Total 
                                             456p    1,383    GBP6,306.48 
                                                    -------  ------------ 
    ------------------------------------  -------------------------------------------------- 
f)              Aggregated information    See 4.e) above 
 
                  *    Aggregated volume 
 
 
 
                  *    Price 
 
 
 
                  *    Total 
 
 
 
                 - 
                  *    Price 
    ------------------------------------  -------------------------------------------------- 
g)   Date of the transaction              3 April 2019 
    ------------------------------------  -------------------------------------------------- 
h)   Place of the transaction             London Stock Exchange Main Market (XLON) 
    ------------------------------------  -------------------------------------------------- 
 

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April 03, 2019 12:49 ET (16:49 GMT)