Quarto Group Inc PDMR Grant of Share Options (0999F)

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RNS Number : 0999F

Quarto Group Inc

15 May 2017

The Quarto Group, Inc

("the Company")

PDMR Grant of Share Options

The Quarto Group (LSE: QRT), the leading global illustrated book publisher, announces that on 5 May 2017 it has granted 137,306 options under the Company's existing Performance Share Plan to Persons Discharging Managerial Responsibility ("PDMRs") as listed below. The awards have a vesting date of 28 April 2021.

 
PDMR            Position                 Number of Options 
                                          granted 
--------------  -----------------------  ----------------- 
David Breuer    Chief Creative Officer   16,635 
--------------  -----------------------  ----------------- 
                Group Director of 
                 Legal & Business 
Anne Crompton    Affairs                 10,932 
--------------  -----------------------  ----------------- 
                Chief Operating 
Ken Fund         Officer                 25,496 
--------------  -----------------------  ----------------- 
                Chief Executive 
Marcus Leaver    officer                 70,935 
--------------  -----------------------  ----------------- 
                Group Director of 
Karine Marko     Foreign Rights          13,308 
--------------  -----------------------  ----------------- 
Dorothee de     Group Director of 
 Montgolfier     Communications          7,605 
--------------  -----------------------  ----------------- 
 

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

 
1   Details of the persons discharging managerial responsibilities / person 
     closely associated 
    ------------------------------------------------------------------------- 
a)  Name                                    1. David Breuer 
                                             2. Anne Crompton 
                                             3. Ken Fund 
                                             4. Marcus Leaver 
                                             5. Karine Marko 
                                             6. Dorothee de Montgolfier 
    --------------------------------------  --------------------------------- 
2   Reason for the notification 
    ------------------------------------------------------------------------- 
a)  Position/status                         Classified as PDMRs 
                                             of the Company 
    --------------------------------------  --------------------------------- 
b)  Initial notification                    Initial notification 
     /Amendment 
    --------------------------------------  --------------------------------- 
3   Details of the issuer, emission allowance market participant, auction 
     platform, auctioneer or auction monitor 
    ------------------------------------------------------------------------- 
a)  Name                                    The Quarto Group Inc 
    --------------------------------------  --------------------------------- 
b)  LEI                                     [N/A] 
    --------------------------------------  --------------------------------- 
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 financial            Common stock of US$0.10 
     instrument, type of instrument          each in the capital 
                                             of the Company ("Common 
                                             Stock") 
    --------------------------------------  --------------------------------- 
    Identification code                     US74772E1001 
    --------------------------------------  --------------------------------- 
b)  Nature of the transaction               Grant of options over 
                                             Common Stock 
    --------------------------------------  --------------------------------- 
c)  Price(s) and volume(s)                  Exercise Prices  Volumes 
                                              per share 
                                             1. Nil Cost      1. 16,635 
                                              Options          2. 10,932 
                                              2. Nil Cost      3. 25,496 
                                              Options          4. 70,935 
                                              3. Nil Cost      5. 13,308 
                                              Options          6. 7,605 
                                              4. Nil Cost 
                                              Options 
                                              5. Nil Cost 
                                              Options 
                                              6. Nil Cost 
                                              Options 
    --------------------------------------  --------------------------------- 
d)  Aggregated information                  Aggregated volume: 137,306 
     - Aggregated volume                     Price: Nil cost options 
     - Price 
    --------------------------------------  --------------------------------- 
e)  Date of the transaction                 5 May 2017 
    --------------------------------------  --------------------------------- 
f)  Place of the transaction                London Stock Exchange 
                                             (XLON) 
    --------------------------------------  --------------------------------- 
 

For further information, please contact:

The Quarto Group

 
                Marcus Leaver, CEO 
                 Dorothée de Montgolfier, Group 
                 Director of Communications             020 7700 9002 
                Bell Pottinger 
                 Elly Williamson                        020 3772 2573 
 

About The Quarto Group

The Quarto Group (LSE: QRT) is the leading global illustrated book publishing group. Our mission is to make and sell great books that entertain, educate and enrich the lives of adults and children around the world.

Quarto creates and owns proprietary content, publishing books from a diverse portfolio of imprints that are creatively independent and expert in developing long-lasting content across specific niches of interest.

Quarto sells books across 50 countries and in 39 languages through a variety of traditional and non-traditional channels, while constantly looking for new ways to create and deliver content that people need.

Quarto employs over 400 talented people in the US, UK and Hong Kong. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.

For more information, visit quarto.com or follow us on Twitter at @TheQuartoGroup.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 15, 2017 02:38 ET (06:38 GMT)