S & U PLC Director/PDMR Shareholding (4681K)

TIDMSUS

RNS Number : 4681K

S & U PLC

10 April 2018

10 April 2018

S & U PLC ("S&U" or "the Company")

Director/PDMR Shareholding

The Company has granted share options in respect of 5,000 ordinary shares of 12.5p each in S&U to a Director of the Company under the Company's 2010 Long Term Incentive Plan ("LTIP").

The LTIP option awards were all made on 10 April 2018.

The earliest date the awards will vest is on 10 April 2021 all at an exercise price of 12.5p each. The vesting of the awards is subject to each person remaining in employment with the Company for three years from the date of the award and meeting challenging performance targets.

The award is as follows:

 
 Name of            Number            Total         Number 
  Director     of ordinary           number    of ordinary 
                    shares        of shares         shares 
                     under       over which          owned 
               LTIP option          options       outright 
                   awarded       held under 
                                   LTIP and 
                             DSOP following 
                               notification 
------------  ------------  ---------------  ------------- 
 CH Redford          5,000           17,600         11,000 
------------  ------------  ---------------  ------------- 
 

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

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       Chris Redford 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Director 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       S&U PLC 
---  -------------------------  ------------------------------- 
 b)   LEI                        213800QZ1X2A7J64SQ31 
---  -------------------------  ------------------------------- 
 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             Share options over Ordinary 
       the financial              shares of 12.5p each 
       instrument, type 
       of instrument              ISIN : GB0007655037 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Grant of share options in 
       transaction                respect of 5,000 ordinary 
                                  shares under the Company's 
                                  2010 Long Term Incentive 
                                  Share Scheme 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Option Exercise   Volume(s) 
                                     Price(s) 
                                   ----------------  ---------- 
                                    12.5p             5,000 
                                   ----------------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information     N/A (Single transaction) 
       - Aggregated volume 
       - Price 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    10(th) April 2018 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   Solihull 
---  -------------------------  ------------------------------- 
 

Enquiries:

 
 Anthony Coombs            S&U plc                   c/o Newgate Communications 
 Financial Public 
  Relations 
  Bob Huxford, James 
  Ash, Imogen Humphreys    Newgate Communications    020 7653 9848 
 Broker 
  Adrian Trimmings, 
  Rishi Shah               Peel Hunt LLP             020 7418 8900 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 10, 2018 10:13 ET (14:13 GMT)