![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Safestore Holdings Plc | LSE:SAFE | London | Ordinary Share | GB00B1N7Z094 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-24.50 | -3.06% | 775.50 | 782.50 | 783.50 | 801.00 | 779.50 | 799.50 | 769,810 | 16:35:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
General Warehousing, Storage | 224.2M | 200.2M | 0.9179 | 8.52 | 1.71B |
TIDMSAFE
RNS Number : 6866S
Safestore Holdings plc
08 November 2023
08 November 2023
This announcement is made in replacement of the "Directors/PDMR Shareholding" announcement released on 14 July 2023 (RNS Number 0525G). In the original announcement, the disclosed 2020 LTIP Award grants for Frederic Vecchioli and Andy Jones showed incorrect volumes and have been corrected below.
Safestore Holdings plc (the "Company")
Grant of Awards under the Safestore 2020 Long Term Incentive Plan
Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")
The Company announces that awards have been granted under the Safestore 2020 Long Term Incentive Plan ("2020 LTIP"), approved by shareholders at its Annual General Meeting held on 18 March 2020 and as amended at the General Meeting on 12 July 2023.
The Company has been notified of the following transactions in the Company's Ordinary Shares of 1p each undertaken by directors / persons discharging managerial responsibility ("PDMRs") on 12 July 2023 in accordance with the rules of the 2020 LTIP (as amended).
Name Status Number of Ordinary Option Price Shares under LTIP Award Frederic Vecchioli Chief Executive 276,166 GBPNil Officer ---------------- ------------------- ------------- Andy Jones Chief Financial 141,016 GBPNil Officer ---------------- ------------------- -------------
No consideration was paid for the grant of the LTIP Awards which are structured as nil cost options. The number of Ordinary Shares granted under each LTIP Award has been calculated using an Ordinary Share price of 837.5 pence per share, being the closing share price on the dealing day immediately before the date of grant.
The normal vesting date of the LTIP Awards will be 12 J uly 2026, being the third anniversary of the award date. Once vested, the LTIP Award will normally be exercisable until the day before the tenth anniversary of the award date. The LTIP Awards are subject to a two-year holding period commencing on vesting.
The LTIP Awards incorporate a base award, a relative TSR multiplier, and an absolute and relative TSR performance modifier. The number of Ordinary Shares under the LTIP Award will normally vest after 3 years based on the satisfaction of performance conditions which are measured over a 3 year period. The base award is subject to the satisfaction of the following performance targets:
i. 65% (sixty-five per cent) based on the Company's adjusted diluted EPRA EPS growth;
ii. 25% ( twenty-five per cent) based on strategic/operational measures (growth in Maximum Lettable Area ("MLA")); and
iii. 1 0% (ten per cent) based on the Company's performance against ESG targets.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK version of the EU Market Abuse Regulation which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons close associated with them.
Details of the person discharging managerial responsibilities 1 / person closely associated a) Name Frederic Vecchioli --------------------------------------- ------------------------------------------ Reason for the notification 2 ----------------------------------------------------------------------------------- a) Position/status PDMR, Chief Executive Officer --------------------------------------- ------------------------------------------ b) Initial notification Initial notification /Amendment --------------------------------------- ------------------------------------------ Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor ----------------------------------------------------------------------------------- a) Name Safestore Holdings plc --------------------------------------- ------------------------------------------ b) LEI 213800WGA3YSJC1YOH73 --------------------------------------- ------------------------------------------ Details of the transaction(s): section to be repeated 4 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 Ordinary shares of 1p each financial instrument, type of instrument Identification code GB00B1N7Z094 b) Nature of the transaction Grant of nil cost option under the Safestore 2020 Long Term Incentive Plan --------------------------------------- ------------------------------------------ c) Price(s) and volume(s) ------------------- ------------------ Price(s) Volume(s) ------------------- ------------------ Nil 276,166 ---------------------------------------------------------------- ------------------ d) Aggregated information - Aggregated volume 276,166 - Price Nil e) Date of the transaction 12 July 2023 --------------------------------------- ------------------------------------------ f) Place of the transaction Outside a trading venue --------------------------------------- ------------------------------------------ Details of the person discharging managerial responsibilities 1 / person closely associated a) Name Andy Jones --------------------------------------- ------------------------------------------ Reason for the notification 2 ----------------------------------------------------------------------------------- a) Position/status PDMR, Chief Financial Officer --------------------------------------- ------------------------------------------ b) Initial notification Initial notification /Amendment --------------------------------------- ------------------------------------------ Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor ----------------------------------------------------------------------------------- a) Name Safestore Holdings plc --------------------------------------- ------------------------------------------ b) LEI 213800WGA3YSJC1YOH73 --------------------------------------- ------------------------------------------ Details of the transaction(s): section to be repeated 4 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 Ordinary shares of 1p each financial instrument, type of instrument Identification code GB00B1N7Z094 b) Nature of the transaction Grant of nil cost option under the Safestore 2020 Long Term Incentive Plan --------------------------------------- ------------------------------------------ c) Price(s) and volume(s) ------------------- ------------------ Price(s) Volume(s) ------------------- ------------------ Nil 141,016 ---------------------------------------------------------------- ------------------ d) Aggregated information - Aggregated volume 141,016 - Price Nil e) Date of the transaction 12 July 2023 --------------------------------------- ------------------------------------------ f) Place of the transaction Outside a trading venue --------------------------------------- ------------------------------------------
Enquiries:
Safestore Holdings plc
David Orr, Company Secretary Tel: 020 8732 1500, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHUPGMCGUPWGAM
(END) Dow Jones Newswires
November 08, 2023 02:00 ET (07:00 GMT)
1 Year Safestore Chart |
1 Month Safestore Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions