Share Name Share Symbol Market Type Share ISIN Share Description
Sanne Group Plc LSE:SNN London Ordinary Share JE00BVRZ8S85 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 660.00 659.00 661.00 0.00 0.00 0.00 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 143.0 23.7 12.9 51.2 963

Sanne Group PLC Director/PDMR Shareholding

09/04/2019 4:05pm

UK Regulatory (RNS & others)


Sanne (LSE:SNN)
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RNS Number : 6661V

Sanne Group PLC

09 April 2019

Sanne Group plc

9 April 2019

Sanne Group plc

("SANNE" or "the Company")

Director/PDMR Shareholding

In accordance with the requirements of Market Abuse Regulation Article 19, SANNE announces that, on 30 March 2019, the vesting of shares previously awarded under the Company's Performance Share Plan were made to Dean Godwin and Martin Schnaier, each an Executive Director of the Company, as follows:

 
                Number       Dividend      Total vesting  Shares sold   Released 
                 of shares    equivalent                   for tax and   amount 
                 vesting      shares                       expenses 
 Dean Godwin    66,192       4,183         70,375         0*            70,375 
               -----------  ------------  --------------  ------------  -------- 
 Martin 
  Schnaier      28,024       1,771         29,795         14,040        15,755 
               -----------  ------------  --------------  ------------  -------- 
 

*Dean Godwin will settle the taxes associated with his award directly and these will be reported on his individual tax return.

No consideration was paid for the vesting of the awards which are structured as conditional share awards.

Details are set out below:

 
 1.     Details of the person discharging managerial responsibilities/person 
         closely associated 
 (a)    Name                           Dean Godwin 
       -----------------------------  ------------------------------------------------------ 
 2.     Reason for the notification 
       ------------------------------------------------------------------------------------- 
 (a)    Position/status                Chief Executive Officer 
       -----------------------------  ------------------------------------------------------ 
 (b)    Initial notification/          Initial notification 
         Amendment 
       -----------------------------  ------------------------------------------------------ 
 3.     Details of the issuer 
       ------------------------------------------------------------------------------------- 
 (a)    Name                           Sanne Group plc 
       -----------------------------  ------------------------------------------------------ 
 (b)    LEI                            2138005UBLKEZRITH576 
       -----------------------------  ------------------------------------------------------ 
 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 GBP0.01 each 
         the Financial Instrument       ISIN: JE00BVRZ8S85 
       -----------------------------  ------------------------------------------------------ 
 (b)    Nature of the transaction      Vesting of shares awarded under 
                                        the Sanne Group plc Performance 
                                        Share Plan 
       -----------------------------  ------------------------------------------------------ 
 (c)    Price(s) and volume(s)         Price(s)                    Volume(s) 
                                      --------------------------  -------------------------- 
   Nil                                                             70,375 
  --------------------------------------------------------------  -------------------------- 
 
 (d)    Aggregated information         Aggregated price            Aggregated volume 
       -----------------------------  --------------------------  -------------------------- 
   N/A (single transaction)                                        N/A (single transaction) 
  --------------------------------------------------------------  -------------------------- 
 
 (e)    Date of the transaction        2019-03-30 
       -----------------------------  ------------------------------------------------------ 
 (f)    Place of the transaction       Outside a trading venue 
       -----------------------------  ------------------------------------------------------ 
 
 
 
 1.     Details of the person discharging managerial responsibilities/person 
         closely associated 
 (a)    Name                           Martin Schnaier 
       -----------------------------  ------------------------------------------------------ 
 2.     Reason for the notification 
       ------------------------------------------------------------------------------------- 
 (a)    Position/status                Chief Executive Officer Designate 
       -----------------------------  ------------------------------------------------------ 
 (b)    Initial notification/          Initial notification 
         Amendment 
       -----------------------------  ------------------------------------------------------ 
 3.     Details of the issuer 
       ------------------------------------------------------------------------------------- 
 (a)    Name                           Sanne Group plc 
       -----------------------------  ------------------------------------------------------ 
 (b)    LEI                            2138005UBLKEZRITH576 
       -----------------------------  ------------------------------------------------------ 
 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 GBP0.01 each 
         the Financial Instrument       ISIN: JE00BVRZ8S85 
       -----------------------------  ------------------------------------------------------ 
 (b)    Nature of the transaction      Vesting of shares awarded under 
                                        the Sanne Group plc Performance 
                                        Share Plan 
       -----------------------------  ------------------------------------------------------ 
 (c)    Price(s) and volume(s)         Price(s)                    Volume(s) 
                                      --------------------------  -------------------------- 
   Nil                                                             15,755 
  --------------------------------------------------------------  -------------------------- 
 
 (d)    Aggregated information         Aggregated price            Aggregated volume 
       -----------------------------  --------------------------  -------------------------- 
   N/A (single transaction)                                        N/A (single transaction) 
  --------------------------------------------------------------  -------------------------- 
 
 (e)    Date of the transaction        2019-03-30 
       -----------------------------  ------------------------------------------------------ 
 (f)    Place of the transaction       Outside a trading venue 
       -----------------------------  ------------------------------------------------------ 
 
 

For and on behalf of Sanne Group plc

 
 
  Enquiries: 
 
  Sanne Group plc 
  Ian Portal, Group Company     +44 (0) 20 3911 
  Secretary                     1048 
Tulchan Communications LLP    +44 (0) 20 7353 
 Tom Murray                    4200 
 

Notes:

About SANNE

SANNE is a leading global provider of alternative asset and corporate services. Established for over 30 years and listed on the Main Market of the London Stock Exchange and a member of the FTSE 250 index, SANNE employs more than 1,400 people worldwide and administers structures and funds that have in excess of GBP240 billion of assets.

Key clients include alternative asset managers, financial institutions, family offices, ultra-high net-worth individuals and corporates.

SANNE operates from a global network of offices located in leading financial jurisdictions, which are spread across the Americas, Europe, Africa and Asia-Pacific.

www.sannegroup.com

This information is provided by RNS, 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.

END

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