Senior PLC Vesting of deferred share awards (7731S)

TIDMSNR

RNS Number : 7731S

Senior PLC

18 March 2021

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR THEIR CONNECTED PERSONS

Ordinary shares of 10 pence each in Senior plc ("the Company") were released to the following Persons Discharging Managerial Responsibilities ("PDMRs") on 18 March 2021 under the terms of the Company's Deferred Bonus award made on 28 February 2018. Subject to the terms of the Plan, the awards ordinarily vest three years after the date of grant, subject to a grantee's continued employment within the Company's Group until such time. No consideration was paid for the grant of these awards and no consideration is due on the vesting on these awards. Included within the number of vested shares stated below were shares relating to dividend equivalents for the deferred bonus awards granted on 28 February 2018, and for previously omitted dividend equivalents for prior deferred bonus awards and for the 2017 LTIP award.

Only existing ordinary shares sourced via the Company's Employee Benefit Trust were used to satisfy these awards.

The Company has been advised that some of the shares released to the PDMRs were subsequently disposed of on 18 March 2021, as indicated below at a share price of GBP1.168. These transactions took place on the London Stock Exchange.

 
                                       Dividend      Dividend 
                    No. of Shares     Equivalents   Equivalents  Total Number  Total Number 
                    - 2018 Deferred   - Deferred    - 2017 LTIP    of vested     of shares 
  Name of PDMR        Bonus Award     Bonus Award      Award        shares         sold 
David Beavan                 16,907         2,768         2,235        21,910        10,319 
Andrew Bodenham              13,730         2,266         1,815        17,811             0 
Launie Fleming**             25,727         5,195         4,542        35,464        11,496 
Bindi Foyle*                 26,100         3,622         5,016        34,738             0 
Jane Johnston                20,783         1,912         2,747        25,442        11,982 
Andrea Rigamonti             15,684         1,738         1,036        18,458             0 
Mike Sheppard**              34,446         5,106         4,679        44,231        44,231 
David Squires*               46,542         6,063        10,143        62,748             0 
 

* - Main Board Director.

** - US Citizen

After completion of the above transactions, David Squires holds 512,125 shares and Bindi Foyle holds 202,887 shares in the Company.

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March 18, 2021 11:58 ET (15:58 GMT)