Senior PLC Vesting of executive share awards (5196F)

TIDMSNR

RNS Number : 5196F

Senior PLC

10 March 2020

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 6 March 2020 under the terms of the following share plans:

 
 1.   The Senior plc 2014 Long-Term Incentive Plan ("LTIP") award 
       made on 28 February 2017, as a result of the performance 
       conditions attaching to the LTIP awards having been satisfied 
       as to 27.5%. 
 2.   The Company's Deferred Bonus award made on 28 February 2017. 
       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. 
 

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 6 March 2020, as indicated below at a share price of GBP1.407. These transactions took place on the London Stock Exchange.

 
  Name of PDMR      No. of LTIP   No. of Deferred  Total no.   Total no. 
                    award shares    Bonus award     of shares   of shares 
                       vested      shares vested     vested       sold 
David Beavan              24,559            9,566      34,125      16,062 
Andrew Bodenham           19,944            7,467      27,411      12,910 
Launie Fleming**          49,910            9,271      59,181      19,185 
Bindi Foyle*              23,151            8,794      31,945      15,045 
Jane Johnston             30,190            7,381      37,571      17,695 
Joe Mockus**              45,772            3,045      48,817      24,408 
Andrea Rigamonti          11,391            8,813      20,204       9,516 
Mike Sheppard**           51,415            9,027      60,442      60,442 
David Squires*           111,454           29,315     140,769           0 
 

* - Main Board Director.

** - US Citizen

After completion of the above transactions, David Squires holds 244,377 shares and Bindi Foyle holds 86,238 shares in the Company.

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March 10, 2020 03:00 ET (07:00 GMT)