Shaftesbury PLC Director/PDMR Shareholding (4300J)

TIDMSHB

RNS Number : 4300J

Shaftesbury PLC

04 December 2018

Shaftesbury PLC (the "Company")

Director/PDMR shareholding

The following transactions were undertaken on 3 December 2018 by directors of the Company in the Deferred Annual Share Bonus Scheme ("DASBS"):

   1.       Grant of awards under the DASBS 

The following awards were made in respect of the annual bonus for the year ended 30 September 2018. The directors below elected to take their bonus entirely in shares. Shares were acquired at a price of GBP8.6966 per share and are held in an employee benefit trust for the three year deferral period.

 
      Name        Number of shares 
                       awarded 
 Brian Bickell         45,276 
                 ----------------- 
 Simon Quayle          31,965 
                 ----------------- 
 Tom Welton            31,965 
                 ----------------- 
 Chris Ward            31,603 
                 ----------------- 
 
   2.       Exercise of awards under the DASBS 

Following the vesting of the awards granted in December 2015, in the DASBS, the directors sold sufficient shares to meet income tax and national insurance liabilities and retained the balance.

The changes in directors' shareholdings resulting from this transaction are as follows:

 
      Name        Number of shares   Number of shares   Number of shares   Number of shares 
                       vesting             sold             retained       after transaction 
 Brian Bickell         42,436             20,016             22,420           1,263,012 
                 -----------------  -----------------  -----------------  ------------------ 
 Simon Quayle          29,928             14,116             15,812           1,099,264 
                 -----------------  -----------------  -----------------  ------------------ 
 Tom Welton            29,928             14,116             15,812            893,382 
                 -----------------  -----------------  -----------------  ------------------ 
 Chris Ward            29,258             13,800             15,458            167,285 
                 -----------------  -----------------  -----------------  ------------------ 
 

The ordinary shares were sold at an average price of GBP8.6966 per share.

Full details on the DASBS scheme may be found in the Company's Annual Report.

Penny Thomas

Company Secretary

4 December 2018

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December 04, 2018 10:41 ET (15:41 GMT)