Softcat PLC Director/PDMR Shareholding (5318I)

TIDMSCT

RNS Number : 5318I

Softcat PLC

26 November 2018

26 November 2018

Softcat plc (the "Company")

Notification of Transactions by

Persons Discharging Managerial Responsibilities

The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to awards of nil-cost options to persons discharging managerial responsibilities ("PDMR") on 21 November 2018 under the Softcat plc Annual and Deferred Bonus Plan ("ABP"). This announcement is made in accordance with Article 19.3 of MAR.

Softcat plc Annual and Deferred Bonus Plan

On 21 November 2018, awards under the Company's Annual and Deferred Bonus Plan (the "ABP") were made as set out in the table below.

The awards were made as nil-cost options and the number of shares over which each nil-cost option was awarded has been calculated by reference to the average share price over the last 30 days of the Financial Year to which the Bonus Award relates (FY18) (783.27 pence) in accordance with the rules of the ABP.

The awards are not subject to the achievement of performance conditions. The normal date of vesting for these nil-cost options will be 21 November 2021 and the last date for exercise will be 20 November 2028, with dividend equivalents payable in respect of the vesting of nil-cost options in accordance with the rules of the ABP.

 
     1. Name          2. Status      3. No. of Shares subject to ABP award 
   Graeme Watt      Director/PDMR                    6,383 
                   ---------------  -------------------------------------- 
 Graham Charlton    Director/PDMR                   10,213 
                   ---------------  -------------------------------------- 
 

For further information on the ABP, please refer to the Company's Annual Report and Accounts.

 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
 a)    Name                      Graeme Watt 
      ------------------------  -------------------------------------------- 
 2.    Reason for the notification 
      ---------------------------------------------------------------------- 
 a)    Position / status         CEO 
      ------------------------  -------------------------------------------- 
 b)    Initial notification      Initial Notification 
        / amendment 
      ------------------------  -------------------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------- 
 a)    Name                      Softcat plc 
      ------------------------  -------------------------------------------- 
 b)    LEI                       N/A 
      ------------------------  -------------------------------------------- 
 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               Ordinary Shares of GBP0.0005 each 
        of the financial          ISIN: GB00BYZDVK82 
        instrument 
        Identification 
        Code 
      ------------------------  -------------------------------------------- 
 b)    Nature of the             Grant of nil cost option over Ordinary 
        transaction               Shares of GBP0.0005 each under the Softcat 
                                  plc Annual and Deferred Bonus Plan 
      ------------------------  -------------------------------------------- 
 c)    Price(s) and               Price(s)   Volume(s) 
        volume(s)                  0.00       6,383 
                                             ---------- 
      ------------------------  -------------------------------------------- 
 d)    Aggregated information 
        Aggregated volume          N/A 
        Price 
      ------------------------  -------------------------------------------- 
       Date of the 
 e)     transaction                2018-11-21 
      ------------------------  -------------------------------------------- 
 f)    Place of the 
        transaction                Outside a trading venue 
      ------------------------  -------------------------------------------- 
 
 
 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
 a)    Name                      Graham Charlton 
      ------------------------  -------------------------------------------- 
 2.    Reason for the notification 
      ---------------------------------------------------------------------- 
 a)    Position / status         CFO 
      ------------------------  -------------------------------------------- 
 b)    Initial notification      Initial Notification 
        / amendment 
      ------------------------  -------------------------------------------- 
 3.    Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------- 
 a)    Name                      Softcat plc 
      ------------------------  -------------------------------------------- 
 b)    LEI                       N/A 
      ------------------------  -------------------------------------------- 
 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               Ordinary Shares of GBP0.0005 each 
        of the financial          ISIN: GB00BYZDVK82 
        instrument 
        Identification 
        Code 
      ------------------------  -------------------------------------------- 
 b)    Nature of the             Grant of nil cost option over Ordinary 
        transaction               Shares of GBP0.0005 each under the Softcat 
                                  plc Annual and Deferred Bonus Plan 
      ------------------------  -------------------------------------------- 
 c)    Price(s) and               Price(s)   Volume(s) 
        volume(s)                  0.00       10,213 
                                             ---------- 
      ------------------------  -------------------------------------------- 
 d)    Aggregated information 
        Aggregated volume          N/A 
        Price 
      ------------------------  -------------------------------------------- 
       Date of the 
 e)     transaction                2018-11-21 
      ------------------------  -------------------------------------------- 
 f)    Place of the 
        transaction                Outside a trading venue 
      ------------------------  -------------------------------------------- 
 
 

Softcat plc

26 November 2018

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 [e-mail] or visit www.rns.com.

END

DSHDMMZMKVLGRZM

(END) Dow Jones Newswires

November 26, 2018 10:51 ET (15:51 GMT)