Softcat PLC Director/PDMR Shareholding (5329I)

TIDMSCT

RNS Number : 5329I

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 an award of nil-cost options to a person discharging managerial responsibilities ("PDMR") on 21 November 2018 under the Softcat plc Long Term Incentive Plan ("LTIP"). This announcement is made in accordance with Article 19.3 of MAR.

An award of nil-cost options to acquire 24,166 number of shares was made to Colin Brown, a PDMR, on 21 November 2018 under the LTIP calculated by reference to the closing middle market quotation of the ordinary shares derived from the Daily Official List on the dealing day preceding the date of grant (600.00 pence). The award for Colin Brown will vest subject to continued employment with the Company for three years from the date of grant.

The normal date of vesting for the nil-cost options outlined above will be 21 November 2021 and the last date for exercise will be 20 November 2028.

 
 1.    Details of PDMR / person closely associated with them 
        ("PCA") 
 a)    Name                                                            Colin Brown 
      --------------------------------------------------------------  -------------------------------------------- 
 2.    Reason for the notification 
      ------------------------------------------------------------------------------------------------------------ 
 a)    Position / status                                               Managing Director 
      --------------------------------------------------------------  -------------------------------------------- 
 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 of                                                  Ordinary Shares of GBP0.0005 each 
        the financial 
        instrument 
                                                                        ISIN: GB00BYZDVK82 
        Identification 
        Code 
      --------------------------------------------------------------  -------------------------------------------- 
 b)    Nature of the                                                   Grant of nil cost option over Ordinary 
        transaction                                                    Shares of GBP0.0005 each under the Softcat 
                                                                       plc Long Term Incentive Plan 
      --------------------------------------------------------------  -------------------------------------------- 
 c)    Price(s) and                                                     Price(s)   Volume(s) 
        volume(s)                                                        0.00       24,166 
                                                                                   ---------- 
      --------------------------------------------------------------  -------------------------------------------- 
 d)    Aggregated information 
        Aggregated volume                                                N/A 
        Price 
      --------------------------------------------------------------  -------------------------------------------- 
 
 e)    Date of the 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

DSHGMMZMVVRGRZM

(END) Dow Jones Newswires

November 26, 2018 11:10 ET (16:10 GMT)