Sophos Group Plc Notification of Transaction (4807X)

TIDMSOPH

RNS Number : 4807X

Sophos Group Plc

10 August 2018

Sophos Group plc

(the Company)

10 August 2018

Notification of Transaction by Persons Discharging Managerial Responsibilities

On 7 August 2018, performance share units (PSU) and restricted share units (RSU) vested under the Sophos Group Long Term Incentive Plan 2015 (LTIP). The PSU and RSU were granted on 7 August 2015. The vesting of the PSU was subject to the satisfaction of performance conditions.

The following PDMRs have completed the sale of ordinary shares of 3p each in the capital of the Company (Shares) to cover the tax obligations falling due:

 
 PDMR             Type of award    Number    Number of shares       Shares 
                                    vested    sold to cover tax      retained 
                                              obligations falling 
                                              due 
 Kris Hagerman    PSU              831,686   412,350                419,336 
                 ---------------  --------  ---------------------  ---------- 
  RSU                              113,238   56,144                 57,094 
 -------------------------------  --------  ---------------------  ---------- 
 Nick Bray        PSU              391,382   183,950                207,432 
                 ---------------  --------  ---------------------  ---------- 
  RSU                              49,158    23,105                 26,053 
 -------------------------------  --------  ---------------------  ---------- 
 

Following this transaction, Kris Hagerman and Nick Bray have total beneficial interests over 2,560,544 and 372,585 Shares, respectively.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 and provides further detail.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Kris Hagerman 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             Chief Executive / Director 
     --------------------------  -------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                        Sophos Group plc 
     --------------------------  -------------------------------------------- 
 b)   LEI                         21380078ZKBCC75BO206 
     --------------------------  -------------------------------------------- 
 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 the          Ordinary shares of 3p each in Sophos 
       financial instrument,       Group plc (Shares) 
       type of instrument 
 
       Identification code         GB00BYZFZ918 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Sale of Shares to cover the tax obligations 
                                   falling due in relation to the vesting 
                                   of PSU and RSU under the Sophos Group 
                                   Long Term Incentive Plan 2015 (LTIP). 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)     Volume(s) 
                                     GBP5.0129    468,494 
                                                 ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
                                    Total number of Shares sold by the PDMR 
       - Aggregated volume          on 
                                    9 August 2018: 468,494 
       - Price 
                                    Total price: GBP2,348,513.57 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     9 August 2018 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Nick Bray 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             Chief Financial Officer / Director 
     --------------------------  -------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                        Sophos Group plc 
     --------------------------  -------------------------------------------- 
 b)   LEI                         21380078ZKBCC75BO206 
     --------------------------  -------------------------------------------- 
 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 the          Ordinary shares of 3p each in Sophos 
       financial instrument,       Group plc (Shares) 
       type of instrument 
 
       Identification code         GB00BYZFZ918 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Sale of Shares to cover the tax obligations 
                                   falling due in relation to the vesting 
                                   of PSU and RSU under the Sophos Group 
                                   Long Term Incentive Plan 2015 (LTIP). 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)         Volume(s) 
                                     GBP5.0129 per 
                                      share           207,055 
                                                     ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
                                    Total number of Shares sold by PDMR on 
       - Aggregated volume          9 August 2018: 207,055 
 
       - Price                      Total price: GBP 1,037,946.01 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     9 August 2018 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  -------------------------------------------- 
 

Chloe Barry

Group Company Secretary

www.sophos.com

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.

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August 10, 2018 05:56 ET (09:56 GMT)