We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sportech Plc | LSE:SPO | London | Ordinary Share | GB00BRV2F192 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 84.00 | 82.00 | 86.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSPO
RNS Number : 9133L
Sportech PLC
24 July 2017
24 July 2017
SPORTECH PLC ("the Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
Awards under the Sportech PLC Value Creation Plan
Following approval of the Sportech PLC Value Creation Plan (the "Plan") at the General Meeting on 24 May 2017 the Company has, on Friday 21 July, made awards under the Plan to the directors of the Company listed below along with other employees.
Under the terms of the Plan, participants have the right to receive a proportion of a pool of ordinary shares of 50 pence each in the Company ("Ordinary Shares") that in aggregate deliver a value equal to 20% of the value created for shareholders over the 5 year performance period ending 31 December 2021. The awards will vest for nil consideration and are subject to certain performance conditions, principally delivering a total shareholder return in excess of 8% p.a. compound growth above the starting share price of 95 pence. The awards will be settled in Ordinary Shares, however, the remuneration committee have the discretion to settle up to half of the awards in cash. In consideration for receiving the awards, Plan participants have agreed to give up any entitlement to awards made in March 2017 under the Sportech Performance Share Plan as detailed in the bottom table.
Full details of the Plan are available in the notice of General Meeting on the Company's website (http://www.sportechplc.com/investors/shareholder-information/meetings-and-voting).
The number of Ordinary Shares under award will be determined and vest at the end of the five year performance period, or earlier in the event of a change of control of the Company, and will be calculated at that time by reference to the director's percentage entitlement to the growth in value below.
Hot Features
Premium
Director Position Percentage entitlement Percentage entitlement
of 20% pool of growth in
value
---------------- ----------------- ----------------------- ----------------------
CHIEF EXECUTIVE
IAN PENROSE OFFICER 25% 5%
---------------- ----------------- ----------------------- ----------------------
CHIEF FINANCIAL
MICKEY KALIFA OFFICER 12.5% 2.5%
---------------- ----------------- ----------------------- ----------------------
EXECUTIVE
ANDREW GAUGHAN DIRECTOR 12.5% 2.5%
---------------- ----------------- ----------------------- ----------------------
OTHER SENIOR
MANAGEMENT 25% 5%
----------------------------------- ----------------------- ----------------------
RESERVED
FOR FUTURE
ALLOCATIONS 25% 5%
----------------------------------- ----------------------- ----------------------
Sportech PLC 2017 Performance Share Plan ("2017 PSP")
Director Position 2017 PSP options
withdrawn
---------------- -------------------- -----------------
CHIEF EXECUTIVE
IAN PENROSE OFFICER 419,552
---------------- -------------------- -----------------
CHIEF FINANCIAL
MICKEY KALIFA OFFICER 200,328
---------------- -------------------- -----------------
ANDREW GAUGHAN EXECUTIVE DIRECTOR 191,387
---------------- -------------------- -----------------
For further information, please contact:
Sportech PLC Ian Penrose, Chief Executive Mickey Kalifa, Chief Financial Officer 020 7268 2400 Brunswick Group LLP 020 7404 5959 Mike Smith sportech@brunswickgroup.com Stuart Donnelly Investec Bank PLC Patrick Robb Henry Reast 020 7597 5970 Peel Hunt LLP Dan Webster 020 7418 8900
Notification of Deal Forms of each PDMR can be found below.
1. Details of the person discharging managerial responsibilities/persons closely associated
--- -------------------------------------------------------------------------------------------------------------------
a) Name IAN PENROSE
--- ----------------------- ------------------------------------------------------------------------------------------
2. Reason for notification
--- -------------------------------------------------------------------------------------------------------------------
a) Position/Status CHIEF EXECUTIVE OFFICER
--- ----------------------- ------------------------------------------------------------------------------------------
b) Initial Initial notification
notification/amendment
--- ----------------------- ------------------------------------------------------------------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------------------------------------------------------
a) Name SPORTECH PLC
--- ----------------------- ------------------------------------------------------------------------------------------
b) LEI 2138003BHYUQWAYGSK09
--- ----------------------- ------------------------------------------------------------------------------------------
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 GBP0.50 each in the capital of SPORTECH PLC
financial instrument, ISIN: GB00B28ZPV64
type of instrument and
identification code
--- ----------------------- ------------------------------------------------------------------------------------------
b) Nature of transaction Award of shares under the SPORTECH PLC VALUE CREATION PLAN
--- ----------------------- ------------------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- -----------------------------------------------------------------------------
Nil Such number of shares as equals 5% of the growth in value above a 8% CAGR
over 5 years to
31 December 2021
--------- -----------------------------------------------------------------------------
--- ----------------------- ------------------------------------------------------------------------------------------
d) Aggregated Information n/a
--- ----------------------- ------------------------------------------------------------------------------------------
e) Date of transaction 21 JULY 2017
--- ----------------------- ------------------------------------------------------------------------------------------
f) Place of transaction London Stock Exchange (XLON)
--- ----------------------- ------------------------------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/persons closely associated
--- -------------------------------------------------------------------------------------------------------------------
a) Name MICKEY KALIFA
--- ----------------------- ------------------------------------------------------------------------------------------
2. Reason for notification
--- -------------------------------------------------------------------------------------------------------------------
a) Position/Status CHIEF FINANCIAL OFFICER
--- ----------------------- ------------------------------------------------------------------------------------------
b) Initial Initial notification
notification/amendment
--- ----------------------- ------------------------------------------------------------------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------------------------------------------------------
a) Name SPORTECH PLC
--- ----------------------- ------------------------------------------------------------------------------------------
b) LEI 2138003BHYUQWAYGSK09
--- ----------------------- ------------------------------------------------------------------------------------------
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 GBP0.50 each in the capital of SPORTECH PLC
financial instrument, ISIN: GB00B28ZPV64
type of instrument and
identification code
--- ----------------------- ------------------------------------------------------------------------------------------
b) Nature of transaction Award of shares under the SPORTECH PLC VALUE CREATION PLAN
--- ----------------------- ------------------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- -----------------------------------------------------------------------------
Nil Such number of shares as equals 2.5% of the growth in value above a 8% CAGR
over 5 years to
31 December 2021
--------- -----------------------------------------------------------------------------
--- ----------------------- ------------------------------------------------------------------------------------------
d) Aggregated Information n/a
--- ----------------------- ------------------------------------------------------------------------------------------
e) Date of transaction 21 JULY 2017
--- ----------------------- ------------------------------------------------------------------------------------------
f) Place of transaction London Stock Exchange (XLON)
--- ----------------------- ------------------------------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/persons closely associated
--- -------------------------------------------------------------------------------------------------------------------
a) Name ANDREW GAUGHAN
--- ----------------------- ------------------------------------------------------------------------------------------
2. Reason for notification
--- -------------------------------------------------------------------------------------------------------------------
a) Position/Status EXECUTIVE DIRECTOR
--- ----------------------- ------------------------------------------------------------------------------------------
b) Initial Initial notification
notification/amendment
--- ----------------------- ------------------------------------------------------------------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------------------------------------------------------
a) Name SPORTECH PLC
--- ----------------------- ------------------------------------------------------------------------------------------
b) LEI 2138003BHYUQWAYGSK09
--- ----------------------- ------------------------------------------------------------------------------------------
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 GBP0.50 each in the capital of SPORTECH PLC
financial instrument, ISIN: GB00B28ZPV64
type of instrument and
identification code
--- ----------------------- ------------------------------------------------------------------------------------------
b) Nature of transaction Award of shares under the SPORTECH PLC VALUE CREATION PLAN
--- ----------------------- ------------------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- -----------------------------------------------------------------------------
Nil Such number of shares as equals 2.5% of the growth in value above a 8% CAGR
over 5 years to
31 December 2021
--------- -----------------------------------------------------------------------------
--- ----------------------- ------------------------------------------------------------------------------------------
d) Aggregated Information n/a
--- ----------------------- ------------------------------------------------------------------------------------------
e) Date of transaction 21 JULY 2017
--- ----------------------- ------------------------------------------------------------------------------------------
f) Place of transaction London Stock Exchange (XLON)
--- ----------------------- ------------------------------------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHPGUMCMUPMGPC
(END) Dow Jones Newswires
July 24, 2017 08:50 ET (12:50 GMT)
1 Year Sportech Chart |
1 Month Sportech Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
