ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

CTO Tclarke Plc

161.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tclarke Plc LSE:CTO London Ordinary Share GB0002015021 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% 161.50 161.00 161.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Special Trade Contractor,nec 491M 6.5M 0.1230 13.09 85.09M

Clarke(T.) PLC Grant of EIP Options and Shares (2764M)

26/04/2018 2:33pm

UK Regulatory


Tclarke (LSE:CTO)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Tclarke Charts.

TIDMCTO

RNS Number : 2764M

Clarke(T.) PLC

26 April 2018

TClarke plc

("the Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that on 25(th) April 2018, the following Executive Directors of the Company were granted nil cost conditional share awards over ordinary shares of 10p each in Company ("Shares") pursuant to the TClarke plc Equity Incentive Plan ("the Plan") as follows:

 
Director:         Number of conditional 
                   shares awarded: 
Mark Lawrence     181,588 
Mike Crowder      154,934 
Trevor Mitchell   135,078 
 

No consideration was paid for the grant of the conditional share awards. The conditional share awards will normally vest on 25(th) April 2021, being the third anniversary of the date of grant, subject to continued employment with the Company and satisfaction of the earnings per share performance condition as set out below:

 
 Annual growth in EPS   Proportion of award vesting 
  above RPI* 
---------------------  ---------------------------- 
 Less than 3%           Nil 
---------------------  ---------------------------- 
 3%                     25% 
---------------------  ---------------------------- 
 Between 3% and 10%     Between 25% and 100% 
                         on a straight-line basis 
---------------------  ---------------------------- 
 Above 10%              100% 
---------------------  ---------------------------- 
 

*Base point from which performance is measured is based on average underlying EPS for the three years ended 31(st) December 2017.

 
Formal notifications in respect of the conditional share awards to the directors are below; 
  1     Details of the person discharging managerial 
         responsibilities / person closely associated 
 ---  -------------------------------------------------------------------------- 
  a)   Name                              Mark Lawrence 
 ---  --------------------------------  ---------------------------------------- 
  2    Reason for the notification 
 ---  -------------------------------------------------------------------------- 
  a)   Position/status                   Group Chief Executive Officer 
                                          and Executive Director (PDMR). 
 ---  --------------------------------  ---------------------------------------- 
  b)   Initial notification/Amendment    Initial notification 
 ---  --------------------------------  ---------------------------------------- 
  3     Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
 ---  -------------------------------------------------------------------------- 
  a)   Name                              TClarke plc 
 ---  --------------------------------  ---------------------------------------- 
  b)   LEI                               213800OIP8MU517BK123 
 ---  --------------------------------  ---------------------------------------- 
  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 10 pence each 
        the financial 
        instrument, type 
        of instrument                            GB0002015021 
 
        Identification 
        code 
 ---  --------------------------------  ---------------------------------------- 
  b)   Nature of the                     Grant of a conditional share 
        transaction                       award under the Equity Incentive 
                                          Plan 
 ---  --------------------------------  ---------------------------------------- 
  c)   Price(s) and                      Price(s)    Volume(s) 
        volume(s)                        ----------  ---------- 
                                          Nil         181,588 
                                         ----------  ---------- 
 ---  --------------------------------  ---------------------------------------- 
 
  d)            Aggregated information    N/A (single transaction) 
 
                - Aggregated 
                volume 
 
                 *    Price 
 ---  --------------------------------  ---------------------------------------- 
  e)   Date of the transaction           2018-04-25 
 ---  --------------------------------  ---------------------------------------- 
  f)   Place of the                      Outside a trading venue 
        transaction 
 ---  --------------------------------  ---------------------------------------- 
 
 
  1     Details of the person discharging managerial 
         responsibilities / person closely associated 
 ---  -------------------------------------------------------------------------- 
  a)   Name                              Mike Crowder 
 ---  --------------------------------  ---------------------------------------- 
  2    Reason for the notification 
 ---  -------------------------------------------------------------------------- 
  a)   Position/status                   Group Managing Director and Executive 
                                          Director (PDMR). 
 ---  --------------------------------  ---------------------------------------- 
  b)   Initial notification/Amendment    Initial notification 
 ---  --------------------------------  ---------------------------------------- 
  3     Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
 ---  -------------------------------------------------------------------------- 
  a)   Name                              TClarke plc 
 ---  --------------------------------  ---------------------------------------- 
  b)   LEI                               213800OIP8MU517BK123 
 ---  --------------------------------  ---------------------------------------- 
  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 10 pence each 
        the financial 
        instrument, type 
        of instrument                            GB0002015021 
 
        Identification 
        code 
 ---  --------------------------------  ---------------------------------------- 
  b)   Nature of the                     Grant of a conditional share 
        transaction                       award under the Equity Incentive 
                                          Plan 
 ---  --------------------------------  ---------------------------------------- 
  c)   Price(s) and                      Price(s)    Volume(s) 
        volume(s)                        ----------  ---------- 
                                          Nil         154,934 
                                         ----------  ---------- 
 ---  --------------------------------  ---------------------------------------- 
 
  d)            Aggregated information    N/A (single transaction) 
 
                - Aggregated 
                volume 
 
                 *    Price 
 ---  --------------------------------  ---------------------------------------- 
  e)   Date of the transaction           2018-04-25 
 ---  --------------------------------  ---------------------------------------- 
  f)   Place of the                      Outside a trading venue 
        transaction 
 ---  --------------------------------  ---------------------------------------- 
 
 
  1     Details of the person discharging managerial 
         responsibilities / person closely associated 
 ---  -------------------------------------------------------------------------- 
  a)   Name                              Trevor Mitchell 
 ---  --------------------------------  ---------------------------------------- 
  2    Reason for the notification 
 ---  -------------------------------------------------------------------------- 
  a)   Position/status                   Group Finance Director and Executive 
                                          Director (PDMR). 
 ---  --------------------------------  ---------------------------------------- 
  b)   Initial notification/Amendment    Initial notification 
 ---  --------------------------------  ---------------------------------------- 
  3     Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
 ---  -------------------------------------------------------------------------- 
  a)   Name                              TClarke plc 
 ---  --------------------------------  ---------------------------------------- 
  b)   LEI                               213800OIP8MU517BK123 
 ---  --------------------------------  ---------------------------------------- 
  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 10 pence each 
        the financial 
        instrument, type 
        of instrument                            GB0002015021 
 
        Identification 
        code 
 ---  --------------------------------  ---------------------------------------- 
  b)   Nature of the                     Grant of a conditional share 
        transaction                       award under the Equity Incentive 
                                          Plan 
 ---  --------------------------------  ---------------------------------------- 
  c)   Price(s) and                      Price(s)    Volume(s) 
        volume(s)                        ----------  ---------- 
                                          Nil         135,078 
                                         ----------  ---------- 
 ---  --------------------------------  ---------------------------------------- 
 
  d)            Aggregated information    N/A (single transaction) 
 
                - Aggregated 
                volume 
 
                 *    Price 
 ---  --------------------------------  ---------------------------------------- 
  e)   Date of the transaction           2018-04-25 
 ---  --------------------------------  ---------------------------------------- 
  f)   Place of the                      Outside a trading venue 
        transaction 
 ---  --------------------------------  ---------------------------------------- 
 
 
 For further information contact: 
 TClarke plc 
 Mark Lawrence - Group Chief Executive 
 Trevor Mitchell - Finance Director 
 David Lanchester - Company Secretary 
 Tel: 020 7997 7400 
 www.tclarke.co.uk 
 
 N+1 Singer (Financial Adviser and Broker) 
 Sandy Fraser 
 Rachel Hayes 
 Tel: 020 7496 3000 
 www.nplus1singer.com 
 
 RMS Partners 
 Simon Courtenay 
 Tel: 020 3735 6551 
 

26(th) April 2018

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHXQLFLVZFXBBF

(END) Dow Jones Newswires

April 26, 2018 09:33 ET (13:33 GMT)

1 Year Tclarke Chart

1 Year Tclarke Chart

1 Month Tclarke Chart

1 Month Tclarke Chart

Your Recent History

Delayed Upgrade Clock