Wincanton Plc Director/PDMR Shareholding

 
TIDMWIN 
 
Wincanton plc (the `Company') 
 
In fulfilment of an obligation imposed by DTR 3.1, the Company announces the 
following details relating to awards made under the terms of the Wincanton plc 
2011 Special Option Plan (`SOP'). 
 
1. Date of grant: 
 
17 DECEMBER 2014 
 
2. Period during which the option award is exercisable, assuming that the 
performance conditions are achieved: 
 
17 DECEMBER 2017 to 17 DECEMBER 2024 
 
3. Total amount paid (if any) for award: 
 
NIL 
 
4. Description of shares involved: 
 
The grants were made over Ordinary shares of 10 pence each in the Company. 
 
Name of Director / PDMR   Position      No. of Shares 
 
MARTIN PALMER               PDMR          93,361 
 
5. Exercise price: 
 
GBP1.6067 
 
6. Total number of shares over which awards held, under the terms of the SOP 
following this notification: 
 
Name of Director / PDMR       Position       No. of Shares 
 
MARTIN PALMER                    PDMR        93,361 
 
7. Any additional information: 
 
It is anticipated that future exercises will be settled using both shares held 
in the Employee Share Trust and new issue shares. 
 
Under the SOP, the vesting of options is subject to a performance requirement 
based on average absolute total shareholder return growth over a three-year 
vesting period (the option starting to vest above 10% per annum i.e. 0% at 10%, 
with 100% of the option vesting for 22% per annum). In addition, the Company's 
Earning per Share must not reduce over the three-year vesting period for 
options to be capable of vesting. 
 
The exercise price and size of award are calculated with reference to the 
average share price for the 3 days immediately prior to the date of grant. 
 
8. Name of authorised company official responsible for making this 
notification: 
 
Alison Dowling, Company Secretary - 01249 710 000 
 
9. Date of Notification: 
 
19 December 2014 
 
 
 
END