Workspace Group PLC Director/PDMR Shareholding (5414T)

TIDMWKP

RNS Number : 5414T

Workspace Group PLC

21 July 2020

21 July 2020

WORKSPACE(R) GROUP PLC

DIRECTOR/PDMR SHAREHOLDING

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them

Workspace Group PLC (the " Company ") announces that, on 20 July 2020, it was notified that Graham Clemett (a person discharging managerial responsibility for the Company) had disposed of a number of ordinary shares of GBP1.00 each in the capital of the Company (" Ordinary Shares ") in order to satisfy income tax and national insurance liabilities (and associated costs) arising on the vesting of awards under the Workspace Group PLC Long Term Incentive Plan. An announcement detailing the vesting of awards granted under the Workspace Group PLC Long Term Incentive Plan was released on 20 July 2020.

Following the vesting and subsequent sale of sufficient Ordinary Shares to satisfy income tax and national insurance liabilities (and associated costs), Mr Clemett is required to retain the balance of 30,165 Ordinary Shares for two years from 20 July 2020.

 
 1.   Details of PDMR/person closely associated with them ('PCA') 
 a)   Name                                    Graham Clemett 
===  =======================================  =============================== 
 2.   Reason for the notification 
===  ======================================================================== 
 a)   Position/status                         Chief Executive Officer 
===  =======================================  =============================== 
 b)   Initial notification/                    Initial notification 
       amendment 
===  =======================================  =============================== 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
===  ======================================================================== 
 a)   Name                                     Workspace Group PLC 
===  =======================================  =============================== 
 b)   LEI                                      2138003GUZRFIN3UT430 
===  =======================================  =============================== 
 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 transaction(s) 
       has been conducted 
===  ======================================================================== 
 a)   Description         Ordinary Shares of 100p ISIN GB00B67G5X01 
       of the financial 
       instrument 
===  ==================  ==================================================== 
 b)   Nature of           Vesting of an award over Ordinary Shares pursuant 
       the transaction     to the Workspace Group PLC Long Term Incentive 
                           Plan 
===  ==================  ==================================================== 
 c)   Price(s)                       Price(s)   Volume(s) 
       and volume(s)             1.   584.51p    27,293 
                                     ---------  ---------- 
===  ==================  ==================================================== 
 d)   Aggregated          N/A 
       information 
===  ==================  ==================================================== 
 e)   Date of             20 July 2020 
       the transaction 
===  ==================  ==================================================== 
 f)   Place of           London Stock Exchange, Main Market ( XLON) 
       the transaction 
     ==================  ==================================================== 
 
 

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July 21, 2020 02:00 ET (06:00 GMT)