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YNGA Young & Co's Brewery Plc

978.00
-8.00 (-0.81%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Young & Co's Brewery Plc LSE:YNGA London Ordinary Share GB00B2NDK765 A' ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -8.00 -0.81% 978.00 968.00 996.00 996.00 966.00 996.00 197,857 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Eating Places 368.9M 29.7M 0.5078 12.01 356.76M

Young & Co's Brew. Director/PDMR Shareholding

04/06/2019 11:59am

UK Regulatory


Young & Co's Brewery (LSE:YNGA)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Young & Co
 
TIDMYNGA 
 
 

Young & Co.'s Brewery, P.L.C. (the "Company")

 

PDMR Notifications

 

Circumstances giving rise to the notifications

 

Today, 4 June 2019, the Company's remuneration committee (the "committee") determined the form in which bonuses would be provided to the executive directors in respect of the Company's financial period ended 1 April 2019.

 

It was previously agreed with each director that if any bonus were to be paid, half of it would be settled in shares, with the other half being paid in cash except to the extent that the director elected to receive all or part of it in shares instead. For every share taken in place of cash, the director would be allowed to subscribe at nominal value for one "matching" share. This was all subject to the right of the committee to determine, at its sole and absolute discretion, the form in which any bonus would be provided, whether by issue or transfer of shares and/or payment of cash.

 

As a result of the committee's determination and the elections made, the following bonuses have now been awarded and provided in the following form:

 
Name             Bonus     Settled in shares  Total shares      Settled 
                                              allotted          in cash 
                                              ("matching 
                                              shares" element) 
Patrick Dardis   GBP382,500  100%               32,506 (10,835)   100% 
Torquil          GBP112,462  100%               9,556 (3,185)     100% 
Sligo-Young 
Tracy Dodd       GBP137,733  60%                5,462 (780)       40% 
 
 

None of the directors are generally free to sell any of the shares before the end of a restricted period, which, ordinarily, will end three years after the shares have been allotted or, if earlier, the date on which his or her employment terminates by reason of retirement, illness, disability or redundancy.

 

The "matching" shares are subject to satisfaction of a further condition relating to the extent to which the group's adjusted earnings per ordinary share in respect of the group's continuing operations for the financial period ending on or around 31 March 2022 exceeds the same measure for the financial period ended 2 April 2018.

 

In certain circumstances, the shares acquired have to be transferred to the Company or to an employee benefit trust designated by the Company - this would be at a pre-agreed price or, in the case of "matching shares", for no consideration.

 

The number of shares allotted to each director in order to fulfil his / her entitlement was calculated with reference to the market price of the Company's A ordinary shares of 12.5p each as shown in today's Financial Times (on-line version), being 1765p.

 

A block admission arrangement is in place for the shares allotted.

 

PDMR notifications

 

The Company today received the following notifications:

 

From Patrick Dardis:

 
1    Details of the person discharging managerial responsibilities /  person closely associated 
a)   Name                                                         Patrick Anthony Dardis 
2    Reason for the notification 
a)   Position/status                                              Chief Executive Officer 
b)   Initial notification / Amendment                             Initial notification 
3    Details of the issuer, emission allowance market participant,  auction platform, auctioneer or auction monitor 
a)   Name                                                         Young & Co.'s Brewery, P.L.C. 
b)   LEI                                                          213800JMZDORXCMKFW06 
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 financial instrument, type of instrument  A Ordinary shares of 12.5p each in the issuer's capital 
 
     Identification code 
 
                                                                  GB00B2NDK765 
b)   Nature of the transaction                                    Allotment of shares in connection with a deferred annual bonus award 
c)   Price(s) and volume(s)                                       Price(s) 
                                                                  Volume(s) 
 
                                                                  1765p 
                                                                  21,671 
d)   Aggregated information 
     - Aggregated volume                                          21,671 
     - Price                                                      1765p 
e)   Date of the transaction                                      2019-06-04; 08.05 GMT 
f)   Place of the transaction                                     Outside a trading venue 
5    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 financial instrument, type of instrument  A Ordinary shares of 12.5p each in the issuer's capital 
 
     Identification code 
 
                                                                  GB00B2NDK765 
b)   Nature of the transaction                                    Subscription for, and allotment of, 'matching' shares (at nominal  value) pursuant to the terms of a deferred annual bonus award 
c)   Price(s) and volume(s)                                       Price(s)       Volume(s) 
 
                                                                  12.5p                10,835 
 
d)   Aggregated information 
     - Aggregated volume                                          10,835 
     - Price                                                      12.5p 
e)   Date of the transaction                                      2019-06-04; 08.05 GMT 
f)   Place of the transaction                                     Outside a trading venue 
 
 

From Torquil Sligo-Young:

 
1   Details of the person discharging managerial responsibilities /  person closely associated 
a)  Name                                                        Torquil Charles fflorance Barrow Sligo-Young 
2   Reason for the notification 
a)  Position/status                                             Information Resources Director 
b)  Initial notification / Amendment                            Initial notification 
3   Details of the issuer, emission allowance market participant,  auction platform, auctioneer or auction monitor 
a)  Name                                                        Young & Co.'s Brewery, P.L.C. 
b)  LEI                                                         213800JMZDORXCMKFW06 
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 financial instrument, type of instrument A Ordinary shares of 12.5p each in the issuer's capital 
 
    Identification code 
 
                                                                GB00B2NDK765 
b)  Nature of the transaction                                   Allotment of shares in connection with a deferred annual bonus award 
c)  Price(s) and volume(s)                                      Price(s) 
                                                                Volume(s) 
 
                                                                1765p 
                                                                6,371 
d)  Aggregated information 
    - Aggregated volume                                         6,371 
    - Price                                                     1765p 
e)  Date of the transaction                                     2019-06-04; 08.05 GMT 
f)  Place of the transaction                                    Outside a trading venue 
5   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 financial instrument, type of instrument A Ordinary shares of 12.5p each in the issuer's capital 
 
    Identification code 
 
                                                                GB00B2NDK765 
b)  Nature of the transaction                                   Subscription for, and allotment of, 'matching' shares (at nominal  value) pursuant to the terms of a deferred annual bonus award 
c)  Price(s) and volume(s)                                      Price(s) 
                                                                Volume(s) 
 
                                                                12.5p 
                                                                3,185 
d)  Aggregated information 
    - Aggregated volume                                         3,185 
    - Price                                                     12.5p 
e)  Date of the transaction                                     2019-06-04; 08.05 GMT 
f)  Place of the transaction                                    Outside a trading venue 
 
 

From Tracy Dodd:

 
1   Details of the person discharging managerial responsibilities /  person closely associated 
a)  Name                                                        Tracy Janice Dodd 
2   Reason for the notification 
a)  Position/status                                             People Director 
b)  Initial notification / Amendment                            Initial notification 
3   Details of the issuer, emission allowance market participant,  auction platform, auctioneer or auction monitor 
a)  Name                                                        Young & Co.'s Brewery, P.L.C. 
b)  LEI                                                         213800JMZDORXCMKFW06 
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 financial instrument, type of instrument A Ordinary shares of 12.5p each in the issuer's capital 
 
    Identification code 
 
                                                                GB00B2NDK765 
b)  Nature of the transaction                                   Allotment of shares in connection with a deferred annual bonus award 
c)  Price(s) and volume(s)                                      Price(s) 
                                                                Volume(s) 
 
                                                                1765p 
                                                                4,682 
d)  Aggregated information 
    - Aggregated volume                                         4,682 
    - Price                                                     1765p 
e)  Date of the transaction                                     2019-06-04; 08.05 GMT 
f)  Place of the transaction                                    Outside a trading venue 
5   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 financial instrument, type of instrument A Ordinary shares of 12.5p each in the issuer's capital 
 
    Identification code 
 
                                                                GB00B2NDK765 
b)  Nature of the transaction                                   Subscription for, and allotment of, 'matching' shares (at nominal  value) pursuant to the terms of a deferred annual bonus award 
c)  Price(s) and volume(s)                                      Price(s) 
                                                                Volume(s) 
 
                                                                12.5p 
                                                                780 
d)  Aggregated information 
    - Aggregated volume                                         780 
    - Price                                                     12.5p 
e)  Date of the transaction                                     2019-06-04; 08.05 GMT 
f)  Place of the transaction                                    Outside a trading venue 
 
 

Krishan PanditAssistant Company SecretaryTuesday, 4 June 2019Tel: 020 8875 7000

 
 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20190604005476/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

June 04, 2019 06:59 ET (10:59 GMT)

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