Vesting of the Share Matching Scheme and PDMR Shareholdings
Vesting of the Share Matching Scheme
As a result of the Vesting, the Participants' interests in jointly held vesting ordinary shares ("Matching Shares") have increased such that the Participants now hold the entire beneficial interest in the Matching Shares (as opposed to just a portion of the beneficial interest) and the Participants now hold the full legal title to those ordinary shares.
The interests in the Matching Shares were transferred to Participants from the Company's employee benefit trust. The number of ordinary shares in issue, not held by the Company in treasury, is unchanged by the Vesting and remains 29,149,464 ordinary shares (which should be used as the denominator for calculations of interests in the Company's voting rights).
PDMR Shareholding
Certain members of EPE (being PDMRs of the Company) have received the entire beneficial interest and legal title to the Matching Shares as part of the Vesting described above. The details of the Matching Shares received by PDMRs are provided below:
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PDMR |
Role |
Number of vesting Matching Shares held |
Number of ordinary shares held pre Vesting |
Number of ordinary shares held post Vesting |
Percentage of total voting rights held post Vesting |
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Managing Partner, Finance Director and Head of Compliance of EPE |
24,884 |
370,417 |
395,301 |
1.4% |
The notification of dealing forms for each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
The person responsible for releasing this information on behalf of the Company is
Enquiries:
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+44 (0) 207 269 8865 |
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+44 (0) 1534 825 323 |
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+44 (0) 207 930 0777 |
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+44 (0) 207 260 1000 |
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Nominated Advisor: |
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Corporate Broker: |
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DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
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2. |
Reason for the notification |
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a) |
Position/status |
Managing Partner, Finance Director and Head of Compliance of EPE |
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b) |
Initial notification/Amendment: |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
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b) |
LEI |
213800BQKN9C23A7LK98 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 5p each.
ISIN: BMG3163K1053
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b) |
Acquisition of interest in shares |
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c) |
Price(s) and volume(s): (Note 1) |
Price(s) |
Volume(s) |
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Interest in 24,884 Ordinary Shares |
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d) |
Aggregated information: Price Volume Interest in 24,884 Ordinary Shares |
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e) |
Date of the transaction |
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f) |
Place of the transaction |
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Note 1: PDMRs acquired an interest in each ordinary share for the price given ("Interest Price"). The Interest Price was calculated in relation to the size of interest purchased (i.e. size of the interest not already held by the PDMR), the Company's closing price on the day prior to the Vesting and the Company's closing price on the day prior to the granting of the share matching award.
This information is provided by RNS, the news service of the