RNS Number : 8373H
Shaftesbury Capital PLC
21 March 2024
 

SHAFTESBURY CAPITAL PLC (THE "COMPANY")

  

DIRECTOR / PDMR AWARDS

 

Shaftesbury Capital PLC announces that annual Performance Share Plan ("PSP") awards were granted to participants, including Executive Directors, on 20 March 2024, based on a market value of 132.9 pence per share. The following awards of nil cost options were made to Executive Directors:

 

1)  ANNUAL PSP AWARDS - SUBJECT TO CORPORATE PERFORMANCE CONDITIONS

 


Gross number of nil cost options1:

Exercisable from:

Ian Hawksworth

1,686,230

20 March 2027

Situl Jobanputra

1,209,932

20 March 2027

 

The future vesting of the PSP awards is subject to the relative total accounting return and total shareholder return performance conditions and other terms set out in the Company's 2023 Annual Report. The performance period for the awards is 1 January 2024 to 31 December 2026.

 

2)  DEFERRED 2023 BONUS

 


Gross number of nil cost options1:

Exercisable from:

Ian Hawksworth

270,033

20 March 2027

Situl Jobanputra

196,613

20 March 2027

 

1 Shares would be subject to income tax and national insurance contributions on vesting.

 

These awards represent the deferred element of the annual bonus awarded in respect of 2023 reported within the Company's 2023 Annual Report. The awards are subject to the terms set out in the Company's 2023 Annual Report.

 

 

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

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Ian Hawksworth

2

Reason for the notification

a)

Position/status:

Chief Executive

b)

Initial notification /Amendment:

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Shaftesbury Capital PLC

b)

LEI

549300TTXXZ1SHUI0D54

 

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

 

Identification code

Ordinary shares of 25p each

 

 

 

GB00B62G9D36

 

b)

Nature of the transaction

Award of nil cost options pursuant to the Company's Performance Share Plan 2017

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Nil Cost

Nil Cost

Volume(s)

1,686,230

270,033

e)

Aggregated information

- Aggregated volume

- Price

 

1,956,263

Nil Cost

f)

Date of the transaction

2024-03-20

g)

Place of the transaction

Outside a trading venue

 

 

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

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Situl Jobanputra

2

Reason for the notification

a)

Position/status:

Chief Financial Officer

b)

Initial notification /Amendment:

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Shaftesbury Capital PLC

b)

LEI

549300TTXXZ1SHUI0D54

 

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

 

Identification code

Ordinary shares of 25p each

 

 

 

GB00B62G9D36

 

b)

Nature of the transaction

Award of nil cost options pursuant to the Company's Performance Share Plan 2017

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Nil Cost

Nil Cost

Volume(s)

1,209,932

196,613

e)

Aggregated information

- Aggregated volume

- Price

 

1,406,545

Nil Cost

 

f)

Date of the transaction

2024-03-20

g)

Place of the transaction

Outside a trading venue

 

 

This announcement is made in accordance with the requirements of the UK Market Abuse Regulation ("UK MAR") and the Company confirms that the PDMRs' notification obligations under UK MAR have also been satisfied.

 

Name of officer of issuer responsible for making notification: Ruth Pavey

 

Date of Notification: 21 March 2024

 

Ruth Pavey

Company Secretary

 

21 March 2024

 

020 3214 9150

 

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