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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