Charles Taylor plc (the Company)
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Christian
Schirmer |
2 |
Reason for the notification |
a) |
Position/status |
Chief Executive
Officer, Charles Taylor Managing Agency and member of the Company’s
Executive Committee (PDMR). |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Maturity of nil cost
share award under The Charles Taylor Retention Share Award
Plan |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
N/A |
27,165 |
|
d) |
Aggregated information
-Aggregated volume |
N/A (single transaction) |
e) |
Date of the
transaction |
2016-11-23 |
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
a) |
Name |
Christian
Schirmer |
2 |
Reason for the notification |
a) |
Position/status |
Chief Executive
Officer, Charles Taylor Managing Agency and member of the Company’s
Executive Committee (PDMR). |
b) |
Initial
notification/Amendment |
Initial
notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Charles Taylor
plc |
b) |
LEI |
2138009V1NHVCXIQ6V62 |
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 1 pence each
GB0001883718
|
b) |
Nature of the
transaction |
Sale of shares to
cover tax liability on the maturity of a nil cost share award under
The Charles Taylor Retention Share Award Plan |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
£2.57 |
12,794 |
|
d) |
Aggregated information
-Aggregated volume |
N/A (single transaction) |
e) |
Date of the
transaction |
2016-11-23 |
f) |
Place of the
transaction |
London Stock Exchange,
Main Market (XLON) |
For further information please contact:
Ivan Keane – Group Company Secretary and General Counsel – 020
3320 2206
David Lanchester – Deputy Group Company Secretary – 020 3320
8829
Charles Taylor plc
24 November 2016
Notes to editors
About Charles Taylor
Charles Taylor plc is a leading provider of professional
services to clients across the global insurance market. The Group
has been providing services since 1884 and today employs around
1,700 staff in 71 offices spread across 28 countries in the UK, the
Americas, Asia Pacific, Europe, the Middle East and Africa.
The Group offers services, principally on a fee-based model and
operates through three businesses – Management, Adjusting and
Insurance Support Services. Charles Taylor also owns life insurers,
creating value through select acquisitions and operational
efficiency.
Further information is available at http://www.ctplc.com/.