Wincanton PLC Director/PDMR Shareholding (8925X)

TIDMWIN

RNS Number : 8925X

Wincanton PLC

15 August 2018

Wincanton plc

('Wincanton' or the 'Group')

Notification of transaction by Persons Discharging Managerial Responsibilities ("PDMR")

Wincanton announces that it has received due notice of exercise in respect of options granted to Mr Adrian Colman, Chief Executive Officer of the Group, under the Group's 2015 Long-term Incentive Plan ("LTIP").

A notice was received in respect of 214,772 Ordinary Shares of 10p each ("Ordinary Shares") at nil cost per option. Using net settlement, this has resulted in the transfer of 113,829 Ordinary Shares to Adrian Colman.

Following the transfer, the total beneficial interest of the PDMR and his connected persons in the issued share capital of the Group has increased by the 113,829 Ordinary Shares above, from the existing shareholding of 1,066,179 Ordinary Shares to a total holding of 1,180,008 Ordinary Shares. This represents 0.95% of the Group's total issued share capital.

 
                             Exercise Price   Number of  Number of           Number of shares receivable 
                              of options       options    options exercised   after deduction of Income 
                              awarded          awarded                        Tax and National Insurance 
Adrian Colman 
 (Chief Executive Officer)   Nil              214,772    214,772             113,829

The Notification of Dealing Forms for the PDMR can be found below. The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)   Name                                  ADRIAN COLMAN 
 2      Reason for the notification 
 a)   Position/status                       CHIEF EXECUTIVE OFFICER          DIRECTOR 
                                              / PDMR 
 b)   Initial notification/Amendment   INITIAL NOTIFICATION 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
 a)   Name                             WINCANTON PLC 
 b)   LEI                              213800Z5WTW8QKOHWQ82 
 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               ORDINARY SHARES OF 10p EACH IN WINCANTON PLC 
       financial instrument, 
       type of instrument 
 
                                        ISIN: GB0030329360 
       Identification code 
 b)   Nature of the transaction        EXERCISE OF OPTIONS OVER 214,772 ORDINARY 
                                        SHARES AT NIL COST OF OPTION. THE OPTIONS 
                                        HAVE BEEN EXERCISED BY NET SETTLEMENT, USING 
                                        THE CLOSING PRICE ON 10 AUGUST 2018 OF GBP2.6950. 
      Price(s) and volume(s)             Price(s)    Volume(s) 
                                          GBPNIL      113,829 
 d)   Aggregated information 
 
              *    Aggregate volume     TOTAL NUMBER OF SHARES TRANSFERRED: 113,829 
 
                                        TOTAL CONSIDERATION OF THE SHARES TRANSFERRED: 
                                        GBPNIL 
              *    Price 
 e)   Date of the transaction          10 AUGUST 2018 
 f)   Place of the transaction         London Stock Exchange, Main Market

-Ends-

For further information please contact:

Wincanton plc Tel: 01249 710 000

Adrian Colman, Chief Executive Officer

Tim Lawlor, Chief Financial Officer

Buchanan Tel: 020 7466 5000

Richard Oldworth / Chris Lane / Maddie Seacombe

Notes to Editors

Wincanton plc

Wincanton is the largest British logistics firm, providing supply chain solutions to some of the world's most admired brands across a wide range of industries including retail, construction, defence and energy.

As a trusted and respected business partner, we design and implement services and solutions that range from setting up and operating distribution networks through to bonded warehouses, technology hosting, container transport and storage. We strive for operational excellence in everything we do.

We work hard to understand and respond to our customers' needs, build long term relationships and use our skills and expertise to deliver a smarter, added value service, every day. Our customers rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

Improved stock visibility and availability, reduction of lead times, collaborative warehousing and transport models, and an absolute commitment to continuous improvement, are just some of the reasons why many of our customer relationships extend to more than 20 years.

Key facts:

   --      Annual revenue in the UK & Ireland exceeds GBP1.1 billion 
   --      Over 17,700 colleagues including 4,000+ drivers

-- Operates from 200+ locations with 7.6 million square feet of warehousing across the UK and Ireland

   --      Operating responsibility for around 3,600 vehicles

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 15, 2018 06:12 ET (10:12 GMT)

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