Ascential PLC Director/PDMR Shareholding (9135Y)

TIDMASCL

RNS Number : 9135Y

Ascential PLC

08 March 2017

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Grant of Awards under the Company's Performance Share Plan and Deferred Annual Bonus Plan.

On 7 March 2017 the Company's Executive Directors were granted nil cost option awards over ordinary shares of 1p each under the Ascential plc Executive Performance Share Plan (the "PSP") and the Executive Deferred Annual Bonus Plan ("DABP") as noted below:

 
 Executive Director          Number of  Number of shares 
                        shares awarded     awarded under 
                             under PSP              DABP 
--------------------  ----------------  ---------------- 
 Duncan Painter                307,219            19,201 
--------------------  ----------------  ---------------- 
 Mandy Gradden                 184,081            13,099 
--------------------  ----------------  ----------------

PSP awards

Subject to the terms of the PSP, the awards will ordinarily vest and become exercisable from the third anniversary of the grant of the awards subject to the grantee's continued service and to the extent to which adjusted EPS and relative total shareholder return performance criteria are met over the three financial years to 31 December 2019. The shares will also be subject to a further two-year holding period whereby the Executive Directors will be restricted from selling the shares which vest other than to settle any associated tax.

DABP awards

Subject to the terms of the DABP, the awards will ordinarily vest and become exercisable from the third anniversary of the grant of the awards subject to the grantee's continued service.

For further information please contact:

Louise Meads, Company Secretary

020 7516 5000

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Names                     Duncan Painter 
                                 Mandy Gradden 
---  ------------------------  ------------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status           Director 
---  ------------------------  ------------------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                      Ascential plc 
---  ------------------------  ------------------------------------------- 
 b)   LEI                       213800VDXQDA7KD2IQ21 
---  ------------------------  ------------------------------------------- 
 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            Ordinary shares of 1p 
       the financial 
       instrument, type 
       of instrument 
--- 
 
      Identification            BYM8GJ0 
       code 
 
 b)   Nature of the             Grant of nil cost options under 
       transaction               the Company's Performance Share 
                                 Plan ("PSP") and the Executive 
                                 Deferred Annual Bonus Plan ("DABP") 
---  ------------------------  ------------------------------------------- 
 c)   Price(s) and 
       volume(s) 
---                              --------------------  ----------------- 
                                  Duncan Painter: 
---                              --------------------  ----------------- 
                                  Price(s)              Volume(s) 
                                 --------------------  ----------------- 
                                  Nil cost              307,219 ("PSP) 
                                 --------------------  ----------------- 
                                  Nil cost              19,201 ("DABP") 
                                 --------------------  ----------------- 
 
                                    Mandy Gradden: 
                                 --------------------  ----------------- 
                                  Price(s)              Volume(s) 
                                 --------------------  ----------------- 
                                  Nil cost              184,081 ("PSP") 
                                 --------------------  ----------------- 
                                  Nil cost              13,099 ("DABP") 
                                 --------------------  ----------------- 
 
 d)   Aggregated information 
--- 
 
      - Aggregated              Duncan Painter - 326,420 
       volume                    Mandy Gradden - 197,180 
 
      - Price                   Nil cost 
 
 e)   Date of the transaction   7 March 2017 
---  ------------------------  ------------------------------------------- 
 f)   Place of the              London 
       transaction 
---  ------------------------  -------------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEAKDPEAEXEFF

(END) Dow Jones Newswires

March 08, 2017 11:23 ET (16:23 GMT)

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