BBA Aviation PLC Director/PDMR Shareholding (6091H)
March 13 2018 - 12:00PM
UK Regulatory
TIDMBBA
RNS Number : 6091H
BBA Aviation PLC
13 March 2018
13 March 2018
Director / PDMR Shareholding
The following announcement and notification is made in
accordance with Article 19 of the EU Market Abuse Regulation.
Deferred Stock Plan
On 13 March 2018, David Crook (Group Finance Director), was
granted a conditional share award over 71,433 BBA Aviation plc
ordinary shares of 29(16/21) pence under the terms of the Company's
Deferred Stock Plan.
The conditional share award is subject to full or partial
forfeiture if the director leaves within three years of the
award.
Long-Term Incentive Plan
On 13 March 2018, David Crook (Group Finance Director), was
granted a conditional share award over 166,125 BBA Aviation plc
ordinary shares of 29(16/21) pence each under the terms of the
Company's Long-Term Incentive Plan.
The conditional share award is subject to the achievement of
performance conditions and if it vests will be released at nil cost
in accordance with the Plan Rules. The award is also subject to an
additional holding period of 2 years from the date on which the
award vests.
The form required under the EU Market Abuse Regulation
follows.
1 Details of the person discharging managerial
responsibilities/person closely associated
--- ----------------------------------------------------------------
a) Name David Crook
--- ------------------------ --------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------
a) Position/status Group Finance Director
--- ------------------------ --------------------------------------
b) Initial Notification Initial notification
/ Amendment
--- ------------------------ --------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------
a) Name BBA Aviation plc
--- ------------------------ --------------------------------------
b) LEI 2138001T2QEV5RXMFI32
--- ------------------------ --------------------------------------
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 Conditional awards over Ordinary
of the financial Shares
instrument, ISIN: GB00B1FP8915
type of instrument
and Identification
code
--- ------------------------ --------------------------------------
b) Nature of transaction Conditional share awards made
under the Company's Deferred
Stock Plan and Long-Term Incentive
Plan
--- ------------------------ --------------------------------------
c) Price(s) and Award over 71,433 conditional
volume(s) shares under the Deferred Stock
Plan
--- ------------------------
Award over 166,125 conditional
shares under the Long-Term Incentive
Plan
--- ------------------------ --------------------------------------
d) Aggregated information:
Volume, Price
--- ------------------------ --------------------------------------
e) Date of the 13 March 2018
transaction
--- ------------------------ --------------------------------------
f) Place of the Grant of share awards occurred
transaction outside a trading venue
--- ------------------------ --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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