Clarke(T.) PLC Director/PDMR Shareholding (9977W)
April 24 2019 - 11:10AM
UK Regulatory
TIDMCTO
RNS Number : 9977W
Clarke(T.) PLC
24 April 2019
TClarke plc
("the Company")
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
The Company announces that on 24(th) April 2019, the following
Executive Directors of the Company were granted nil cost
conditional share awards over ordinary shares of 10p each in
Company ("Shares") pursuant to the TClarke plc Equity Incentive
Plan ("the Plan") as follows:
Executive Director: Number of conditional
shares awarded:
Mark Lawrence 119,344
Mike Crowder 101,825
Trevor Mitchell 88,783
No consideration was paid for the grant of the conditional share
awards. The conditional share awards will normally vest on 24(th)
April 2022, being the third anniversary of the date of grant,
subject to continued employment with the Company and satisfaction
of the earnings per share performance condition as set out
below:
Annual growth in EPS above RPI* Proportion of award vesting
Less than 3% Nil
----------------------------------------
3% 25%
----------------------------------------
Between 3% and 10% Between 25% and 100% on a straight-line
basis
----------------------------------------
Above 10% 100%
----------------------------------------
*Base point from which performance is measured is based on
average underlying EPS for the three years ended 31(st) December
2018.
Formal notifications in respect of the conditional share awards to the Executive Directors
are below;
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Lawrence
-------------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Group Chief Executive Officer and Executive
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 TClarke plc
-------------------------------- --------------------------------------------
b) LEI 213800OIP8MU517BK123
-------------------------------- --------------------------------------------
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 10 pence each
financial instrument,
type of instrument
GB0002015021
Identification code
-------------------------------- --------------------------------------------
b) Nature of the transaction Grant of a conditional share award under
the Equity Incentive Plan
-------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 119,344
----------
-------------------------------- --------------------------------------------
d) Aggregated information N/A (single transaction)
- Aggregated volume
* Price
-------------------------------- --------------------------------------------
e) Date of the transaction 2019-04-24
-------------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mike Crowder
-------------------------------- -----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status Group Managing Director and Executive 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 TClarke plc
-------------------------------- -----------------------------------------------
b) LEI 213800OIP8MU517BK123
-------------------------------- -----------------------------------------------
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 10 pence each
financial instrument,
type of instrument
GB0002015021
Identification code
-------------------------------- -----------------------------------------------
b) Nature of the transaction Grant of a conditional share award under
the Equity Incentive Plan
-------------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 101,825
----------
-------------------------------- -----------------------------------------------
d) Aggregated information N/A (single transaction)
- Aggregated volume
* Price
-------------------------------- -----------------------------------------------
e) Date of the transaction 2019-04-24
-------------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Trevor Mitchell
-------------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------
a) Position/status Group Finance Director and Executive 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 TClarke plc
-------------------------------- ----------------------------------------------
b) LEI 213800OIP8MU517BK123
-------------------------------- ----------------------------------------------
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 10 pence each
financial instrument,
type of instrument
GB0002015021
Identification code
-------------------------------- ----------------------------------------------
b) Nature of the transaction Grant of a conditional share award under
the Equity Incentive Plan
-------------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 88,783
----------
-------------------------------- ----------------------------------------------
d) Aggregated information N/A (single transaction)
- Aggregated volume
* Price
-------------------------------- ----------------------------------------------
e) Date of the transaction 2019-04-24
-------------------------------- ----------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ----------------------------------------------
For further information contact:
TClarke plc
Mark Lawrence - Group Chief Executive
Trevor Mitchell - Finance Director
David Lanchester - Company Secretary
Tel: 020 7997 7400
www.tclarke.co.uk
N+1 Singer (Financial Adviser and Broker)
Sandy Fraser
Rachel Hayes
Tel: 020 7496 3000
www.nplus1singer.com
RMS Partners
Simon Courtenay
Tel: 020 3735 6551
24(th) April 2019
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
DSHIIMATMBMTBPL
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