Charles Taylor 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 10 March
2017, the following directors were granted nil cost
performance share awards over ordinary shares of 1p each in the
Company (“Shares”), pursuant to the Charles Taylor Long Term
Incentive Plan 2007 (the “LTIP”) as follows:-
| Director: |
Number of shares: |
|
|
| David Marock |
118,198 |
|
|
| Mark Keogh |
50,955 |
|
|
| Damian Ely |
48,749 |
The number of LTIP Shares which vest will depend upon the extent
to which the performance conditions are met, consistent with the
rules of the LTIP, over the three-year period ending 31 December 2019. Formal notifications below;
| 1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
| a) |
Name |
David Marock |
| 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 |
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 |
Grant of a share award
under the LTIP |
| c) |
Price(s) and
volume(s) |
| Price(s) |
Volume(s) |
| Nil |
118,198 |
|
d) |
Aggregated information
- Aggregated volume |
N/A (single transaction) |
| e) |
Date of the
transaction |
2017-03-10 |
| f) |
Place of the
transaction |
Outside a trading
venue |
| 1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
| a) |
Name |
Mark Keogh |
| 2 |
Reason for the notification |
| a) |
Position/status |
Group Chief Financial
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 |
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 |
Grant of a share award
under the LTIP |
| c) |
Price(s) and
volume(s) |
| Price(s) |
Volume(s) |
| Nil |
50,955 |
|
d) |
Aggregated information
- Aggregated volume |
N/A (single transaction) |
| e) |
Date of the
transaction |
2017-03-10 |
| f) |
Place of the
transaction |
Outside a trading
venue |
| 1 |
Details of the person discharging
managerial responsibilities / person
closely associated |
| a) |
Name |
Damian Ely |
| 2 |
Reason for the notification |
| a) |
Position/status |
Chief Executive
Officer, Adjusting Services 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 |
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 |
Grant of a share award
under the LTIP |
| c) |
Price(s) and
volume(s) |
| Price(s) |
Volume(s) |
| Nil |
48,749 |
|
d) |
Aggregated information
- Aggregated volume |
N/A (single transaction) |
| e) |
Date of the
transaction |
2017-03-10 |
| f) |
Place of the
transaction |
Outside a trading
venue |
For more 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
13 March 2017
Notes to editors
About Charles Taylor
Charles Taylor provides professional services to make the
business of insurance work efficiently. We have been
providing insurance-related professional services since 1884 and
today we employ over 1,800 permanent and contract staff in 71
offices spread across 29 countries in the UK, the Americas, Asia
Pacific, Europe the Middle East and Africa.
The Group operates through three businesses – Management
Services, Adjusting Services and Insurance Support Services.
We also own international life insurers, creating value by
undertaking targeted acquisitions and achieving operational
efficiencies.
Our breadth of services, our technical skills and resources and
our global presence means we can manage and resolve virtually any
insurance-related matter, wherever and whenever it occurs.
Further information is available at www.ctplc.com