Genus PLC Director/PDMR Shareholding (3594X)

TIDMGNS

RNS Number : 3594X

Genus PLC

23 November 2017

Genus plc

Director/PDMR Shareholding

Genus plc (LSE: GNS) announces that, further to the vesting of conditional nil-cost options on 20 November 2017 under the Genus 2014 Performance Share Plan (the 'PSP') as listed in table A below, a member of the Genus Executive Leadership Team ('GELT') sold ordinary shares in Genus on 22 November 2017 on the London Stock Exchange to offset income tax and social security liabilities due on the exercise and retained the balance of ordinary shares.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of nil-cost options exercised and ordinary shares sold on 22 November 2017.

For further information please contact:

Genus:

Cara Crichton, Deputy Company Secretary Tel: +44 (0)1256 347100

Table A - GELT 2014 Performance Share Plan Exercise

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
===  ============================================================================ 
 a.   Name                            Jerry Thompson 
===  ==============================  ============================================ 
 2.   Reason for the notification 
===  ============================================================================ 
 a.   Position/status                 Chief Operating Officer Genus ABS 
                                       Beef 
===  ==============================  ============================================ 
 b.   Initial notification            Initial notification 
       /Amendment 
===  ==============================  ============================================ 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
===  ============================================================================ 
 a.   Name                            Genus plc 
===  ==============================  ============================================ 
 b.   LEI                             54930022EOITNKSIGH56 
===  ==============================  ============================================ 
 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                     Ordinary shares of 10p each 
       of the 
       Financial 
       instrument,                     GB0002074580 
       type of instrument 
       Identification 
       code 
===  ==============================  ============================================ 
 b.   Nature of                       Exercise of 19,503 nil-cost options 
       the transaction                 under the PSP. 
===  ==============================  ============================================ 
 c.   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         0p         19,503 
                                        ---------  ---------- 
===  ==============================  ============================================ 
 d.        Aggregated 
            information                             Average     Total volume(s) 
             *    Aggregated volume                  price(s) 
                                                   ----------  ---------------- 
                                                    0p          19,503 
             *    Price                            ----------  ---------------- 
===  ==============================  ============================================ 
 e.   Date of the                     2017-11-22 
       transaction 
===  ==============================  ============================================ 
 f.   Place of the                    London Stock Exchange, Main Market 
       transaction                     (XLON) 
===  ==============================  ============================================ 
 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                       Ordinary shares of 10p each 
       of the 
       Financial 
       instrument,                       GB0002074580 
       type of instrument 
       Identification 
       code 
===  ================================  ========================================== 
 b.   Nature of                       Sale of 6,847 shares arising from 
       the transaction                 the exercise of nil-cost options 
                                       under the PSP to offset income tax 
                                       and social security liabilities due 
                                       on the exercise. The balance of 12,656 
                                       shares following the exercise has 
                                       been retained by Jerry Thompson. 
===  ==============================  ============================================ 
 c.   Price(s) and                      Price(s)    Volume(s) 
       volume(s)                        ----------  ---------- 
                                         2,185.64p   6,847 
                                        ----------  ---------- 
===  ==============================  ============================================ 
 d.        Aggregated                   Aggregated   Total volume(s) 
            information                   price(s) 
             *    Aggregated volume     -----------  ---------------- 
                                         2,185.64p    6,847 
                                        -----------  ---------------- 
             *    Price 
===  ==============================  ============================================ 
 e.   Date of the                     2017-11-22 
       transaction 
===  ==============================  ============================================ 
 f.   Place of the                    London Stock Exchange, Main Market 
       transaction                     (XLON) 
===  ==============================  ============================================

This information is provided by RNS

The company news service from the London Stock Exchange

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