TIDMGOCO

RNS Number : 1057W

Gocompare.com Group plc

12 April 2019

Gocompare.com Group plc

12 April 2019

Notification of Transactions of Directors and

Persons Discharging Managerial Responsibility (PDMR)

Awards Vesting under the Deferred Bonus Plan

The information contained in this notification is disclosed in accordance with the requirements of the EU Market Abuse Regulation.

GoCompare.com Group plc (the "Company") announces that on 11 April 2019 the following transactions were undertaken by the Directors over the number of ordinary shares in the Company, as a result of awards vesting under the Deferred Bonus Plan ("DBP"). Awards granted under the DBP vest in three tranches on the anniversary of the award over three consecutive years. All of the shares vesting relate to the first tranche of the award granted on 11 April 2018.

In accordance with the rules of the 2016 Deferred Bonus Plan, as part of the vesting additional shares have been added to each award, equivalent to the dividends payable during the vesting period. Further, certain of the Ordinary Shares, resulting from the vesting, were sold for GBP0.783 each.

 
 Director            Number of shares   Number of shares   Number of shares 
                      exercised          sold (1)           retained 
 Matthew Crummack              23,962             11,302             12,660 
                    -----------------  -----------------  ----------------- 
 Nick Wrighton                 11,682               5529              6,153 
                    -----------------  -----------------  ----------------- 
 

(1) Both directors sold a sufficient number of shares to meet income tax and National Insurance liabilities retaining the balance.

2018 Deferred Bonus Plan

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                Matthew Crummack 
      ---------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------- 
 a)    Position/status                    Chief Executive Officer 
      ---------------------------------  ---------------------------------------------- 
 b)    Initial notification               Initial Notification 
        /Amendment 
      ---------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                               Gocompare.com Group plc 
      ---------------------------------  ---------------------------------------------- 
 b)    LEI                                213800DUUN4C47JEL561 
      ---------------------------------  ---------------------------------------------- 
 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                 Gocompare.com Group plc Ordinary shares 
        financial instrument,              of GBP0.0002 each 
        type of instrument 
 
       Identification code                ISIN: GB00BZ02Q916 
 
 b)    Nature of the transaction          1. Award of 354 dividend equivalent 
                                           shares 
                                           2. Acquisition of 23,962 shares on 
                                           vesting of an award under the Deferred 
                                           Bonus Plan 
                                           3. Sale of 11,302 Ordinary shares 
                                           of GBP0.0002 
      ---------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ----------------------  -------------- 
                                                                        Volume(s) 
                                                  Price(s) per 
                                                  share 
                                               ----------------------  -------------- 
                                          1.    n/a                     354 
                                               ----------------------  -------------- 
                                          2.    n/a                     23,962 
 --------------------------------------  ----  ----------------------  -------------- 
                                          3.    GBP0.783                11,302 
 --------------------------------------  ----  ----------------------  -------------- 
 
 d)    Aggregated information 
  - Aggregated volume 
  - Price                                  n/a 
 e)    Date of the transaction            11 April 2019 
 f)    Place of the transaction           1. Outside a trading venue 
                                           2. XLON 
                                           3. XLON 
      ---------------------------------  ---------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                Nicholas Wrighton 
      ---------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------- 
 a)    Position/status                    Chief Financial Officer 
      ---------------------------------  ---------------------------------------------- 
 b)    Initial notification               Initial Notification 
        /Amendment 
      ---------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                               Gocompare.com Group plc 
      ---------------------------------  ---------------------------------------------- 
 b)    LEI                                213800DUUN4C47JEL561 
      ---------------------------------  ---------------------------------------------- 
 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                 Gocompare.com Group plc Ordinary shares 
        financial instrument,              of GBP0.0002 each 
        type of instrument 
 
       Identification code                ISIN: GB00BZ02Q916 
 
 b)    Nature of the transaction          1. Award of 173 dividend equivalent 
                                           shares 
                                           2. Acquisition of 11,682 shares on 
                                           vesting of an award under the Deferred 
                                           Bonus Plan 
                                           3. Sale of 5,529 Ordinary shares of 
                                           GBP0.0002 
      ---------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ----------------------  -------------- 
                                                                        Volume(s) 
                                                  Price(s) per 
                                                  share 
                                               ----------------------  -------------- 
                                          1.    n/a                     173 
                                               ----------------------  -------------- 
                                          2.    n/a                     11,682 
 --------------------------------------  ----  ----------------------  -------------- 
                                          3.    GBP0.783                5,529 
 --------------------------------------  ----  ----------------------  -------------- 
 
 d)    Aggregated information 
  - Aggregated volume 
  - Price                                 n/a 
 e)    Date of the transaction            11 April 2019 
 f)    Place of the transaction           1. Outside a trading venue 
                                           2. XLON 
                                           3. XLON 
      ---------------------------------  ---------------------------------------------- 
 
 
Enquiries: 
Gocompare.com Group plc 
Nick Edwards, General Counsel and Company Secretary 
Tel: 01633 654 060 
 

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

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