Future PLC Director/PDMR Shareholding (0848Q)
November 24 2016 - 6:19AM
UK Regulatory
TIDMFUTR
RNS Number : 0848Q
Future PLC
24 November 2016
Future plc
24 November 2016
Notification and public disclosure of transactions by persons
discharging managerial responsibilities
The attached individual notifications made under article 19.1 of
the Market Abuse Regulation ("MAR") relate to the grant of awards
under the terms of the Future plc Performance Share Plan ("PSP") to
a person discharging managerial responsibilities ("PDMR"). This
announcement is made in accordance with article 19.3 of MAR.
The PSP Award will vest three years from the date of grant, at
no cost to the participant, in accordance with the rules of the PSP
subject to the PSP scheme rules and performance targets having been
met. Vesting of the PSP Award is subject to both profit (EBITDAE)
and share price performance conditions. The number of Shares shown
below represents the maximum if all the performance conditions are
achieved in full.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Zillah Byng-Thorne
--- ------------------------ ---------------------------------
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 Future plc
--- ------------------------ ---------------------------------
b) LEI n/a
--- ------------------------ ---------------------------------
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 Ordinary shares of 1p each
instrument, type
of instrument GB0007239980
Identification
code
--- ------------------------ ---------------------------------
b) Nature of the Issuance of share awards under
transaction the PSP. Subject to performance
conditions, the award will vest
on 23 November 2019.
--- ------------------------ ---------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil 7,945,516
---------- ----------
--- ------------------------ ---------------------------------
d) Aggregated information
- Aggregated 7,945,516
volume
Nil
- Price
--- ------------------------ ---------------------------------
e) Date of the transaction 23 November 2016
--- ------------------------ ---------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
--- ------------------------ ---------------------------------
Penny Ladkin-Brand
Chief Financial Officer
(Responsible for releasing this announcement)
24 November 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 24, 2016 06:19 ET (11:19 GMT)