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Workspace Group PLC

Director's Dealing Jul 12, 2016

5282_dirs_2016-07-12_d7aab812-a774-4372-bba6-581c0045878b.html

Director's Dealing

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RNS Number : 9875D

Workspace Group PLC

12 July 2016

12 July 2016

Workspace Group PLC

Director/PDMR Shareholding      

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them.

All relevant boxes should be completed in block capital letters.

1.

Details of PDMR/person closely associated with them ('PCA')

a)

Name

1.   Chris Pieroni

2.   Graham Clemett

3.   Jamie Hopkins

b)

Position/status

1.   Operations Director

2.   Chief Financial Officer

3.   Chief Executive Officer

c)

Initial notification/ amendment

Initial notification in each case

2.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Workspace Group PLC

b)

LEI

-

3.

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 transaction(s) has been conducted

a)

Description of the financial  instrument

In each case, options over Ordinary Shares of 100p (the "Options") granted under the group's Save As You Earn ('SAYE') share option scheme.  The Options were granted on 24 July 2015 to participating employees to buy shares in the Company at an option price of £7.27.  The award was made under the regular SAYE share option scheme.  Each of Messrs Pieroni, Clemett and Hopkins were granted the following Options:

1.   Mr Pieroni:       742

2.   Mr Clemett:   1,237

3.   Mr Hopkins:  2,475

b)

Nature of the transaction

Mr Pieroni, Mr Clemett and Mr Hopkins have each cancelled their savings contract in connection with the group's SAYE share option scheme granted on 24 July 2015 and therefore the Options they held have lapsed.

c)

Price(s) and volume(s)

Price(s) Volume(s)
1. N/A 742 Options
2. N/A 1,237 Options
3. N/A 2,475 Options

d)

Aggregated information

N/A

e)

Date of the transaction

11 July 2016  at 11.00 am (GMT) for Mr Pieroni and 12 July 2016  at 14.30 hrs (GMT) for each of Messrs Hopkins and Clemett

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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