FDM Group (Holdings) PLC

Director's Dealing • Aug 17, 2018

National Storage Mechanism | Additional information

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RNS Number : 2042Y

FDM Group (Holdings) plc

17 August 2018

17 August 2018

FDM GROUP (HOLDINGS) PLC (the "Company")

PDMR Shareholding

FDM Group (Holdings) Plc ("FDM" or the "Company"), an international professional services provider focusing principally on information technology, announces that on 16 August 2018, following the exercise by Jonathan Young, a PDMR of the Company, of options under the FDM Group (Holdings) Plc Company Share Option Plan 2014 ("CSOP") and the FDM Group (Holdings) Plc Performance Share Plan 2014 ("PSP"), a total of 53,116 new ordinary shares of £0.01 pence each in the Company ("Ordinary Shares") have been issued. The issued Ordinary Shares were admitted to the Official List of the UKLA and to trading on the main market of the London Stock Exchange on 1 May 2018.

The options exercised on 16 August 2018 by Jonathan Young consisted of: (1) a tax qualifying CSOP option with an exercise price of £4.57 per share over 6,564 shares; (2) a PSP option with an exercise price of £0.01 per share over  43,436 shares; and (3) a Linked Award with an exercise price of £0.01 per share which is principally a funding award for the CSOP options and was exercisable over 3,116 shares. 

Options were exercised and sold as referred to in the following table. 

Name of PDMR	Aggregate number of shares over which CSOP option, PSP option and Linked Award exercised	Number of shares acquired on exercise of the Linked Award which were sold for £9.63 per share to fund the exercise price of the CSOP option*	Number of additional shares sold for £9.63 per share*
Jonathan Young (PDMR)	53,116	3,116	21,909

*All shares sold were purchased at a price of £9.63 (being the closing mid-market price of an Ordinary Share on the day of the exercise) by an Employee Benefit Trust which has been established by the Company for the purposes of satisfying future requirements under the CSOP, the PSP and/or other employee share schemes which FDM may introduce in the future.

The notifications below, made pursuant to Article 19 of Regulation (EU) No 596/2014 on Market Abuse, provide further information about these transactions.

1

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Jonathan Young

2

Reason for the notification

(a)

Position/Status

PDMR

(b)

Initial notification / Amendment

Initial notification

3

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

(a)

Name

FDM Group (Holdings) plc

(b)

LEI

213800YR62D7GUZLMZ71

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 £0.01 each

ISIN: GB00BLWDVP51

(b)

Nature of the transaction

Exercise of options to acquire ordinary shares of £0.01 each

(c)

Price(s) and volume(s)

(a) Number of Ordinary Shares acquired pursuant to CSOP option	(b) Per share exercise price of CSOP option	(c) Number of Ordinary Shares acquired pursuant to PSP option and Linked Award	(d) Per share exercise price of PSP option and Linked Award
6,564	£4.57	46,552	£0.01

(d)

Aggregated Information

- Aggregated Volume

- Price

Aggregate shares acquired: 53,116

Aggregate price paid: £30,463.00

(e)

Date of the Transaction

16 August 2018

(f)

Place of the Transaction

Outside a trading venue. 

Name of authorised official of issuer responsible for making notification:

Mark Heather, Company Secretary, FDM Group (Holdings) Plc

1

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Jonathan Young

2

Reason for the notification

(a)

Position/Status

PDMR

(b)

Initial notification / Amendment

Initial notification

3

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

(a)

Name

FDM Group (Holdings) plc

(b)

LEI

213800YR62D7GUZLMZ71

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 £0.01 each

ISIN: GB00BLWDVP51

(b)

Nature of the transaction

Sale of ordinary shares of £0.01 each acquired pursuant to the exercise of options

(c)

Price(s) and volume(s)

(a) Number of Ordinary Shares sold	(b) Per share sale price
25,025	£9.63

(d)

Aggregated Information

- Aggregated Volume

- Price

N/A

(e)

Date of the Transaction

16 August 2018

(f)

Place of the Transaction

London Stock Exchange. 

Name of authorised official of issuer responsible for making notification:

Mark Heather, Company Secretary, FDM Group (Holdings) Plc

Contacts

Mark Heather, Company Secretary                                     020 3056 8240   

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.

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