ContourGlobal PLC

Director's Dealing • Dec 20, 2022

National Storage Mechanism | Additional information

RNS Number : 3585K

ContourGlobal PLC

20 December 2022

ContourGlobal plc

("ContourGlobal" or "the Company")

Notification of transactions by persons discharging managerial responsibilities or persons closely associated with them in accordance with the Market Abuse Regulations.

In connection with the recommended cash acquisition by Cretaceous Bidco Limited of the entire issued and to be issued ordinary share capital of ContourGlobal, on 16 December 2022 (or 20 December 2022 in respect of Joseph C. Brandt's deferred bonus award), the performance share awards granted for the grant periods 2020 to 2023, for 2021 to 2024, and for 2022 to 2025 granted on 11 August 2020, 17 May 2021 and 11 August 2022 respectively under the Company's Long Term Incentive Plan (the 'Plan'), and the deferred bonus awards granted under the Plan, vested over such number of shares in the Company as set out in the table below. Stefan Schellinger also exercised vested performance share awards granted on 17 June 2019 on the same date.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Joseph C. Brandt

2

Reason for Notification

a)

Position/status

President and Chief Executive Officer

b)

Initial notification/Amendment

Initial Announcement

3

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

a)

Name

ContourGlobal plc

b)

LEI

5493002I3A4J5TFOR115

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

Ordinary Shares of 1 pence each in ContourGlobal plc

Identification code

GB00BF448H58

b)

Nature of the transaction

Vesting of Performance Share Awards under the ContourGlobal plc Long Term Incentive Plan.

c)

Price(s) and volume(s)

Performance Share Award Grant Date	Price(s)	Volume(s)
11/08/2020	Nil	431,291
17/05/2021	Nil	396,887
11/08/2022	Nil	132,995

d)

Aggregated information

-  Aggregated volume

-  Price

961,173

Nil

e)

Date of the transaction

2022 12 16

f)

Place of the transaction

Outside a trading venue (XOFF)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Joseph C. Brandt

2

Reason for Notification

a)

Position/status

President and Chief Executive Officer

b)

Initial notification/Amendment

Initial Announcement

3

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

a)

Name

ContourGlobal plc

b)

LEI

5493002I3A4J5TFOR115

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

Ordinary Shares of 1 pence each in ContourGlobal plc

Identification code

GB00BF448H58

b)

Nature of the transaction

Vesting of a deferred bonus award under the ContourGlobal plc Long Term Incentive Plan. 

c)

Price(s) and volume(s)

Deferred Bonus Award Grant Date	Price(s)	Volume(s)
17/05/2021	Nil	175,126

d)

Aggregated information

-  Aggregated volume

-  Price

175,126

Nil

e)

Date of the transaction

2022 12 20

f)

Place of the transaction

Outside a trading venue (XOFF)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stefan Schellinger

2

Reason for Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Announcement

3

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

a)

Name

ContourGlobal plc

b)

LEI

5493002I3A4J5TFOR115

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

Ordinary Shares of 1 pence each in ContourGlobal plc

Identification code

GB00BF448H58

b)

Nature of the transaction

Vesting and exercise of Performance Share Awards and Deferred Bonus Awards under the ContourGlobal plc Long Term Incentive Plan.

c)

Price(s) and volume(s)

Performance Share Award Grant Date	Price(s)	Volume(s)
17/06/2019	Nil	236,534
11/08/2020	Nil	351,930
17/05/2021	Nil	349,516
11/08/2022	Nil	100,487
Deferred Bonus Award Grant Date	Price(s)	Volume(s)
11/08/2020	Nil	19,308
17/05/2021	Nil	88,678
11/08/2022	Nil	19,537

d)

Aggregated information

-  Aggregated volume

-  Price

1,165,990

Nil

e)

Date of the transaction

2022 12 16

f)

Place of the transaction

Outside a trading venue (XOFF)

On behalf of LDC Nominees Secretary Limited

Company Secretary

20 December 2022

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