AI assistant
BOOT (HENRY) PLC — Director's Dealing 2020
Jun 18, 2020
4667_dirs_2020-06-18_e9761e9d-0706-4a87-9004-428cccc5ad1e.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
RNS Number : 4187Q
Boot(Henry) PLC
18 June 2020
HENRY BOOT PLC ('the Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them ("PDMRs")
Henry Boot PLC 2015 Long Term Incentive Plan
The Company announces that on 16 June 2020, and subject to the rules of the Henry Boot PLC 2015 Long Term Incentive Plan ("LTIP"), the undernoted PDMRs of the Company exercised their nil cost options over Henry Boot PLC ordinary shares of 10p each in the Company ("Shares") pursuant to the options granted by the Company on 24 April 2017 under the LTIP.
These awards were conditional upon the satisfaction of performance conditions over the three financial years ending 31 December 2019, and following publication of the Annual Results for 2019, these performance share awards have vested as follows for the below PDMRs. No consideration was payable on the vesting of these awards.
| PDMR | Number of Shares Vested |
| Darren Louis Littlewood | 48,320 |
| David Giles Boot | 20,466 |
| Simon Alexander Carr | 27,370 |
| Nicholas Joseph Duckworth | 30,820 |
| Edward James Hutchinson | 7,594 |
Further to the vesting of the LTIP awards, and in accordance with the rules of the LTIP, the above shares have been transferred to the PDMRs by the trustee of the Company's Employee Benefit Trust. Following this transfer, instructions have been given to sell a proportion of the above Shares primarily in order to account for the tax and national insurance liabilities arising on the vesting of the LTIP awards. The number of shares instructed to be sold on behalf of each PDMR are set out below:
| PDMR | Number of Shares Instructed to be Sold |
| Darren Louis Littlewood | 22,801 |
| David Giles Boot | 0 |
| Simon Alexander Carr | 12,910 |
| Nicholas Joseph Duckworth | 14,537 |
| Edward James Hutchinson | 3,582 |
The information contained in the following notifications are disclosed in accordance with the requirements of the EU Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Darren Louis Littlewood
2
Reason for the notification
a)
Position/status
Group Finance Director
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Henry Boot PLC
b)
LEI
213800H5873O9TC3XT22
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 10p each | |
| GB0001110096 |
b)
Nature of the transaction
Exercise of nil-cost options over ordinary shares under the 2015 LTIP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 25,519 - Number of LTIP Shares acquired after reduction for appropriate tax and national insurance liabilities. |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
N/A
e)
Date of the transaction
16 June 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
David Giles Boot
2
Reason for the notification
a)
Position/status
PDMR of the Company
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Henry Boot PLC
b)
LEI
213800H5873O9TC3XT22
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 10p each | |
| GB0001110096 |
b)
Nature of the transaction
Exercise of nil-cost options over ordinary shares under the 2015 LTIP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 20,466 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
N/A
e)
Date of the transaction
16 June 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Simon Alexander Carr
2
Reason for the notification
a)
Position/status
PDMR of the Company
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Henry Boot PLC
b)
LEI
213800H5873O9TC3XT22
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 10p each | |
| GB0001110096 |
b)
Nature of the transaction
Exercise of nil-cost options over ordinary shares under the 2015 LTIP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 14,460 - Number of LTIP Shares acquired after reduction for appropriate tax and national insurance liabilities. |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
N/A
e)
Date of the transaction
16 June 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nicholas Joseph Duckworth
2
Reason for the notification
a)
Position/status
PDMR of the Company
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Henry Boot PLC
b)
LEI
213800H5873O9TC3XT22
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 10p each | |
| GB0001110096 |
b)
Nature of the transaction
Exercise of nil-cost options over ordinary shares under the 2015 LTIP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 16,283 - Number of LTIP Shares acquired after reduction for appropriate tax and national insurance liabilities. |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
N/A
e)
Date of the transaction
16 June 2020
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Edward James Hutchinson
2
Reason for the notification
a)
Position/status
PDMR of the Company
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Henry Boot PLC
b)
LEI
213800H5873O9TC3XT22
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 10p each | |
| GB0001110096 |
b)
Nature of the transaction
Exercise of nil-cost options over ordinary shares under the 2015 LTIP
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 4,012 - Number of LTIP Shares acquired after reduction for appropriate tax and national insurance liabilities. |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
N/A
e)
Date of the transaction
16 June 2020
f)
Place of the transaction
Outside a trading venue
Enquiries to:
Amy Stanbridge
Company Secretary
Henry Boot PLC
Tel.: 0114 255 5444
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 [email protected] or visit www.rns.com.
END
DSHGPUBCQUPUGCR