CARR'S GROUP PLC — Remuneration Information 2018

Nov 19, 2018

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RNS Number : 7761H

Carr's Group PLC

19 November 2018

19 November 2018

Carr's Group plc

("Carr's", the "Company", or the "Group")

Director/PDMR Shareholdings

Carr's (CARR.L), the agriculture and engineering group, announces the following awards of options over ordinary shares in the Company of 2.5p each ("Ordinary Shares") to certain PDMRs.

Awards under the Company's Deferred Bonus Share Plan 2018 (the "DBSP")

On 16 November 2018 (the "Award Date"), awards were made under the Company's DBSP (the "Awards"). The Awards were granted in order to defer 25% of the annual cash bonus payable to Executive Directors in the form of shares for a period of two years in accordance with the Remuneration Committee's Policy on Executive Director Remuneration.

No consideration was payable on the grant of the Awards which will be exercisable from the second anniversary of the respective Award Date to the tenth anniversary of the respective Award Date.

The Awards are as follows:

Name of PDMR	Number of Ordinary Shares  subject to the Awards
Tim Davies	43,312
Neil Austin	32,051

The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):

1	. Details of the person discharging managerial responsibilities/person closely associated

a) Name

1. Tim Davies

2. Neil Austin

2	. Reason for the notification

a) Position/status

1. Chief Executive Officer

2. 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

Carr's Group plc

b) LEI

213800HTIKPQV98RA653

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 £0.025 each

b) Identification Code

GB00BRK01058

c) Nature of transactions

Grant of Award

d) Price(s) and Volume(s)

Price(s)                              

1. Nil

2. Nil

Volume(s)

43,312

32,051

e) Aggregated information:

i. Aggregated volume

ii. price

N/A

f)    Date of the transaction

16 November 2018

g)   Place of the transaction

Outside trading venue

Enquiries:

Carr's Group plc Matthew Ratcliffe (Company Secretary)	01228 554 600

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