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ContourGlobal PLC
Director's Dealing • Jul 6, 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 3703E
ContourGlobal PLC
06 July 2021
ContourGlobal plc
Notification of transactions by persons discharging managerial responsibilities or persons closely associated with them in accordance with the Market Abuse Regulations.
On 28 June 2021, the Performance Share Award granted on 28 June 2018 to Joseph C. Brandt under the Company's Long Term Incentive Plan ('LTIP') vested over such number of shares in the Company as set out in the table below. A number of shares were subsequently sold to satisfy Joseph C. Brandt's taxation and withholding obligations, again as set out in the table below. The remaining shares held by Joseph C. Brandt are subject to a two-year post-vesting holding period.
| PDMR | Number of shares under award granted on 28 June 2018 | Number of shares vested on 28 June 2021* | Number of dividend equivalent shares on vested LTIP award | Total number of shares acquired | Shares sold on 6 July 2021 to cover relevant tax and withholding liabilities | Number of shares retained following sale |
| Joseph C. Brandt | 391,646 | 213,055 | 44,650 | 257,705 | 117,801 | 139,904 |
*The number of shares vested was based on the Company achieving 54.4 per cent of the performance target relating to the LTIP.
Details of the full notifications received by the Company are set out below.
Acquisition of shares
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
Acquisition of ordinary shares pursuant to the vesting of a Performance Share Award under the ContourGlobal plc Long Term Incentive Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 257,705 |
d)
Aggregated information
- Aggregated volume
- Price
257,705
£0.00
e)
Date of the transaction
2021-06-28
f)
Place of the transaction
Outside a trading venue (XOFF)
Sale of Shares
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
Sale of ordinary shares to cover the relevant tax and withholding liabilities following the vesting
(on 28 June 2021) of the Performance Share Award under the ContourGlobal plc Long Term Incentive Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £ 1.954179 | 117,801 |
d)
Aggregated information
- Aggregated volume
- Price
117,801
£ 1.954179
e)
Date of the transaction
2021-07-06
f)
Place of the transaction
Outside a trading venue (XOFF)
Thema Salandy
On behalf of Link Company Matters Limited
Company Secretary
6 July 2021
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