AI Terminal
ContourGlobal PLC
Remuneration Information • May 19, 2021
9182_dirs_2021-05-19_2004bf5e-1421-437b-b11e-d0e7df5d78d3.html
Remuneration Information
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 2075Z
ContourGlobal PLC
19 May 2021
ContourGlobal plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
On 17th May 2021, the following deferred bonus awards over ordinary shares of 1 pence in ContourGlobal plc ("Shares") were granted under the ContourGlobal plc Long Term Incentive Plan to the following persons discharging managerial responsibilities:
| PDMR | No. of shares under Award | Type of Award |
| Joseph C. Brandt | 156,091 | Deferred Bonus Award |
| Stefan L. Schellinger | 79,040 | Deferred Bonus Award |
The award is structured as a conditional award of shares and will ordinarily vest on 10th March 2023. Pursuant to the Company's remuneration policy requiring that any bonus in excess of 50% of maximum be deferred into shares for a period of two years, the deferred bonus awards represent a deferral of 41% of the bonus amount determined for Mr. Brandt and Mr. Schellinger respectively for the 2020 bonus year. Details of the full notifications received by the Company are set out below.
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
Identification code
Ordinary Shares of 1 pence each in ContourGlobal plc
GB00BF448H58
b)
Nature of the transaction
Grant of a deferred bonus award under the ContourGlobal plc Long Term Incentive Plan. The award is structured as a conditional award of shares and will ordinarily vest on 10th March 2023.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1.926 | 156,091 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
2021-5-17
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Stefan L. 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
Identification code
Ordinary Shares of 1 pence each in ContourGlobal plc
GB00BF448H58
b)
Nature of the transaction
Grant of a deferred bonus award under the ContourGlobal plc Long Term Incentive Plan. The award is structured as a conditional award of shares and will ordinarily vest on 10th March 2023.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1.926 | 79,040 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
2021-5-17
f)
Place of the transaction
Outside a trading venue
Vicky Dalby
Company Secretary
19 May 2021
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHSFWFWUEFSEEI