DE LA RUE PLC

Remuneration Information • Jun 28, 2017

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RNS Number : 4758J

De La Rue PLC

28 June 2017

De La Rue plc

Director/PDMR Shareholding

Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

28 June 2017

De La Rue plc (the "Company") announces the following changes in the interests of Directors and  Persons Discharging Managerial Responsibilities (PDMRs) in ordinary shares of 44 152/175p  ("Shares") in the capital of the Company.

De La Rue Performance Share Plan ("PSP")

On 27 June 2017, in accordance with the PSP the Directors and PDMRs listed in the table below were awarded an interest in Shares following the grant of an award of Nil Cost Options over the Company's Shares. The number of Shares awarded was calculated by reference to a price of £6.8010, being the average of the Company's middle market closing price for a Share for the five consecutive dealing days commencing on 20 June  2017.

Sixty per cent of the award will vest on 27 June 2020 and the remaining forty per cent will vest on 27 June 2021, subject to continued employment with De La Rue and the achievement of a number of performance conditions. The number of Shares shown below represents the maximum that may be acquired if all performance conditions are achieved in full. The Company may also transfer additional Shares to reflect the value of dividends that would have been paid over the period between the Award Date and the Vesting Date on the Shares that vest.

Name	Director/ PDMR	Shares awarded
Martin Sutherland	Director/PDMR	70,577
Jitesh Sodha	Director/PDMR	47,787
Jo Easton	PDMR	30,142
Bryan Gray	PDMR	43,375
Richard Hird	PDMR	38,964
Ed Peppiatt	PDMR	33,598
Selva Selvaratnam	PDMR	42,346

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

Ed Peppiatt, Company Secretary

Contact Number: 01256 605343

28 June 2017

De La Rue plc's LEI code is 213800DH741LZWIJXP78.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Martin Sutherland

2

Reason for the notification

a)

Position/status

Executive Director/Chief Executive Officer

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

Award of 70,577 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 27 June 2020 and the remaining forty per cent will vest on 27 June 2021, subject to continued employment and the achievement of performance conditions.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.00	70,577

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

N/A

e)

Date of the transaction

27 June 2017

f)

Place of the transaction

London, outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jitesh Sodha

2

Reason for the notification

a)

Position/status

Executive Director/Chief Financial Officer

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

Award of 47,787 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 27 June 2020 and the remaining forty per cent will vest on 27 June 2021, subject to continued employment and the achievement of performance conditions.

c)

Price(s) and volume(s)

Price	Volume(s)
£0.00	47,787

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

N/A

e)

Date of the transaction

27 June 2017

f)

Place of the transaction

London, outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jo Easton

2

Reason for the notification

a)

Position/status

Group Director of Human Resources

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

Award of 30,142 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 27 June 2020 and the remaining forty per cent will vest on 27 June 2021, subject to continued employment and the achievement of performance conditions.

c)

Price(s) and volume(s)

Price	Volume(s)
£0.00	30,142

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

N/A

e)

Date of the transaction

27 June 2017

f)

Place of the transaction

London, outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bryan Gray

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

Award of 43,375 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 27 June 2020 and the remaining forty per cent will vest on 27 June 2021, subject to continued employment and the achievement of performance conditions.

c)

Price(s) and volume(s)

Price	Volume(s)
£0.00	43,375

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

N/A

e)

Date of the transaction

27 June 2017

f)

Place of the transaction

London, outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Hird

2

Reason for the notification

a)

Position/status

Chief Commercial Officer

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

Award of 38,964 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 27 June 2020 and the remaining forty per cent will vest on 27 June 2021, subject to continued employment and the achievement of performance conditions.

c)

Price(s) and volume(s)

Price	Volume(s)
£0.00	38,964

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

N/A

e)

Date of the transaction

27 June 2017

f)

Place of the transaction

London, outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ed Peppiatt

2

Reason for the notification

a)

Position/status

General Counsel and Company Secretary

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

Award of 33,598 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 27 June 2020 and the remaining forty per cent will vest on 27 June 2021, subject to continued employment and the achievement of performance conditions.

c)

Price(s) and volume(s)

Option Price(s)	Volume(s)
£0.00	33,598

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

e)

Date of the transaction

27 June 2017

f)

Place of the transaction

London, outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Selva Selvaratnam

2

Reason for the notification

a)

Position/status

Chief Technology Officer

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

Award of 42,346 Shares at nil cost under the Performance Share Plan. Sixty per cent of the award will vest on 27 June 2020 and the remaining forty per cent will vest on 27 June 2021, subject to continued employment and the achievement of performance conditions.

c)

Price(s) and volume(s)

Price	Volume(s)
£0.00	42,346

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

N/A

e)

Date of the transaction

27 June 2017

f)

Place of the transaction

London, outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

END

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