FISHER(JAMES)& SONS PLC — Remuneration Information 2018

Apr 10, 2018

National Storage Mechanism | Additional information

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RNS Number : 4579K

Fisher (James) & Sons plc

10 April 2018

10 April 2018

JAMES FISHER AND SONS PLC

Notification of Directors' Interest in Shares

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

Vesting of Award

At the end of the three year vesting period for the Company's 2015 LTIP, the Company's actual TSR performance as at vesting on 6 April 2018 resulted in 54.8% vesting of the TSR element. This has resulted in 7,469 Ordinary Shares of 25p each in the Company ('Ordinary Shares') vesting for Nick Henry, and 5,009 Ordinary Shares vesting for Stuart Kilpatrick.

The Company was therefore notified on 6 April 2018 that Nick Henry and Stuart Kilpatrick, the Executive Directors of the Company, had increased their respective holdings of Ordinary Shares through the vesting of awards made in June 2015 under the Company's Long-Term Incentive Plan (the 'Plan').

On 6 April 2018, in accordance with the Plan rules, an aggregate of 12,478 Ordinary Shares vested and an aggregate of 5,864 Ordinary Shares were sold at a price of 1534 pence per share to fund the tax liability resulting from the vesting.

Following this transaction, Nick Henry's and Stuart Kilpatrick's respective beneficial interest in the Company's issued ordinary share capital is as follows:

	Number of Ordinary Shares vested	Number of Ordinary Shares sold	Number of Ordinary Shares retained	Beneficial Interest in Ordinary Shares following vesting and sale	Percentage of Issued Ordinary Share Capital following vesting and sale
Nick Henry	7,469	3,510	3,959	228,942	0.46%
Stuart Kilpatrick	5,009	2,354	2,655	39,158	0.08%

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

Nicholas Paul Henry

2

Reason for Notification

a)

Position/status

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

James Fisher and Sons plc

b)

LEI

213800J975E5OYR6S216

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 25 pence each in James Fisher and Sons plc

GB0003395000

b)

Nature of the transaction

Vesting of a restricted share award made on 5 June 2015 under the James Fisher and Sons plc Long-Term Incentive Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
NIL	3,959

d)

Aggregated information

-     Aggregated volume

-     Price

3,959

NIL

e)

Date of the transaction

6 April 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stuart Charles Kilpatrick      

2

Reason for Notification

a)

Position/status

Group Finance Director

b)

Initial notification/Amendment

Initial Announcement

3

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

a)

Name

James Fisher and Sons plc

b)

LEI

213800J975E5OYR6S216

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 25 pence each in James Fisher and Sons plc

GB0003395000

b)

Nature of the transaction

Vesting of a restricted share award made on 5 June 2015 under the James Fisher and Sons plc Long-Term Incentive Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
NIL	2,655

d)

Aggregated information

-     Aggregated volume

-     Price

2,655

NIL

e)

Date of the transaction

6 April 2018

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

END

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