HYVE GROUP PLC — Director's Dealing 2017

Jun 21, 2017

National Storage Mechanism | Additional information

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RNS Number : 7852I

ITE Group PLC

21 June 2017

21 June 2017

ITE Group plc ("ITE") - NOTIFICATION OF TRANSACTIONS OF DIRECTORS', PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

ITE Group plc ('the Company') announces that on 19 June 2017 the following Directors have been awarded Nominal Options over ordinary shares of 1p of ITE Group Plc under the Rules of the 2014 Employees' Performance Share Plan ('PSP') as shown below:

Name	Role	Number of shares granted under the PSP	Total number of options held over ordinary shares following this notification
Mark Shashoua	Chief Executive Officer	434,083	434,083
Andrew Beach	Chief Financial Officer	215,273	215,273

Subject to the terms of the PSP, the awards will vest and become exercisable from the third anniversary of the grant of the awards subject to continued service and to the extent to which the relevant performance conditions were satisfied over the three financial years ended 30 September 2019.

This notification is made pursuant to Disclosure and Transparency Rule 3.1.4.

Contact:

Anneka Kingan, Group Company Secretary  

[email protected]

+44 (0) 20 7596 5139

Notification of Dealing Form:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Shashoua

2

Reason for the notification

a)

Position/status

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

ITE Group Plc

b)

LEI

549300ZOQOW485BCD047

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

Identification code

GB0002520509

b)

Nature of the transaction

Grant of 1p cost options under the Company's Employees' Performance Share Plan

c)

Price(s) and volume(s)

Price per share	Volume
1p	434,083

d)

Aggregated Information

Volume

Price

Volume	Price per share
434,083	1p

e)

Date of transaction

19 June 2017

f)

Place of transaction

London Stock Exchange (XLON)

Notification of Dealing Form:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Beach

2

Reason for the notification

a)

Position/status

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

ITE Group Plc

b)

LEI

549300ZOQOW485BCD047

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

Purchase of Ordinary Shares of 1 pence each

Identification code

ISIN: GB0002520509

b)

Nature of the transaction

Grant of 1p cost options under the Company's Employees' Performance Share Plan

c)

Price(s) and volume(s)

Price per share	Volume
1p	215,273

d)

Aggregated Information

Volume

Price

Volume	Price per share
215,273	1p

e)

Date of transaction

19 June 2017

f)

Place of transaction

London Stock Exchange (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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