MCBRIDE PLC — Remuneration Information 2019

Sep 12, 2019

National Storage Mechanism | Additional information

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RNS Number : 1346M

McBride PLC

12 September 2019

RNS Announcement

Notification and public disclosure of settlement of DBP Award to a Director.

12 September 2019

McBride plc confirms a share related award has vested under the terms of the McBride plc 2012 Deferred Annual Bonus Plan (the DBP) to Chris Smith, Interim Chief Executive Officer.

The award vested at the end of a three-year period and reflected the proportion of the 2016 annual bonus deferred as agreed by the Remuneration Committee at that time. The award was settled in shares.

Name	Status	No. of shares subject to vesting
Chris Smith Interim Chief Executive Officer	Director	42,857

Following the award, the total holding and interests of Chris Smith in ordinary shares in McBride plc is:

Name	Total holdings of ordinary shares	Percentage of current issued share capital (excluding treasury shares)	Interest in ordinary shares
Chris Smith	326,714	0.179%	413,521

This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation.

1.

Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA")

a)

Name

Chris Smith

2.

Reason for the notification

b)

Position/Status

Interim Chief Executive Officer

c)

Initial notification/amendment

Initial Notification

3.

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

a)

Name

McBride plc

b)

LEI

213800HX7FMPA2CIEF02

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 10p each

GB0005746358

b)

Nature of the transaction

Vesting of an award under the Company's Deferred Annual Bonus Plan as a conditional award of shares and immediate disposal of a number of such shares.  

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	42,857 - Number of shares acquired

d)

Aggregated information

Aggregated volume

Price

As above

e)

Date of the transaction

10 September 2019

f)

Place of transaction

In respect of the settlement outside of a trading venue. In respect of the sales on the London Stock Exchange.

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 rns@lseg.com or visit www.rns.com.

END

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