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NANOCO GROUP PLC — Director's Dealing 2019
Apr 18, 2019
4931_dirs_2019-04-18_1cf40ac5-2a3b-4c4b-8c0a-50d8f292e6b5.html
Director's Dealing
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RNS Number : 6941W
Nanoco Group PLC
18 April 2019
18 April 2019
NANOCO GROUP PLC
("Nanoco" or the "Company")
NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PDMRs
In accordance with the rules of the Company's 2016 deferred bonus plan, Michael Edelman, CEO of the Company, has exercised 108,181 options over ordinary shares of 10p each in the Company ("Ordinary Shares"), granted in November 2016. In order to cover the associated tax liabilities generated by the exercise of these options, 45,797 of these Ordinary Shares have been sold.
The value of the award and the performance targets achieved that resulted in the award were fully disclosed in the Annual Report and Accounts for the year ended 31 July 2016.
Notification of Dealing Form
1.
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")
a)
Name
MICHAEL EDELMAN
2.
Reason for the notification
a)
Position /status
CHIEF EXECUTIVE OFFICER
b)
Initial notification / amendment
INITIAL NOTIFICATION
3.
Details of the Issuer
a)
Name
NANOCO GROUP PLC
b)
LEI code
213800HOSJEZO1KOCV33
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)
Type of instrument:
Identification code
ORDINARY SHARES OF 1O PENCE EACH
ISIN: GB00B01JLR99
b)
Nature of the transaction
Exercise of options over ordinary shares of 10p each in the Company
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| Nil cost | 108,181 |
d)
Aggregated information:
| Aggregated Price | Aggregated Volume | Aggregated Total |
| N/A | N/A | N/A |
e)
Date of the transaction
18 April 2019
f)
Place of the transaction
LONDON STOCK EXCHANGE
1.
Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")
a)
Name
MICHAEL EDELMAN
2.
Reason for the notification
a)
Position /status
CHIEF EXECUTIVE OFFICER
b)
Initial notification / amendment
INITIAL NOTIFICATION
3.
Details of the Issuer
a)
Name
NANOCO GROUP PLC
b)
LEI code
213800HOSJEZO1KOCV33
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)
Type of instrument:
Identification code
ORDINARY SHARES OF 1O PENCE EACH
ISIN: GB00B01JLR99
b)
Nature of the transaction
Sale of ordinary shares of 10p each in the Company ("Ordinary Shares") to cover associated tax liabilities in connection with the exercise of options over Ordinary Shares
c)
Price(s) and volume(s)
| Price (s) | Volume (s) |
| 53.5p | 45,797 |
d)
Aggregated information:
| Aggregated Price | Aggregated Volume | Aggregated Total |
| N/A | N/A | N/A |
e)
Date of the transaction
18 April 2019
f)
Place of the transaction
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 [email protected] or visit www.rns.com.
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