PZ Cussons PLC

Remuneration Information • Jul 26, 2018

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RNS Number : 9221V

PZ CUSSONS PLC

26 July 2018

26 July 2018  

PZ Cussons Plc (the "Company")  

Persons discharging managerial responsibility ('PDMR') shareholding  

On 25 July 2018 the following Directors of the Company and other persons discharging managerial responsibility ('PDMRs') were granted conditional awards ('Awards') under the PZ Cussons Performance Share Plan to acquire the following numbers of ordinary shares of 1p each in the Company as set out below.

Executive Director	Number of shares
Mr G A Kanellis	410,135
Mr B H Leigh	205,149

PDMR	Number of shares
Mrs C Doyle-Heffernan	117,159
Mr S Plant	60,202
Mr G Kostianis	122,031
Mr A Bergin	70,641

The Awards will ordinarily vest at nil cost on the third anniversary of grant subject to the grantee's continued employment and the attainment of performance targets, save that the Awards to the Executive Directors will be subject to a two year holding period on vested shares such that all shares (other than any shares required to be sold to meet any tax liabilities) will need to be retained for a minimum period of five years from grant.  

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

G A Kanellis

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

PZ Cussons Plc

b)

LEI

XB3CXKKKED7OMV80FY35

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 1p each

GB00B19Z1432

b)

Nature of the transaction

Conditional share award over ordinary shares of 1p each in the Company granted under the PZ Cussons Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	410,135

d)

Aggregated information

-	Aggregated volume
-	Price

N/A

e)

Date of the transaction

2018-07-25

f)

Place of the transaction

LONDON STOCK EXCHANGE, MAIN MARKET (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

B H Leigh

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

PZ Cussons Plc

b)

LEI

XB3CXKKKED7OMV80FY35

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 1p each

GB00B19Z1432

b)

Nature of the transaction

Conditional share award over ordinary shares of 1p each in the Company granted under the PZ Cussons Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	205,149

d)

Aggregated information

-	Aggregated volume
-	Price

N/A

e)

Date of the transaction

2018-07-25

f)

Place of the transaction

LONDON STOCK EXCHANGE, MAIN MARKET (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

C Doyle-Heffernan

2

Reason for the notification

a)

Position/status

Group HR Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

PZ Cussons Plc

b)

LEI

XB3CXKKKED7OMV80FY35

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 1p each

GB00B19Z1432

b)

Nature of the transaction

Conditional share award over ordinary shares of 1p each in the Company granted under the PZ Cussons Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	117,159

d)

Aggregated information

-	Aggregated volume
-	Price

N/A

e)

Date of the transaction

2018-07-25

f)

Place of the transaction

LONDON STOCK EXCHANGE, MAIN MARKET (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

S Plant

2

Reason for the notification

a)

Position/status

Corporate Services Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

PZ Cussons Plc

b)

LEI

XB3CXKKKED7OMV80FY35

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 1p each

GB00B19Z1432

b)

Nature of the transaction

Conditional share award over ordinary shares of 1p each in the Company granted under the PZ Cussons Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	60,202

d)

Aggregated information

-	Aggregated volume
-	Price

N/A

e)

Date of the transaction

2018-07-25

f)

Place of the transaction

LONDON STOCK EXCHANGE, MAIN MARKET (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

G Kostianis

2

Reason for the notification

a)

Position/status

Global Supply Chain Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

PZ Cussons Plc

b)

LEI

XB3CXKKKED7OMV80FY35

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 1p each

GB00B19Z1432

b)

Nature of the transaction

Conditional share award over ordinary shares of 1p each in the Company granted under the PZ Cussons Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	122,031

d)

Aggregated information

-	Aggregated volume
-	Price

N/A

e)

Date of the transaction

2018-07-25

f)

Place of the transaction

LONDON STOCK EXCHANGE, MAIN MARKET (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

A Bergin

2

Reason for the notification

a)

Position/status

Commercial Finance Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

PZ Cussons Plc

b)

LEI

XB3CXKKKED7OMV80FY35

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 1p each

GB00B19Z1432

b)

Nature of the transaction

Conditional share award over ordinary shares of 1p each in the Company granted under the PZ Cussons Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	70,641

d)

Aggregated information

-	Aggregated volume
-	Price

N/A

e)

Date of the transaction

2018-07-25

f)

Place of the transaction

LONDON STOCK EXCHANGE, MAIN MARKET (XLON)

The Company also announces that on 25 July 2018 14,463 ordinary shares of 1p each in the Company were transferred to Mr G A Kanellis in relation to a deferred bonus award made in 2015. The shares have been held in trust for three years and have been released in accordance with the rules of the deferred bonus award.

UK residents pay tax and National Insurance at the time the shares are transferred. On 25 July 2018 Mr G A Kanellis sold 6,797 shares back to the Trust for a price of £2.22 per share to discharge his tax obligations arising from the release of the shares.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

G A Kanellis

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

PZ Cussons Plc

b)

LEI

XB3CXKKKED7OMV80FY35

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 1p each

GB00B19Z1432

b)

Nature of the transaction

Deferred bonus award

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	14,463

d)

Aggregated information

-	Aggregated volume
-	Price

N/A

e)

Date of the transaction

2018-07-25

f)

Place of the transaction

LONDON STOCK EXCHANGE, MAIN MARKET (XLON)

Name of contact and telephone number for queries:  

Sam Plant  

Company Secretary, PZ Cussons Plc   

(T) (00) 44 (0)161 435 1000  

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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