Softcat PLC — Director's Dealing 2021

Nov 26, 2021

National Storage Mechanism | Additional information

RNS Number : 7676T

Softcat PLC

26 November 2021

For Immediate Release	26 November 2021

Softcat plc

("Softcat", the "Company")

Notification of Transactions by

Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

The following notification is made under article 19.1 of the Market Abuse Regulation ("MAR") and relates to the exercise of nil-cost options by persons discharging managerial responsibilities ("PDMR") on 24 November 2021. In November 2018, awards were made under the Softcat Long Term Incentive Plan (LTIP) and under the Softcat Annual and Deferred Bonus Plan (DBP) to the PDMR named below. Both the LTIP and DBP have now vested and have been exercised by the PDMR. A sufficient portion of the Ordinary Shares ("Shares") has been sold to cover the PDMR's tax liabilities which have arisen as a result of the exercise. The remaining Shares have been retained by the PDMR.  

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Graham Charlton

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

Softcat plc

b)

LEI

213800N42YZLR9GLVC42

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

Identification Code

Ordinary Shares of £0.0005 each

ISIN: GB00BYZDVK82

b)

Nature of the transaction

Exercise of nil-cost options under the Softcat plc LTIP and DBP, with a sale of sufficient Shares to cover the PDMR's liabilities in respect of income tax and national insurance contributions. The Shares resulting from the exercise were treated as follows:

i.    sale of Shares; and

ii.    retention of Shares.

c)

Price(s) and volume(s)

i.      Sale of Shares

Share Scheme	Price(s)	Volume(s)
LTIP	£18.51	23,619
DBP	£18.51	4,825

ii.     Retention of Shares

Share Scheme	Price(s)	Volume(s)
LTIP	£nil	26,381
DBP	£nil	5,388

d)

Aggregated information

Volume

Price

N/A

e)

Date of the transaction

24 November 2021

f)

Place of the transaction

London Stock Exchange

Luke Thomas Company Secretary Softcat plc	Tel: +44 (0)20 7167 4961

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