Softcat PLC — Remuneration Information 2019

Nov 26, 2019

National Storage Mechanism | Additional information

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RNS Number : 7435U

Softcat PLC

26 November 2019

26 November 2019

Softcat plc (the "Company")

Notification of Transactions by

Persons Discharging Managerial Responsibilities

The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to an award of nil-cost options to a person discharging managerial responsibilities ("PDMR") on 22 November 2019 under the Softcat plc Long Term Incentive Plan ("LTIP"). This announcement is made in accordance with Article 19.3 of MAR. 

An award of nil-cost options to acquire 12,500 Ordinary shares was made to Colin Brown, a PDMR, on 22 November 2019 under the LTIP calculated by reference to the closing middle market quotation of the ordinary shares derived from the Daily Official List on the dealing day preceding the date of grant (1160 pence). The award for Colin Brown will vest subject to continued employment with the Company for three years from the date of grant.

The normal date of vesting for the nil-cost options outlined above will be 22 November 2022 and the last date for exercise will be 21 November 2029.

1.

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

a)

Name

Colin Brown

2.

Reason for the notification

a)

Position / status

Managing Director

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

Grant of nil cost option over Ordinary Shares of £0.0005 each under the Softcat plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00	12,500

d)

Aggregated information

Aggregated volume

Price

N/A

e)

Date of the transaction

22 November 2019

f)

Place of the transaction

Outside a trading venue

Luke Thomas

Company Secretary, Softcat plc

26 November 2019

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