TRIFAST PLC — Remuneration Information 2019

Jul 25, 2019

National Storage Mechanism | Additional information

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RNS Number : 7425G

Trifast PLC

25 July 2019

Thursday, 25 July 2019

Trifast plc

(the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The Company announces that, further to the terms set out in the Company's Remuneration Policy, the Remuneration Committee has granted the following LTIP awards to the Executive Directors in the form of ordinary shares of 5p each in the Company ("Ordinary Shares") under the terms of the Employee Share Plan and these awards have been accepted by the Executive Directors.  The scheme includes a three-year vesting period for these awards as well as ongoing corporate performance requirement for the period until vesting.  No payment will be made for the grant or vesting of these awards.

Name	Position	Number of LTIP awards1
Mark Belton	Chief Executive Officer	223,557
Clare Foster	Chief Financial Officer	171,274
Glenda Roberts	Group Sales Director	155,048

1 Calculated using a share price of £2.08 being the closing share price on 22 July 2019 (the last business day prior to the grant date of 23 July 2019).

Enquiries:
Trifast plc
Lyndsey Case Company Secretary Tel: +44 (0) 1825 769696 www.trifast.com

The notifications below are 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

Mark Belton

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

Trifast plc

b)

LEI

213800WFIVE6RWK3CR22

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 5 pence each

GB0008883927

b)

Nature of the transaction

Grant of Award under the Trifast plc Employee Share Plan 2014*

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	223,557

d)

Aggregated information

Aggregated volume
Price

223,557 Ordinary Shares of 5 pence each

Nil consideration

e)

Date of the transaction

23 July 2019

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Clare Foster

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

Trifast plc

b)

LEI

213800WFIVE6RWK3CR22

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 5 pence each

GB0008883927

b)

Nature of the transaction

Grant of Award under the Trifast plc Employee Share Plan 2014*

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	171,274

d)

Aggregated information

Aggregated volume
Price

171,274 Ordinary Shares of 5 pence each

Nil consideration

e)

Date of the transaction

23 July 2019

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Glenda Roberts

2

Reason for the notification

a)

Position/status

Group Sales and Marketing Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Trifast plc

b)

LEI

213800WFIVE6RWK3CR22

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 5 pence each

GB0008883927

b)

Nature of the transaction

Grant of Award under the Trifast plc Employee Share Plan 2014*

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	155,048

d)

Aggregated information

Aggregated volume
Price

155,048 Ordinary Shares of 5 pence each

Nil consideration

e)

Date of the transaction

23 July 2019

f)

Place of the transaction

Outside a trading venue

*subject to vesting criteria as set out in the 2019 Annual Report

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