Wincanton PLC — Director's Dealing 2018

May 25, 2018

National Storage Mechanism | Additional information

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RNS Number : 2645P

Wincanton PLC

25 May 2018

25 May 2018

Wincanton plc

('Wincanton' or the 'Group') 

Notification of transaction by Persons Discharging Managerial Responsibilities ("PDMRs")

Wincanton announces that it has received due notice of exercise in respect of options granted to Mr Adrian Colman, Chief Executive Officer of the Group, under the Group's 2014 Share Option Plan ("SOP").

A notice was received in respect of 446,715 Ordinary Shares of 10p each ("Ordinary Shares") at the exercise price of £1.37 per Ordinary Share. Using net settlement, this has resulted in the transfer of 119,237 Ordinary Shares to Adrian Colman.

Following the transfer, the total beneficial interest of the PDMR and his connected persons in the issued share capital of the Group has increased by the 119,237 Ordinary Shares above, from the existing shareholding of 946,942 Ordinary Shares to a total holding of 1,066,179 Ordinary Shares. This represents 0.86% of the Group's total issued share capital.  

	Exercise Price of options awarded	Number of options awarded	Number of options exercised	Number of shares receivable after deduction of the exercise price, Income Tax and National Insurance
Adrian Colman (Chief Executive Officer)	£1.37	446,715	446,715	119,237

The Notification of Dealing Forms for the PDMR can be found below. The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

ADRIAN COLMAN

2

Reason for the notification

a)

Position/status

CHIEF EXECUTIVE OFFICER / PDMR	DIRECTOR

b)

Initial notification/Amendment

INITIAL NOTIFICATION

3

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

a)

Name

WINCANTON PLC

b)

LEI

213800Z5WTW8QKOHWQ82

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 10p EACH IN WINCANTON PLC

ISIN: GB0030329360

b)

Nature of the transaction

EXERCISE OF OPTIONS OVER 446,715 ORDINARY SHARES AT AN EXERCISE PRICE OF £1.37. THE OPTIONS HAVE BEEN EXERCISED BY NET SETTLEMENT, USING THE MID-MARKET CLOSING PRICE ON 22 MAY 2018 OF £2.76.

Price(s) and volume(s)

Price(s)	Volume(s)
£NIL	119,237

d)

Aggregated information

-    Aggregate volume

-    Price

TOTAL NUMBER OF SHARES TRANSFERRED: 119,237

TOTAL CONSIDERATION OF THE SHARES TRANSFERRED: £NIL

e)

Date of the transaction

22 MAY 2018

f)

Place of the transaction

London Stock Exchange, Main Market

-Ends-

For further information please contact:

Wincanton plc                                                                         Tel: 01249 710 000

Adrian Colman, Chief Executive Officer

Tim Lawlor, Chief Financial Officer

Buchanan                                                                                Tel: 020 7466 5000

Richard Oldworth / Victoria Hayns / Maddie Seacombe

Notes to Editors

Wincanton plc

Wincanton is the largest British logistics firm, providing supply chain solutions to some of the world's most admired brands across a wide range of industries including retail, construction, defence and energy.

As a trusted and respected business partner, we design and implement services and solutions that range from setting up and operating distribution networks through to bonded warehouses, technology hosting, container transport and storage. We strive for operational excellence in everything we do.

We work hard to understand and respond to our customers' needs, build long term relationships and use our skills and expertise to deliver a smarter, added value service, every day. Our customers rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

Improved stock visibility and availability, reduction of lead times, collaborative warehousing and transport models, and an absolute commitment to continuous improvement, are just some of the reasons why many of our customer relationships extend to more than 20 years.

Key facts:

·      Annual revenue in the UK & Ireland exceeds £1.1 billion

·      Over 17,700 colleagues including 4,000+ drivers 

·      Operates from 200+ locations with 7.6 million square feet of warehousing across the UK and Ireland

·      Operating responsibility for around 3,600 vehicles

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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