Workspace Group PLC

Director's Dealing • Jun 30, 2017

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RNS Number : 7355J

Workspace Group PLC

30 June 2017

Workspace Group PLC (the "Company")

Director/PDMR Shareholding      

30 June 2017

Workspace Group PLC announces that on 29 June 2017, it was notified that each of Jamie Hopkins, Graham Clemett, Angus Boag and Chris Pieroni (each a person discharging managerial responsibility for the Company, together the "PDMRs") had disposed of a number of ordinary shares of £1.00 each in the capital of the Company ("Ordinary Shares") in order to satisfy income tax and national insurance liabilities (and associated costs) arising on the vesting of awards under the Workspace Group PLC Long Term Incentive Plan. An announcement detailing the award of Ordinary Shares pursuant to a vesting under the Workspace Group PLC Long Term Incentive Plan was released on 28 June 2017.

Following the vesting and subsequent sale of such Ordinary Shares to satisfy income tax and national insurance liabilities, each of the PDMRs is required to retain the balance of Ordinary Shares arising on vesting for 12 months from 26  June 2017.  These are listed as follows:

Jamie Hopkins:       62,329 Ordinary Shares

Graham Clemett:    42,765 Ordinary Shares

Angus Boag:           38,497 Ordinary Shares

Chris Pieroni:          38,497 Ordinary Shares

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1.

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

a)

Name

Jamie Hopkins

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

Workspace Group PLC

b)

LEI

2138003GUZRFIN3UT430

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 transaction(s) has been conducted

a)

Description of the financial  instrument

Ordinary shares of £1.00 each ("Ordinary Shares")

ISIN: GB00B67G5X01

b)

Nature of the transaction

Sale of 56,393 Ordinary Shares to satisfy tax and national insurance liabilities.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
894.9415p	56,393 shares

d)

Aggregated information

N/A

e)

Date of the transaction

29  June 2017

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1.

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

a)

Name

Graham Clemett 

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

Workspace Group PLC

b)

LEI

2138003GUZRFIN3UT430

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 transaction(s) has been conducted

a)

Description of the financial  instrument

Ordinary shares of £1.00 each ("Ordinary Shares")

ISIN: GB00B67G5X01

b)

Nature of the transaction

Sale of 38,693 Ordinary Shares to satisfy tax and national insurance liabilities.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
894.9415p	38,693 shares

d)

Aggregated information

N/A

e)

Date of the transaction

29  June 2017

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1.

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

a)

Name

Angus Boag 

2.

Reason for the notification

a)

Position/status

Development Director

b)

Initial notification/

amendment

Initial notification

3.

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

a)

Name

Workspace Group PLC

b)

LEI

2138003GUZRFIN3UT430

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 transaction(s) has been conducted

a)

Description of the financial  instrument

Ordinary shares of £1.00 each ("Ordinary Shares")

ISIN: GB00B67G5X01

b)

Nature of the transaction

Sale of 34,831 Ordinary Shares to satisfy tax and national insurance liabilities.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
894.9415p	34,831  shares

d)

Aggregated information

N/A

e)

Date of the transaction

29 June 2017

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1.

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

a)

Name

Chris Pieroni  

2.

Reason for the notification

a)

Position/status

Operations Director

b)

Initial notification/

amendment

Initial notification

3.

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

a)

Name

Workspace Group PLC

b)

LEI

2138003GUZRFIN3UT430

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 transaction(s) has been conducted

a)

Description of the financial  instrument

Ordinary shares of £1.00 each ("Ordinary Shares")

ISIN: GB00B67G5X01

b)

Nature of the transaction

Sale of 34,831 Ordinary Shares to satisfy tax and national insurance liabilities.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
894.9415p	34,831 shares

d)

Aggregated information

N/A

e)

Date of the transaction

29   June 2017

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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