Workspace Group PLC

Remuneration Information • Jul 19, 2016

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RNS Number : 6084E

Workspace Group PLC

19 July 2016

19 July 2016

Workspace Group PLC (the "Company")

Director/PDMR Shareholding

Workspace Group PLC announces that on 18 July 2016, it was notified that each of Jamie Hopkins, Graham Clemett, Angus Boag and Chris Pieroni (each a person discharging managerial responsibility for the Company), (the "PDMRs") had: i) received an award of ordinary shares pursuant to a vesting under  the Workspace Group PLC Long Term Investment Plan; and ii) disposed of a number of these shares in order to satisfy income tax and national insurance liabilities (and associated costs) arising on the vesting of these awards. Further details of these transactions are set out below.

Following the vesting and subsequent sale of shares to satisfy income tax and national insurance liabilities, each of the PDMRs are required to retain the balance of shares arising on vesting for 12 months from 18 July 2016.  These are listed as follows:

Jamie Hopkins - 91,888;

Graham Clemett - 66,246;

Angus Boag -    59,634; and

Chris Pieroni 59,634.

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

b)

Position/status

Chief Executive Officer

c)

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

-

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 100p, ISIN GB00B67G5X01

b)

Nature of the transaction

Vesting of an award of shares pursuant to the Workspace Group PLC Long Term Incentive Plan. 

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
1.	Nil Consideration	175,024

d)

Aggregated information

N/A

e)

Date of the transaction

18  July 2016  at 13.12 (GMT)

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

a)

Description of the financial  instrument

Ordinary Shares of 100p, ISIN GB00B67G5X01

b)

Nature of the transaction

Sale of 83,136 shares to satisfy tax and national insurance liabilities.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
1.	685.5534p	83,136 shares

d)

Aggregated information

N/A

e)

Date of the transaction

18  July 2016  at 13.12 (GMT)

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

b)

Position/status

Chief Financial Officer

c)

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

-

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 100p, ISIN GB00B67G5X01

b)

Nature of the transaction

Vesting of an award of shares pursuant to the Workspace Group PLC Long Term Incentive Plan. 

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
2.	Nil Consideration	126,182

d)

Aggregated information

N/A

e)

Date of the transaction

18  July 2016  at 13.12 (GMT)

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

a)

Description of the financial  instrument

Ordinary Shares of 100p, ISIN GB00B67G5X01

b)

Nature of the transaction

Sale of 59,936 shares to satisfy tax and national insurance liabilities.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
2.	685.5534p	59,936 shares

d)

Aggregated information

N/A

e)

Date of the transaction

18  July 2016  at 13.12 (GMT)

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

b)

Position/status

Development Director

c)

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

-

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 100p, ISIN GB00B67G5X01

b)

Nature of the transaction

Vesting of an award of shares pursuant to the Workspace Group PLC Long Term Incentive Plan. 

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
3.	Nil Consideration	113,588

d)

Aggregated information

N/A

e)

Date of the transaction

18  July 2016  at 13.12 (GMT)

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

a)

Description of the financial  instrument

Ordinary Shares of 100p, ISIN GB00B67G5X01

b)

Nature of the transaction

Sale of 53,954 shares to satisfy tax and national insurance liabilities.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
3.	685.5534p	53,954 shares

d)

Aggregated information

N/A

e)

Date of the transaction

18  July 2016  at 13.12 (GMT)

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

b)

Position/status

Development Director

c)

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

-

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 100p, ISIN GB00B67G5X01

b)

Nature of the transaction

Vesting of an award of shares pursuant to the Workspace Group PLC Long Term Incentive Plan. 

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
4.	Nil Consideration	113,588

d)

Aggregated information

N/A

e)

Date of the transaction

18  July 2016  at 13.12 (GMT)

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

a)

Description of the financial  instrument

Ordinary Shares of 100p, ISIN GB00B67G5X01

b)

Nature of the transaction

Sale of 53,954 shares to satisfy tax and national insurance liabilities.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
4.	685.5534p	53,954 shares

d)

Aggregated information

N/A

e)

Date of the transaction

18  July 2016  at 13.12 (GMT)

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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