Investors

Press Release

Director/PDMR Shareholding

June 7, 2017 at 1:30 PM EDT
RNS Number : 4351H
Computacenter PLC
07 June 2017
 

 

 

Computacenter plc

Incorporated in England

Registration number: 03110569

LEI: 549300XSXUZ1I19DB105

ISIN: GB00BV9FP302

 

Computacenter plc

(the 'Company')

 

The following notifications are made under article 19 of the Market Abuse Regulation ('MAR') relating to certain transactions in the shares of the Company by Directors of the Company, Persons Discharging Managerial Responsibilities ('PDMR') of the Company and Persons Closely Associated ('PCA') with the Directors and PDMRs.

 

Exercise of Options and Subsequent Sale of Shares

 

The Company announces that on 06 June 2017, the following PDMR exercised nil cost option awards over Ordinary Shares of 75/9 pence ('Ordinary Shares') in the capital of the Company.  This followed, in accordance with the rules of the Computacenter Performance Share Plan 2005 (the 'PSP'), the Company vesting the related conditional awards, which were granted on 20 March 2014, over Ordinary Shares.  Further, certain of the Ordinary Shares, resulting from the exercise of options, were sold for 839.599262 pence each.

 

PDMR

Number of shares exercised

% Award vested1

Number of shares sold

Number of shares retained

 

 

 

 

 

Mr N Hall

8,205

100.00%

7,450

755

 

 

 

 

 

1 On 22 March 2017, the PDMR listed above became entitled to ordinary shares of 75/9 pence each in the capital of the Company, as a result of awards vesting under the PSP.  Awards granted under the PSP scheme vest subject to the satisfaction of performance conditions at the end of a three year period.  The level of vesting for awards granted in 2014 was 100% for the PSP Standard Scheme.

 

 

 

           

The relevant FCA notifications are set out below.

 

PDMR/PCA FCA Transaction Notification

 

 

1.

 

 

Details of Person Discharging Managerial Responsibilities

 

 

 

 

Name

 

Neil Philip Hall

 

2.

 

Reason for the notification

 

 

2(a)

 

 

Position/Status

 

Group Director, Business Enablement &

Contractual Services

 

 

2(b)

 

 

Initial Notification/

Amendment

 

 

Initial Notification

 

3.

 

 

Details of the issuer

 

 

3(a)

 

 

Name

 

Computacenter plc

 

3(b)

 

 

LEI

 

549300XSXUZ1I19DB105

 

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) have been conducted

 

 

4(a)

 

 

Description of the financial instrument

 

 

Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')

 

ISIN: GB00BV9FP302

 

 

4(b)

 

 

Nature of Transaction

 

 

Ordinary Shares acquired following exercise of a conditional award under the PSP. There was no price payable on the grant or exercise of the award.  Vesting was subject to the achievement of performance conditions over a three year period.

 

 

4(c)

 

 

Price(s) and Volume(s)

 

 

Price(s) (in GBP)

 

 

Volume(s)

 

nil

 

8,205

 

4(d)

 

 

Aggregated Information

 

Aggregated Volume and Price

 

 

 

 

nil

 

 

 

8,205

 

4(e)

 

 

Date of the transaction

 

 

06-06-2017

 

 

4(f)

 

 

Place of the transaction

 

 

Outside of a trading venue.  The Ordinary Shares for the above-mentioned exercise were satisfied out of those held by the 2011 Computacenter Employee Benefit Trust.

 

 

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) have been conducted

 

 

4(a)

 

 

Description of the financial instrument

 

 

Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')

 

ISIN: GB00BV9FP302

 

 

4(b)

 

 

Nature of Transaction

 

 

Sale of Ordinary Shares.

 

 

4(c)

 

 

Price(s) and Volume(s)

 

 

Price(s) (in GBP)

 

 

Volume(s)

 

8.39599262

 

7,450

 

4(d)

 

 

Aggregated Information

 

Aggregated Volume and Price

 

 

 

 

8.39599262

 

 

 

7,450

 

4(e)

 

 

Date of the transaction

 

 

06-06-2017

 

 

4(f)

 

 

Place of the transaction

 

 

XLON

 

 

 

Enquiries:

 

Name:

Raymond Gray

 

Company Secretary

Address:

Computacenter plc

Hatfield Avenue

Hatfield

Hertfordshire

AL10 9TW

 

 

Telephone:

01707 631 000

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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