Workspace Group PLC Director/PDMR Shareholding (4133Q)
18 Junio 2020 - 8:29AM
UK Regulatory
TIDMWKP
RNS Number : 4133Q
Workspace Group PLC
18 June 2020
18 June 2020
WORKSPACE(R) GROUP PLC
DIRECTOR/PDMR SHAREHOLDING
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Persons Closely Associated with
them
Workspace Group PLC (the " Company ") announces that on 18 June
2020, it was notified that each of Graham Clemett and Dave Benson
(each a person discharging managerial responsibility for the
Company), (the " PDMRs ") had received a Conditional Award over
Ordinary Shares pursuant to the Workspace Group PLC Long Term
Incentive Plan (the " LTIP ").
Under the rules of the LTIP, the Company's Remuneration
Committee has a discretion to reduce vesting if the extent to which
the performance conditions are satisfied is inconsistent with the
overall performance of the business, including in circumstances
where there would be a significant disparity between the vesting
outcome and the underlying performance of the business. The
Remuneration Committee intends, if appropriate, to consider whether
to exercise this discretion in relation to the 2020 LTIP awards,
having regard to any Covid-19 impact on share price.
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Graham Clemett
=== ======================================= ================================
2. Reason for the notification
=== =========================================================================
a) Position/status Chief Executive Officer
=== ======================================= ================================
b) Initial notification/ Initial notification
amendment
=== ======================================= ================================
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 Ordinary Shares of 100p ISIN GB00B67G5X01
of the financial
instrument
=== ================== =====================================================
b) Nature of Granting of an award over Ordinary Shares pursuant
the transaction to the Workspace Group PLC Long Term Incentive
Plan
=== ================== =====================================================
c) Price(s) Price(s) Volume(s)
and volume(s) 1. Nil consideration 139,638
------------------ ----------
=== ================== =====================================================
d) Aggregated N/A
information
=== ================== =====================================================
e) Date of 18 June 2020
the transaction
=== ================== =====================================================
f) Place of London Stock Exchange, Main Market ( XLON)
the transaction
================== =====================================================
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Dave Benson
=== ======================================= ================================
2. Reason for the notification
=== =========================================================================
a) Position/status Chief Financial Officer
=== ======================================= ================================
b) Initial notification/ Initial notification
amendment
=== ======================================= ================================
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 Ordinary Shares of 100p ISIN GB00B67G5X01
of the financial
instrument
=== ================== =====================================================
b) Nature of Granting of an award over Ordinary Shares pursuant
the transaction to the Workspace Group PLC Long Term Incentive
Plan
=== ================== =====================================================
c) Price(s) Price(s) Volume(s)
and volume(s) 1. Nil consideration 96,089
------------------ ----------
=== ================== =====================================================
d) Aggregated N/A
information
=== ================== =====================================================
e) Date of 18 June 2020
the transaction
=== ================== =====================================================
f) Place of London Stock Exchange, Main Market ( XLON)
the transaction
================== =====================================================
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END
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June 18, 2020 09:29 ET (13:29 GMT)
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