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.
Vesting of Awards, Exercise of
Options and Subsequent Sale of Shares
Computacenter Performance Share Plan 2005
The Company announces that on 21
March 2024, in accordance with the rules of the PSP, the nil-cost
option award over Ordinary Shares, which was granted on 22 March
2021, vested for the following Director. Vesting of the PSP Award
was subject to the achievement of performance conditions over a
three year period.
|
DIRECTOR
|
Number of options awarded
|
% Award
Vested1
|
Number of options vested
|
Number of options lapsed
|
Number of options
exercised
|
Number of options held
|
|
|
|
|
|
|
|
|
|
Mr M J
Norris (Director)
|
51,678
|
90.86%
|
46,954
|
4,724
|
-
|
46,954
|
|
|
|
|
|
|
|
|
|
1 Awards granted under the PSP Plan vest subject to the
satisfaction of performance conditions at the end of a three year
period. The level of vesting for PSP Awards granted in
2021 was 90.86% for the PSP Enhanced Plan. The PSP Award vested is
subject to a two year holding period before they are released to
the Director.
|
Computacenter 2017 Deferred Bonus Plan
The Company announces that on 21
March 2024, the following conditional award over Ordinary Shares
vested for the Director below. This followed, in accordance with
the rules of the Computacenter 2017 Deferred Bonus Plan, the
Company vesting tranches of the related conditional 2021 Bonus
Award, which was granted on 21 March 2022, over Ordinary
Shares. Vesting of this tranche of
the 2021 Bonus Award was subject to the completion of a two-year
holding period. Further, certain of the
Ordinary Shares, resulting from the vesting of the award, were sold
for 2714 pence each.
|
DIRECTOR
|
Number of shares
vested2
|
Number of shares sold
|
Number of shares retained
|
|
|
|
|
|
|
Mr M J Norris (Director)
|
7,527
|
7,527
|
-
|
|
|
|
|
|
2 On 21 March 2024, the Director listed above became entitled to
ordinary shares of 75/9 pence each in the
capital of the Company, as a result of an Award vesting under the
DBP. Awards granted under the DBP Plan vest in two tranches
with one-half of the deferred shares from the Bonus Awards vesting
after one year and the remaining deferred shares from the Bonus
Awards vesting after two years. The shares vesting above relate to
the second tranche of the 2021 Bonus Award made on 21 March 2022.
The shares were released to the Director on 21 March 2024 when the
transaction noted above took place. The vesting amount included 441
shares, awarded as dividend equivalent shares equal in value to
dividends that would have been paid on the shares in respect of
which the award vests in respect of dividend record dates during
the period between the grant date and the vesting date.
The relevant FCA notifications are
set out below.
PDMR/PCA FCA Transaction
Notification
|
1.
|
Details of Director/Person Discharging
Managerial Responsibilities
|
|
|
Name
|
Michael John Norris
|
|
2.
|
Reason for the notification
|
|
2(a)
|
Position/Status
|
Chief Executive Officer
|
|
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
the vesting of a conditional award, made on 21 March 2022, under
the Computacenter 2017 Deferred Bonus Plan
(the '2021 Bonus Award'). There is no price
payable on the grant or exercise of the 2021 Bonus Award. Vesting
of this tranche of the 2021 Bonus Award was subject to the
completion of a two year holding period.
|
|
4(c)
|
Price(s) and Volume(s)
|
Price(s) (in GBP)
|
Volume(s)
|
|
nil
|
7,086
|
|
4(d)
|
Aggregated Information
Aggregated Volume and
Price
|
nil
|
7,086
|
|
4(e)
|
Date of the transaction
|
21-03-2024
|
|
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
|
Ordinary Shares acquired as dividend
equivalents related to the grant and vesting of a
conditional award, made on 21 March 2022, under the
Computacenter 2017 Deferred Bonus Plan (the 'Bonus
Award Dividend Equivalents'). There is no
price payable on the acquisition of the Bonus Award Dividend
Equivalents.
|
|
4(c)
|
Price(s) and Volume(s)
|
Price(s) (in GBP)
|
Volume(s)
|
|
nil
|
441
|
|
4(d)
|
Aggregated Information
Aggregated Volume and
Price
|
nil
|
441
|
|
4(e)
|
Date of the transaction
|
21-03-2024
|
|
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. Sold all
7,527 Shares from the conditional award vested, and dividend
equivalent shares acquired, under the Computacenter 2017 Deferred Bonus Plan.
|
|
4(c)
|
Price(s) and Volume(s)
|
Price(s) (in GBP)
|
Volume(s)
|
|
27.14
|
7,527
|
|
4(d)
|
Aggregated Information
Aggregated Volume and
Price
|
27.14
|
7,527
|
|
4(e)
|
Date of the transaction
|
21-03-2024
|
|
4(f)
|
Place of the transaction
|
XLON
|
|
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 nil-cost option awarded under the Computacenter Performance Share Plan 2005 (the 'PSP
Award'). There was no price payable on the
grant or exercise of the PSP Award. Vesting of the PSP Award
was subject to the achievement of a performance condition over a
three year period and released after a two year holding
period.
|
|
4(c)
|
Price(s) and Volume(s)
|
Price(s) (in GBP)
|
Volume(s)
|
|
Nil
|
90,604
|
|
4(d)
|
Aggregated Information
Aggregated Volume and
Price
|
Nil
|
90,604
|
|
4(e)
|
Date of the transaction
|
21-03-2024
|
|
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. Sold all
90,604 shares acquired following the exercise of a nil-cost option
vested under the Computacenter Performance
Share Plan 2005.
|
|
4(c)
|
Price(s) and Volume(s)
|
Price(s) (in GBP)
|
Volume(s)
|
|
27.017888
|
90,604
|
|
4(d)
|
Aggregated Information
Aggregated Volume and
Price
|
27.017888
|
90,604
|
|
4(e)
|
Date of the transaction
|
21-03-2024
|
|
4(f)
|
Place of the transaction
|
XLON
|
Enquiries:
|
Name:
|
Simon Pereira
|
|
|
Company Secretary
|
|
|
|
|
Address:
|
Computacenter plc
Hatfield Avenue
Hatfield
Hertfordshire
AL10 9TW
|
|
|
|
|
Telephone:
|
+44 (0) 7385 514 715
|