discoverIE Group plc Director LTIP Award (7834P)
22 Junio 2022 - 3:58AM
UK Regulatory
TIDMDSCV
RNS Number : 7834P
discoverIE Group plc
22 June 2022
22 June 2022
discoverIE Group plc
Director LTIP Award
discoverIE Group plc (LSE: DSCV, "discoverIE" or "the Company"),
a leading international designer and manufacturer of customised
electronics for industrial applications, announces that, on 21 June
2022, options were granted for nil consideration over the following
numbers of ordinary shares in the Company ("Ordinary Shares"),
under the 2021 discoverIE Group plc Long Term Incentive Plan
("LTIP") (the "Awards"):
Director/PDMR Number of Awards granted
Nick Jefferies 131,364
-------------------------
Simon Gibbins 78,619
-------------------------
The Awards will vest on 23 June 2025, subject to the achievement
of performance targets measured over a three-year period. Vested
options will be subject to an additional two-year holding
period.
In addition to the Awards, a further 7,370 options over Ordinary
Shares were granted to Simon Gibbins in return for him bearing the
Company's liability for the employers' National Insurance
Contributions arising on exercise. The additional award ensures he
is in a neutral position on an after-tax basis.
For further information, please contact:
discoverIE Group plc
Greg Davidson - Company Secretary 01483 544 500
Buchanan
Chris Lane, Toto Berger, Jack Devoy 020 7466 5000
discoverIE@buchanan.uk.com
Notes to Editors :
discoverIE Group plc is an international group of businesses
that designs and manufactures innovative electronic components for
industrial applications.
The Group provides application-specific components to original
equipment manufacturers ("OEMs") internationally through its two
divisions, Magnetics & Controls, and Sensing &
Connectivity. By designing components that meet customers' unique
requirements, which are then manufactured and supplied throughout
the life of their production, a high level of repeating revenue is
generated with long term customer relationships.
With a focus on sustainable key markets driven by structural
growth and increasing electronic content, namely renewable energy,
medical, electrification of transportation and industrial
automation & connectivity, the Group aims to achieve organic
growth that is well ahead of GDP and to supplement that with
complementary acquisitions. The Group has an ongoing commitment to
reducing the impact of its operations on the environment and with
its key markets aligned with a sustainable future, MSCI has awarded
the Group an ESG "A" rating.
The Group employs c.4,900 people across 20 countries with its
principal operating units located in Continental Europe, the UK,
China, Sri Lanka, India and North America.
discoverIE is listed on the Main Market of the London Stock
Exchange and is a member of the FTSE250, classified within the
Electrical Components and Equipment subsector.
1 Details of the person discharging managerial
responsibilities/person closely associated
a) Name Nick Jefferies
-------------------------------- ---------------------------
2 Reason for the notification
-------------------------------------------------------------
a) Position / status Group Chief Executive
-------------------------------- ---------------------------
b) Initial notification / Initial notification
amendment
-------------------------------- ---------------------------
3 Details of issuer
-------------------------------------------------------------
a) Name discoverIE Group plc
-------------------------------- ---------------------------
b) LEI 213800BMDLQU1VEEAN68
-------------------------------- ---------------------------
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 transactions have
been conducted
-------------------------------------------------------------
a) Description of the financial Options over Ordinary
instrument, type of instrument Shares
Identification code GB0000055888
-------------------------------- ---------------------------
b) Nature of the transaction Award made pursuant to
the Company's
Long--Term Incentive Plan
-------------------------------- ---------------------------
c) Price(s) and volume(s) Price Volume
Nil 131,364
--------
-------------------------------- ---------------------------
d) Aggregated information N/A
-------------------------------- ---------------------------
e) Date of the transaction 21 June 2022
-------------------------------- ---------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ---------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
a) Name Simon Gibbins
-------------------------------- ---------------------------
2 Reason for the notification
-------------------------------------------------------------
a) Position / status Group Finance Director
-------------------------------- ---------------------------
b) Initial notification / Initial notification
amendment
-------------------------------- ---------------------------
3 Details of issuer
-------------------------------------------------------------
a) Name discoverIE Group plc
-------------------------------- ---------------------------
b) LEI 213800BMDLQU1VEEAN68
-------------------------------- ---------------------------
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 transactions have
been conducted
-------------------------------------------------------------
a) Description of the financial Options over Ordinary
instrument, type of instrument Shares
Identification code GB0000055888
-------------------------------- ---------------------------
b) Nature of the transaction Award made pursuant to
the Company's
Long--Term Incentive Plan
-------------------------------- ---------------------------
c) Price(s) and volume(s) Price Volume
Nil 85,989
-------
-------------------------------- ---------------------------
d) Aggregated information N/A
-------------------------------- ---------------------------
e) Date of the transaction 21 June 2022
-------------------------------- ---------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- ---------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHEAPKAASSAEEA
(END) Dow Jones Newswires
June 22, 2022 04:58 ET (08:58 GMT)
Discoverie (LSE:DSCV)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Discoverie (LSE:DSCV)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
