Notification and public disclosure of transactions by persons discharging managerial responsibilities
The Company announces that, further to the terms set out in the Company's Remuneration Policy, the Remuneration Committee has granted the following LTIP awards to the Executive Directors in the form of ordinary shares of 5p each in the Company ('Ordinary Shares') under the terms of the Employee Share Plan and these awards have been accepted by the Executive Directors. The scheme includes a three-year vesting period for these awards as well as an ongoing corporate performance requirement for the period until vesting. No payment will be made for the grant or vesting of these awards.
Name
Position
Number of LTIP awards1
Mark Belton
Chief Executive Officer
200,000
Clare Foster
Chief Financial Officer
153,333
Glenda Roberts
Group Sales Director
140,000
1Calculated using a share price of £2.25 being the closing share price on 20 July 2018 (the last business day prior to the grant date of 23 July 2018).
The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Belton
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Trifast plc
b)
LEI
213800WFIVE6RWK3CR22
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 instrument, type of instrument
Identification code
Ordinary Shares of 5 pence each
GB0008883927
b)
Nature of the transaction
Grant of Award under the Employee Share Plan*
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
200,000
d)
Aggregated information
200,000Ordinary Shares of5 pence each
Nil consideration
e)
Date of the transaction
23 July 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Clare Foster
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Trifast plc
b)
LEI
213800WFIVE6RWK3CR22
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 instrument, type of instrument
Identification code
Ordinary Shares of 5 pence each
GB0008883927
b)
Nature of the transaction
Grant of Award under the Employee Share Plan*
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
153,333
d)
Aggregated information
153,333Ordinary Shares of5 pence each
Nil consideration
e)
Date of the transaction
23 July 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Glenda Roberts
2
Reason for the notification
a)
Position/status
Group Sales Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Trifast plc
b)
LEI
213800WFIVE6RWK3CR22
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 instrument, type of instrument
Identification code
Ordinary Shares of 5 pence each
GB0008883927
b)
Nature of the transaction
Grant of Award under the Employee Share Plan*
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
140,000
d)
Aggregated information
140,000Ordinary Shares of5 pence each
Nil consideration
e)
Date of the transaction
23 July 2018
f)
Place of the transaction
Outside a trading venue
*subject to vesting criteria as set out in the 2018 Annual Report
Trifast plc published this content on 23 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 July 2018 15:27:06 UTC
English (UK)
English (Canada)
Deutsch (Deutschland)
Deutsch (Schweiz)
Español
Français (France)
Italiano
Nederlands (Nederland)
Nederlands (België)
Report
