CWK.L

Cranswick Plc
Cranswick PLC - Director/PDMR Shareholding
5th August 2024, 11:11
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RNS Number : 2146Z
Cranswick PLC
05 August 2024
 

Director/PDMR Shareholding

Cranswick plc ("the Company")

 

The Company has been notified that the awards of LTIP nil-cost options summarised in the table below has been made, pursuant to the Cranswick 2024 Long Term Incentive Plan (the "LTIP"). The awards have been granted over ordinary shares of 10 pence each in the Company ("Ordinary Shares").

In accordance with the Directors' Remuneration Policy approved at the Company's Annual General Meeting on 29 July 2024, each Executive Director has been granted a "Core LTIP Award" and an "Exceptional Performance LTIP Award".

Name

No. of Ordinary Shares subject to Core  LTIP Award

No. of Ordinary Shares subject to Exceptional Performance LTIP Award




Adam Couch

36,220

18,110

Mark Bottomley

23,940

5,985

Jim Brisby

23,940

5,985

Chris Aldersley

23,940

5,985




The awards were granted on 1 August 2024 in accordance with the LTIP and are based on a share price of 4680 pence per Ordinary Share, being the average quoted market price of the Company's shares on the three dealing days prior to the date of grant.  

Each person has also been granted a tax qualifying option over 425 Ordinary Shares at an exercise price of 4680 pence per Ordinary Share as part of their award.  These tax qualifying options are linked to the Core LTIP Award such that, at the time of exercise, to the extent that there is a gain in the tax qualifying option, the Core LTIP Award will be forfeited to the value of that gain.

Vesting of the awards is subject to the achievement of performance criteria as described in the Company's Directors' Remuneration Report for its 2023/24 financial year.

 

Enquiries:

Steven Glover, Company Secretary tel: 01482 275000

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Christopher Aldersley

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cranswick plc

b)

LEI

549300LDZLPU51XOSK43

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 10 pence each
 

GB0002318888

b)

Nature of the transaction

Grant of LTIP awards and CSOP Options

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Grant of Core LTIP Award

0p

23,940

Grant of Exceptional Performance LTIP Award

0p

5,985

Grant of CSOP Option

4680p

425

d)

Aggregated information

-   Aggregated volume 

-   Price

-  Purpose

 

n/a

n/a

Option Grant

e)

Date of the transaction

1 August 2024

f)

Place of the transaction

Outside a Trading Venue

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

John Mark Bottomley

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cranswick plc

b)

LEI

549300LDZLPU51XOSK43

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 10 pence each
 

GB0002318888

b)

Nature of the transaction

Grant of LTIP awards and CSOP Options

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Grant of Core LTIP Award

0p

23,940

Grant of Exceptional Performance LTIP Award

0p

5,985

Grant of CSOP Option

4680p

425

d)

Aggregated information

-   Aggregated volume 

-   Price

-  Purpose

 

n/a

n/a

Option Grant

e)

Date of the transaction

1 August 2024

f)

Place of the transaction

Outside a Trading Venue


 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

James Robert Brisby

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cranswick plc

b)

LEI

549300LDZLPU51XOSK43

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 10 pence each
 

GB0002318888

b)

Nature of the transaction

Grant of LTIP awards and CSOP Options

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Grant of LTIP Option

0p

23,940

Grant of Exceptional Performance LTIP Award

0p

5,985

Grant of CSOP Option

4680p

425

d)

Aggregated information

-   Aggregated volume 

-   Price

-  Purpose

 

n/a

n/a

Option Grant

e)

Date of the transaction

1 August 2024

f)

Place of the transaction

Outside a Trading Venue

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Adam Hartley Couch

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cranswick plc

b)

LEI

549300LDZLPU51XOSK43

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 10 pence each
 

GB0002318888

b)

Nature of the transaction

Grant of LTIP awards and CSOP Options

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Grant of Core LTIP Option

0p

36,220

Grant of Exceptional Performance LTIP Award

0p

18,110

Grant of CSOP Option

4680p

425

d)

Aggregated information

-   Aggregated volume 

-   Price

-  Purpose

 

n/a

n/a

Option Grant

e)

Date of the transaction

1 August 2024

f)

Place of the transaction

Outside a Trading Venue

 

 

 

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