RM..L

RM Plc
RM PLC - Director/PDMR Shareholding
23rd March 2021, 11:21
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 1999T
RM PLC
23 March 2021
 

Tuesday, March 23, 2021

 

 

RM plc

 

Director/PDMR Performance Share Plan Awards

 

In accordance with DTR 3.1.4 R(1)(a), RM plc announces that, on 22 March 2021, options were granted for nil consideration over the following numbers of ordinary shares of 2 2/7pence each in the Company under the RM Performance Share Plan 2019:

 

Director/PDMR

Shares Comprised in Awards

Neil
Martin

250,000

Monique Louis

100,000

John
Baskerville

100,000

 

The options are exercisable in the period 25 March 2024 to 22 March 2031 at an exercise price of £0.00 per share.   It is anticipated that option exercises will be satisfied by the transfer of shares from the Company's employee benefit trust.

 

Vesting of the award and the receipt of shares will be based on the following criteria:

 

 

(1)     One hundred percent (100%) of the award will be based on the Company's relative TSR performance measured from the average of the Index during January and February 2021 to the average of the Index during January and February 2024. The Company's TSR performance shall be measured against the TSR performance of the companies (Comparator Group) within the FTSE Small Cap (ex IT) Index over the above period and must be at least at the median of a ranking of the TSR of each of the members of the Comparator Group. Vesting will occur on a sliding scale between median (25%) and upper quartile (100%).

 

No award can vest before 25 March 2024. Contact:

RM
plc

08450
700300

Mark Lágler Company Secretary


 

 

Notes:

 

1. The RM Performance Share Plan 2019 was approved by shareholders at the Company's AGM held on 27 March 2019.

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
 
 
DSHDKNBBDBKDKNB ]]>
TwitterFacebookLinkedIn