MLC.L

Millennium & Copthorne Hotels Plc
Millennium & Copthor - Director/PDMR Shareholding
17th September 2019, 14:36
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RNS Number : 6621M
Millennium & Copthorne Hotels PLC
17 September 2019
 

For Immediate Release                                                                                           17 September 2019

 

                               MILLENNIUM & COPTHORNE HOTELS PLC ("THE COMPANY")

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR'S") AND PERSONS CLOSELY ASSOCIATED WITH THEM ("PCA'S")

Provided in accordance with Article 19.3 of the EU Market Abuse Regulation No. 596/2014

                                           LEI Number: 2138003EQ1O4LZ1JNH19

 

On 7 June 2019 Agapier Investments Limited ("Bidco") (a company indirectly and wholly-owned by City Developments Limited ("CDL")) made a final cash offer of 685 pence per Millennium & Copthorne Hotels plc ("M&C") share for the entire issued and to be issued ordinary share capital of M&C not already owned by CDL and its subsidiaries (and persons acting in concert with them) (the "Final Offer"). The terms of the Final Offer stipulated that should the offer be declared wholly unconditional then a proportion of the awards under the Company's Annual Bonus Plan and Executive Share Plan would vest. Further to the announcement made on 12 September 2019 that all conditions of the Final Offer were met, and the Final Offer was declared wholly unconditional.

 

Further details of each transaction are included in the table below.

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Kian Seng Tan

2.

Reason for the notification

a)

Position/status

Interim 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)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c)

Nature of the transaction

Vesting of a proportion of the final tranche of awards, comprising 6,029 shares under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan, granted on 15 August 2017 per the terms of the Final Offer

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

6,029

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Jonathon Grech

2.

Reason for the notification

a)

Position/status

SVP, Group General Counsel & Company Secretary

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c)

Nature of the transaction

Vesting of a proportion of the final tranche of awards, comprising 1,753 shares under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan, granted on 15 August 2017 per the terms of the Final Offer

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

1,753

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Clive Harrington

2.

Reason for the notification

a)

Position/status

Chief Commercial Officer

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c)

Nature of the transaction

Vesting of a proportion of the final tranche of awards, comprising 2,464 shares under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan, granted on 15 August 2017 per the terms of the Final Offer

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

2,464

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Lawrence Yip

2.

Reason for the notification

a)

Position/status

SVP, North Asia

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c)

Nature of the transaction

Vesting of a proportion of the final tranche of awards, comprising 1,609 shares under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan, granted on 15 August 2017 per the terms of the Final Offer

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

1,609

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Angela Ong

2.

Reason for the notification

a)

Position/status

Deputy 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)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c)

Nature of the transaction

Vesting of a proportion of the final tranche of awards, comprising 1,753 shares under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan, granted on 15 August 2017 per the terms of the Final Offer

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

1,753

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Clive Harrington

2.

Reason for the notification

a)

Position/status

Chief Commercial Officer

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c)

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 4 December 2018 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

14 December 2018

1

1,350

2

674

3

899

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

2,923

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Kian Seng Tan

2.

Reason for the notification

a)

Position/status

Interim 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)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c)

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 4 December 2018 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

14 December 2018

1

3,921

2

1,958

3

2,612

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

8,491

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Jonathon Grech

2.

Reason for the notification

a)

Position/status

SVP, Group General Counsel & Company Secretary

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c)

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 4 December 2018 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

14 December 2018

1

1,039

2

518

3

691

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

2,248

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Angela Ong

2.

Reason for the notification

a)

Position/status

Deputy 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)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

 b)

Identification code

GB0005622542

 c)

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 4 December 2018 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

14 December 2018

1

1,039

2

518

3

691

 

d)

Currency

Sterling

e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

2,248

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Lawrence Yip

2.

Reason for the notification

a)

Position/status

SVP, North Asia

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 4 December 2018 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

14 December 2018

1

895

2

447

3

596

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

1,938

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Kian Seng Tan

2.

Reason for the notification

a)

Position/status

Interim 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)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 9 August 2019 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

9 August 2019

1

323

2

162

3

216

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

701

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Yvonne Oo

2.

Reason for the notification

a)

Position/status

SVP, Human Resources

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 9 August 2019 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

9 August 2019

1

5

2

3

3

3

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

11

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Say Wee Koh

2.

Reason for the notification

a)

Position/status

SVP, Capital Projects & Technical Services

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 9 August 2019 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

9 August 2019

1

23

2

12

3

15

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

50

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Angela Ong

2.

Reason for the notification

a)

Position/status

Deputy 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)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 9 August 2019 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

9 August 2019

1

88

2

45

3

59

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

192

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Jonathon Grech

2.

Reason for the notification

a)

Position/status

SVP, Group General Counsel & Company Secretary

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 9 August 2019 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

9 August 2019

1

88

2

45

3

59

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

192

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Clive Harrington

2.

Reason for the notification

a)

Position/status

Chief Commercial Officer

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 9 August 2019 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

9 August 2019

1

116

2

58

3

78

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

252

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Lawrence Yip

2.

Reason for the notification

a)

Position/status

SVP, North Asia

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 9 August 2019 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

9 August 2019

1

73

2

37

3

49

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

159

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of a trading venue
       

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Edward Rohling

2.

Reason for the notification

a)

Position/status

SVP, Head of Asset Management North America

b)

Initial notification/ Amendment

Initial notification

3.

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

a)

Full Name of the Legal Enity

Millennium & Copthorne Hotels plc

b)

LEI

2138003EQ104LZ1JNH19

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 30p each

 

b)

Identification code

GB0005622542

c

Nature of the transaction

Vesting of a proportion of the first, second and third tranches of awards under the Millennium & Copthorne Hotels plc 2016 Executive Share Plan granted on 9 August 2019 per the terms of the Final Offer.

Please see below for further details:

Date of grant

Tranche

Number of shares in respect of which accelerated vesting applies

9 August 2019

1

9

2

5

3

6

 

d)

Currency

Sterling

 e)

Price(s) and volume(s)

 

Price(s)

Volume(s)

6.85

20

 

f)

Aggregated information

-     Aggregated volume

-     Price

See 4.e) above

 

g)

Date of the transaction

12 September 2019

h)

Place of the transaction

Outside of 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.
 
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