ContourGlobal plc
("ContourGlobal" or "the Company")
Notification of transactions by persons discharging managerial responsibilities or persons closely associated with them in accordance with the Market Abuse Regulations.
In connection with the recommended cash acquisition by Cretaceous Bidco Limited of the entire issued and to be issued ordinary share capital of ContourGlobal, on 16 December 2022 (or 20 December 2022 in respect of Joseph C. Brandt's deferred bonus award), the performance share awards granted for the grant periods 2020 to 2023, for 2021 to 2024, and for 2022 to 2025 granted on 11 August 2020, 17 May 2021 and 11 August 2022 respectively under the Company's Long Term Incentive Plan (the 'Plan'), and the deferred bonus awards granted under the Plan, vested over such number of shares in the Company as set out in the table below. Stefan Schellinger also exercised vested performance share awards granted on 17 June 2019 on the same date.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Joseph C. Brandt |
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|
2 |
Reason for Notification |
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a) |
Position/status |
President and Chief Executive Officer |
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|
b) |
Initial notification/Amendment |
Initial Announcement |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
ContourGlobal plc |
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|
b) |
LEI |
5493002I3A4J5TFOR115 |
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|
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 |
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|
a) |
Description of the financial instrument, type of instrument |
Ordinary Shares of
|
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|
|
Identification code |
GB00BF448H58 |
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|
b) |
Nature of the transaction |
Vesting of Performance Share Awards under the ContourGlobal plc Long Term Incentive Plan.
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|
c) |
Price(s) and volume(s) |
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|
d) |
Aggregated information - Aggregated volume - Price |
961,173 Nil |
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|
e) |
Date of the transaction |
2022 12 16 |
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|
f) |
Place of the transaction |
Outside a trading venue (XOFF) |
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|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||||
|
a) |
Name |
Joseph C. Brandt |
||||||
|
2 |
Reason for Notification |
|||||||
|
a) |
Position/status |
President and Chief Executive Officer |
||||||
|
b) |
Initial notification/Amendment |
Initial Announcement |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
ContourGlobal plc |
||||||
|
b) |
LEI |
5493002I3A4J5TFOR115 |
||||||
|
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 |
Ordinary Shares of
|
||||||
|
|
Identification code |
GB00BF448H58 |
||||||
|
b) |
Nature of the transaction |
Vesting of a deferred bonus award under the ContourGlobal plc Long Term Incentive Plan.
|
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
175,126 Nil |
||||||
|
e) |
Date of the transaction |
2022 12 20 |
||||||
|
f) |
Place of the transaction |
Outside a trading venue (XOFF) |
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|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||||||||||||||||||||||||||
|
a) |
Name |
Stefan Schellinger |
|||||||||||||||||||||||||||
|
2 |
Reason for Notification |
||||||||||||||||||||||||||||
|
a) |
Position/status |
Chief Financial Officer |
|||||||||||||||||||||||||||
|
b) |
Initial notification/Amendment |
Initial Announcement |
|||||||||||||||||||||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||||||||||||||||||||||||||
|
a) |
Name |
ContourGlobal plc |
|||||||||||||||||||||||||||
|
b) |
LEI |
5493002I3A4J5TFOR115 |
|||||||||||||||||||||||||||
|
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 |
Ordinary Shares of
|
|||||||||||||||||||||||||||
|
|
Identification code |
GB00BF448H58 |
|||||||||||||||||||||||||||
|
b) |
Nature of the transaction |
Vesting and exercise of Performance Share Awards and Deferred Bonus Awards under the ContourGlobal plc Long Term Incentive Plan.
|
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information - Aggregated volume - Price |
1,165,990 Nil |
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|
e) |
Date of the transaction |
2022 12 16 |
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|
f) |
Place of the transaction |
Outside a trading venue (XOFF) |
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On behalf of LDC Nominees Secretary Limited
Company Secretary
20 December 2022
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