NXG.L

NEX Group plc
NEX Group PLC - Director/PDMR Shareholding
2nd November 2018, 15:22
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 : 2399G
NEX Group PLC
02 November 2018
 

NEX Group plc (the Company)

Person discharging managerial responsibility (PDMR) shareholding

On 1 November 2018, the Company was notified that ordinary shares of 17.5p each in the Company were transferred to Michael Spencer, a PDMR, following the vesting of awards and exercise of options as follows:

 

- 295,515 shares, at nil cost, under the ICAP plc Deferred Share Bonus Plan;

- 273,938 shares, at nil cost, under the NEX Group plc 2016 Deferred Share Bonus Plan;

- 391,122 shares, at nil cost, under the ICAP plc Performance Share Plan;

- 436,059 shares, at nil cost, under the NEX Group plc 2016 Performance Share Plan; and

- 3,516,558 options, at a total exercise price of £6.00, under the ICAP 2003 Bonus Share Matching Plan.

 

Following the above transactions, the parties below have the following interests in NEX Group plc shares:

- Michael Spencer 5,130,710 ordinary shares (this includes shares held in the NEX Group Employee Share Trust) and 57,142 ordinary shares via a contract for difference;

- Mrs Sarah Spencer 53,000 ordinary shares;

- IPGL Limited 1,303,356 ordinary shares and 199,999 ordinary shares via a contract for difference;

- INCAP Finance BV 34,874,663 ordinary shares (9.146%); and

- INCAP Overseas BV 26,672,143 ordinary shares (6.995%).

Michael Spencer owns a majority shareholding in IPGL (Holdings) Limited and is deemed to be interested in all the shares in NEX Group plc held by IPGL Limited, INCAP Finance BV and INCAP Overseas BV, which are wholly owned subsidiaries of IPGL (Holdings) Limited.

Michael Spencer has a total interest in 68,291,013 NEX Group plc shares, 17.91% based on total voting rights of 381,301,332 (prior to these transactions it was 17.616%).

 

NEX Group plc

2 November 2018

 

Contact:

 

Victoria Mellor

Group Head of Marketing and Communications

Tel: +44 20 7029 9074

Alex Dee

Head of Investor Relations

Tel: +44 20 7050 7420

 


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.
 
END
 
 
DSHEASFAEFNPFFF ]]>
TwitterFacebookLinkedIn