LTIP Awards

Released : 09.08.2017

RNS Number : 5377N
Conviviality PLC
09 August 2017
 

09 August 2017

Conviviality Plc
(the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

Conviviality Plc (AIM: CVR), the UK's leading independent wholesaler and distributor of alcohol and impulse serving consumers through its Franchised retail outlets and through hospitality and food service, announces the following awards over ordinary shares of £0.0002 each in the Company ("Ordinary Shares") under the Conviviality Plc Long Term Incentive Plan 2016 ("2016 LTIP").

 

PDMR

Number of Ordinary Shares subject to the Award

Effective date of grant

Diana Hunter

182,335

08 August 2017

Andrew Humphreys

97,246

08 August 2017

David Robinson

118,315

08 August 2017

Mark Aylwin

121,557

08 August 2017

The awards will ordinarily vest in three years' time subject to the grantee's continued service and to the extent to which earnings per share and total shareholder return performance conditions set for the awards are satisfied.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Diana Hunter

 

2

Reason for the notification

a)

Position/status

CEO

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Conviviality Plc


b)

LEI

213800QZEVZPBN5XA643

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  £0.0002 each

 

 

 


GB00BC7H5F74

b)

Nature of the transaction

Grant of a Share Award under the 2016 LTIP. The awards will ordinarily vest in three years' time subject to the grantee's continued service and to the extent to which earnings per share and total shareholder return performance conditions set for the awards are satisfied.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil

 182,335

 

d)

Aggregated information

 

 Price(s)

Volume(s)

 Nil

 182,335

 

e)

Date of the transaction

08 August 2017

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Humphreys

 

2

Reason for the notification

a)

Position/status

CFO

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Conviviality Plc


b)

LEI

213800QZEVZPBN5XA643

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  £0.0002 each

 

 

 


GB00BC7H5F74

b)

Nature of the transaction

Grant of a Share Award under the 2016 LTIP. The awards will ordinarily vest in three years' time subject to the grantee's continued service and to the extent to which earnings per share and total shareholder return performance conditions set for the awards are satisfied.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil

 97,246

 

d)

Aggregated information

 

 Price(s)

Volume(s)

 Nil

 97,246

 

e)

Date of the transaction

08 August 2017

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Robinson

 

2

Reason for the notification

a)

Position/status

Managing Director, Conviviality Retail

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Conviviality Plc


b)

LEI

213800QZEVZPBN5XA643

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  £0.0002 each

 

 

 


GB00BC7H5F74

b)

Nature of the transaction

Grant of a Share Award under the 2016 LTIP. The awards will ordinarily vest in three years' time subject to the grantee's continued service and to the extent to which earnings per share and total shareholder return performance conditions set for the awards are satisfied.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil

 118,315

 

d)

Aggregated information

 

 Price(s)

Volume(s)

 Nil

 118,315

 

e)

Date of the transaction

08 August 2017

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Aylwin

 

2

Reason for the notification

a)

Position/status

Managing Director, Conviviality Direct

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Conviviality Plc


b)

LEI

213800QZEVZPBN5XA643

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  £0.0002 each

 

 

 


GB00BC7H5F74

b)

Nature of the transaction

Grant of a Share Award under the 2016 LTIP. The awards will ordinarily vest in three years' time subject to the grantee's continued service and to the extent to which earnings per share and total shareholder return performance conditions set for the awards are satisfied.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil

 121,557

 

d)

Aggregated information

 

 Price(s)

Volume(s)

 Nil

 121,557

 

e)

Date of the transaction

08 August 2017

f)

Place of the transaction

London Stock Exchange

 

Enquiries:

Conviviality Plc                                                                                 Tel: 01270 614 700
Diana Hunter, Chief Executive Officer
Andrew Humphreys, Chief Financial Officer

Investec (Nominated Adviser and Broker)                           Tel: 020 7597 5970
Garry Levin / David Flin / Daniel Adams

FTI Consulting                                                                                   Tel: 020 3727 1000
Jonathon Brill / Georgina Goodhew / Fiona Walker

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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