RNS Number : 2168E
Superdry PLC
16 October 2018
SuperdryPlc
("Superdry" or "the Company")
16 October 2018
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")
Superdry Performance Share Plan ("PSP"): Vesting of 2015 Conditional Share Awards
On 15 October 2018, the conditional share award granted over the ordinary shares of 5 pence each ("Ordinary Shares") in the capital of Superdry on 15 October 2015 under the Superdry 2015 PSP, vested in accordance with the PSP rules at 100 per cent.
The PDMR named below received 25,606 Ordinary Shares in satisfaction of the vesting of their award under the 2015 PSP. In order to settle the income tax, national insurance liability and dealing charges incurred as a result of their award vesting they subsequently sold 12,078 Ordinary Shares, retaining the balance of 13,528 Ordinary Shares.
The PDMRs notified the Company of the above transaction on 16 October 2018.
The Company makes this announcement, including the notification(s) below, in accordance with the requirements of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Paula Kerrigan | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Strategy and Transformation Director /PDMR
| ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Superdry Plc | ||||
b)
| LEI
| 213800GAQMT2WL7BW361 | ||||
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 5 pence each
ISIN: GB00B60BD277
| ||||
b)
| Nature of the transaction
| Vesting of conditional share award under the Superdry 2015 Performance Share Plan.
Shares acquired and then sold. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
|
| ||||
e)
| Date of the transaction
| 15 October 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
For further information:
| |
Superdry Plc | |
Simon Callander Group General Counsel and Company Secretary | 44 (0) 1242 586643 |
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