RNS Number : 3319Y
Superdry PLC
20 August 2018
 

SuperdryPlc

 

 ("Superdry" or "the Company")

 

20 August 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 14 August 2018, the conditional share awards granted over the ordinary shares of 5 pence each ("Ordinary Shares") in the capital of Superdry on 14 August 2015 under the Superdry 2015 PSP, vested in accordance with the PSP rules at 100 per cent.  The PDMRs named below received in satisfaction of the vesting of their awards under the 2015 PSP, and subsequently sold, the number of Ordinary Shares set out against their names in the table immediately below.  In the cases of Andrea Cartwright, Chris Lacey and Euan Sutherland the proceeds of the shares sold were used to settle the income tax, national insurance liability and dealing charges incurred as a result of their awards vesting. The balance of shares retained by the PDMRs is also set out in the table.

 


Number of Ordinary Shares

Name / Position of PDMR

Acquired under 2015 PSP

Sold at £11.26495 per share

Retained

Andrea Cartwright - Group HR Director

21,384

10,086

11,298

Chris Lacey - Digital Director

7,377

3,480

3,897

Euan Sutherland - Chief Executive Officer

96,228

45,387

50,841

Jon Wragg - Global Trading Director

25,660

25,660

-

 

The transactions were notified to the Company by the PDMRs on 16 August 2018.

 

This announcement, including the notification(s) below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

1.   Andrea Cartwright

2.   Chris Lacey

3.   Euan Sutherland

4.   Jon Wragg

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

1.   Group HR Director/PDMR

2.   Digital Director/PDMR

3.   Chief Executive Officer/PDMR

4.   Global Trading 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 awards under the Superdry 2015 Performance Share Plan.

 

Shares acquired and then sold.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1.i. Acquired

1.ii. Sold at £11.26495

 

2.i. Acquired

2.ii. Sold at £11.26495

 

3.i. Acquired

3.ii. Sold at £11.26495

 

4.i. Acquired

4.ii. Sold at £11.26495

1.i. 21,384

1.ii. 10,086

 

2.i. 7,377

2.ii. 3,480

 

3.i. 96,228

3.ii. 45,387

 

4.i. 25,660

4.ii. 25,660

d)

 

Aggregated information

 

 

      

Price(s)

 

Aggregated volume (s)

1. £113,618.29

2. £39,202.03

3. £511,282.29

4. £289,058.62

 

1. 10,086

2. 3,480

3. 45,387

4. 25,660

 

e)

 

Date of the transaction

 

       15 August 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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