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Investors

Press Release

Director/PDMR Shareholding

July 5, 2017 at 11:30 AM EDT
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RNS Number : 1930K
Computacenter PLC
05 July 2017
 

 

 

Computacenter plc

Incorporated in England

Registration number: 03110569

LEI: 549300XSXUZ1I19DB105

ISIN: GB00BV9FP302

 

Computacenter plc

(the 'Company')

 

The following notification is made under article 19 of the Market Abuse Regulation ('MAR') relating to certain transactions in the shares of the Company by Persons Discharging Managerial Responsibilities ('PDMR') of the Company.

 

Grant of Awards

 

The Company announces that on 04 July 2017, in accordance with the rules of the Computacenter Performance Share Plan 2005 (the 'PSP'), the Company granted conditional awards over Ordinary Shares of 75/9 pence each, to the following PDMR:

 

PDMR

Number of shares awarded1

 

 

Mr Andrew Stafford

62,150

 

1 Calculated using the middle market quotation of 804.5 pence as derived from the Daily Official List of the London Stock Exchange on 03 July 2017, being the day before the date of grant of the award.

 

Performance Criteria

No consideration was paid for the grant of the PSP awards which are structured as nil cost options, and which shall ordinarily vest and become exercisable by the participant listed above, subject to the satisfaction of the performance conditions set by the Remuneration Committee of the Company which are based on (i) the Group's compound annual EPS growth rate, commencing on 1 January 2017 and ending on 31 December 2019 (the 'Performance Period') and (ii) the compound annual growth rate of the Group's Services Revenue over the Performance Period.

 

The awards set out above will be satisfied out of shares held by the 2011 Computacenter Employee Benefit Trust.  The relevant FCA notifications are set out below.

 

 

PDMR FCA Transaction Notification

 

 

1.

 

 

Details of Person Discharging Managerial Responsibilities

 

 

 

 

Name

 

Andrew Stafford

 

2.

 

Reason for the notification

 

 

2(a)

 

 

Position/Status

 

Group Director of Services

 

2(b)

 

 

Initial Notification/

Amendment

 

 

Initial Notification

 

3.

 

 

Details of the issuer

 

 

3(a)

 

 

Name

 

Computacenter plc

 

3(b)

 

 

LEI

 

549300XSXUZ1I19DB105

 

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 transaction(s) have been conducted

 

 

4(a)

 

 

Description of the financial instrument

 

 

Ordinary shares of 7 5/9 pence in Computacenter plc ('Ordinary Shares')

 

ISIN: GB00BV9FP302

 

 

4(b)

 

 

Nature of Transaction

 

 

Grant of a conditional award over Ordinary Shares under the Computacenter Performance Share Plan 2005 (the 'PSP'). There is no price payable on the grant or exercise of the award.  Vesting is subject to the achievement of performance conditions over a three year period.

 

 

4(c)

 

 

Price(s) and Volume(s)

 

 

Price(s) (in GBP)

 

 

Volume(s)

 

nil

 

62,150

 

4(d)

 

 

Aggregated Information

 

Aggregated Volume and Price

 

 

 

 

nil

 

 

 

62,150

 

4(e)

 

 

Date of the transaction

 

 

04-07-2017

 

 

4(f)

 

 

Place of the transaction

 

 

Outside of a trading venue.

 

 

 

Enquiries:

 

Name:

Shaheer Haque

 

Deputy Company Secretary

Address:

Computacenter plc

Hatfield Avenue

Hatfield

Hertfordshire

AL10 9TW

 

 

Telephone:

01707 631 000

 


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