Computacenter - Director/PDMR Shareholding

June 26, 2025
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RNS Number : 6142O
Computacenter PLC
26 June 2025
 

 

Computacenter plc

Incorporated in England

Registration number: 03110569

LEI: 549300XSXUZ1I19DB105

ISIN: GB00BV9FP302

 

Computacenter plc

(the 'Company')

 

The following notifications are made under Article 19 of the Market Abuse Regulation ('MAR') relating to certain transactions in the shares of the Company by Directors of the Company, Persons Discharging Managerial Responsibilities ('PDMR') of the Company and Persons Closely Associated ('PCA') with the Directors and PDMRs.

 

Grant of Awards

 

The Company announces that on 24 June 2025, in accordance with the Rules of the Computacenter Share Plan 2025, the Company granted an award of nil-cost options (the 'RSP Award') over Ordinary Shares of 75/9 pence each in the capital of the Company ('Ordinary Shares'), to the following Director:

 

Director

Number of shares awarded1

Mr M J Norris (Director)

14,072

1 Calculated using a price of 2512.00 pence per Ordinary Share which is the average middle market closing quotation, as derived from the Daily Official List of the London Stock Exchange, over the period from 19 June 2025 to 23 June 2025, being the three trading days before the Date of Grant of the RSP Award

 

Conditions

The Directors will assess performance against a 'good practice' underpin for the period from 1 June 2025 to 1 June 2029 (the "Assessment Period"). The Directors will consider (in conjunction with any other matters they consider appropriate): (i) Whether there is a material weakness in the underlying financial health or sustainability of the business (considering factors such as revenue, gross profit, adjusted diluted EPS and adjusted net funds), (ii) Performance against Computacenter's key strategic, including both financial and non-financial, priorities, and (iii) Whether there has been a materially serious risk and/or reputational event. The Directors will assess performance against the underpin set out above at the end of the Assessment Period and consider whether a discretionary reduction (including down to zero) in the vesting of the RSP Award is required.

 

The RSP Award is subject to a one-year holding period following vesting. The vested RSP Award held during the holding period will include the right to receive dividend equivalents as shares.

 

The relevant FCA notification is set out below.

 

PDMR/PCA FCA Transaction Notification

 

 

1.

 

 

Details of Director/Person Discharging Managerial Responsibilities

 

 

 

 

Name

 

Michael John Norris

 

2.

 

Reason for the notification

 

 

2(a)

 

 

Position/Status

 

Chief Executive Officer

 

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 nil-cost option over Ordinary Shares under the rules of the Computacenter Share Plan 2025 (the 'RSP Award'). There is no price payable on the grant, vesting or exercise of the RSP Award. Vesting of the RSP Award is subject to the assessment of performance against an underpin over a four-year period. Any options vested under the RSP Award are subject to a one-year holding period before they can be exercised.

 

 

4(c)

 

 

Price(s) and Volume(s)

 

 

Price(s) (in GBP)

 

 

Volume(s)

 

nil

 

14,072

 

4(d)

 

 

Aggregated Information

 

Aggregated Volume and Price

 

 

 

 

nil

 

 

 

14,072

 

4(e)

 

 

Date of the transaction

 

 

2025-06-24

 

 

4(f)

 

 

Place of the transaction

 

 

Outside of a trading venue.

 

 

Enquiries:

 

Name:

Simon Pereira

Company Secretary



Address:

Computacenter plc

Hatfield Avenue

Hatfield

Hertfordshire

AL10 9TW

Telephone:

+44 (0) 7385 514 715

 

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