Last checked at 26 Nov 2015 12:37
COMPASS GROUP PLC: DIRECTOR/PDMR SHAREHOLDINGS
Compass Group PLC (the "Company") announces the following changes in the interests of Directors and Persons Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 5/8 pence each in the share capital of the Company ("Shares").
1. Long Term Incentive Plan Release
Following satisfaction of 85% of the Total Shareholder Return, 78% of the Adjusted Free Cash Flow and 74% of the Return on Capital Employed performance conditions in the three years ended 30 September 2015, awards made on 12 February 2013 under The Compass Group Long Term Incentive Plan 2010 ("LTIP") vested at 79% and the following Shares were released and issued on 25 November 2015:
Name | Director / PDMR | Number of shares awarded | Number of Shares vested |
Dominic Blakemore | Director | 92,664 | 73,203 |
Richard Cousins | Director | 248,517 | 196,327 |
Gary Green | Director | 142,728 | 112,754 |
Andrew Martin | Director | 125,481 | 99,128 |
Andrew Furlong | PDMR | 84,771 | 66,968 |
Philippe Op de Beeck | PDMR | 55,692 | 43,995 |
Johnny Thomson | PDMR | 11,841 | 9,352 |
Mark White | PDMR | 69,306 | 54,750 |
The Shares noted below were sold on 25 November 2015 at 1107.3513 pence per Share in order to realise sufficient funds to settle resultant tax and social security liabilities arising from such issue:
Name | Number of Shares sold |
Dominic Blakemore | 33,623 |
Richard Cousins | 89,995 |
Gary Green | 52,455 |
Andrew Martin | 45,439 |
Andrew Furlong | 33,865 |
Mark White | 25,097 |
A further 106,332 Shares were disposed by Mr Cousins, 60,299 Shares by Mr Green, 53,689 Shares by Mr Martin, 28,147 Shares by Mr Furlong and 14,852 Shares by Mr White, all at the same time and at the same price, 1107.3513 pence per Share.
Resultant Shareholdings
Following the transactions detailed above, total interests in Shares for the Directors and PDMRs noted above are as shown below:
Name | Number of Shares | Percentage of Issued Share Capital |
Dominic Blakemore | 100,546 | 0.00612 |
Richard Cousins | 1,515,815 | 0.09222 |
Gary Green | 365,819 | 0.01313 |
Andrew Martin | 500,000 | 0.03042 |
Andrew Furlong | 176,913 | 0.01076 |
Philippe Op de Beeck | 90,431 | 0.00550 |
Johnny Thomson | 47,635 | 0.00290 |
Mark White* | 325,121 | 0.01978 |
\* The amount of 325,121 Shares above are registered in the name of Mrs M B White.
ENDS
Enquiries:
Compass Group PLC
+44 (0)1932 573000
Investors/Analysts: Mark J White, General Counsel & Company Secretary
Sandra Moura, Head of Investor Relations
Note to Editors: Compass Group PLC is a world-leading food and support services company, which generated annual revenues of £17.8 billion in the year to 30 September 2015. It operates in over 50 countries, employs over 500,000 people and serves over 5 billion meals every year. The Company specialises in providing food and a range of support services across the core sectors of Business & Industry, Healthcare & Seniors, Education, Defence, Offshore & Remote, Sports & Leisure and Vending with an established brand portfolio.