8 Nov 2018 14:15
MENZIES(JOHN) PLC - Director/PDMR ShareholdingMENZIES(JOHN) PLC - Director/PDMR Shareholding
PR Newswire
London, November 8
John Menzies plc(the “Company”)
8 November 2018
Notification of Transactions by Persons Discharging Managerial Responsibilities (“PDMRs”)
Chairman’s Award 2018
As stated in the Combined Prospectus and Circular issued by the Company on 16 September 2016, the Company’s Remuneration Committee determined that it would be appropriate for part of the Company's fee arrangement with Dr Dermot Smurfit for his services as Chairman of the Company to be a cash fee satisfied by way of the issue of up to 20,000 ordinary shares of £0.25 each in the Company (“Ordinary Shares”), issued on an annual basis for three years (the “Chairman’s Award”).
The following award has been made in satisfaction of the Chairman’s Award in respect of FYE 31 December 2018 and the following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Dr Dermot Smurfit | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chairman of the Company | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | John Menzies plc | ||||
| b) | LEI | 5493008LNN1X4R79PJ89 | ||||
| 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 |
| ||||
| b) | Nature of the transaction | Acquisition of Ordinary Shares. | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information
| 20,000 514.6 pence | ||||
| e) | Date of the transaction | 2018-11-08 | ||||
| f) | Place of the transaction | Outside of trading venue | ||||
For further information please contact:
| John Geddes Group Company Secretary & Director of Corporate Affairs | +44 (0) 131 459 8018 |