Company Announcements
Director/PDMR Shareholding
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By LSE RNS
21 March 2017
Notification of Directors' Interests
The following announcement and notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
1 Simon Pryce, Group Chief Executive, received a conditional share award on 17 March 2014 under the Company's 2006 Deferred Bonus Plan. The forfeiture provision attached to the conditional share award lifted on 17 March 2017.
53,312 conditional award shares, being the number of shares net of applicable tax, were released at nil cost to Mr Pryce today in accordance with the Plan Rules.
2 Simon Pryce received a conditional share award on 17 March 2014 under the Company's 2006 Long-Term Incentive Plan. The performance condition attaching to this conditional share award was recently tested and 23.3% of the award vested today.
58,552 conditional award shares, being the number of shares net of applicable tax, were released at nil cost to Mr Pryce today in accordance with the Plan Rules.
Mr Pryce's total beneficial holding including those of his connection persons before this notification was 1,000,308 shares, and as a result of the transactions set out above is 1,112,172 shares.
The form required under the EU Market Abuse Regulation follows.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Simon Pryce |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive |
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b) |
Initial Notification / Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
BBA Aviation plc |
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b) |
LEI |
2138001T2QEV5RXMFI32
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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 |
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a) |
Description of the financial instrument, type of instrument and Identification code |
Ordinary Shares ISIN: GB00B1FP8915 |
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b) |
Nature of transaction |
Vesting of 53,312 net of tax conditional award shares granted under the Deferred Bonus Plan and 58,552 net of tax conditional award shares granted under the Long-Term Incentive Plan |
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c) |
Price(s) and volume(s) |
53,312 shares acquired under the Deferred Bonus Plan at nil cost |
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58,552 shares acquired under the Long-Term Incentive Plan at nil cost |
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d) |
Aggregated information: Volume, Price |
111,864 shares acquired at nil cost |
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e) |
Date of the transaction |
21 March 2017 |
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f) |
Place of the transaction |
Outside a trading venue |
This information is provided by RNS
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