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RNS Number : 3830A
Morrison(Wm.)Supermarkets PLC
23 March 2017
 

23 March 2017

 

Wm Morrison Supermarkets plc

(the "Company")

 

Notification of Dealings in the Company's shares by Directors

 

The Company announces the following dealings in the Company's ordinary shares of 10p each ("Shares") undertaken by directors / persons discharging managerial responsibility ('PDMRs').

 

On 22 March 2017 the Company granted the following conditional awards ("Awards") under the Wm Morrison Supermarkets Long Term Incentive Plan ("LTIP"). The number of shares granted being calculated using a market price of 237.3 pence per share.

 

 

 

Name

 

Number of Shares under Award

David Potts

1,074,589

Trevor Strain

753,824


 

The Awards will vest on 22 March 2020, but only to the extent that certain performance criteria are met. 

 

No consideration is payable on the grant or vesting of the Awards. 

 

The Notification of Dealing Form can be found below.

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

Enquiries:

 

Andrew Kasoulis - Investor Relations                                    07785 343515

 

Julian Bailey - Media Relations                                              07969 061092

 

 



 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Potts

2

Reason for the notification

a)

Position/status

Chief Executive Officer 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Wm Morrison Supermarkets PLC

b)

LEI

213800IN6LSRGTZSOS29

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

Ordinary 10p Shares

 

ISIN: GB0006043169

b)

Nature of the transaction

Grant of nil-cost options under the rules of the 2007 Wm Morrison Supermarkets Long Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

237.3

1,074,589

d)

Aggregated information

 - Aggregated volume

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate Total

237.3

1,074,589

2,549,999.70

e)

Date of the transaction

22 March 2017

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Trevor Strain

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Wm Morrison Supermarkets PLC

b)

LEI

213800IN6LSRGTZSOS29

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

Ordinary 10p Shares

 

ISIN: GB0006043169

b)

Nature of the transaction

Grant of nil-cost options under the rules of the 2007 Wm Morrison Supermarkets Long Term Incentive Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

237.3

753,824

d)

Aggregated information

 - Aggregated volume

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate Total

237.3

753,824

£1,788,824.35

e)

Date of the transaction

22 March 2017

f)

Place of the transaction

Outside a trading venue

 

 

End


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