TIDMSNN

RNS Number : 7918M

Sanne Group PLC

13 May 2020

13 May 2020

Sanne Group plc

( SANNE or the Company )

Correction to grant of share awards

The following correction is being made to the 'Grant of share awards' announcement released on 22 April 2020 under RNS number 4996K (the Initial Announcement).

Under the Initial Announcement, the Company had incorrectly stated that it had awarded 6,136 deferred shares to Martin Schnaier under the Company's 2019 Annual Bonus Plan (ABP). Martin was actually awarded 5,868 deferred shares under the ABP with a grant date of 20 April 2020. In accordance with the rules of the ABP, 50% of any bonus earned is deferred into shares for three years.

All other details contained within the Initial Announcement, including the number of shares awarded to Martin under the Company's Performance Share Plan, remain unchanged.

 
 1.     Details of the person discharging managerial responsibilities/person 
         closely associated 
 (a)    Name                          Martin Schnaier 
       ----------------------------  ----------------------------------------------------- 
 2.     Reason for the notification 
       ----------------------------------------------------------------------------------- 
 (a)    Position/status               Chief Executive Officer and PDMR 
       ----------------------------  ----------------------------------------------------- 
 (b)    Initial notification/         Amendment 
         Amendment 
       ----------------------------  ----------------------------------------------------- 
 3.     Details of the issuer 
       ----------------------------------------------------------------------------------- 
 (a)    Name                          Sanne Group plc 
       ----------------------------  ----------------------------------------------------- 
 (b)    LEI                           2138005UBLKEZRITH576 
       ----------------------------  ----------------------------------------------------- 
 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            Ordinary shares of GBP0.01 each 
         Financial Instrument          ISIN: JE00BVRZ8S85 
       ----------------------------  ----------------------------------------------------- 
 (b)    Nature of the transaction     Grant of shares under the Sanne Group 
                                       plc Annual Bonus Plan 
       ----------------------------  ----------------------------------------------------- 
 (c)    Price(s) and volume(s)        Price(s)                    Volume(s) 
                                     --------------------------  ------------------------- 
   Nil                                                            5,868 
  -------------------------------------------------------------  ------------------------- 
 
 (d)    Aggregated information        Aggregated price            Aggregated volume 
       ----------------------------  --------------------------  ------------------------- 
   N/A (single transaction)                                       N/A (single transaction) 
  -------------------------------------------------------------  ------------------------- 
 
 (e)    Date of the transaction       2020-04-20 
       ----------------------------  ----------------------------------------------------- 
 (f)    Place of the transaction      Outside a trading venue 
       ----------------------------  ----------------------------------------------------- 
 
 

Enquiries:

 
 Sanne Group plc                  +44 (0) 20 3911 1048 
 Ian Portal, Company Secretary 
 

About SANNE

SANNE is a leading global provider of alternative asset and corporate services. Established for over 30 years and listed on the Main Market of the London Stock Exchange and a member of the FTSE 250 index, SANNE employs more than 1,700 people worldwide and administers structures and funds that have in excess of GBP250 billion of assets.

Key clients include alternative asset managers, financial institutions, family offices, ultra-high net-worth individuals and corporates.

SANNE operates from a global network of offices located in leading financial jurisdictions, which are spread across the Americas, Europe, Africa and Asia-Pacific.

www.sannegroup.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHAJMMTMTIBBPM

(END) Dow Jones Newswires

May 13, 2020 07:00 ET (11:00 GMT)

Grafico Azioni Sanne (LSE:SNN)
Storico
Da Ago 2020 a Set 2020 Clicca qui per i Grafici di Sanne
Grafico Azioni Sanne (LSE:SNN)
Storico
Da Set 2019 a Set 2020 Clicca qui per i Grafici di Sanne