TIDMSNN

RNS Number : 9427Y

Sanne Group PLC

14 September 2020

14 September 2020

Sanne Group plc

( Sanne or the Company )

Director/PDMR Shareholding

On 11 September 2020 the Company was notified that Mark Law, Chief Commercial Officer, acquired 7,059 shares which vested under the terms of award granted as part of the Company's 2017 Restricted Share Award.

No consideration was paid for the shares, which have vested following the satisfaction of performance conditions set by the Remuneration Committee of the Company. Mark elected not to sell shares in order to satisfy the associated tax liability.

 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                        Mark Law 
      --------------------------  ---------------------------------------------------- 
 2.    Reason for the notification 
      -------------------------------------------------------------------------------- 
 (a)   Position/status             Chief Commercial Officer and PDMR 
      --------------------------  ---------------------------------------------------- 
 (b)   Initial notification/       Initial notification 
        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   Vesting of shares under the Sanne 
                                    Group plc Performance Share Plan. 
      --------------------------  ---------------------------------------------------- 
 (c)   Price(s) and volume(s)      Exercise of shares vested under the 
                                    Sanne Group plc 2017 Restricted Share 
                                    Award 
      --------------------------  ---------------------------------------------------- 
                                   Price(s) - Nil             Volume(s) - 7,059 
      --------------------------  -------------------------  ------------------------- 
 
 (d)   Aggregated information      Aggregated price           Aggregated volume 
      --------------------------  -------------------------  ------------------------- 
                                   N/A (single transaction)   N/A (single transaction) 
      --------------------------  -------------------------  ------------------------- 
 
 (e)   Date of the transaction     2020-09-11 
      --------------------------  ---------------------------------------------------- 
 (f)   Place of the transaction    London Stock Exchange (XLON) 
      --------------------------  ---------------------------------------------------- 
 

Enquiries:

 
 Sanne Group plc 
 Ian Portal, Company Secretary    +44 (0) 20 3327 9720 
 

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 1,800 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 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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUSRVRRWUKAAR

(END) Dow Jones Newswires

September 14, 2020 11:10 ET (15:10 GMT)

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