23 July
2020
LEI: 213800Z5WTW8QKOHWQ82
WINCANTON plc
Notification of
transactions by Persons Discharging Managerial Responsibilities
("PDMRs")
Wincanton plc (the “Company”) provides
notification of a Company’s Long Term Incentive Plan (LTIP) vesting
effected on 18 July 2020 relating to
the three below named PDMRs and their respective interests in the
ordinary shares of nominal value 10p each in the capital of the
Company ("Shares") (ISIN: GB0030329360).
The 2017 LTIP has vested at 59.4% based on the partial
achievement of the performance conditions as set out in the 2020
Annual Report and Accounts. The nil cost options were granted
on 18 July 2017 to Mr. Lawlor, Mr.
Fenton and Mr. Gifford.
Individual PDMR details are set out in the table below:
Name
and
position of PDMR |
Number of Options
awarded |
Adjustment for
achievement of performance conditions |
Number
of
Exercisable Options remaining |
Tim Lawlor,
Chief Financial Officer |
121,514 |
(49,335) |
72,179 |
Chris
Fenton,
Managing Director Specialist Services & Strategy |
36,215 |
(14,704) |
21,511 |
Richard
Gifford,
Group IT Director |
29,960 |
(12,164) |
17,796 |
The Options are now available for each participant to exercise at
any time up to 18 July 2027.
-Ends-
For further information please
contact:
Wincanton plc
Tel: 01249 710 000
Lyn Colloff, Company
Secretary
Buchanan
Tel: 020 7466 5000
Richard Oldworth/Vicky Hayns
Notes to Editors
About Wincanton
Wincanton is the largest British third-party logistics (3PL)
company, providing supply chain solutions to some of the world’s
most admired companies across a wide range of industries including
retail, construction, defence and energy.
As a trusted and respected business partner, we design and
implement services and solutions that range from setting up and
operating distribution networks, through to bonded warehouses,
technology hosting, container transport and storage. We strive for
operational excellence in everything we do.
We work hard to understand and respond to our customers’ needs,
build long-term relationships and use our skills and expertise to
deliver a smarter, added value service, every day. Our customers
rely on us to make their businesses operate more efficiently and to
gain a competitive advantage in their sector.
Key facts:
•
19,100 colleagues
•
200+ locations
•
Responsible for 3,500 vehicles
•
Revenue £1.1bn
•
5,500 drivers
•
14m sq ft of warehousing space