26 November 2020
WINCANTON PLC
(“Wincanton” or the “Company”)
Notification of
transaction by Persons Discharging Managerial Responsibilities
("PDMR")
Wincanton announces that it has received due notice of exercise
in respect of an option granted to Mr Tim Lawlor,
Chief Financial Officer of the Group, under the Group's 2017 Long
term Incentive Plan ("LTIP"). The option was exercised in
respect of 72,179 Ordinary Shares of 10p each ("Shares") at nil
cost. The exercise has settled on a net settlement basis,
resulting in the delivery to Tim
Lawlor of 38,254 shares. Following this exercise, the
resulting 38,254 shares have been immediately transferred to
Tim Lawlor's wife, Tanya Lawlor, at nil cost. Mr Lawlor and
his wife's total shareholding in the Group will be 184,147 Ordinary
Shares. This represents 0.148% of the Group's total issued share
capital.
The Notification of Dealing Forms for the PDMR and PCA can be
found below. The information contained within this announcement is
deemed to constitute inside information as stipulated under the
Market Abuse Regulation (EU) No. 596/2014. Upon the
publication of this announcement, this inside information is now
considered to be in the public domain.
Notification and public disclosure of
transactions by persons discharging managerial responsibilities and
persons closely associated with them
1 |
Details
of the person discharging managerial responsibilities / person
closely associated |
a) |
Name |
Tim Lawlor |
2 |
Reason
for the notification |
a) |
Position/status |
Chief Financial
Officer, PDMR |
b) |
Initial
notification/Amendment |
Initial
Notification |
3 |
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor |
a) |
Name |
Wincanton
plc |
b) |
LEI |
213800Z5WTW8QKOHWQ82 |
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 shares of 10p each
ISIN: GB0030329360 |
b) |
Nature of the
transaction |
Exercise of Option
Exercise of a nil-cost option over 72,179 ordinary shares. The
exercise has been settled on a net settlement basis, resulting in
the delivery of 38,254 shares.
Transfer of Shares
Transfer of 38,254 shares to Tanya Lawlor for nil cost |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
£NIL |
38,254 |
|
d) |
Aggregated
information |
N/A Single
transaction |
e) |
Date of the
transaction |
24 November
2020 |
f) |
Place of the
transaction |
Outside a trading
venue |
1 |
Details
of the person discharging managerial responsibilities / person
closely associated |
a) |
Name |
Tanya
Lawlor |
2 |
Reason
for the notification |
a) |
Position/status |
Person closely
associated with Tim Lawlor, Chief Financial Officer
(PDMR) |
b) |
Initial
notification/Amendment |
Initial
Notification |
3 |
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor |
a) |
Name |
Wincanton
plc |
b) |
LEI |
213800Z5WTW8QKOHWQ82 |
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
shares of 10p each
ISIN: GB0030329360 |
b) |
Nature of the
transaction |
Acquisition of 38,254
ordinary shares for nil consideration from spouse |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
£NIL |
38,254 |
|
d) |
Aggregated
information |
N/A Single
transaction |
e) |
Date of the
transaction |
24 November
2020 |
f) |
Place of the
transaction |
Outside a trading
venue |
For further information please
contact:
Wincanton plc
Tel: +44 1249 710000
Lyn Colloff, Company
Secretary
Headland
Tel:
+44 20 3805 4822
Susanna Voyle/ Henry Wallers/
Jane Glover
E: wincanton@headlandconsultancy.com
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.