Sanne Group PLC Director/PDMR Shareholding (6661V)
09 Aprile 2019 - 5:05PM
UK Regulatory
TIDMSNN
RNS Number : 6661V
Sanne Group PLC
09 April 2019
Sanne Group plc
9 April 2019
Sanne Group plc
("SANNE" or "the Company")
Director/PDMR Shareholding
In accordance with the requirements of Market Abuse Regulation
Article 19, SANNE announces that, on 30 March 2019, the vesting of
shares previously awarded under the Company's Performance Share
Plan were made to Dean Godwin and Martin Schnaier, each an
Executive Director of the Company, as follows:
Number Dividend Total vesting Shares sold Released
of shares equivalent for tax and amount
vesting shares expenses
Dean Godwin 66,192 4,183 70,375 0* 70,375
----------- ------------ -------------- ------------ --------
Martin
Schnaier 28,024 1,771 29,795 14,040 15,755
----------- ------------ -------------- ------------ --------
*Dean Godwin will settle the taxes associated with his award
directly and these will be reported on his individual tax
return.
No consideration was paid for the vesting of the awards which
are structured as conditional share awards.
Details are set out below:
1. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Dean Godwin
----------------------------- ------------------------------------------------------
2. Reason for the notification
-------------------------------------------------------------------------------------
(a) Position/status Chief Executive Officer
----------------------------- ------------------------------------------------------
(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 Ordinary shares of GBP0.01 each
the Financial Instrument ISIN: JE00BVRZ8S85
----------------------------- ------------------------------------------------------
(b) Nature of the transaction Vesting of shares awarded under
the Sanne Group plc Performance
Share Plan
----------------------------- ------------------------------------------------------
(c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------- --------------------------
Nil 70,375
-------------------------------------------------------------- --------------------------
(d) Aggregated information Aggregated price Aggregated volume
----------------------------- -------------------------- --------------------------
N/A (single transaction) N/A (single transaction)
-------------------------------------------------------------- --------------------------
(e) Date of the transaction 2019-03-30
----------------------------- ------------------------------------------------------
(f) Place of the transaction Outside a trading venue
----------------------------- ------------------------------------------------------
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 Designate
----------------------------- ------------------------------------------------------
(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 Ordinary shares of GBP0.01 each
the Financial Instrument ISIN: JE00BVRZ8S85
----------------------------- ------------------------------------------------------
(b) Nature of the transaction Vesting of shares awarded under
the Sanne Group plc Performance
Share Plan
----------------------------- ------------------------------------------------------
(c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------- --------------------------
Nil 15,755
-------------------------------------------------------------- --------------------------
(d) Aggregated information Aggregated price Aggregated volume
----------------------------- -------------------------- --------------------------
N/A (single transaction) N/A (single transaction)
-------------------------------------------------------------- --------------------------
(e) Date of the transaction 2019-03-30
----------------------------- ------------------------------------------------------
(f) Place of the transaction Outside a trading venue
----------------------------- ------------------------------------------------------
For and on behalf of Sanne Group plc
Enquiries:
Sanne Group plc
Ian Portal, Group Company +44 (0) 20 3911
Secretary 1048
Tulchan Communications LLP +44 (0) 20 7353
Tom Murray 4200
Notes:
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 1,400 people worldwide and
administers structures and funds that have in excess of GBP240
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
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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
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