Marshall Motor Holdings PLC Grant of options (0132V)
28 Novembre 2019 - 11:59AM
UK Regulatory
TIDMMMH
RNS Number : 0132V
Marshall Motor Holdings PLC
28 November 2019
28 November 2019
MARSHALL MOTOR HOLDINGS PLC
("MMH" or the "Company")
Grant of options under Marshall Motor Holdings Plc Performance
Share Plan
Marshall Motor Holdings plc, one of the UK's leading automotive
retail groups, announces that on 28 November 2019 the following
directors and persons discharging managerial responsibilities
("PDMR") were granted nil cost options under the rules of the
Marshall Motor Holdings Plc Performance Share Plan ("PSP") to
acquire ordinary shares of 64p each in the Company ("Ordinary
Shares") as follows:
Number of Ordinary
Director/PDMR Position Shares under option Exercise price
Daksh Gupta Chief Executive 223,842 GBPNil
Officer
Richard Blumberger Chief Financial 102,632 GBPNil
Officer
Jamie Crowther Operations Director 35,088 GBPNil
Jon Head Commercial Director 28,070 GBPNil
Stephen Jones Company Secretary 35,088 GBPNil
The vesting date of the options will be 28 November 2022, being
the third anniversary of the award date. Shares acquired will then
be subject to a holding period until the announcement by the
Company of its 2022 annual results.
These options are subject to the rules of the PSP and will vest
dependent upon continued employment and subject to the Remuneration
Committee being satisfied that there has been no material
deterioration in the Company's performance which significantly
departs from any market deterioration.
Details of the full notifications received by the Company are
set out below:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Daksh Gupta
------------------------ ------------------------------------------------
2 Reason for notification
--------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------ ------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------ ------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Marshall Motor Holdings plc
------------------------ ------------------------------------------------
b) LEI 213800BP3HZWHDWXAY78
------------------------ ------------------------------------------------
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 64p each
the financial
instrument, type ISIN Code: GB00BVYB2Q58
of instrument
Identification
code
------------------------ ------------------------------------------------
b) Nature of the Grant of nil cost options under the rules
transaction of the Marshall Motor Holdings plc Performance
Share Plan
------------------------ ------------------------------------------------
c) Currency GBP
------------------------ ------------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBPNil 223,842
----------
------------------------ ------------------------------------------------
e) Aggregated information N/A
- Aggregated
volume
- Price
------------------------ ------------------------------------------------
f) Date of the transaction 28 November 2019
------------------------ ------------------------------------------------
g) Place of the Outside a trading venue
transaction
------------------------ ------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Richard Blumberger
------------------------ ------------------------------------------------
2 Reason for notification
--------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------ ------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------ ------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Marshall Motor Holdings plc
------------------------ ------------------------------------------------
b) LEI 213800BP3HZWHDWXAY78
------------------------ ------------------------------------------------
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 64p each
the financial
instrument, type ISIN Code: GB00BVYB2Q58
of instrument
Identification
code
------------------------ ------------------------------------------------
b) Nature of the Grant of nil cost options under the rules
transaction of the Marshall Motor Holdings plc Performance
Share Plan
------------------------ ------------------------------------------------
c) Currency GBP
------------------------ ------------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBPNil 102,632
----------
------------------------ ------------------------------------------------
e) Aggregated information N/A
- Aggregated
volume
- Price
------------------------ ------------------------------------------------
f) Date of the transaction 28 November 2019
------------------------ ------------------------------------------------
g) Place of the Outside a trading venue
transaction
------------------------ ------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jamie Crowther
------------------------ ------------------------------------------------
2 Reason for notification
--------------------------------------------------------------------------
a) Position/status Operations Director
------------------------ ------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------ ------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Marshall Motor Holdings plc
------------------------ ------------------------------------------------
b) LEI 213800BP3HZWHDWXAY78
------------------------ ------------------------------------------------
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 64p each
the financial
instrument, type ISIN Code: GB00BVYB2Q58
of instrument
Identification
code
------------------------ ------------------------------------------------
b) Nature of the Grant of nil cost options under the rules
transaction of the Marshall Motor Holdings plc Performance
Share Plan
------------------------ ------------------------------------------------
c) Currency GBP
------------------------ ------------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBPNil 35,088
----------
------------------------ ------------------------------------------------
e) Aggregated information N/A
- Aggregated
volume
- Price
------------------------ ------------------------------------------------
f) Date of the transaction 28 November 2019
------------------------ ------------------------------------------------
g) Place of the Outside a trading venue
transaction
------------------------ ------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jon Head
------------------------ ------------------------------------------------
2 Reason for notification
--------------------------------------------------------------------------
a) Position/status Commercial Director
------------------------ ------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------ ------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Marshall Motor Holdings plc
------------------------ ------------------------------------------------
b) LEI 213800BP3HZWHDWXAY78
------------------------ ------------------------------------------------
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 64p each
the financial
instrument, type ISIN Code: GB00BVYB2Q58
of instrument
Identification
code
------------------------ ------------------------------------------------
b) Nature of the Grant of nil cost options under the rules
transaction of the Marshall Motor Holdings plc Performance
Share Plan
------------------------ ------------------------------------------------
c) Currency GBP
------------------------ ------------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBPNil 28,070
----------
------------------------ ------------------------------------------------
e) Aggregated information N/A
- Aggregated
volume
- Price
------------------------ ------------------------------------------------
f) Date of the transaction 28 November 2019
------------------------ ------------------------------------------------
g) Place of the Outside a trading venue
transaction
------------------------ ------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Stephen Jones
------------------------ ------------------------------------------------
2 Reason for notification
--------------------------------------------------------------------------
a) Position/status Company Secretary
------------------------ ------------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------ ------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Marshall Motor Holdings plc
------------------------ ------------------------------------------------
b) LEI 213800BP3HZWHDWXAY78
------------------------ ------------------------------------------------
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 64p each
the financial
instrument, type ISIN Code: GB00BVYB2Q58
of instrument
Identification
code
------------------------ ------------------------------------------------
b) Nature of the Grant of nil cost options under the rules
transaction of the Marshall Motor Holdings plc Performance
Share Plan
------------------------ ------------------------------------------------
c) Currency GBP
------------------------ ------------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBPNil 35,088
----------
------------------------ ------------------------------------------------
e) Aggregated information N/A
- Aggregated
volume
- Price
------------------------ ------------------------------------------------
f) Date of the transaction 28 November 2019
------------------------ ------------------------------------------------
g) Place of the Outside a trading venue
transaction
------------------------ ------------------------------------------------
ENDS
For further information and enquiries please contact:
Marshall Motor Holdings plc c/o Hudson Sandler Tel: +44
(0) 20 7796 4133
Daksh Gupta, Chief Executive Officer
Richard Blumberger, Chief Financial
Officer
Investec Bank plc (NOMAD & Broker) Tel: +44 (0) 20 7597 5970
Christopher Baird
David Flin
David Anderson
Hudson Sandler Tel: +44 (0) 20 7796 4133
Nick Lyon
Bertie Berger
Nick Moore
Notes to Editors
About Marshall Motor Holdings plc (www.mmhplc.com)
The Group's principal activities are the sale and repair of new
and used vehicles. The Group's businesses comprise a total of 110
franchises covering 24 brands, operating from 87 locations across
27 counties in England. In addition, the Group operates six trade
parts specialists, two used car centres, five standalone body shops
and one pre delivery inspection centre.
In May 2019 the Group was recognised by the Great Place to Work
Institute, being ranked the 11th best place to work in the UK
(super large company category). This was the ninth year in
succession that the Group has achieved Great Place to Work
status.
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
DSHBGBDBRUDBGCI
(END) Dow Jones Newswires
November 28, 2019 05:59 ET (10:59 GMT)
Grafico Azioni Marshall Motor (LSE:MMH)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Marshall Motor (LSE:MMH)
Storico
Da Apr 2023 a Apr 2024