16/04/18 03:30PM by ukcitymedia.co.uk about : - 0 Comments - 737 words
16 April 2018
Notification and public disclosure of transactions by person discharging managerial responsibilities ('PDMR').
Awards of deferred shares under the Company's annual bonus scheme for the financial year ended 31 December 2017
On 16 April 2018, Mr Sanjay Verma, a person discharging managerial responsibility within the Company ("PDMRs") was awarded 16,665 shares under the Company's annual bonus scheme relating to the 12 month period ending 31 December 2017.
The price used to calculate the number of shares awarded was £2.5899 per share; being the average closing price of the company's shares on the three business days following the day on which the Company's 2017 results were announced.
The shares are held in trust and will vest on the third anniversary of the date of this award subject to continued employment with the G4S group. No further performance conditions apply.
Any dividends payable on such shares during the deferral period will be paid to the PDMRs in the form of shares at the time of vesting.
The attached notification, which has been made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail.
Details of PDMR / person closely associated with them ('PCA')
Reason for Notification
Regional President Asia - PDMR
Initial notification/ amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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
Description of the
Ordinary shares of 25 pence each
Nature of the
16,665 deferred shares under the company's annual bonus scheme relating to the 12 month period ending 31 December 2017 with a deemed date of award of 14 March 2018.
GBP - Pound Sterling
Date of the
16 April 2018
Place of the
Outside a trading venue
Name of authorised official of issuer responsible for making notification:
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