RNS Number : 6091H
BBA Aviation PLC
13 March 2018
 

13 March 2018

 

Director / PDMR Shareholding

 

The following announcement and notification is made in accordance with Article 19 of the EU Market Abuse Regulation.

 

Deferred Stock Plan

On 13 March 2018, David Crook (Group Finance Director), was granted a conditional share award over 71,433 BBA Aviation plc ordinary shares of 2916/21 pence under the terms of the Company's Deferred Stock Plan.

 

The conditional share award is subject to full or partial forfeiture if the director leaves within three years of the award.

 

Long-Term Incentive Plan

On 13 March 2018, David Crook (Group Finance Director), was granted a conditional share award over 166,125 BBA Aviation plc ordinary shares of 2916/21 pence each under the terms of the Company's Long-Term Incentive Plan.

 

The conditional share award is subject to the achievement of performance conditions and if it vests will be released at nil cost in accordance with the Plan Rules.  The award is also subject to an additional holding period of 2 years from the date on which the award vests.

 

The form required under the EU Market Abuse Regulation follows.

 

1     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Crook

2

Reason for the notification

a)

Position/status

Group Finance Director

b)

Initial Notification / Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BBA Aviation plc

b)

LEI

2138001T2QEV5RXMFI32

 

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 and Identification code 

Conditional awards over Ordinary Shares

ISIN:  GB00B1FP8915

b)

Nature of transaction

Conditional share awards made under the Company's Deferred Stock Plan and Long-Term Incentive Plan

c)

Price(s) and volume(s)

Award over 71,433 conditional shares under the Deferred Stock Plan

Award over 166,125 conditional shares under the Long-Term Incentive Plan

d)

Aggregated information: Volume, Price 


e)

Date of the transaction

13 March 2018

f)

Place of the transaction

Grant of share awards occurred outside a trading venue

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHFKNDPPBKDFND
Near realtime Share prices & Historic Trading Data - AIM - LSE

Pumpedordumped cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk. Thankyou.

www.pumpedordumped.com