t
Nexus Infrastructure plc announced on 4th October 2021 that it awarded a total of 262,897 Conditional Shares to six Directors and Persons Discharging Managerial Responsibilities (PDMRs) on 30th September 2021. These awards, made under the Company's New Combined Bonus and Long Term Incentive Plan, carried no consideration. The Conditional Shares will vest in three equal tranches on 30th September 2023, 30th September 2024, and 30th September 2025, subject to performance conditions.
| Date | 4 Oct 2021 |
| Time | 14:31:34 |
| Category | Director/PDMR dealings |
| ID | 9469N |
4th October 2021
Nexus Infrastructure plc
("Nexus" or the "Company")
Award of Conditional Shares to Directors/PDMRs
This announcement replaces that made on 30th September 2021 under RNS number 6276N.
Nexus announces that, under the Company's New Combined Bonus and Long Term Incentive Plan (the "Plan"), the following Conditional Share awards in the Company have been awarded to certain Directors and PDMRs ("Conditional Shares").
|
Recipient |
Job Title |
Number of Conditional Shares awarded |
|
Alan Martin |
Chief Financial Officer |
93,033 |
|
Dawn Hillman |
Company Secretary |
15,240 |
|
Charles Sweeney |
Chief Operating Officer |
61,721 |
|
David Topping |
Managing Director, TriConnex |
33,951 |
|
Robert Kendal |
Managing Director, Tamdown |
29,630 |
|
Simon Gallagher |
Managing Director, eSmart Networks |
29,322 |
No consideration was paid for the award of these Conditional Shares which will vest in three equal tranches subject to the achievement of various performance conditions including achievement of operating profit within the performance period and total shareholder return. The first tranche will vest on 30th September 2023, the second on 30th September 2024 and the third on 30th September 2025.
This notification is made in accordance with the requirements of DTR 3.1 and Article 19 of The EU Market Abuse Regulation.
Dawn Hillman
Company Secretary
Nexus Infrastructure plc Tel : 01376 320856
|
1) |
Details of the person discharging managerial responsibility |
|||||
|
a) |
Name |
Alan Martin |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Nexus Infrastructure plc |
||||
|
b) |
LEI |
213800PUGVLUONLG9Y20 |
||||
|
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 £0.02 each. ISIN GB00BZ77SW60 |
||||
|
b) |
Nature of the transaction |
Grant of Conditional Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
30th September 2021 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||
|
1) |
Details of the person discharging managerial responsibility |
|||||
|
a) |
Name |
Dawn Hillman |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Company Secretary |
||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Nexus Infrastructure plc |
||||
|
b) |
LEI |
213800PUGVLUONLG9Y20 |
||||
|
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 £0.02 each. ISIN GB00BZ77SW60 |
||||
|
b) |
Nature of the transaction |
Grant of Conditional Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
30th September 2021 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||
|
1) |
Details of the person discharging managerial responsibility |
|||||
|
a) |
Name |
Charles Sweeney |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Operating Officer |
||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Nexus Infrastructure plc |
||||
|
b) |
LEI |
213800PUGVLUONLG9Y20 |
||||
|
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 £0.02 each. ISIN GB00BZ77SW60 |
||||
|
b) |
Nature of the transaction |
Grant of Conditional Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
30th September 2021 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||
|
1) |
Details of the person discharging managerial responsibility |
|||||
|
a) |
Name |
David Topping |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Managing Director, TriConnex Ltd |
||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Nexus Infrastructure plc |
||||
|
b) |
LEI |
213800PUGVLUONLG9Y20 |
||||
|
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 £0.02 each. ISIN GB00BZ77SW60 |
||||
|
b) |
Nature of the transaction |
Grant of Conditional Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
30th September 2021 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||
|
1) |
Details of the person discharging managerial responsibility |
|||||
|
a) |
Name |
Robert Kendal |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Managing Director, Tamdown Group Ltd |
||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Nexus Infrastructure plc |
||||
|
b) |
LEI |
213800PUGVLUONLG9Y20 |
||||
|
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 £0.02 each. ISIN GB00BZ77SW60 |
||||
|
b) |
Nature of the transaction |
Grant of Conditional Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
30th September 2021 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||
|
1) |
Details of the person discharging managerial responsibility |
|||||
|
a) |
Name |
Simon Gallagher |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Managing Director, eSmart Networks Ltd |
||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Nexus Infrastructure plc |
||||
|
b) |
LEI |
213800PUGVLUONLG9Y20 |
||||
|
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 £0.02 each. ISIN GB00BZ77SW60 |
||||
|
b) |
Nature of the transaction |
Grant of Conditional Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
30th September 2021 |
||||
|
f) |
Place of the transaction |
Outside of a trading venue |
||||