19 July 2016
Workspace Group PLC (the "Company")
Director/PDMR Shareholding
Workspace Group PLC announces that on 18 July 2016, it was notified that each of Jamie Hopkins, Graham Clemett, Angus Boag and Chris Pieroni (each a person discharging managerial responsibility for the Company), (the "PDMRs") had: i) received an award of ordinary shares pursuant to a vesting under the Workspace Group PLC Long Term Investment Plan; and ii) disposed of a number of these shares in order to satisfy income tax and national insurance liabilities (and associated costs) arising on the vesting of these awards. Further details of these transactions are set out below.
Following the vesting and subsequent sale of shares to satisfy income tax and national insurance liabilities, each of the PDMRs are required to retain the balance of shares arising on vesting for 12 months from 18 July 2016. These are listed as follows:
Jamie Hopkins - 91,888;
Graham Clemett - 66,246;
Angus Boag - 59,634; and
Chris Pieroni 59,634.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1.
Details of PDMR/person closely associated with them ('PCA')
a)
Name
Jamie Hopkins
2.
Reason for the notification
b)
Position/status
Chief Executive Officer
c)
Initial notification/
amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Workspace Group PLC
LEI
-
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 transaction(s) has been conducted
Description of the financial instrument
Ordinary Shares of 100p, ISIN GB00B67G5X01
Nature of the transaction
Vesting of an award of shares pursuant to the Workspace Group PLC Long Term Incentive Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
Nil Consideration
175,024
d)
Aggregated information
N/A
e)
Date of the transaction
18 July 2016 at 13.12 (GMT)
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
Sale of 83,136 shares to satisfy tax and national insurance liabilities.
685.5534p
83,136 shares
Graham Clemett
Chief Financial Officer
126,182
Sale of 59,936 shares to satisfy tax and national insurance liabilities.
59,936 shares
Angus Boag
Development Director
113,588
Sale of 53,954 shares to satisfy tax and national insurance liabilities.
53,954 shares
Chris Pieroni