1 |
Details of the person discharging managerial responsibilities/person closely associated |
a) |
Name |
1. Nic Budden 2. Mark Berry |
2 |
Reason for the notification |
a) |
Position/status |
1. PDMR 2. PDMR |
b) |
Initial notification/Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Foxtons Group PLC |
b) |
LEI |
5493001HCMG6R1MYKC59 |
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 £0.01 each GB00BCKFY513 |
b) |
Nature of transaction |
Grant of share options under the Foxtons Group Share Option Plan. Awards are granted with an exercise price equal to the share price at grant (105.667p) less cumulative dividends per share between grant and exercise. Earliest exercise 5 years after grant. 10 year life option. Awards will normally only be exercised if at the end of the performance period the Company's 5-year TSR has met a minimum vesting threshold, with 25% of awards vesting for TSR of 10% per annum and full vesting for TSR of 16% per annum or more. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
1. 105.667p 2. 105.667p |
1. 6,500,000 2. 2,150,000 |
d) |
Aggregated information - Aggregated volume - Price |
N/A (Single transaction) |
e) |
Date of the transaction |
17 May 2017 |
f) |
Place of the transaction |
Outside a trading venue |