01 August 2023
LEI:
213800Z5WTW8QKOHWQ82
WINCANTON
plc (“Wincanton” or the “Company”)
Notification
of transactions by Persons Discharging Managerial Responsibilities
("PDMRs")
Long Term Incentive Plan vesting
Wincanton plc, a
leading supply chain partner for UK business, provides notification
of the Company’s Long Term Incentive Plan (LTIP) vesting effected
on 31 July 2023 relating to persons
discharging managerial duties (“PDMRs”) and their respective
interests in the ordinary shares of nominal value 10p each in the
capital of the Company ("Shares") (ISIN: GB0030329360).
The
2020 LTIP has vested at 42.4% based on the partial achievement of
the performance conditions as set out in the 2023 Annual Report and
Accounts.
The
nil cost options were granted on 31 July
2020. Details are set out in the table below:
|
Name
and
position
of PDMR
|
Number of
Options awarded
|
Adjustment
for achievement of performance conditions
|
Number
of
Exercisable
Options remaining
|
|
James
Wroath
|
350,910
|
202,125
|
148,785
|
|
Sally
Austin
|
55,044
|
31,706
|
23,338
|
|
Lyn
Colloff
|
46,788
|
26,950
|
19,838
|
|
Paul
Durkin
|
16,415
|
9,456
|
6,959
|
|
Ian
Keilty
|
170,639
|
98,289
|
72,350
|
The
LTIP Options are now available to exercise at any time until the
award’s 10-year expiry date in 2030.
The
Award for Mr Wroath is subject to a holding period, ending on the
fifth anniversary of the Award date.
Deferred Bonus Share Award vesting
The
Company announces the vesting of deferred bonus share awards over
Ordinary 10p Shares in the Company, granted on 30 July 2021 under the Company’s Long Term
Incentive Plan 2014 (LTIP) to persons discharging managerial
responsibilities (PDMRs) in respect of bonus due for the financial
year ended 31 March 2021.
Shares deducted
to cover tax were transacted on 31 July
2023.
|
PDMR
|
Total
number of shares vested
|
Shares
deducted to cover tax
|
Shares
retained
|
|
James
Wroath
|
4,542
|
2,135
|
2,407
|
Mr
Wroath’s total shareholding in the Group is now 33,193 which
represents 0.027% of the Company’s issued share capital.
Notification
and public
disclosure of transactions
by persons discharging
managerial
responsibilities
and persons closely associated
with
them
|
1
|
Details
of
the
person
discharging
managerial
responsibilities
/
person
closely
associated
|
|
a)
|
Name
|
James
Wroath
|
|
2
|
Reason
for
the
notification
|
|
a)
|
Position/status
|
Chief
Executive Officer
|
|
b)
|
Initial
notification/Amendment
|
Initial
Notification
|
|
3
|
Details
of
the
issuer,
emission
allowance
market
participant,
auction
platform,
auctioneer
or
auction
monitor
|
|
a)
|
Name
|
Wincanton
plc
|
|
b)
|
LEI
|
213800Z5WTW8QKOHWQ82
|
|
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 10p each
ISIN:
GB0030329360
|
|
b)
|
Nature
of
the
transaction
|
Vesting
of 4,542 Ordinary Shares of 10p each.
2,135
Shares deducted to cover tax. Balance retained.
|
|
c)
|
Price(s)
and
volume(s)
|
Price
|
Volume
|
|
£2.425
|
2,135
|
|
d)
|
Aggregated
information
|
N/A
|
|
e)
|
Date
of
the
transaction
|
31
July 2023
|
|
f)
|
Place
of
the
transaction
|
Outside
a trading venue
|
-Ends-
About
Wincanton
Wincanton is a
leading British supply chain solutions company. The Group provides
business critical services including storage, handling and
distribution; high volume eFulfilment; retailer ‘dark stores’;
two-person home delivery; fleet and transport management; and
network optimisation for many of the UK’s best-known
companies.
It is
active across a range of markets including food and consumer goods;
retail and manufacturing; eCommerce; the public sector; major
infrastructure; building materials; fuel; and defence. With almost
100 years’ heritage, Wincanton's 20,300-strong team operates from
160 sites across the country, responsible for 7,400
vehicles.
For
further information please contact:
Wincanton
plc Tel:
+44 1249 710 000
Lyn Colloff, Company Secretary
Company.secretary@wincanton.co.uk
Headland Tel:
+44 20 3805 4822
Susanna Voyle/ Henry Wallers
E:
wincanton@headlandconsultancy.com