Softcat PLC Director/PDMR Shareholding
December 04 2024 - 9:22AM
RNS Regulatory News
RNS Number : 8407O
Softcat PLC
04 December 2024
|
For
Immediate Release
|
4 December
2024
|
Softcat plc
("Softcat", the "Company")
Notification of Transactions
by
Persons Discharging
Managerial Responsibilities and Persons Closely Associated
with them
The following notification is made
under article 19.1 of the Market Abuse Regulation ("MAR") and
relates to the exercise of nil-cost options by persons
discharging managerial responsibilities ("PDMR") on 3 December
2024. In November 2021, awards were made under the Softcat Annual
and Deferred Bonus Plan (DBP) to the PDMR named below. At the time
of the awards, the PDMR was an executive director of the
Company.
The DBP has now vested and has been
exercised by the PDMR. A sufficient portion of the Ordinary Shares
("Shares") has been sold to cover the PDMR's tax liabilities which
has arisen as a result of the exercise. The remaining Shares have
been retained by the PDMR.
|
1.
|
Details of PDMR / person closely
associated with them ("PCA")
|
|
a)
|
Name
|
Graeme Watt
|
|
2.
|
Reason for the
notification
|
|
a)
|
Position / status
|
Chairman
|
|
b)
|
Initial notification /
amendment
|
Initial Notification
|
|
3.
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Softcat plc
|
|
b)
|
LEI
|
213800N42YZLR9GLVC42
|
|
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
Identification Code
|
Ordinary Shares
of £0.0005 each
ISIN: GB00BYZDVK82
|
|
b)
|
Nature of the transaction
|
Exercise of 21,354 Shares under the
Softcat DBP. The DBP award was exercised as nil-cost options, with
a sale of sufficient Shares to cover the PDMR's liabilities in
respect of income tax and national insurance contributions. The
Shares resulting from the exercise were treated as
follows:
i. sale of Shares;
and
ii. retention of
Shares.
|
|
c)
|
Price(s) and volume(s)
|
i.
Sale of Shares
|
Share Scheme
|
Price(s)
|
Volume(s)
|
|
DBP
|
£15.74
|
10,087
|
ii. Retention of Shares
|
Share Scheme
|
Price(s)
|
Volume(s)
|
|
DBP
|
£nil
|
11,267
|
|
|
d)
|
Aggregated information
Volume
Price
|
N/A
|
|
e)
|
Date of the transaction
|
3 December
2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
|
|
| |
|
|
|
|
Luke
Thomas
Company
Secretary
Softcat
plc
|
Tel: +44 (0)20 7167 4961
|
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
DSHZZMGZDDMGDZM
Softcat (LSE:SCT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Softcat (LSE:SCT)
Historical Stock Chart
From Dec 2023 to Dec 2024
