logo-loader
RNS
Charles Taylor PLC

CHARLES TAYLOR PLC - Director/PDMR Shareholding

CHARLES TAYLOR PLC - Director/PDMR Shareholding

CHARLES TAYLOR PLC - Director/PDMR Shareholding

PR Newswire

Charles Taylor plc (“the Company”)

NOTIFICATION OF DIRECTOR/PDMR SHAREHOLDING

THE COMPANY’S LONG TERM INCENTIVE PLAN

Following the approval of the Directors’ Remuneration Policy at the Company’s Annual General Meeting held on 8 May 2019, David Marock, Group Chief Executive Officer, was granted conditional share awards over 196,510 ordinary shares of 1p each in the Company (“Shares”), under the Charles Taylor Long Term Incentive Plan 2017 (the “LTIP”).

The number of Shares which vest will depend upon the extent to which the performance conditions are met over the three-year period ending 31 December 2021, subject to the LTIP rules and the Malus and Clawback Policy.  

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a) Name David Marock
2 Reason for the notification
a) Position/status Group Chief Executive Officer - Executive Director
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Charles Taylor plc
b) LEI 2138009V1NHVCXIQ6V62
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 1p each


GB0001883718
 
b) Nature of the transaction Grant of a share award under the LTIP
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 196,510


d)

Aggregated information

-Aggregated volume

N/A (single transaction)
e) Date of the transaction 2019-05-08
f) Place of the transaction Outside a trading venue

For more information, please contact:

Robert Davison – Group Company Secretary– 02076805666

Chisom Onita – Group Deputy Company Secretary – 02075227437

Charles Taylor plc

9 May 2019

Notes to editors

About Charles Taylor  www.ctplc.com

Charles Taylor plc is a global provider of insurance-related technical services and solutions dedicated to enabling the global insurance market to do its business fundamentally better.

We have been providing insurance-related professional services and technological solutions since 1884. Today, we employ over 2,900 staff in more than 100 locations spread across 30 countries in Europe, the Americas, Asia Pacific, the Middle East and Africa.

We are distinctive in our market in that our professional services and technological solutions support every stage of the insurance lifecycle and every aspect of the insurance operating model. For the Property & Casualty (P&C) insurance market, we handle all major commercial lines, along with the more technical areas of personal lines; we do so similarly for the life and health insurance markets.

The clients we support range from insurers - including corporates, mutuals, captives, MGAs, Lloyd's syndicates and reinsurers - to brokers, distributors and corporate insureds.

Our market-leading breadth of services and solutions, world?class technical expertise, extensive global presence and 100% focus on insurance means we can manage and resolve virtually any insurance-related matter, wherever and whenever it occurs.

Quick facts: Charles Taylor PLC

Price: £3.21

Market: LSE
Market Cap: £250.51 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE