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Imperial Brands PLC - Director/PDMR Shareholding

RNS Number : 6212W
Imperial Brands PLC
19 August 2020
 

19 August 2020

 

 

IMPERIAL BRANDS PLC

 (THE "COMPANY")

 

NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PDMR

 

 

Share Plan Award

 

In accordance with the terms of his appointment the Company's new Chief Executive Officer, Stefan Bomhard, was granted, on 17August 2020, an award (Award) under the Company's Long Term Incentive Plan (LTIP).

 

The Award has been granted over 348,489 shares, which has been set by reference to the mid-market closing price of the Company's shares on 14 August 2020.

 

In accordance to his terms of appointment, the performance criteria will be the same as those used for the Company's LTIPs granted in February 2020 to other participants and described in detail in the announcement dated 18 February 2020.

 

Notification of person discharging managerial responsibilities/ person closely associated

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

STEFAN BOMHARD 

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

IMPERIAL BRANDS PLC

b)

LEI

549300DFVPOB67JL3A42

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

ORDINARY SHARES OF £0.10 EACH

 

 

Identification code

GB0004544929

b)

Nature of the transaction

CONDITIONAL AWARD GRANTED UNDER LONG TERM INCENTIVE PLAN

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

348,489

d)

Aggregated information 

 Not applicable - single transaction

e)

Date of the transaction

17 AUGUST 2020

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 


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Quick facts: Imperial Brands

Price: 1227.5

Market: LSE
Market Cap: £115.34 m
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