Director/PDMR Shareholding
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Crest Nicholson Holdings plc (the 'Company') announces the following transactions by Persons Discharging Managerial Responsibility ('PDMRs') under the Crest Nicholson Holdings plc Long-Term Incentive Plan (the 'LTIP').
Awards have been granted over 595,314 Ordinary Shares of 5 pence each in the Company (the 'LTIP Awards') on 5 February 2024.
The LTIP Awards consist of share options, 50% of which are awarded subject to performance conditions in respect of total shareholder return, return on capital employed and the reduction in scope 1 and scope 2 carbon emissions. The remaining 50% of the award consists of restricted stock which is subject to continued service over a period of three years. The LTIP Awards will vest on 5 February 2027.
The number of shares subject to the LTIP Awards has been calculated based on the average of the closing middle market quotation of a share in the Company for the five preceding dealing days to the grant date of 5 February 2024 in accordance with the rules of the Plan. Details of the performance conditions can be found in the Company's 2023 Annual Report.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Kieran Daya | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Operating Officer, PDMR | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | Crest Nicholson Holdings plc | |
| b) | LEI | 213800ROIFXRRRKVQD25 | |
| b) | Nature of the transaction | Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long-Term Incentive Plan ('LTIP'). | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 179,562 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Nil | Volume(s) 179,562 |
| e) | Date of the transaction | 2024-02-05 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | David Marchant | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group Operations Director, PDMR | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | Crest Nicholson Holdings plc | |
| b) | LEI | 213800ROIFXRRRKVQD25 | |
| b) | Nature of the transaction | Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long-Term Incentive Plan ("LTIP"). | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 147,960 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Nil | Volume(s) 147,960 |
| e) | Date of the transaction | 2024-02-05 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Jane Cookson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group HR Director, PDMR | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | Crest Nicholson Holdings plc | |
| b) | LEI | 213800ROIFXRRRKVQD25 | |
| b) | Nature of the transaction | Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long-Term Incentive Plan ('LTIP'). | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 90,624 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Nil | Volume(s) 90,624 |
| e) | Date of the transaction | 2024-02-05 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Heather O'Sullivan | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group General Counsel, PDMR | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | Crest Nicholson Holdings plc | |
| b) | LEI | 213800ROIFXRRRKVQD25 | |
| b) | Nature of the transaction | Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long-Term Incentive Plan ('LTIP'). | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 88,584 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Nil | Volume(s) 88,584 |
| e) | Date of the transaction | 2024-02-05 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Penny Thomas | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group Company Secretary, PDMR | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | Crest Nicholson Holdings plc | |
| b) | LEI | 213800ROIFXRRRKVQD25 | |
| b) | Nature of the transaction | Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long-Term Incentive Plan ("LTIP"). | |
| c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 88,584 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Nil | Volume(s) 88,584 |
| e) | Date of the transaction | 2024-02-05 | |
| f) | Place of the transaction | Outside a trading venue |
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