Director/PDMR Shareholding
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Crest Nicholson Holdings plc (the 'Company') announces the following transaction by Bill Floydd, Group Finance Director, under the Crest Nicholson Holdings plc Long-Term Incentive Plan (the 'LTIP').
An award has been granted over 287,301 Ordinary Shares of 5 pence each in the Company (the 'LTIP Award') on 5 February 2024.
The LTIP Award consists of share options which are awarded subject to performance conditions in respect of total shareholder return, return on capital employed and the absolute reduction in scope 1 and scope 2 carbon emissions. The LTIP Award will vest on 5 February 2027.
The number of shares subject to the LTIP Award 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 | Bill Floydd | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group Finance Director, Director | |
| 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) 287,301 |
| d) | Aggregated information - Aggregated volume - Price | Price(s) Nil | Volume(s) 287,301 |
| e) | Date of the transaction | 2024-02-05 | |
| f) | Place of the transaction | Outside a trading venue |
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