Informa PLC Press Release
4 April 2022
Exercise-to-Cover Transactions
Directors Dealings
Informa (LSE: INF.L), the international B2B Markets, Knowledge Services and Business Intelligence Group today confirmed recent Exercise-to-Cover transactions by Executive Directors.
Following the publication of Informa's 2021 Annual Results, all three Executive Directors (Chief Executive, Stephen A. Carter, Finance Director, Gareth Wright, Chief Operating Officer, Patrick Martell) have undertaken Exercise-to-Cover transactions in relation to Long-Term Incentive Plan awards.
These transactions specifically cover the income tax liability that becomes payable on the vesting and exercise of these share plans. In aggregate 850,141 shares were sold at an average price of 602.26478p to cover the liabilities of all three Directors.
All underlying shares were retained and all three Executive Directors continue to hold shares in excess of the shareholding requirements set within the Group's Remuneration Policy.
The notifications set out on in the Appendix are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
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Enquiries |
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Heledd Hanscomb, Deputy Company Secretary |
+44 (0) 20 7017 5000 |
Notes
Exercise-to-Cover Transactions:
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Stephen A. Carter |
404,450 shares at an average price of 602.47p |
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Gareth Wright |
279,138 shares at an average price of 597.3787p and |
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26,917 shares at an average price of 601.9076p |
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Patrick Martell |
132,729 shares at an average price of 603.9478p and |
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6,907 shares at an average price of 605.6198p |
APPENDIX
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1 |
Details of the persons discharging managerial responsibilities / person closely associated |
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a) |
Name(s) |
Stephen A Carter |
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2 |
Reason for the notification |
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a) |
Position/status |
Group Chief Executive
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b) |
Initial notification / Amendment
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Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Informa PLC |
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b) |
LEI |
5493006VM2LKUPSEDU20
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 0.1 pence each
GB00BMJ6DW54
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b) |
Nature of the transaction |
A. Exercise of Long-Term Incentive Plan awards B. Exercise of Deferred Share Bonus Plan awards C. Sale of ordinary shares of 0.1p each to settle tax, national insurance contributions and dealing fees arising from the exercise |
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c) |
Price(s) and volume(s)
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Price |
Volume |
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A £0.001 |
783,087 |
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B £0.00 |
76,377 |
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C £6.0247 |
404,450 |
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d) |
Aggregated information |
n/a |
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e) |
Date of the transaction |
A & B - 31 March 2022 C - 4 April 2022
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f) |
Place of the transaction |
A and B - Outside a trading venue C - London Stock Exchange
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1 |
Details of the persons discharging managerial responsibilities / person closely associated |
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a) |
Name(s) |
Gareth Wright |
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2 |
Reason for the notification |
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a) |
Position/status |
Group Finance Director
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b) |
Initial notification / Amendment
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Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Informa PLC |
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b) |
LEI |
5493006VM2LKUPSEDU20
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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 0.1 pence each
GB00BMJ6DW54
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|
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b) |
Nature of the transaction |
A. Exercise of Long-Term Incentive Plan awards B. Exercise of Deferred Share Bonus Plan awards C. Sale of ordinary shares of 0.1p each to settle tax, national insurance contributions and dealing fees arising from the exercise
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c) |
Price(s) and volume(s)
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Price |
Volume |
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A £0.001 |
601,156 |
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B £0.00 |
47,368 |
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C (i) £5.973787 (ii) £6.019076
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(i) 279,138 (ii) 26,917 |
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d) |
Aggregated information |
n/a |
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e) |
Date of the transaction |
A, B & C(i) - 30 March 2022 C(ii) - 4 April 2022
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f) |
Place of the transaction |
A and B - Outside a trading venue C - London Stock Exchange
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1 |
Details of the persons discharging managerial responsibilities / person closely associated |
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a) |
Name(s) |
Patrick Martell |
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2 |
Reason for the notification |
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a) |
Position/status |
Group Chief Operating Officer
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b) |
Initial notification / Amendment
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Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
Informa PLC |
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b) |
LEI |
5493006VM2LKUPSEDU20
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|
|
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 0.1 pence each
GB00BMJ6DW54
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|
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b) |
Nature of the transaction |
A. Exercise of Long-Term Incentive Plan awards B. Sale of ordinary shares of 0.1p each to settle tax, national insurance contributions and dealing fees arising from the exercise
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c) |
Price(s) and volume(s)
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Price |
Volume |
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A £0.001 |
295,995 |
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B (i) £6.039478 (ii) £6.056198 |
(i) 132,729 (ii) 6,907 |
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d) |
Aggregated information |
n/a |
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e) |
Date of the transaction |
A & B(i) - 29 March 2022 B(ii) - 31 March 2022
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f) |
Place of the transaction |
A - Outside a trading venue B - London Stock Exchange
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