Business
Award of Options to Directors/PDMRs - REPLACEMENT
Award of Options to Directors/PDMRs - REPLACEMENT.
About this update from Nexus Infrastructure Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9469N\n Nexus Infrastructure PLC\n 04 October 2021\n \n \n \n \n 4th October 2021\n \n \n \n \n \n \n \n \n \n \n \n Nexus Infrastructure plc\n \n \n (\"Nexus\" or the \"Company\")\n \n Award of Conditional Shares to Directors/PDMRs\n This announcement replaces that made on 30th September 2021 under RNS number 6276N.\n Nexus announces that, under the Company's New Combined Bonus and Long Term Incentive Plan (the \"Plan\"), the following Conditional Share awards in the Company have been awarded to certain Directors and PDMRs (\"Conditional Shares\").\n \n \n \n \n \n Recipient\n \n \n Job Title\n \n \n Number of Conditional Shares awarded\n \n \n \n \n Alan Martin\n \n \n Chief Financial Officer\n \n \n \n 93,033\n \n \n \n \n Dawn Hillman\n \n \n Company Secretary\n \n \n 15,240\n \n \n \n \n Charles Sweeney\n \n \n Chief Operating Officer\n \n \n \n 61,721\n \n \n \n \n David Topping\n \n \n Managing Director, TriConnex\n \n \n \n 33,951\n \n \n \n \n Robert Kendal\n \n \n Managing Director, Tamdown\n \n \n \n 29,630\n \n \n \n \n Simon Gallagher\n \n \n Managing Director, eSmart Networks\n \n \n \n 29,322\n \n \n \n \n \n No consideration was paid for the award of these Conditional Shares which will vest in three equal tranches subject to the achievement of various performance conditions including achievement of operating profit within the performance period and total shareholder return. The first tranche will vest on 30th September 2023, the second on 30th September 2024 and the third on 30th September 2025.\n \n This notification is made in accordance with the requirements of DTR 3.1 and Article 19 of The EU Market Abuse Regulation.\n \n Dawn Hillman\n Company Secretary\n Nexus Infrastructure plc Tel : 01376 320856\n \n \n \n \n \n \n \n 1)\n \n \n \n \n Details of the person discharging managerial responsibility\n \n \n \n \n \n \n a)\n \n \n \n \n Name\n \n \n \n Alan Martin\n \n \n \n \n \n 2\n \n \n \n \n Reason for the notification\n \n \n \n \n \n \n a)\n \n \n \n \n Position/status\n \n \n \n Chief Financial Officer\n \n \n \n \n \n b)\n \n \n \n \n Initial notification /Amendment\n \n \n \n \n Initial notification\n \n \n \n \n \n \n 3\n \n \n \n \n Details of the issuer, emission allowance market participant, auction pla...