Business

Director/PDMR Shareholding - Replacement

Director/PDMR Shareholding - Replacement.

articleSanderson Design Group PlcJune 1, 20173/company/sanderson-design-group-plc/news/directorpdmr-shareholding-replacement-135
Director/PDMR Shareholding - Replacement

About this update from Sanderson Design Group Plc

[{"type":"text","content":"\n \nRNS Number : 8854G Walker Greenbank PLC 01 June 2017  \n\nREPLACEMENT ANNOUNCEMENT\nThis announcement is made in replacement of the announcement released on 31 May 2017 under RNS Number 7590G (the \"Original Announcement\"). The Original Announcement incorrectly stated that Walker Greenbank's issued share capital following the vesting of shares, comprised of 69,551,678 Ordinary Shares, the total number of Ordinary Shares in the Company with voting rights was 69,551,678 and that the figure of 69,551,678 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. These figures were incorrectly stated and should have been disclosed as being 69,778,925. All other details remain unchanged and the full amended text is shown below.\n \nWALKER GREENBANK PLC\n(\"Walker Greenbank\" or the \"Company\")\n \n \nVesting of Awards under LTIP, Director Shareholdings \nand Total Voting Rights \n \n \nWalker Greenbank PLC (AIM: WGB), the luxury interior furnishings group, announces that, following the achievement of performance targets, the undermentioned executive directors and certain other employees have received ordinary shares of 1p each in the Company (\"Ordinary Shares\") under the terms of the Company's Long-Term Incentive Plan (\"LTIP\").\nThe shares vested on 31 May 2017 for nil consideration pursuant to a conditional award made on 29 May 2014. The number of Ordinary Shares which vested is stated after the deduction of tax and National Insurance.\nFollowing the vesting, the undermentioned executive directors' holdings of Ordinary Shares are set out in the table below:\n\n\n\n\nExecutive Director\n\n\nNet No. of Ordinary Shares vested\n\n\nResultant Interest in Ordinary Shares\n\n\n% of Total Voting Rights\n\n\n\n\nJohn Sach\n\n\n56,322\n\n\n1,996,142\n\n\n2.86%\n\n\n\n\nMike Gant\n\n\n50,844\n\n\n67,949\n\n\n0.10%\n\n\n\n\n \n227,247 Ordinary Shares have been issued and allotted under an existing blocklisting in order to satisfy the vesting.\nFollowing the vesting, the Company hereby notifies that, as at the date of this announcement,...

More updates from Sanderson Design Group Plc