Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

SThree: Director/PDMR Shareholding

eqs_en 
0 0 23.02.22
SThree: Director/PDMR Shareholding
 

SThree (STEM)
SThree: Director/PDMR Shareholding

23-Feb-2022 / 16:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

SThree plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them

 

SThree plc (the 'Company') announces that performance share awards under the Long Term Incentive Plan ("LTIP") were granted on 22 February 2022, for no consideration, to the PDMRs detailed below:

PDMR

Position

Number of Shares awarded under the LTIP

Timo Lehne

Interim Chief Executive

133,630

Andrew Beach

Chief Financial Officer

117,886

 

The awards will vest three years after grant date, subject to the performance conditions being met.

Performance targets and target ranges are set out as follows:

LTIP targets

EPS

TSR vs. peer group

Strategic

ESG

2022-2024

2024 EPS to be between 51.9p (25% vesting) and 63.0p (100% vesting)

2022-2024 performance between median (25% vesting) and upper quartile (100% vesting)

2024 adjusted operating profit conversion ratio between 19% (25% vesting) and 23% (100% vesting)

Three targets in relation to:

  • Positively impacting lives
  • Increasing our renewables business
  • Carbon reduction

 

LTIP weighting

50%

20%

20%

10% (3.3% for each measure)

 

The relevant notifications are set out below.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Names

Timo Lehne

2. Reason for the notification

a) Position/status

Director and Interim Chief Executive

b) Initial notification /Amendment

Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

SThree plc

b) LEI

2138003NEBX5VRP3EX50

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 1p

GB00B0KM9T71

b) Nature of the transaction

 

A performance share award granted under the SThree plc Long Term Incentive Plan

c) Price(s) and volume(s)

 

Price

£Nil

Volume(s)

133,630

d) Aggregated information

- Aggregated volume

- Price

 

133,630

£Nil

e) Date of the transaction

22/02/2022

f) Place of the transaction

Off market

 

 

1. Details of the person discharging managerial responsibilities / person closely associated

a) Names

Andrew Beach

2. Reason for the notification

a) Position/status

Director and Chief Financial Officer

b) Initial notification /Amendment

Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

SThree plc

b) LEI

2138003NEBX5VRP3EX50

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 1p

GB00B0KM9T71

b) Nature of the transaction

 

A performance share award granted under the SThree plc Long Term Incentive Plan

c) Price(s) and volume(s)

 

Price

£Nil

Volume(s)

117,886

d) Aggregated information

- Aggregated volume

- Price

 

117,886

£Nil

e) Date of the transaction

22/02/2022

f) Place of the transaction

Off market

 

Enquiries:

Bill Warner

Deputy Company Secretary
ISIN: GB00B0KM9T71
Category Code: DSH
TIDM: STEM
LEI Code: 2138003NEBX5VRP3EX50
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 144946
EQS News ID: 1286957

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=1286957&application_name=news&site_id=sharewise

SThree plc Stock

€5.17
0.980%
The SThree plc stock is trending slightly upwards today, with an increase of €0.050 (0.980%) compared to yesterday's price.

Show more
Like: 0
Share
eqs_en 
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




Legal notice

Comments

Not a member yet? Sign up for free!