Marshall Motor Holdings plc Performance Share Plan

Marshall Motor Holdings Plc

Marshall Motor Holdings plc (LON:MMH), one of the UK’s leading automotive retail and leasing groups, announced today that on 17 April 2018 the following directors and persons discharging managerial responsibilities (“PDMR”) were granted nil cost options under the rules of the Marshall Motor Holdings plc Performance Share Plan (“PSP”) to acquire ordinary shares of 64p each in the Company (“Ordinary Shares”) as follows:

Director/PDMR

Number of Ordinary Shares under option

Exercise price

Daksh Gupta

328,845

£Nil

Mark Raban

164,423

£Nil

Jamie Crowther

47,319

£Nil

Helen Burrows

35,489

£Nil

Jon Head

35,489

£Nil

Stephen Jones

35,489

£Nil

 

The normal vesting date of the options will be 17 April 2021, being the third anniversary of the award date. The exercise period of each option will run from the date on which each option vests to the day before the tenth anniversary of the award date.

These options are subject to the rules of the PSP and will vest dependent upon continued employment and on performance against earnings per share (“EPS”) targets, as measured over a three year performance period.

Details of the full notifications received by the Company are set out below:

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Daksh Gupta

 

2

Reason for notification

a)

 

Position/status

Chief Executive Officer

b)

 

Initial notification /Amendment

Initial Notification

3

 

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

 

a)

 

Name

 

Marshall Motor Holdings plc

b)

LEI

213800BP3HZWHDWXAY78 

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 64p each

 

 ISIN Code: GB00BVYB2Q58

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the rules of the Marshall Motor Holdings plc Performance Share Plan

c)

Currency

GBP

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 £Nil

328,845

 

 

e)

 

Aggregated information

– Aggregated volume

– Price

N/A

 

 

f)

 

Date of the transaction

 

17 April 2018

g)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Mark Raban

 

2

Reason for notification

a)

 

Position/status

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

 

Marshall Motor Holdings plc

b)

LEI

213800BP3HZWHDWXAY78 

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 64p each

 

 ISIN Code: GB00BVYB2Q58

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the rules of the Marshall Motor Holdings plc Performance Share Plan

c)

Currency

GBP

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 £Nil

164,423

 

 

e)

 

Aggregated information

– Aggregated volume

– Price

N/A

 

 

f)

 

Date of the transaction

 

17 April 2018

g)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Jamie Crowther

 

2

Reason for notification

a)

 

Position/status

Operations Director

b)

 

Initial notification /Amendment

Initial Notification

3

 

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

 

a)

 

Name

 

Marshall Motor Holdings plc

b)

LEI

213800BP3HZWHDWXAY78 

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 64p each

 

 ISIN Code: GB00BVYB2Q58

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the rules of the Marshall Motor Holdings plc Performance Share Plan

c)

Currency

GBP

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 £Nil

47,319

 

 

e)

 

Aggregated information

– Aggregated volume

– Price

N/A

 

 

f)

 

Date of the transaction

 

17 April 2018

g)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Helen Burrows

 

2

Reason for notification

a)

 

Position/status

HR Director

b)

 

Initial notification /Amendment

Initial Notification

3

 

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

 

a)

 

Name

 

Marshall Motor Holdings plc

b)

LEI

213800BP3HZWHDWXAY78 

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 64p each

 

 ISIN Code: GB00BVYB2Q58

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the rules of the Marshall Motor Holdings plc Performance Share Plan

c)

Currency

GBP

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 £Nil

35,489

 

 

e)

 

Aggregated information

– Aggregated volume

– Price

N/A

 

 

f)

 

Date of the transaction

 

17 April 2018

g)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Jon Head

 

2

Reason for notification

a)

 

Position/status

Commercial Director

b)

 

Initial notification /Amendment

Initial Notification

3

 

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

 

a)

 

Name

 

Marshall Motor Holdings plc

b)

LEI

213800BP3HZWHDWXAY78 

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 64p each

 

 ISIN Code: GB00BVYB2Q58

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the rules of the Marshall Motor Holdings plc Performance Share Plan

c)

Currency

GBP

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 £Nil

35,489

 

 

e)

 

Aggregated information

– Aggregated volume

– Price

N/A

 

 

f)

 

Date of the transaction

 

17 April 2018

g)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Stephen Jones

 

2

Reason for notification

a)

 

Position/status

Company Secretary

b)

 

Initial notification /Amendment

Initial Notification

3

 

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

 

a)

 

Name

 

Marshall Motor Holdings plc

b)

LEI

213800BP3HZWHDWXAY78 

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 64p each

 

 ISIN Code: GB00BVYB2Q58

b)

 

Nature of the transaction

 

 

Grant of nil cost options under the rules of the Marshall Motor Holdings plc Performance Share Plan

c)

Currency

GBP

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 £Nil

35,489

 

 

e)

 

Aggregated information

– Aggregated volume

– Price

N/A

 

 

f)

 

Date of the transaction

 

17 April 2018

g)

 

Place of the transaction

 

Outside a trading venue

 

Marshall Motor Holdings plc activities are the sale and repair of new and used vehicles through Marshall Motor Group. The Group’s businesses have a total of 101 franchises covering 23 brands, operating from 84 locations across 26 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre.

In May 2017 the Group was recognised by the Great Place to Work Institute, being ranked the 22nd best place to work in the UK (large company category). This was the eighth year in succession that the Group has achieved Great Place to Work status.

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