5 September 2022
LEI: 213800Z5WTW8QKOHWQ82
WINCANTON plc
Notification of
transactions by Persons Discharging Managerial Responsibilities
("PDMRs")
Wincanton plc (the “Company”) provides
notification of the Company’s Long Term Incentive Plan (LTIP)
vesting effective on 2 September 2022
relating to Mr James Wroath, Chief
Executive Officer and his respective interests in the ordinary
shares of nominal value 10p each in the capital of the Company
(ISIN: GB0030329360).
The 2019 LTIP has vested at 61.8% based on the partial
achievement of the performance conditions as set out in the 2022
Annual Report and Accounts. The nil cost options were granted
to Mr Wroath on 2 September 2019. The
award is subject to a holding period and can be exercised from the
fifth anniversary – 2 September 2024-
until the award’s 10-year expiry date in 2029.
Details of the vest are set out in the table below:
Name
and
position of PDMR |
Number of Options
awarded |
Adjustment for
achievement of performance conditions |
Number
of
Options remaining, exercisable from 2 September 2024 |
| James Wroath, Chief
Executive Officer |
164,546 |
(62,857) |
101,689 |
Mr Wroath’s total beneficial interest in the Group will be 132,030
shares. This represents 0.106% of the Group's total issued share
capital.
-Ends-
About Wincanton
Wincanton is a leading British supply chain solutions company.
The Group provides business critical services including storage,
handling and distribution; high volume eFulfilment; retailer ‘dark
stores’; two-person home delivery; fleet and transport management;
and network optimisation for many of the UK’s best-known
companies.
It is active across a range of markets including food and
consumer goods; retail and manufacturing; eCommerce; the public
sector; major infrastructure; building materials; fuel; and
defence. With almost 100 years’ heritage, Wincanton's 20,300-strong
team operates from more than 170 sites across the country,
responsible for 8,500 vehicles.
For further information please
contact:
Wincanton
plc
Tel: +44 1249 710 000
Lyn Colloff, Company
Secretary
Company.secretary@wincanton.co.uk
Headland
Tel: +44 20 3805 822
Susanna Voyle/ Henry Wallers/
Marta Parry-Jones
E: wincanton@headlandconsultancy.com