Caledonia Investments plc
Notification of transactions of persons discharging managerial responsibilities ("PDMR") or persons closely associated with them ("PCA")
Pursuant to the requirements of the Market Abuse Regulation, Caledonia Investments plc ("Caledonia" or the "Company") announces that on 24 November 2023 nil-cost options over 17,573 ordinary 5p shares ("Shares") in Caledonia were granted to one of its directors, Rob Memmott, under the Caledonia Investments 2020 Performance Share Scheme (the "PSS"). The Company's share price used to determine the number of Shares subject to the PSS award was 3585p.
Subject to the rules of the PSS, nil-cost options are exercisable between three and ten years after the date of grant. Performance is measured over three years for one-third of the PSS awards which are subject to a post-vesting holding period, on an after-tax basis, of two years. The remaining two-thirds of the awards are subject to performance over five years.
The total number of Shares held under option by Mr Memmott under the PSS following this nil-cost option grant is 17,573.
Further information required by the Market Abuse Regulation in relation to these transactions is set out in the appendix below.
Enquiries:
Richard Webster
Company Secretary
Tel: + 44 20 7802 8080
27 November 2023
APPENDIX
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Robert William Memmott | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Director/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
| Caledonia Investments plc | ||||
| b)
| LEI
| 2138002FX1MYCA5ZZH32 | ||||
| 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 5p shares
GB0001639920 | ||||
| b)
| Nature of the transaction
| Grant of nil-cost options over ordinary 5p shares under the Caledonia Investments 2020 Performance Share Scheme ("PSS")
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
17,573
Nil | ||||
| e)
| Date of the transaction
| 24 November 2023 | ||||
| f) | Place of the transaction | Outside a trading venue
| ||||
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