Compass Group PLC has announced a transaction involving a Director and Person Discharging Managerial Responsibility (PDMR) in the company. Palmer Brown, the Executive Director and Group COO of North America, had a conditional award granted under The Compass Group PLC Long Term Incentive Plan 2018 (Senior Managers' Incentive Plan Plus) that vested on December 10, 2023. Following the vesting, Brown's interest in the company's ordinary shares is now 76,757.
The transaction involved the acquisition of shares following the vesting of the conditional award and the subsequent sale of shares to meet tax and social security obligations. The details of the transaction are as follows: 1,300 shares were acquired at nil price, and 579 shares were acquired at a price of GBP 20.4993. The transaction took place on December 11, 2023, outside a trading venue for the award release and on the London Stock Exchange, Main Market - XLON for the sale.
No further information or details were provided in the announcement. For any inquiries, Compass Group PLC can be contacted at +44 (0)1932 573000.