The Quarto Group (LSE: QRT), the leading global illustrated book publisher, announces that on 5 May 2017 it has granted 137,306 options under the Company's existing Performance Share Plan to Persons Discharging Managerial Responsibility ("PDMRs") as listed below. The awards have a vesting date of 28 April 2021.
|PDMR||Position||Number of Options granted|
|David Breuer||Chief Creative Officer||16,635|
|Anne Crompton||Group Director of Legal & Business Affairs||10,932|
|Ken Fund||Chief Operating Officer||25,496|
|Marcus Leaver||Chief Executive officer||70,935|
|Karine Marko||Group Director of Foreign Rights||13,308|
|Dorothée de Montgolfier||Group Director of Communications||7,605|
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
|1||Details of the persons discharging managerial responsibilities / person closely associated|
|a)||Name||1. David Breuer
2. Anne Crompton
3. Ken Fund
4. Marcus Leaver
5. Karine Marko
6. Dorothée de Montgolfier
|2||Reason for the notification|
|a)||Position/status||Classified as PDMRs of the Company|
|b)||Initial notification /Amendment||Initial notification|
|3||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|a)||Name||The Quarto Group Inc|
|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||Common stock of US$0.10 each in the capital of the Company ("Common Stock")|
|b)||Nature of the transaction||Grant of options over Common Stock|
|c)||Price(s) and volume(s)||
- Aggregated volume
|Aggregated volume: 137,306
Price: Nil cost options
|e)||Date of the transaction||5 May 2017|
|f)||Place of the transaction||London Stock Exchange (XLON)|
For further information, please contact:
|The Quarto Group
Marcus Leaver, CEO
Dorothée de Montgolfier, Group Director of Communications
|020 7700 9002|
|020 3772 2573|
About The Quarto Group
The Quarto Group (LSE: QRT) is the leading global illustrated book publishing group. Our mission is to make and sell great books that entertain, educate and enrich the lives of adults and children around the world.
Quarto creates and owns proprietary content, publishing books from a diverse portfolio of imprints that are creatively independent and expert in developing long-lasting content across specific niches of interest.
Quarto sells books across 50 countries and in 39 languages through a variety of traditional and non-traditional channels, while constantly looking for new ways to create and deliver content that people need.
Quarto employs over 400 talented people in the US, UK and Hong Kong. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.
For more information, visit quarto.com or follow us on Twitter at @TheQuartoGroup.