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Regulatory News


Director/PDMR Shareholding and Total Voting Rights

Fri, 6th Oct 2017 17:50


RNS Number : 9954S
S & U PLC
06 October 2017
 

 S & U PLC ("S&U" or "the Company")

Exercise and Sale of Options, Director/PDMR Shareholding and Total Voting Rights

6 October 2017

 

 

Exercise and Sale of Options

 

S&U plc announces that it has today received notice of the exercise in respect of options granted to Mr John Guy Thompson, a director of S&U plc; 2,500 options under the Company's 2010 Long Term Incentive Plan ("LTIP") were exercised at an exercise price of 12.5 pence per share and 450 options under the Company's 2008 Discretionary Share Option Plan ("DSOP") were exercised at an exercise price of 1,892.5 pence per share. These notices for Mr John Guy Thompson were in respect of a total of 2,950 ordinary shares of 12.5p each ("Ordinary Shares") and these 2,950 Ordinary Shares were sold in the market at an average price of 2,055.83 pence per share. Following these transactions the shareholding of Mr John Guy Thompson is nil.

 

S&U plc has also received due notice of exercise in respect of options granted to members of its senior management under the Company's 2010 Long Term Incentive Plan ("LTIP"). The notices were in respect of a total of 6,000 ordinary shares of 12.5p each ("Ordinary Shares") at the exercise price of 12.5 pence per share. 3,500 of these Ordinary Shares were sold in the market at a price of 2,074 pence per share and 2,500 Ordinary Shares were retained by senior management.

 

In total, 8,950 Ordinary Shares were admitted to trading this week pursuant to an existing block listing, and will rank pari pasu with existing Ordinary Shares.

 

Total Voting Rights

 

Following the issue of these Ordinary Shares, the total number of voting rights in S&U is 11,985,659. This number (11,985,659) should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of S&U under the FCA's Disclosure and Transparency rules.

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

John Guy Thompson

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

S&U PLC

b)

 

LEI

 

 

213800QZ1X2A7J64SQ31

 

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 12.5p each

 

 

ISIN :    GB0007655037

 

b)

 

Nature of the transaction

 

 

Exercise of options under the Company's 2010 Long Term Incentive and 2008 Discretionary Share Option Plans.

c)

 

Price(s) and volume(s)

 

 

 

Exercise Price(s)

 

Volume(s)

12.5p

2,500

1,892.5p

450

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

N/A

 

 

 

 

e)

 

Date of the transaction

 

 

6th October 2017

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

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 12.5p each

 

 

ISIN :    GB0007655037

 

b)

 

Nature of the transaction

 

 

Sale of Ordinary Shares following an exercise of options under the Company's 2010 Long Term Incentive and 2008 Discretionary Share Option Plans.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

2,067.19p

1,000

 

2,050p

1,950

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

Aggregated volume: 2,950

Volume weighted average price: 2,055.83p

 

 

 

e)

 

Date of the transaction

 

 

6th October 2017

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

For further information, please contact: 

Anthony Coombs, Chairman                           S&U plc (www.suplc.co.uk) 0121 705 7777

 

Broker and Financial Adviser

Adrian Trimmings/Rishi Shah                           Peel Hunt                           0207 418 8900

 

Media and Investor Relations

Ged Brumby                                                     Smithfield                            0207 360 4900 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHEAKEKELNXFFF


Related Shares:
S&U (SUS)



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