1 Sep 2017 13:59
Change in Directors' interests in the shares of BTG plc ("BTG" or the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities.
Sharesave
The Company runs an HMRC approved Sharesave Scheme in which all UK staff are eligible to participate. The Sharesave options granted in 2014 became eligible for exercise from 1 September 2017.
Louise Makin participated in this Scheme, holding an option over 2,165 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at an exercise price of 498.67p per share.
On 1 September, Louise elected to exercise her options at a cost of £10,796.21. Following this transaction, Louise Makin's shareholding has increased from 770,499 to 772,664 shares, being 0.2% of the issued share capital.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name:
| Louise Makin | |
2 | Reason for the notification | ||
a) | Position/status: | Chief Executive Officer | |
b) | Initial notification/amendment | Initial notification | |
3 | Details of the Issuer | ||
a) | Name | BTG plc | |
b) | Legal Entity Identifier: | 213800DCVRNVRVINH968 | |
4 | Details of the transaction(s): Parts a-d of this section are 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) | BTG plc Ordinary Shares of 10 pence each ISIN: GB0001001592 | |
b) | Nature of the transaction | Exercise of options under the BTG plc Sharesave Plan | |
c) | Price(s) and volume(s) | Price(s) £4.9867 per share | Volume(s) 2,165 |
d) | Aggregated information
- Aggregated volume
- Price |
2,165 £4.9867 | |
e) | Date of the transaction | 1 September 2017 | |
f) | Place of the transaction | Outside a trading venue | |
Enquiries:
Andy Burrows, Vice President, Corporate and Investor Relations
+44 (0)20 7575 1741; Mobile: +44 (0)7990 530605