16 Nov 2020 16:30
16 November 2020
Cenkos Securities plc
("Cenkos" or the "Company")
Grant of Options under SAYE Scheme and Director/PDMR Shareholdings
Cenkos Securities plc announces that as part of the Company's approved Save As You Earn scheme (the "Scheme") options to subscribe for ordinary shares in the Company ("Ordinary Shares") have today been granted.
Under the Scheme. which was made available to all employees, a total of 38 employees of the Company, including one Director of the Company and one of the Company's 'persons discharging managerial responsibility' (a "PDMR"), have applied to participate in the Scheme resulting in the grant of options to subscribe for an aggregate of 1,011,684 Ordinary Shares in the Company.
The Options have an exercise price, calculated in accordance with the rules of the Scheme, of 40.27 pence per Option (representing a 20% discount to the average closing mid-market price per Ordinary Share on 15, 16, and 19 October 2020, being the three days prior to the invitation to participate in the Scheme being made). Subject to the rules of the Scheme participants will be able to exercise their Options within six-months commencing from 1 January 2014.
The following Director and PDMR of the Company applied to participate in the Scheme and have been granted Options in the amounts shown below:
| Options granted |
Director |
|
Julian Morse - Executive Director | 44,698 |
PDMR |
|
Jeremy Osler - Joint Head of Corporate Finance and Legal Counsel | 44,698 |
The notifications below, are made in accordance with the EU Market Abuse Regulation and provide further details in relation to the grant of the Options to the Director and to the PDMR.
For further information, please contact:
Cenkos Securities plc Jim Durkin, Chief Executive Officer
| Tel: 0207 397 8900 |
SPARK Advisory Partners Limited Matt Davis, Nominated Adviser | Tel: 0203 368 3552 |
Buchanan Communications David Rydell, PR Adviser
| Tel: 0207 466 5066 |
NOTIFICATIONS AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Julian Morse
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Cenkos Securities plc | |||
b)
| LEI
| 213800ALVRC52VN3I821
| |||
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 | Ordinary shares of 1p each | |||
Identification code | GB00B1FLHR07 | ||||
b)
| Nature of the transaction
| Grant of options to subscribe for new ordinary shares under the Company's SAYE scheme | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Option price 40.27 pence | 44,698 | ||||
d)
| Aggregated information | n/a - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 16 November 2020 | |||
f)
| Place of the transaction | Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Jeremy Osler
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR Joint Head of Corporate Finance and Legal Counsel | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Cenkos Securities plc | |||
b)
| LEI
| 213800ALVRC52VN3I821
| |||
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 | Ordinary shares of 1p each | |||
Identification code | GB00B1FLHR07 | ||||
b)
| Nature of the transaction
| Grant of options to subscribe for new ordinary shares under the Company's SAYE scheme | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Option price 40.27 pence | 44,698 | ||||
d)
| Aggregated information | n/a - single transaction | |||
- Aggregated volume | |||||
| |||||
- Price | |||||
e)
| Date of the transaction
| 16 November 2020 | |||
f)
| Place of the transaction | Outside a trading venue | |||