7 Jun 2018 10:43
7 June 2018
Cenkos Securities plc
("Cenkos" or the "Company")
Award of shares under Share Incentive Plan and Directors' Dealings
On 5 June 2018, the Company was notified that on that same day Link Asset Services Limited, the independent trustee of the Company's Approved Share Incentive Plan ("SIP"), requested, in accordance with the SIP's rules and on behalf of SIP participants, that it be awarded an aggregate of 39,794 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), at a price of 108.5 pence per Ordinary Share, to meet its obligations under the SIP. Under the terms of the SIP, participating members, including employees and Directors of the Company, could elect to automatically reinvest the dividend payments that it receives under the SIP.
In order to satisfy this commitment, shares have been transferred from existing holdings held under the Cenkos Employee Benefit Trust to the SIP.
All Executive Directors of the Company, being Anthony Hotson, Paul Hodges, Joe Nally and Philip Anderson (the "Participating Directors"), participate in the SIP and had each previously elected to automatically reinvest dividend payments received in respect of Ordinary Shares held under the SIP ("SIP Dividend Shares"). As a result, each of the Participating Directors were each awarded SIP Dividend Shares on 6 June 2017 in the amounts, and at the price, described below.
Following the award of the SIP Dividend Shares, the Participating Directors' shareholdings in the Company are as set out in the table below.
Directors | Number of Ordinary Shares awarded from dividends being reinvested | Price per Ordinary Share (pence) | Total number of Ordinary Shares held | % of issued ordinary share capital |
Anthony Hotson | 343 | 108.5 | 84,776 | 0.15% |
Paul Hodges | 881 | 108.5 | 5,285,574 | 9.56% |
Joe Nally | 881 | 108.5 | 1,213,644 | 2.19 |
Philip Anderson | 343 | 108.5 | 111,685 | 0.20 |
As at 6 June 2018, the Company had 55,310,035 Ordinary Shares in issue.
The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further details in relation to the award of the SIP Shares to the Participating Directors.
Enquiries:
Anthony Hotson +44 20 7397 8900
Chief Executive Officer
Cenkos Securities plc
Martyn Fraser +44 117 376 2213
Nominated Adviser and joint Broker
Smith & Williamson Corporate Finance Limited
Nick Lovering +44 20 7659 1224
Joint Broker
Whitman Howard Limited
David Rydell +44 20 7466 5066
Buchanan Communications | |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Anthony Hotson | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (Chief Executive Officer) | |
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 | - | |
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 | Award of ordinary shares under share incentive plan dividend re-investment | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£1.085 | 343 | ||
d) | Aggregated information | N/A (single transaction) | |
Aggregated volume | |||
Price | |||
e) | Date of the transaction | 6 June 2018 | |
f) | Place of the transaction | Outside of a trading venue | |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Paul Hodges | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (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 | - | |
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 | Award of ordinary shares under share incentive plan dividend re-investment | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£1.085 | 881 | ||
d) | Aggregated information | N/A (single transaction) | |
Aggregated volume | |||
Price | |||
e) | Date of the transaction | 6 June 2018 | |
f) | Place of the transaction | Outside of a trading venue | |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Joe Nally | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (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 | - | |
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 | Award of ordinary shares under share incentive plan dividend re-investment | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£1.085 | 881 | ||
d) | Aggregated information | N/A (single transaction) | |
Aggregated volume | |||
Price | |||
e) | Date of the transaction | 6 June 2018 | |
f) | Place of the transaction | Outside of a trading venue | |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Philip Anderson | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (Finance 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 | - | |
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 | Award of ordinary shares under share incentive plan dividend re-investment | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£1.085 | 343 | ||
d) | Aggregated information | N/A (single transaction) | |
Aggregated volume | |||
Price | |||
e) | Date of the transaction | 6 June 2018 | |
f) | Place of the transaction | Outside of a trading venue | |