10 Feb 2017 14:41
10 February 2017
Carpetright plc
Lapse of Options under previous SAYE Schemes and Participation in 2017 SAYE Scheme
Carpetright plc (the "Company") today announces that on 9 February 2017 the Directors named below cancelled participation in their savings contracts associated with the grant of share options under the 2014 and 2015 Company SAYE Share Option Schemes (SAYE) and the associated options therefore lapsed as set out below:
|
| Number of lapsed options from 2014 Scheme with option price of £4.04 per share | Number of lapsed options from 2015 Scheme with option price of £3.47 per share |
|
|
|
|
Wilf Walsh | Director | Nil | 5,187 |
|
|
|
|
Neil Page | Director | 2,227 | 2,593 |
|
|
|
|
The Directors named below have joined the 2017 SAYE Share Option Scheme, pursuant to which options were granted on 10 February 2017 as set out below:
|
| Number of options granted under 2017 Scheme with option price of £1.30 per share |
|
|
|
Wilf Walsh | Director | 13,846 |
|
|
|
Neil Page | Director | 13,846 |
The options granted on 10 February 2017 have an exercisable price of £1.30 per share and are exercisable from 1 April 2020. A total of 3,751,859 shares are under option for this scheme. The Company's SAYE scheme is made available to all permanent UK employees who were employed on a certain date.
Formal notification of the dealings is set out below:
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Neil Page | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Carpetright plc | |||
b)
| LEI
| 213800GO32BSNNHXID90 | |||
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 | |||
Identification code | GB0001772945 | ||||
| |||||
b)
| Nature of the transaction
| Cancellation of SAYE options | |||
c)
| Price(s) and volume(s) |
|
|
|
|
| Option Price(s) | Volume(s) |
| ||
| £4.04 | 2,227 |
| ||
| £3.47 | 2,593 |
| ||
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | 4,820 | ||||
- Price | Option price £3.76 | ||||
e)
| Date of the transaction
| 9 February 2017 | |||
f)
| Place of the transaction |
| |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Neil Page | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chief Financial Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Carpetright plc | |||
b)
| LEI
| 213800GO32BSNNHXID90 | |||
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 | |||
Identification code | GB0001772945 | ||||
| |||||
b)
| Nature of the transaction
| Grant of SAYE options | |||
c)
| Price(s) and volume(s) |
|
|
|
|
| Option Price(s) | Volume(s) |
| ||
| £1.30 | 13,846 |
| ||
d)
| Aggregated information | ||||
- Aggregated volume | 13,846 | ||||
- Price | Option price £1.30 | ||||
e)
| Date of the transaction
| 10 February 2017 | |||
f)
| Place of the transaction |
| |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Wilf Walsh | |||
2
| Reason for the notification | ||||
a)
| Position/status | Chief Executive | |||
b)
| Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Carpetright plc | |||
b)
| LEI
| 213800GO32BSNNHXID90 | |||
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 | |||
Identification code | GB0001772945 | ||||
| |||||
b)
| Nature of the transaction
| Cancellation of SAYE options | |||
c)
| Price(s) and volume(s) |
|
|
|
|
| Price(s) | Volume(s) |
| ||
| £3.47 | 5,187 |
| ||
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | 5,187 | ||||
- Price | Option price £3.47 | ||||
e)
| Date of the transaction
| 9 February 2017 | |||
f)
| Place of the transaction |
| |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Wilf Walsh | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chief Executive | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name | Carpetright plc | |||
b)
| LEI | 213800GO32BSNNHXID90 | |||
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 | |||
Identification code | GB0001772945 | ||||
| |||||
b)
| Nature of the transaction
| Grant of SAYE options | |||
c)
| Price(s) and volume(s) |
|
|
|
|
| Option Price(s) | Volume(s) |
| ||
| £1.30 | 13,846 |
| ||
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | 13,846 | ||||
- Price | Option price £1.30 | ||||
e)
| Date of the transaction
| 10 February 2017 | |||
f)
| Place of the transaction |
| |||
Z Dolan
01708 802000