6 Feb 2019 14:07
6 February 2019
Carpetright plc
Lapse of Options under previous SAYE Scheme and Participation in 2019 SAYE Scheme
Carpetright plc (the "Company") today announces that Wilf Walsh has cancelled participation in a previous savings contract associated with the grant of share options under the 2017 Company Save As You Earn Share Option Scheme (SAYE) and the associated options therefore lapsed, and he has joined the 2019 SAYE scheme, pursuant to which options were granted on 6 February 2019, each as set out below:
Name | Position | Number of lapsed options (2017 grant) | Lapsed option price (£) | New options granted (2019 grant) | Grant price (£) |
Wilf Walsh | CEO | 13,846 | 1.30 |
|
|
Wilf Walsh | CEO |
|
| 112,500 | 0.16 |
The options granted today have an exercisable price of 16p per share and are exercisable from 1 April 2022. A total of 27,442,575 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 | 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) |
| ||
| £1.30 | 13,846 |
| ||
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | 13,846 | ||||
- Price | Option price £1.30 | ||||
e)
| Date of the transaction
| 2019-02-06 | |||
f)
| Place of the transaction | Outside a trading venue | |||
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) |
| ||
| 16p | 112,500 |
| ||
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | 112,500 | ||||
- Price | Option price 16p | ||||
e)
| Date of the transaction
| 2019-02-06 | |||
f)
| Place of the transaction | Outside a trading venue | |||
Z Dolan
01708 802000