Last checked at 1 May 2019 16:43
1 May 2019
Creightons PLC ("Creightons" or the "Company")
Director/PDMR Option Exercise & Dealing
Voting Rights
The Company announces that Mr Bernard Johnson, Director, has exercised options over 600,000 Ordinary Shares of 1p in the Company at 5.50 pence per share, and has subsequently transferred these shares at nil price to members of his wider family. After the completion of both transactions, Mr Johnson's holding in the Company will remain unaltered at 5,468,844 shares.
The 600,000 new Ordinary Shares of 1p issued in fulfilment of the exercise of these options form part of the block listing authority of 20 March 2019 in respect of employee share options and these shares rank pari passu with the existing Ordinary Shares in issue.
Following this issue, the Company has the ability to issue a further 1,951,100 Ordinary Shares under its block listing facility.
As a result of this issue, the total number of ordinary shares in issue now stands at 63,146,143 and the total number of voting rights in the Company is 63,146,143.
The above figure of 63,146,143 may be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Further to these transactions, Mr Johnson's holding is now as described below:
Name Bernard Johnson | Number of ordinary shares in transaction | Number of ordinary shares held further to the transaction | Percentage of issued share capital |
Option exercise Share Transfer | 600,000 600,000 | 5,387,844 4,787,844 | 8.536% 7.58% |
The Company awarded Mr Johnson options over 1,300,000 ordinary shares in the Company in September 2015 as part of Creighton's policy of including share-and option-based performance-related features in remuneration packages, thereby rewarding directors and managers for the Company's success.
Market Abuse Regulation
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR").
Contacts
Nicholas O'Shea, Creightons plc 01733 281000
Roland Cornish /Felicity Geidt, Beaumont Cornish Limited 0207 628 3396
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail in respect of the Directors subscribing for Director Shares as described above.
Bernard Johnson - exercise of options
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Bernard Johnson | ||||
2 | Reason for notification | |||||
a) | Position / status | Director | ||||
b) | Initial notification /Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Creightons plc | ||||
b) | LEI | 213800WROWAJUBGSAJ57 | ||||
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 Identification code | Ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
| Nature of the transaction | Option Exercise | ||||
| Price(s) and volumes(s) |
| ||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 1 May 2019 | ||||
f) | Place of the transaction | London Stock Exchange, (GLR) | ||||
Bernard Johnson - disposal of shares for nil value
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Bernard Johnson | ||||
2 | Reason for notification | |||||
a) | Position / status | Director | ||||
b) | Initial notification /Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Creightons plc | ||||
b) | LEI | 213800WROWAJUBGSAJ57 | ||||
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 Identification code | Ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
| Nature of the transaction | Transfer of shares for nil value | ||||
| Price(s) and volumes(s) |
| ||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 1 May 2019 | ||||
f) | Place of the transaction | London Stock Exchange, (GLR) | ||||