Last checked at 19 Oct 2018 15:19
Creightons Plc
(the "Company" or "the Group")
Employee Share Option Grant
PDMR/Directors' dealings
Creightons plc announces that options over a total of 7,553,400 ordinary 1p shares in the Company have been granted to 353 employees of companies in the Group and the Company's eight directors as part of the Company's policy of providing long-term share-linked and tax-effective incentives to all employees of the Group employees and directors.
These options have been granted under the Company's 2014 and 2018 Share Option Plans and represent a total dilution of 12.11% of the Company's total equity. All employees with more than 6 months' service have been granted options based on their historic contribution to the Group's success and as an incentive for their future contributions to the Group's performance. The Board believes this is an effective way of rewarding service and commitment to the Group and to provide on-going incentives to all employees and directors.
This grant includes grants of options to all the Directors of the Company:
Director Number of Options
Mr WO McIlroy 900,000
Mr BM Johnson 900,000
Mr M Stevens 400,000
Ms P Clark 600,000
Mr P Forster 300,000
Ms M Carney 150,000
Mr W Glencross 150,000
Mr N O'Shea 150,000
The options were issued at 26.80p per ordinary share and can be exercised between the third and tenth anniversary of the 18th October 2018, subject to the option holder's continued employment. No consideration is payable in respect of the grant of these options and no performance conditions have been set.
Shareholders will benefit from this grant since it re-enforces the Company's policy of providing long-term share-linked and tax-effective incentives to all our employees.
Enquiries:
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR") and the notification below, made in accordance with the MAR, provides further detail in respect of the Directors subscribing for Subscription Shares as described above.
WG McIlroy
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | WG McIlroy | ||||
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 | Options over ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
Nature of the transaction | Award under Employee Share Option Plan | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 19 October 2018 | ||||
f) | Place of the transaction | London | ||||
BM Johnson
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | BM 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 | Options over ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
Nature of the transaction | Award under Employee Share Option Plan | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 19 October 2018 | ||||
f) | Place of the transaction | London | ||||
M Stevens
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | M Stevens | ||||
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 | Options over ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
Nature of the transaction | Award under Employee Share Option Plan | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 19 October 2018 | ||||
f) | Place of the transaction | London | ||||
P Clark
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | P Clark | ||||
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 | Options over ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
Nature of the transaction | Award under Employee Share Option Plan | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 19 October 2018 | ||||
f) | Place of the transaction | London | ||||
P Forster
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | P Forster | ||||
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 | Options over ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
Nature of the transaction | Award under Employee Share Option Plan | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 19 October 2018 | ||||
f) | Place of the transaction | London | ||||
M Carney
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | M Carney | ||||
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 | Options over ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
Nature of the transaction | Award under Employee Share Option Plan | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 19 October 2018 | ||||
f) | Place of the transaction | London | ||||
W Glencross
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | W Glencross | ||||
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 | Options over ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
Nature of the transaction | Award under Employee Share Option Plan | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 19 October 2018 | ||||
f) | Place of the transaction | London | ||||
N O'Shea
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | N O'Shea | ||||
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 | Options over ordinary shares of 1pence each in Creightons plc
ISIN GB0002341666 | ||||
Nature of the transaction | Award under Employee Share Option Plan | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 19 October 2018 | ||||
f) | Place of the transaction | London | ||||