18 May 2017 15:27
Date: 18 May 2017
EMIS Group plc
Director Dealing - Exercise of Share Options
EMIS Group plc ("the Company") announces that on 17 May 2017 the Company was notified that Peter Southby, Chief Financial Officer, had exercised an option over 15,136 Ordinary Shares of one pence each ("Ordinary Shares") granted at nil cost under the Company's Long Term Share Incentive Award and awarded on 1 May 2014 (which had been the subject of performance conditions).
The Company was also notified that Peter Southby subsequently sold 7,114 Ordinary Shares at a price of £9.44 per Ordinary Share to fund the tax liabilities associated with the exercise. These Ordinary Shares were acquired by JY Trustees Limited on behalf of the EMIS Group plc Employee Benefit Trust.
In addition, Peter Southby transferred the residual 8,022 Ordinary Shares for each of the above transactions to his spouse, Katherine Southby, for nil consideration.
Following this transaction Peter Southby has a total beneficial holding of 20,204 Ordinary Shares representing 0.03% of the Company's issued share capital.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Peter Southby | ||||
2 | Reason for 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 | EMIS Group plc | ||||
b) | LEI | 213800K474ZZK76NX913 | ||||
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 1 pence each in EMIS Group plc
ISIN GB00B61D1Y04 | ||||
b) | Nature of the transaction | Exercise of option over 15,136 ordinary shares of 1pence each granted at nil-cost under the Company's Long Term Share Incentive Award on 1 May 2014. | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
15,136 shares 0.00p | ||||
e) | Date of the transaction | 2017-05-17
| ||||
f) | Place of the transaction | XLON - AIM | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Peter Southby | ||||
2 | Reason for 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 | EMIS Group plc | ||||
b) | LEI | 213800K474ZZK76NX913 | ||||
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 1 pence each in EMIS Group plc
ISIN GB00B61D1Y04 | ||||
b) | Nature of the transaction | Sale of 7,114 ordinary shares at a price of 944.00pence following exercise of options over 15,136 ordinary shares under the Company's Long Term Share Incentive Award. | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
7,114 shares 944.00p | ||||
e) | Date of the transaction | 2017-05-17
| ||||
f) | Place of the transaction | XLON - AIM | ||||
Enquiries:
For further information, contact:
EMIS Group plc
Andy Thorburn, CEO Tel: 0113 380 3000
Peter Southby, CFO
www.emisgroupplc.com
Numis Securities Limited (Nominated Adviser & Broker) Tel: 020 7260 1000
Oliver Hardy / Simon Willis / James Black
MHP Communications Tel: 020 3128 8540
Reg Hoare / Giles Robinson / Charlie Barker