12 Apr 2017 15:35
Date: 12 April 2017
EMIS Group plc
Director Dealing - Exercise of Share Options
EMIS Group plc ("the Company") announces that on 11 April 2017 the Company was notified that Chris Spencer, Chief Executive Officer, had exercised an option over 25,229 ordinary shares of one pence each ("Ordinary Shares") granted at nil cost under the Company's Long Term Share Incentive Award and awarded on 16 January 2014 (which had been the subject of performance conditions).
The Company was also notified that Chris Spencer subsequently sold 11,858 Ordinary Shares at a price of £9.13 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.
Following this transaction Chris Spencer has a total beneficial holding of 301,627 Ordinary Shares representing 0.48% 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 | Christopher Spencer | ||||
2 | Reason for notification | |||||
a) | Position / status | Chief Executive 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 25,229 ordinary shares of 1pence each granted at nil-cost under the Company's Long Term Share Incentive Award on 16 January 2014. | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
25,229 shares 0.00p | ||||
e) | Date of the transaction | 2017-04-11
| ||||
f) | Place of the transaction | XLON - AIM | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Christopher Spencer | ||||
2 | Reason for notification | |||||
a) | Position / status | Chief Executive 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 11,858 ordinary shares at a price of 913.00pence following exercise of options over 25,229 ordinary shares under the Company's Long Term Share Incentive Award. | ||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
11,858 shares 913.00p | ||||
e) | Date of the transaction | 2017-04-11
| ||||
f) | Place of the transaction | XLON - AIM | ||||
Enquiries:
For further information, contact:
EMIS Group plc 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