23 Jul 2019 16:42
The Fulham Shore plc
("Fulham Shore" or "the Company")
Exercise of options and Director shareholdings
The Fulham Shore plc (AIM: FUL) announces the exercise of options over a total of 2,231,944 ordinary shares of 1 pence each in the Company ("Ordinary Shares") by certain directors (together, the "Option Exercises") and subsequent sales of Ordinary Shares, as detailed further below.
David Page, Executive Chairman, has today exercised 1,115,972 options over Ordinary Shares at an exercise price of 2p per option. Mr Page has sold the shares issued to him pursuant to the Option Exercises at a price of 12.0p per Ordinary Share. As a result, Mr Page's interest in the Company's share capital remains unchanged at 81,267,120 Ordinary Shares, equivalent to 14.17 per cent. of the Company's issued share capital (as enlarged by the Option Exercises). Following this exercise of options, Mr Page has 10,267,093 unexercised options over the Company's Ordinary Shares.
Nabil Mankarious, Managing Director, has today exercised 1,115,972 options over Ordinary Shares at an exercise price of 2p per option. Mr Mankarious has sold the shares issued to him pursuant to the Option Exercises at a price of 12.0p per Ordinary Share. As a result, Mr Mankarious's interest in the Company's share capital remains unchanged at 113,927,434 Ordinary Shares, equivalent to 19.86 per cent. of the Company's issued share capital (as enlarged by the Option Exercises). Following this exercise of options, Mr Mankarious has 10,267,093 unexercised options over the Company's Ordinary Shares.
David Page and Nabil Mankarious have both sold their shares in order to fund personal tax bills.
Issue of equity
Application has been made for the admission to trading on AIM ("Admission") of the 2,231,944 Ordinary Shares issued pursuant to the Option Exercises and it is expected that Admission will occur on 29 July 2019.
Total voting rights
Following Admission, the Company's issued share capital will consist of 573,617,181 Ordinary Shares, each with one voting right. The Company does not hold any Ordinary Shares in treasury. The aforementioned figure of 573,617,181 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
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 | David Page | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Chairman
| ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a) | Name | The Fulham Shore plc
| ||||
b) | LEI | 213800I1MACIDMBA2M29
| ||||
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 1p each in The Fulham Shore plc
Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44
| ||||
b) | Nature of the transaction | Exercise of options
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
e) | Date of the transaction | 23 July 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name | David Page | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Chairman
| ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a) | Name | The Fulham Shore plc
| ||||
b) | LEI | 213800I1MACIDMBA2M29
| ||||
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 1p each in The Fulham Shore plc
Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44
| ||||
b) | Nature of the transaction | Sale of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
e) | Date of the transaction | 23 July 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name | Nabil Mankarious | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director
| ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a) | Name | The Fulham Shore plc
| ||||
b) | LEI | 213800I1MACIDMBA2M29
| ||||
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 1p each in The Fulham Shore plc
Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44
| ||||
b) | Nature of the transaction | Exercise of options
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
e) | Date of the transaction | 23 July 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name | Nabil Mankarious | ||||
2 | Reason for the notification | |||||
a) | Position/status | Managing Director
| ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a) | Name | The Fulham Shore plc
| ||||
b) | LEI | 213800I1MACIDMBA2M29
| ||||
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 1p each in The Fulham Shore plc
Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44
| ||||
b) | Nature of the transaction | Sale of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
e) | Date of the transaction | 23 July 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
- Ends -
For further information, please contact:
The Fulham Shore plc | www.fulhamshore.com |
Nick Wong / Nick Donaldson
| Tel: 020 3026 8129 |
Allenby Capital Limited Nick Naylor / Jeremy Porter / James Reeve |
Tel: 0203 328 5656
|
Hudson Sandler - Financial PR Alex Brennan / Lucy Wollam | fulhamshore@hudsonsandler.com Telephone: 020 7796 4133 |