19 Aug 2019 07:00
The Fulham Shore plc
("Fulham Shore" or "the Company")
Grant of options
The Fulham Shore plc (AIM: FUL) announces that the Company has on 16 August 2019 granted 4,225,000 options over ordinary shares in the Company ("Ordinary Shares") to employees pursuant to The Fulham Shore Company Share Option Plan ("CSOP") and the Unapproved Share Option Scheme (together, the "Options"). The Options have an exercise price of 11.25 pence per Ordinary Share (being the closing mid-market price on Thursday 15 August 2019, the day prior to grant). The following Options have been granted to persons discharging managerial responsibilities ("PDMRs") under the Unapproved Share Option Scheme:
Name of PDMR | Role | No. of CSOP Options granted | No. of Unapproved Options granted | Total options over Ordinary Shares now held |
Jawaid Akhtar | Franco Manca Operations Director | - | 100,000 | 1,550,000 |
Tom Byng | Franco Manca Property Director | 110,000 | 90,000 | 900,000 |
Christos Karatzenis | The Real Greek Operations Director | - | 100,000 | 1,200,000 |
The above Options vest on the third anniversary of grant and are exercisable up until the tenth anniversary of grant, subject to continuing employment by the optionholder. There are no additional performance conditions attaching to the Options.
Following the grant of the Options, the Company has a total of 65,666,876 options over new Ordinary Shares outstanding under share option schemes, equivalent to 11.4% of the existing issued share capital of the Company.
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
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a) | Name | Jawaid Akhtar | ||||
2 | Reason for the notification | |||||
a) | Position/status | Franco Manca Operations Director (PDMR)
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b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | The Fulham Shore plc
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b) | LEI | 213800I1MACIDMBA2M29
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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
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a)
| Description of the financial instrument, type of instrument Identification code | Options over ordinary shares of 1p each in The Fulham Shore plc
Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44
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b) | Nature of the transaction | Grant of options
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
n/a
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e) | Date of the transaction | 16 August 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated
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a) | Name | Tom Byng | ||||
2 | Reason for the notification | |||||
a) | Position/status | Franco Manca Property Director (PDMR)
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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
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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 1p each in The Fulham Shore plc
Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44
| ||||
b) | Nature of the transaction | Grant of options
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
e) | Date of the transaction | 16 August 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated
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a) | Name | Christos Karatzenis | ||||
2 | Reason for the notification | |||||
a) | Position/status | The Real Greek Operations Director (PDMR)
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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 | Options over 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 | Grant of options
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
n/a
| ||||
e) | Date of the transaction | 16 August 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
- Ends -
For further information, please contact:
The Fulham Shore plc | www.fulhamshore.com |
David Page / Nick Wong
| 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 |