Last checked at 12 Nov 2020 10:01
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. Upon publication of this announcement, this information is now considered to be in the public domain.
For immediate release | 12 November 2020 |
Gateley (Holdings) PLC
('Gateley', the "Company" or the 'Group')
Grant of SAYE Options and PDMR Dealings
Gateley, the legal and professional services group, announces that on 10 November 2020, it made a grant of options under its Save As You Earn ("SAYE") share scheme, which is available for all employees.
Eligible employees were invited to subscribe for options over the Company's ordinary shares of 10 pence each ("Ordinary Shares") at an exercise price of 102 pence, representing a 20% discount to the closing middle market price of the Ordinary Shares on 14 October 2020, the dealing day before the invitation to participate was made ("SAYE Options"). The SAYE Options have a contract start date of 6 November 2020 and are exercisable between 7 November 2023 and 6 May 2024.
A total of 332 employees elected to participate, and pursuant to these elections a total of 2,291,370 SAYE Options have been issued, equating to 1.9% of the current issued share capital. Victoria Walker, Tom Rush, Vikki Whittemore and Nick Capell, directors and/or PDMRs of the Company, have elected to subscribe for SAYE Options which are included in the total figures above and detailed further in the tables below.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Victoria Walker | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Group HR Director and Director of Gateley Plc | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Gateley (Holdings) Plc | ||||||
b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
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 instrumentIdentification Code | 3 year option over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
b. | Nature of the transaction | Subscription for SAYE Options | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
£1.02 | 17,647 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
e. | Date of the transaction | 6 November 2020 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Tom Rush | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Member of Gateley Plc Operations board | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Gateley (Holdings) Plc | ||||||
b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
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 instrumentIdentification Code | 3 year option over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
b. | Nature of the transaction | Subscription for SAYE Options | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
£1.02 | 8,824 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
e. | Date of the transaction | 6 November 2020 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Nick Capell | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Group IT Director and member of Gateley Plc Operations board | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Gateley (Holdings) Plc | ||||||
b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
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 instrumentIdentification Code | 3 year option over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
b. | Nature of the transaction | Subscription for SAYE Options | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
£1.02 | 17,647 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
e. | Date of the transaction | 6 November 2020 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Vikki Whittemore | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Group Marketing Director and member of Gateley Plc Operations board | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Gateley (Holdings) Plc | ||||||
b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
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 instrumentIdentification Code | 3 year option over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
b. | Nature of the transaction | Subscription for SAYE Options | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
£1.02 | 3,529 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
e. | Date of the transaction | 6 November 2020 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||
Enquiries:
Gateley (Holdings) Plc | |
Neil Smith, Finance Director | Tel: +44 (0) 121 234 0196 |
Nick Smith, Acquisitions Director and Head of Investor Relations | Tel: +44 (0) 20 7653 1665 |
Cara Zachariou, Head of Corporate Communications | Tel: +44 (0) 121 234 0074 Mob: +44 (0) 7703 684 946 |
finnCap - Nominated adviser and broker | Tel: +44 (0) 20 7220 0575 |
Matt Goode / James Thompson (Corporate Finance) | |
Andrew Burdis (ECM) | |
N+1 Singer - Joint broker | Tel: +44 (0) 20 7496 3000 |
Peter Steel (Corporate Finance) | |
Rachel Hayes (Corporate Broking) | |
Belvedere Communications Limited - Financial PR | |
Cat Valentine (cvalentine@belvederepr.com) | Mob: +44 (0) 7715 769 078 |
Keeley Clarke (kclarke@belvederepr.com) | Mob: +44 (0) 7967 816 525 |