20 Aug 2020 09:00
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
GYG PLC
NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
("PDMRs")
Grant of options under the GYG plc Performance Share Plan
GYG plc (AIM: GYG), a market leading superyacht painting, supply and maintenance company, announces that, in line with the proposal set out in the results for the year ended 31 December 2019, options were granted on 18 August 2020 to the following PDMRs under the GYG plc Performance Share Plan 2017 at an exercise price of £0.002 per share.
Name | Title | Number of options granted |
Remy Millott | Chief executive officer | 157,868 |
Rupert Savage | Chief commercial officer | 106,561 |
Kevin McNair | Chief financial officer | 90,210 |
Raúl Galan | Chief operating officer | 51,119 |
Peter Brown | Senior manager | 48,112 |
James Millott | Senior manager | 18,794 |
Ada Cañellas Martorell | Senior manager | 17,290 |
Matthew Campi | Senior manager | 15,035 |
Manuel Ayme | Senior manager | 13,832 |
These options will vest in 2023 to the extent stretching EPS targets are met in FY22.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Remy Millott |
2 | Reason for the 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 | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 157,868 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 157,868 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Rupert Savage |
2 | Reason for the notification | |
a) | Position/status | Chief commercial officer |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 106,561 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 106,561 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Kevin McNair |
2 | Reason for the 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 | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 90,210 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 90,210 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Raúl Galan Cartaña |
2 | Reason for the notification | |
a) | Position/status | Chief commercial officer |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 51,119 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 51,119 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Peter Brown |
2 | Reason for the notification | |
a) | Position/status | Senior manager |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 48,112 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 48,112 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | James Millott |
2 | Reason for the notification | |
a) | Position/status | Senior Manager |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 18,794 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 18,794 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Ada Cañellas Martorell |
2 | Reason for the notification | |
a) | Position/status | Senior manager |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 17,290 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 17,290 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Matt Campi |
2 | Reason for the notification | |
a) | Position/status | Senior manager |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 15,035 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 15,035 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Manuel Aymee |
2 | Reason for the notification | |
a) | Position/status | Senior manager |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | GYG plc |
b) | LEI | 254900QDNKYRS233MM94 |
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 £0.002 each
ISIN GBOOBZ4FM652 |
b) | Nature of the transaction | Grant of options under the GYG plc Performance Share Plan |
c) | Price(s) and volume(s) | Price: £0.002
Volume: 13,832 |
d) | Aggregated information | Aggregated price: £0.002
Aggregated volume: 13,832 |
e) | Date of transaction | 18 August 2020 |
f) | Place of transaction | Outside of trading venue |
For further information:
GYG plc Remy Millott, Chief Executive Officer Kevin McNair, Chief Financial Officer
| via FTI Consulting Tel: +44 (0) 20 3727 1000
|
Zeus Capital Limited (NOMAD & Broker) John Goold, Dominic King Dan Bate, Nick Cowles, Jordan Warburton
| Tel: +44 (0) 20 3829 5000
|
FTI Consulting (Financial PR) Alex Beagley Fiona Walker
| Tel: +44 (0) 20 3727 1000
|