8 Jul 2016 13:48
Hayward Tyler Group plc
("Hayward Tyler", the "Company" or "Group")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
Hayward Tyler Group plc (AIM: HAYT.L), the specialist engineering group, today announces that a grant of options was made to certain Directors by the Remuneration Committee on 7 July 2016, under the rules of the Company's 2015 Company Share Option Plan ("CSOP" or "CSOP Options").
The attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.
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: | Ewan Lloyd-Baker | ||||
2. | Reason for the notification | |||||
a) | Position/status: | PDMR, 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: | Hayward Tyler Group plc | ||||
b) | LEI: | Pending | ||||
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: | Share options over ordinary shares of 1 pence each
IM00B511CF53 | ||||
b) | Nature of the transaction: | Grant of options over ordinary shares under the 2015 Company Share Option Scheme | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 2016-07-07 17.00hrs UTC+1 | ||||
f) | Place of the transaction: | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Nicholas Flanagan | ||||
2. | Reason for the notification | |||||
a) | Position/status: | PDMR, 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: | Hayward Tyler Group plc | ||||
b) | LEI: | Pending | ||||
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: | Share options over ordinary shares of 1 pence each
IM00B511CF53 | ||||
b) | Nature of the transaction: | Grant of options over ordinary shares under the 2015 Company Share Option Scheme | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 2016-07-07 17.00hrs UTC+1 | ||||
f) | Place of the transaction: | Outside a trading venue | ||||
The CSOP Options become exercisable after three years subject to continued service.
CSOP Options which have vested may be exercised up to 10 years from the date of grant.
Further information on the CSOP can be found in the announcement dated 23 June 2015 and will be included in the Company's Report and Accounts for the year ended 31 March 2017.
Enquiries:
Hayward Tyler Group plc Ewan Lloyd-Baker, Chief Executive OfficerNicholas Flanagan, Chief Financial Officer
| +44 (0)1582 731144 |
finnCap Limited - NOMAD & Broker (Nominated Adviser & Broker) Matt Goode - Corporate Finance Grant Bergman - Corporate Finance Emily Watts - Corporate Finance Tony Quirke - Corporate Broking
| +44 (0)20 7220 0500 |
Buchanan Communications Charles Ryland, Chris Judd, Jane Glover HaywardTyler@buchanan.uk.com | +44(0) 20 7466 5000 |