31 May 2018 12:10
Hydrogen Group Plc
("Hydrogen" or the "Company")
Issue of equity
Director / PDMR holding
Hydrogen Group Plc (AIM: HYDG), a global specialist recruitment business, announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 15,750 new ordinary shares of 1p each ("Option Shares") to satisfy the exercise of options granted under the Company's Enterprise Management Incentive Scheme. These options were exercised at nil cost.
The Option Shares are expected to be admitted to trading on AIM on 6 June 2018.
Ian Temple, CEO of the Company, exercised options equal to 12,000 of the Option Shares, bringing his new holding to 4,060,726 ordinary shares, equal to 12.1% of the Company's issued share capital. Following the exercise of these options, Ian Temple now has options over 425,000 ordinary shares.
Following this admission, the Company's share capital and total voting rights comprises 33,466,573 ordinary shares of 1p each and the Company does not hold any shares in treasury. Consequently, 33,466,573 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Inspired under the FCA's Disclosure and Transparency Rules.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of PDMR | |||||||
(a) | Name | Ian Temple | ||||||
2 | Reason for 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 | Hydrogen Group plc | ||||||
(b) | LEI | 213800DCP8KXISJ4CB68 | ||||||
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 | Ordinary Shares of £0.01 each ISIN: GB00B1DJTV45 | ||||||
(b) | Nature of the transaction | Purchase of Ordinary Shares | ||||||
(c) | Price(s) and volume(s) |
| ||||||
(d) | Aggregated information Aggregated volume Price | N/A | ||||||
(e) | Date of the transaction | 30 May 2018 | ||||||
(f) | Place of the transaction | London Stock Exchange, AIM | ||||||
Enquiries:
Hydrogen Group plc | 020 7090 7702 |
Ian Temple, CEO
| |
Shore Capital (NOMAD and Broker) | 020 7408 4080 |
Edward Mansfield James Thomas |
Notes to the editor
Hydrogen is a specialist recruitment business with a proven global platform with clients' in over 50 countries. Our mission is to empower the careers of our candidates whilst powering businesses by providing their key people. We deliver by building market leading specialist teams that develop a deep understanding of candidate and clients' needs and developing solutions.