Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJLH.L Regulatory News (JLH)

  • There is currently no data for JLH

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Grant of Share Options

25 Mar 2019 15:45

RNS Number : 9296T
John Lewis Of Hungerford PLC
25 March 2019
 

25 March 2019

 

John Lewis of Hungerford plc

(the "Company")

 

Grant of Share Options

 

John Lewis of Hungerford Plc (AIM: JLH), the specialist manufacturer and retailer of kitchens, bedrooms and freestanding furniture, announces that it has today granted options over 26,440,838 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at an exercise price of 1 pence per Ordinary Share to all employees and Directors of the Company under the Company's Unapproved and EMI Share Option Plan ("Option Plan").

 

All Directors and PDMR's of the Company have been issued Share Options as follows:

 

Director/PDMR

Number of Share Options granted

Share Options held as a percentage of issued share capital

Gary O'Brien

5,602,366

3.00%

Kiran Noonan

9,337,276

5.00%

James Barnard

746,982

0.40%

Andrew Tucker

746,982

0.40%

Mark Rose

746,982

0.40%

 

Aggressive performance conditions apply to the vesting of options under the Option Plan that are linked to profit and share price performance. In addition, the Option Plan includes a hurdle criteria which stipulates that no Ordinary Shares under the share price performance criteria will vest until the share price of an Ordinary Share reaches 3 pence.

 

The Option Plan was approved by shareholders at the 2018 Annual General Meeting and the principal terms of the Option Plan were summarised in Appendix 1 to the 2018 Notice of AGM available on the Company's website www.john-lewis.co.uk.

 

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

 

Enquiries:

 

John Lewis of Hungerford plc

Gary O'Brien - Chairman

01235 774300

Cenkos Securities plc

Katy Birkin

Azhic Basirov

0207 397 8900

 

 

 

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

Gary O'Brien

 

2

Reason for the notification

a)

Position/status

Non-executive Chairman

 

b)

Initial notification/Amendment

Initial Notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

John Lewis of Hungerford plc

 

b)

LEI

254900N2MR89E8ZEO985

 

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

Ordinary shares of 0.1p each

Identification code

GB0004773148

 

b)

Nature of the transaction

Grant of share options over ordinary shares of 0.1p each

 

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

 

£0.00

5,602,366

 

d)

Aggregated information

N/A (single transaction)

 

Aggregated volume

N/A (single transaction)

 

Price

N/A (single transaction)

 

e)

Date of the transaction

25 March 2019

 

f)

Place of the transaction

Outside of a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kiran Noonan

 

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

John Lewis of Hungerford plc

 

b)

LEI

254900N2MR89E8ZEO985

 

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

Ordinary shares of 0.1p each

Identification code

GB0004773148

 

b)

Nature of the transaction

Grant of share options over ordinary shares of 0.1p each

 

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

 

£0.00

9,337,276

 

d)

Aggregated information

N/A (single transaction)

 

Aggregated volume

N/A (single transaction)

 

Price

N/A (single transaction)

 

e)

Date of the transaction

25 March 2019

 

f)

Place of the transaction

Outside of a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Barnard

 

2

Reason for the notification

a)

Position/status

Non-executive Director

 

b)

Initial notification/Amendment

Initial Notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

John Lewis of Hungerford plc

 

b)

LEI

254900N2MR89E8ZEO985

 

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

Ordinary shares of 0.1p each

Identification code

GB0004773148

 

b)

Nature of the transaction

Grant of share options over ordinary shares of 0.1p each

 

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

 

£0.00

746,982

 

d)

Aggregated information

N/A (single transaction)

 

Aggregated volume

N/A (single transaction)

 

Price

N/A (single transaction)

 

e)

Date of the transaction

25 March 2019

 

f)

Place of the transaction

Outside of a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Tucker

 

2

Reason for the notification

a)

Position/status

PDMR

 

b)

Initial notification/Amendment

Initial Notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

John Lewis of Hungerford plc

 

b)

LEI

254900N2MR89E8ZEO985

 

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

Ordinary shares of 0.1p each

Identification code

GB0004773148

 

b)

Nature of the transaction

Grant of share options over ordinary shares of 0.1p each

 

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

 

£0.00

746,982

 

d)

Aggregated information

N/A (single transaction)

 

Aggregated volume

N/A (single transaction)

 

Price

N/A (single transaction)

 

e)

Date of the transaction

25 March 2019

 

f)

Place of the transaction

Outside of a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Rose

 

2

Reason for the notification

a)

Position/status

PDMR

 

b)

Initial notification/Amendment

Initial Notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

John Lewis of Hungerford plc

 

b)

LEI

254900N2MR89E8ZEO985

 

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

Ordinary shares of 0.1p each

Identification code

GB0004773148

 

b)

Nature of the transaction

Grant of share options over ordinary shares of 0.1p each

 

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

 

£0.00

746,982

 

d)

Aggregated information

N/A (single transaction)

 

Aggregated volume

N/A (single transaction)

 

Price

N/A (single transaction)

 

e)

Date of the transaction

25 March 2019

 

f)

Place of the transaction

Outside of a trading venue

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHSEDFIIFUSELD
Date   Source Headline
29th Jun 20237:00 amRNSCancellation - John Lewis Of Hungerford Plc
28th Jun 202310:05 amRNSHolding(s) in Company
22nd Jun 20236:00 pmRNSJohn Lewis of Hungerford
16th Jun 202311:16 amRNSResult of GM and update on AIM Cancellation
13th Jun 202310:14 amRNSHolding(s) in Company
31st May 20237:00 amRNSProposed AIM cancellation & notice of GM
24th May 202312:09 pmRNSCompletion of sale and leaseback transaction
22nd May 202312:12 pmRNSHolding(s) in Company
18th May 20235:17 pmRNSPurchase of shares by PDMR
11th May 20237:00 amRNSSale & leaseback,proposed delisting & tender offer
30th Mar 20237:00 amRNSHalf-year Report
18th Jan 20235:49 pmRNSResult of AGM
14th Dec 202211:22 amRNSPosting of Annual Report and Notice of AGM
13th Dec 20227:00 amRNSFinal Results
25th May 20227:00 amRNSMello Investor Conference
28th Mar 20227:00 amRNSHalf-year Report
4th Jan 202211:50 amRNSHolding(s) in Company
4th Jan 202211:50 amRNSHolding(s) in Company
4th Jan 20227:00 amRNSPurchase of shares by PDMR
13th Dec 20213:05 pmRNSResult of AGM
2nd Dec 20217:00 amRNSLease signed for new 6,500 sq ft warehouse
12th Nov 202111:42 amRNSPosting of Annual Report and Notice of AGM
9th Nov 20217:00 amRNSFinal Results
12th Aug 20217:00 amRNSTrading Update
16th Jul 202111:36 amRNSHolding(s) in Company
12th Jul 20216:29 pmRNSHolding(s) in Company
8th Jul 20219:17 amRNSHolding(s) in Company
5th Jul 20213:14 pmRNSShare price movement
18th May 20211:13 pmRNSPurchase of shares by PDMR
18th May 202111:02 amRNSHolding(s) in Company
17th May 20217:00 amRNSHolding(s) in Company
17th May 20217:00 amRNSHolding(s) in Company
15th Apr 20212:57 pmRNSResult of AGM
19th Mar 20213:06 pmRNSPosting of Annual Report and Notice of AGM
18th Mar 20217:05 amRNSHalf-year Report
18th Mar 20217:00 amRNSFinal Results
26th Feb 20215:00 pmRNSTotal Voting Rights
12th Feb 20217:00 amRNSSubscription by Directors and a PDMR
17th Dec 20207:00 amRNSTrading update and Extension of reporting deadline
3rd Nov 20207:00 amRNSUpdate on final results announcement
22nd Sep 20207:00 amRNSChange of Adviser
21st Sep 20207:00 amRNSPre-Close Trading Update
30th Jun 20204:44 pmRNSFinancing and Operations Update
6th Apr 202012:07 pmRNSDirectorate Changes
2nd Apr 20205:00 pmRNSHolding(s) in Company
30th Mar 20207:01 amRNSHalf-year Report
30th Mar 20207:00 amRNSCOVID-19 Statement
21st Jan 20203:36 pmRNSResult of AGM
21st Jan 20207:00 amRNSAGM Statement
20th Jan 20207:00 amRNSDirectorate Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.