Last checked at 23 Dec 2019 12:28
James Latham plc
("James Latham" or "the Company")
Grant of Options and PDMR Dealings
The Company announces that, on 23 December 2019, the Trustees of the Company's CSOP scheme granted 13,408 share options at 965p to be exercised between 23rd December 2024 and 22nd December 2029. This includes options granted to the following PDMR's:
PDMR | Number of options granted |
David Dunmow | 466 |
Nick Latham | 466 |
Andrew Wright | 466 |
Piers Latham | 466 |
In addition, James Latham announces that on 23rd December 2019, Andrew Wright exercised his option over 1,262 shares from the Company's 2013 CSOP scheme at 396p per share, and also exercised his option over 1,592 shares from the Company's Save as You Earn Scheme at 565p per share. Mr Wright's shareholding now totals 29,908 shares which represents approximately 0.15% of the Company's issued share capital.
For further information please visit www.lathams.co.uk or contact:
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
James Latham plc | Tel: 01442 849 100 |
Nick Latham, Chairman | |
David Dunmow, Finance Director | |
SP Angel Corporate Finance LLP | |
Matthew Johnson / Charlie Bouverat (Corporate Finance) | Tel: 0203 470 0470 |
Abigail Wayne (Corporate Broking) |
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Grant of options:
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
a)
| Name
|
| |||||||||
2
| Reason for the notification
| ||||||||||
a)
| Position/status
|
| |||||||||
b)
| Initial notification /Amendment
| Initial Notification | |||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
a)
| Name
| James Latham plc | |||||||||
b)
| LEI
| 2138008M4LVEDHBPBU41 | |||||||||
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 25p each
| |||||||||
Identification code | GB00B04NP100 | ||||||||||
b)
| Nature of the transaction
| Grant of options under CSOP scheme | |||||||||
c)
| Price(s) and volume(s) | ||||||||||
Price(s) | Volume(s) | ||||||||||
|
466 | ||||||||||
d)
| Aggregated information | ||||||||||
- Aggregated volume | As above | ||||||||||
- Price | |||||||||||
e)
| Date of the transaction
| 23 December 2019 | |||||||||
f)
| Place of the transaction
| Outside a trading venue | |||||||||
Exercise of options:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a)
| Name
| Andrew Wright
| ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| Managing Director | ||||||
b)
| Initial notification /Amendment
| Initial Notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| James Latham plc | ||||||
b)
| LEI
| 2138008M4LVEDHBPBU41 | ||||||
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 25p each
| ||||||
Identification code | GB00B04NP100 | |||||||
b)
| Nature of the transaction
| Exercise of options | ||||||
c)
| Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
|
| |||||||
d)
| Aggregated information | |||||||
- Aggregated volume | As above | |||||||
- Price | ||||||||
e)
| Date of the transaction
| 23 December 2019 | ||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||