10 Apr 2019 16:46
Low & Bonar PLC (the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated to them
The PDMR listed in the table below was granted options under the Low & Bonar 2018 Sharesave Scheme ("Sharesave") over fully paid up Ordinary Shares of 5 pence each in the Company. Further to the recent Placing and Open Offer and Firm Placing the number of options and the exercise price has been adjusted as per the Company's Sharesave scheme rules relating to capital reorganisations and approved by HM Revenue and Customs and the Company's Remuneration Committee.
The transaction notification for the affected PDMR can be found below. This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Philip de Klerk | ||||
2. | Reason for the notification | |||||
a. | Position/status | Group 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 | Low & Bonar PLC | ||||
b. | LEI | 213800CALFKOEL7N7P1O | ||||
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 5p shares
ISIN: GB0005363014
| ||||
b. | Nature of the transaction | Adjustment of Share Options under the Low & Bonar 2018 Sharesave Scheme following the Placing and Open Offer and Firm Placing
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price | n/a single transaction
| ||||
e. | Date of the transaction | 2019/04/10 | ||||
f. | Place of the transaction | Outside a trading venue | ||||