Last checked at 11 Aug 2021 17:48
12 August 2021
Record plc ('Record' or the 'Company')
Record PLC Director/PDMR Shareholding
The Company announces, in accordance with DTR 3.1.4R(1) that the following senior managers of the Company exercised Unapproved Share Options issued under the Record plc Share Scheme on 11 August as detailed below. The Company was notified of this exercise on 11 August.
Senior manager | Number of Ordinary Shares exercised | Exercise price |
Dmitri Tikhonov | 25,000 | 34.0718p |
Kevin Ayles | 25,000 | 28.9022p |
Rebecca Venis | 62,500 | 28.9022p |
In addition to the above, the Company announces, in accordance with DTR 3.1.4R(1) that on 11 August the following senior managers sold ordinary shares to cover the exercise price and stamp duty reserve tax of the options detailed above, and income tax and national insurance liability arising from the gain on exercise. The Company was notified of this disposal on 11 August.
Senior manager | Number of Ordinary Shares sold | Sale price |
Dmitri Tikhonov | 17,126 | 84.7564p |
Kevin Ayles | 16,311 | 84.7564p |
Rebecca Venis | 40,778 | 84.7564p |
The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as it forms part of retained law as defined in the European Union (Withdrawal) Act 2018):
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a)
| Name
| 1. DMITRI TIKHONOV 2. KEVIN AYLES 3. REBECCA VENIS | |
2 | Reason for the notification | ||
a)
| Position/status
| 1. CHIEF INVESTMENT OFFICER 2. HEAD OF HUMAN RESOURCES 3. DIRECTOR OF STRATEGIC INITIATIVES | |
b)
| Initial notification /Amendment
| INITIAL NOTIFICATION | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a)
| Name
| RECORD PLC | |
b)
| LEI (inclusion optional)
| 5493000VJ55ZTYGX4322 | |
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 SHARES OF 0.025 PENCE PER SHARE
GB00B28ZPS36
| |
b)
| Nature of the transaction
| EXERCISE OF UNAPPROVED OPTIONS OVER ORDINARY SHARES IN ACCORDANCE WITH THE RULES OF THE RECORD PLC SHARE SCHEME | |
c)
| Price(s) and volume(s)
| Prices(s) | Volume(s) |
1. £0.340718 2. £0.289022 3. £0.289022 | 25,000 SHARES 25,000 SHARES 62,500 SHARES
| ||
d)
| Aggregated information - Aggregated volume - Price
|
SEE SECTION C ABOVE | |
e)
| Date of the transaction
| 11 AUGUST 2021 | |
f)
| Place of the transaction
| OUTSIDE A TRADING VENUE | |
The Company also announces, in accordance with DTR 3.1.4R(1) that the following PCA of a senior manager of the Company exercised Approved Share Options issued under the Record plc Share Scheme on 11 August as detailed below. The Company was notified of this exercise on 11 August.
PCA of Senior manager | Number of Ordinary Shares exercised | Exercise price |
James Allen (spouse of Rebecca Venis) | 40,000 | 34.0718p |
In addition to the above, the Company announces, in accordance with DTR 3.1.4R(1) that on 11 August the following PCA of a senior manager sold ordinary shares to cover the exercise price and stamp duty reserve tax of the options detailed above. The Company was notified of this disposal on 11 August.
PCA of Senior manager | Number of Ordinary Shares sold | Sale price |
James Allen (spouse of Rebecca Venis) | 16,160 | 84.7564p |
The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as it forms part of retained law as defined in the European Union (Withdrawal) Act 2018):
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a)
| Name
| JAMES ALLEN | |
2 | Reason for the notification | ||
a)
| Position/status
| PCA/SPOUSE OF REBECCA VENIS (DIRECTOR OF STRATEGIC INITIATIVES) | |
b)
| Initial notification /Amendment
| INITIAL NOTIFICATION | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a)
| Name
| RECORD PLC | |
b)
| LEI (inclusion optional)
| 5493000VJ55ZTYGX4322 | |
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 SHARES OF 0.025 PENCE PER SHARE
GB00B28ZPS36
| |
b)
| Nature of the transaction
| EXERCISE OF APPROVED OPTIONS OVER ORDINARY SHARES IN ACCORDANCE WITH THE RULES OF THE RECORD PLC SHARE SCHEME | |
c)
| Price(s) and volume(s)
| Prices(s) | Volume(s) |
£0.340718 | 40,000 SHARES
| ||
d)
| Aggregated information - Aggregated volume - Price
|
SEE SECTION C ABOVE | |
e)
| Date of the transaction
| 11 AUGUST 2021 | |
f)
| Place of the transaction
| OUTSIDE A TRADING VENUE | |
For any queries related to this notification please contact: Kevin Ayles, Company Secretary on 01753 852222.