Last checked at 23 Apr 2021 17:10
Grant of Savings-Related Share Options and Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them
TP ICAP Group plc (the "Company") is pleased to announce that it has launched a Savings-Related Share Option Plan (the "2021 SRSO Plan") for all eligible employees.
Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 25 pence each ("Ordinary Shares") which have been granted at an exercise price of £1.9294 per Ordinary Share in accordance with the terms of the 2021 SRSO Plan. The Options were issued on 23 April 2021 and will normally be exercisable from 1 June 2024 for six months.
1,091 employees have elected to participate in the 2021 SRSO Plan and as a result Options over a total of 7,059,105 Ordinary Shares have been granted in respect of the 2021 SRSO Plan, representing 0.895% of the Company's issued share capital.
The following Persons Discharging Managerial Responsibilities ("PDMRs") have chosen to participate in the 2021 SRSO Plan:
PDMR | Number of shares | Share price | Nature of Transaction |
Nicolas Breteau |
9,329 |
£1.9294
| Grant of an option of ordinary shares of TP ICAP Group plc under the 2021 SRSO Plan |
Robin Stewart |
9,329 |
£1.9294
| Grant of an option of ordinary shares of TP ICAP Group plc under the 2021 SRSO Plan |
Philip Price |
9,329 |
£1.9294
| Grant of an option of ordinary shares of TP ICAP Group plc under the 2021 SRSO Plan |
For further enquiries, please contact Richard Cordeschi, Group Company Secretary.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Nicolas Breteau | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| TP ICAP Group plc | ||||
b)
| LEI
| 2138006YAA7IRVKKGE63 | ||||
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 25p each
JE00BMDZN391 | ||||
b)
| Nature of the transaction
| Grant of an option of ordinary shares of TP ICAP Group plc under the 2021 SRSO Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
9,329
£1.9294
| ||||
e)
| Date of the transaction
| 23 April 2021 | ||||
f)
| Place of the transaction
| Outside of trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Robin Stewart | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| TP ICAP Group plc | ||||
b)
| LEI
| 2138006YAA7IRVKKGE63 | ||||
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 25p each
JE00BMDZN391 | ||||
b)
| Nature of the transaction
| Grant of an option of ordinary shares of TP ICAP Group plc under the 2021 SRSO Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
9,329
£1.9294
| ||||
e)
| Date of the transaction
| 23 April 2021 | ||||
f)
| Place of the transaction
| Outside of trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Philip Price | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director | ||||
b)
| Initial notification /Amendment
| Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| TP ICAP Group plc | ||||
b)
| LEI
| 2138006YAA7IRVKKGE63 | ||||
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 25p each
JE00BMDZN391 | ||||
b)
| Nature of the transaction
| Grant of an option of ordinary shares of TP ICAP Group plc under the 2021 SRSO Plan. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
9,329
£1.9294
| ||||
e)
| Date of the transaction
| 23 April 2021 | ||||
f)
| Place of the transaction
| Outside of trading venue | ||||