14 Jul 2017 12:50
14 July 2017
Telford Homes Plc
(the "Company")
Grant of Options
The Company announces that further to the approval of the Telford Homes 2017 Long Term Incentive Plan (the 2017 LTIP) at yesterday's annual general meeting, it has today made awards to employees under the plan including the awards set out below to Persons Discharging Managerial Responsibilities.
The awards set out below are all in the form of nil cost options over ordinary shares of 10 pence each in the Company ("Options"). The Options will vest in 3 years time subject to and in accordance with the Company achieving certain EPS targets as set out in the 2017 LTIP Rules which were described in the Company's 2017 Notice of AGM.
Name | Position | Number of Options |
Jon Di-Stefano | Chief Execuative | 80,498 |
John Fitzgerald | Group Managing Director | 57,812 |
Katie Rogers | Group Financial Director | 57,812 |
David Campbell | Group Sales & Marketing Director | 57,812 |
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
Jon Di-Stefano | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Execuative | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Telford Homes Plc | ||||
b)
| LEI
| 213800UWZRLLDNN7M3R52 | ||||
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 10 pence each in Telford Homes Plc ("Ordinary Shares)
GB0031022154
| ||||
b)
| Nature of the transaction
| Grant of Options under the Telford Homes 2017 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 14.07.2017 | ||||
f)
| Place of the transaction
| Outside of a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
John Fitzgerald | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group 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
| Telford Homes Plc | ||||
b)
| LEI
| 213800UWZRLLDNN7M3R52 | ||||
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 10 pence each in Telford Homes Plc ("Ordinary Shares)
GB0031022154
| ||||
b)
| Nature of the transaction
| Grant of Options under the Telford Homes 2017 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 14.07.2017 | ||||
f)
| Place of the transaction
| Outside of a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
Katie Rogers | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Financial Director | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Telford Homes Plc | ||||
b)
| LEI
| 213800UWZRLLDNN7M3R52 | ||||
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 10 pence each in Telford Homes Plc ("Ordinary Shares)
GB0031022154
| ||||
b)
| Nature of the transaction
| Grant of Options under the Telford Homes 2017 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 14.07.2017 | ||||
f)
| Place of the transaction
| Outside of a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
David Campbell | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Sales & Marketing Director | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Telford Homes Plc | ||||
b)
| LEI
| 213800UWZRLLDNN7M3R52 | ||||
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 10 pence each in Telford Homes Plc ("Ordinary Shares)
GB0031022154
| ||||
b)
| Nature of the transaction
| Grant of Options under the Telford Homes 2017 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A (single transaction)
| ||||
e)
| Date of the transaction
| 14.07.2017 | ||||
f)
| Place of the transaction
| Outside of a trading venue | ||||
Enquiries:
Jon Di-Stefano / Katie Rogers 01992 809800
Patrick Castle / Dru Danford - Shore Capital 0207 408 4090