Last checked at 4 Jul 2022 14:08
FW Thorpe Plc
("FW Thorpe" or the "Company")
Exercise of Share Options, PDMR Dealing, Transaction in Own Shares and Total Voting Rights
FW Thorpe announces that it was notified that on 01 July 2022 Andrew Thorpe, non-executive Director, exercised share options ("Share Options") over 80,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 124 pence per Ordinary Share. To satisfy the exercise of these Share Options 80,000 existing Ordinary Shares have been transferred out of treasury.
The Share Options were granted in 2014 under the Company's Executive Share Option Plan and became exercisable on 30 September 2020 following the satisfaction of performance conditions relating to the Company's earnings per Ordinary Share.
Following this transaction, Andrew Thorpe's interest in the Company is 25,892,700 Ordinary Shares, representing approximately 22.1% of the Company's issued Ordinary Shares.
Total voting rights
The issued share capital of the Company comprises 118,935,590 Ordinary Shares. Following the exercise of the Share Options referred to above, the Company holds 1,744,004 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 117,191,586. This figure of 117,191,586 may be used by the Company's shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of FW Thorpe under the DTRs.
For further information, please contact:
FW Thorpe Plc
Mike Allcock - Chairman and Joint Chief Executive Tel: 01527 583200
Craig Muncaster - Joint Chief Executive and Financial Director
Singer Capital Markets - Nominated Adviser
Steve Pearce/James Moat Tel: 020 7496 3000
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Andrew Thorpe | ||||||
2
| Reason for the notification
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a)
| Position/status
| Director, FW Thorpe plc (PDMR) | ||||||
b)
| Initial notification /Amendment
| Initial Notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| FW Thorpe plc | ||||||
b)
| LEI
| 2138007NXVPPRAXXHT76 | ||||||
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 1p each
ISIN Code: GB00BC9ZLX92
| ||||||
b)
| Nature of the transaction
| Exercise of options | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
| |||||||
e)
| Date of the transaction
| 01 July 2022 | ||||||
f)
| Place of the transaction
| Off market | ||||||