Last checked at 1 Apr 2019 07:01
Tyman plc
Director/PDMR Shareholding
Notification and public disclosure of a transaction by a person discharging managerial responsibilities in accordance with the Market Abuse Regulation.
On 1 April 2019, Tyman plc granted an award of 313,627 ordinary shares to Jo Hallas, a person discharging managerial responsibilities, and the Award was accepted by Jo Hallas on that date.
The Award has been granted in connection with the recruitment of Jo Hallas and her appointment as Chief Executive Officer of Tyman plc, further details of which have been separately announced. The award is intended to compensate Jo for unvested LTIP awards granted by her former employer that have been forfeited on joining Tyman plc.
The award has been granted in reliance on Listing Rule 9.4.2(2) and in accordance with Tyman plc's current Directors' Remuneration Policy.
The Award is comprised of two tranches. The first tranche consists of 156,813 shares and is due to vest 30 April 2020, and the second tranche consists of 156,814 shares and is due to vest 30 April 2021. In each case, vesting is subject to Jo Hallas' continued service.
1. | Details of PDMR / person closely associated with them ("PCA") | |||||
a) | Name | JO HALLAS | ||||
2. | Reason for the notification | |||||
a) | Position / status | 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 | TYMAN PLC | ||||
b) | Legal Entity Identifier | 213800AAFUV5PKGQU848 | ||||
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 | ORDINARY SHARES OF 5p EACH IN TYMAN PLC
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Identification code | GB00B29H4253 | |||||
b) | Nature of the transaction | GRANT AND ACCEPTANCE OF A CONDITIONAL AWARD OF SHARES UNDER LISTING RULE 9.4.2(2)
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Aggregated price Aggregated total | NOT APPLICABLE - SINGLE TRANSACTION | ||||
e) | Date of the transaction | 1 APRIL 2019 | ||||
f) | Place of the transaction | OUTSIDE OF A TRADING VENUE | ||||
For further information:
Carolyn Gibson
COMPANY SECRETARY
020 7976 8000