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31 May 2017 07:00
WH IRELAND GROUP PLC
("WH Ireland", "WHI" or the "Company")
PDMR Trading
WH Ireland announces that on 30 May 2017, Adam Pollock, a PDMR of the Company, and the WH Ireland Group plc Employee Share Ownership Trust ("ESOT") entered into a joint share ownership agreement ("JSOA") in relation to 200,000 ordinary shares of 5p each in the Company ("JSOA Shares").
Under the terms of the JSOA, Adam Pollock has an option to acquire the ESOT's interest in the JSOA Shares for nil cost at any time between 30 May 2020 and 30 May 2027 provided certain performance conditions are met based on achieving group and divisional profit targets.
Following entering into the JSOA, Mr. Pollock will hold the following interests in the share capital of the Company:
Number of Shares | Percentage of voting rights | Nature of holding |
200,000 | n/a | Held jointly with the ESOT |
22,937 | 0.08% | Beneficial* |
*these shares are held through Adam Pollock's SIPP, AJ Bell Securities Limited.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Adam Pollock | ||||
2 | Reason for the notification | |||||
a) | Position/status | Head of Corporate and Institutional Broking | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WH Ireland Group plc | ||||
b) | LEI | 213800HB9TO5O4WD6S66 | ||||
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 | Options over Ordinary shares of 5p
GB0009241885 | ||||
b) | Nature of the transactions | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
200,000 Subject to conditions set out in Agreement
| ||||
e) | Date of the transaction | 30 May 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
For further information please contact:
WH Ireland Group plc www.whirelandplc.com
Richard Killingbeck, Chief Executive Officer +44(0) 20 7220 1666
SPARK Advisory Partners Limited | |
Mark Brady/Miriam Greenwood | +44(0) 203 368 3551/3550 |
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