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Director/PDMR Shareholding

20 Jul 2020 15:23

RNS Number : 5291T
Workspace Group PLC
20 July 2020
 

20 July 2020

WORKSPACE® GROUP PLC 

DIRECTOR/PDMR SHAREHOLDING

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them

Workspace Group PLC (the "Company") announces that on 20 July 2020 it was notified that Graham Clemett (a person discharging managerial responsibility for the Company) cancelled his participation in savings contracts associated with the grant of share options under the Company's 2018 and 2019 Save As You Earn Share Option Schemes ("SAYE Schemes") and the associated options therefore lapsed as follows:

1. Number of lapsed options from 2018 SAYE Scheme with an option price of 860p per Ordinary Share: 1,046 

2. Number of lapsed options from 2019 SAYE Scheme with an option price of 702p per Ordinary Share: 1,282

1.

Details of PDMR/person closely associated with them ('PCA')

a)

Name

Graham Clemett

2.

 Reason for the notification

 

a)

Position/status

CEO

b)

Initial notification/

amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Workspace Group PLC

b)

LEI

2138003GUZRFIN3UT430

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 transaction(s) has been conducted

a)

Description of the financial instrument

Ordinary Shares of 100p ISIN GB00B67G5X01

 

 

 

 

 

b)

Nature of the transaction

Lapse of options in respect of the Company's 2018 and 2019 SAYE Schemes

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.

860p

1046

2.

702p

1282

 

 

 

d)

Aggregated information

 

Aggregated volume: 2328

Average Option Price: 781p

 

 

e)

Date of the transaction

20 July 2020

f)

Place of the transaction

 

Outside a trading venue

    

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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