Last checked at 29 May 2019 13:30
29 May 2019
Worldsec Limited
(the "Company")
Director/PDMR Shareholding
On 29 May 2019 the following options over ordinary shares of US$0.001 each in Worldsec Limited (the "Company") were granted under the Company's Employee Share Option Scheme (the "Scheme"), which was adopted by shareholders in the Company's general meeting on 26 February 1997 and amended in the Company's general meeting on 29 September 2014, to the Directors and persons discharging managerial responsibilities ("PDMRs") as listed below. In addition to the options granted to PDMRs, a total of 300,000 options were also granted to certain staff of the Company.
PDMR | No. of options over ordinary shares granted to PDMRs under this award |
Alastair Gunn-Forbes | 350,000 |
Henry Ying Chew Cheong | 350,000 |
Mark Chung Fong | 350,000 |
Martyn Stuart Wells | 350,000 |
Ernest Chiu Shun She | 350,000 |
The Options granted have an exercise price of US$0.034 per share, which, based on the USD/GBP exchange rate of 0.790 at the Date of Grant, is equivalent to 2.70 pence per share, being ninety per cent of the average of the middle market quotations of the Company's shares (as derived from the Daily Official List of the London Stock Exchange) for the five Business Days immediately preceding the Date of Grant. The Options have a vesting period of six months and a tenure of 10 years from the Date of Grant. Under the Scheme rules, the grantees are not required to pay for the grant of the Options.
Details of the full notifications received by the Company are set out below.
1) | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Alastair Gunn-Forbes |
2 | Reason for Notification | |
a) | Position/status | Director/PDMR |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Worldsec Limited |
b) | LEI | 213800RSLE74B1NP4X17 |
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 US$0.001 in Worldsec Limited BMG9774L1019 |
b) | Nature of the transaction | Grant of options under the Company's Employee Share Option Scheme |
c) | Price(s) and volume(s) | 350,000 at US$0.034 per share (£0.027 per share based on USD/GBP exchange rate of 0.790) |
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | Outside a trading venue |
1) | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Henry Ying Chew Cheong |
2 | Reason for Notification | |
a) | Position/status | Director/PDMR |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Worldsec Limited |
b) | LEI | 213800RSLE74B1NP4X17 |
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 US$0.001 in Worldsec Limited BMG9774L1019 |
b) | Nature of the transaction | Grant of options under the Company's Employee Share Option Scheme |
c) | Price(s) and volume(s) | 350,000 at US$0.034 per share (£0.027 per share based on USD/GBP exchange rate of 0.790) |
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | Outside a trading venue |
1) | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Mark Chung Fong |
2 | Reason for Notification | |
a) | Position/status | Director/PDMR |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Worldsec Limited |
b) | LEI | 213800RSLE74B1NP4X17 |
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 US$0.001 in Worldsec Limited BMG9774L1019 |
b) | Nature of the transaction | Grant of options under the Company's Employee Share Option Scheme |
c) | Price(s) and volume(s) | 350,000 at US$0.034 per share (£0.027 per share based on USD/GBP exchange rate of 0.790) |
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | Outside a trading venue |
1) | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Martyn Stuart Wells |
2 | Reason for Notification | |
a) | Position/status | Director/PDMR |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Worldsec Limited |
b) | LEI | 213800RSLE74B1NP4X17 |
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 US$0.001 in Worldsec Limited BMG9774L1019 |
b) | Nature of the transaction | Grant of options under the Company's Employee Share Option Scheme |
c) | Price(s) and volume(s) | 350,000 at US$0.041 per share (£0.027 per share based on USD/GBP exchange rate of 0.790) |
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | Outside a trading venue |
1) | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Ernest Chiu Shun She |
2 | Reason for Notification | |
a) | Position/status | Director/PDMR |
b) | Initial notification/Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Worldsec Limited |
b) | LEI | 213800RSLE74B1NP4X17 |
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 US$0.001 in Worldsec Limited BMG9774L1019 |
b) | Nature of the transaction | Grant of options under the Company's Employee Share Option Scheme |
c) | Price(s) and volume(s) | 350,000 at US$0.034 per share (£0.027 per share based on USD/GBP exchange rate of 0.790) |
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction |
e) | Date of the transaction | 29 May 2019 |
f) | Place of the transaction | Outside a trading venue |