21 Jun 2018 15:58
21 June 2018
WYG plc
("WYG" or the "Company")
Grant of Share Options
WYG, the global project management and technical consultancy, announces that on 18 June 2018 nil cost options were granted over a total of 1,340,000 ordinary shares of 0.1 pence each ("Options") to PDMRs.
Options granted under the WYG Performance Share Plan were as follows:
PDMR | Options |
Douglas McCormick (CEO)* | 175,000 |
Iain Clarkson (CFO)* | 125,000 |
Clive Anderson | 80,000 |
Keith Cook | 80,000 |
Jesper Damgaard | 80,000 |
Sam Kissack | 80,000 |
Benjamin Whitworth | 80,000 |
Marc Davies | 80,000 |
Andrew Gillespie | 80,000 |
Craig Hatch | 80,000 |
Steve Oldroyd | 80,000 |
Tim Holden | 80,000 |
Mark Jackson | 80,000 |
Rajiv Sudan | 80,000 |
Rich Roberts | 80,000 |
*Executive Directors
The above Options granted under the WYG Performance Share Plan will vest on the date that the Remuneration Committee determines that the performance condition relating to the period ending 31 March 2021 has been satisfied. Vesting of the above Options will be determined in equal measure by the achievement of absolute EPS growth targets and relative total shareholder return ("TSR") targets with TSR measured against a comparator group of support services companies drawn from the FTSE SmallCap, FTSE Fledgling and AIM indices.
Following the above grants the interests of Douglas McCormick and Iain Clarkson, both directors of the Company, in the ordinary shares of WYG are as follows:
| Shares | Vested Options | PSP Awards |
Douglas McCormick | 20,495 |
| 412,000 |
Iain Clarkson | 20,000 |
| 365,000 |
Contacts:
WYG plc Douglas McCormick, Chief Executive Officer Iain Clarkson, Chief Financial Officer
| Tel: 0113 278 7111 |
MHP Communications Katie Hunt / Ollie Hoare / Pete Lambie
| Tel: 020 3128 8100 |
N+1 Singer Sandy Fraser / Rachel Hayes / James White
| Tel: 020 7496 3000 |
WH Ireland Limited Tim Feather / Ed Allsopp
| Tel: 020 7220 1666 |
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the grant of options to PDMRs.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Douglas McCormick | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer, WYG plc | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
175,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Iain Clarkson | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer, WYG plc | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
125,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Clive Anderson | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Keith Cook | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Jesper Damgaard | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Samantha Kissack | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Benjamin Whitworth | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Marc Davies | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Andrew Gillespie | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Craig Hatch | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Steve Oldroyd | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Tim Holden | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mark Jackson | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Rajiv Sudan | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Rich Roberts | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | WYG plc | ||||
b) | LEI | 2138003OYDPIPAK8CK51 | ||||
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 |
Option over Ordinary Shares
ISIN for WYG plc Ordinary Shares: GB00B5N5WH70
| ||||
b) | Nature of the transaction | Grant of option | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
80,000 £0.001 | ||||
e) | Date of the transaction | 18 June 2018 | ||||
f) | Place of the transaction | Off market | ||||
ENDS