28 Jul 2016 18:07
28 July 2016
WYG plc
("WYG" or the "Company")
Grant of Share Options
WYG, the global project management and technical consultancy, announces that on 27 July 2016 nil cost options were granted over ordinary shares of 0.1 pence each ("Options") to PDMRs.
Options granted under the WYG Performance Share Plan were as follows:
PDMR | Options |
Paul Hamer (CEO)* | 477,941 |
Iain Clarkson (CFO)* | 140,000 |
Clive Anderson | 73,529 |
Karen Brookes | 58,935 |
Keith Cook | 73,529 |
Andrzej Dziurdzik | 48,277 |
Timothy Holden | 73,529 |
Gordon Lamond | 70,000 |
Faruk Tekindag | 32,439 |
*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 2019 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 (as approved by shareholders at the 2015 AGM) with TSR measured against a comparator group of support services companies drawn from the FTSE SmallCap, FTSE Fledgling and AIM indices.
Options granted under the WYG Deferred Annual Bonus Plan were as follows:
PDMR | Options |
Paul Hamer (CEO)* | 33,492 |
Clive Anderson | 7,729 |
Karen Brookes | 6,195 |
Keith Cook | 7,729 |
Andrzej Dziurdzik | 5,075 |
Timothy Holden | 7,729 |
Gordon Lamond | 7,358 |
Faruk Tekindag | 3,410 |
*Executive Director
The above Options granted under the WYG Deferred Annual Bonus Plan will vest on 27 July 2019 subject to continued employment at that date.
Following the above grants the interests of Paul Hamer and Iain Clarkson, both directors of the Company, in the ordinary shares of WYG are as follows:
Shares | Vested | PSP | DABS | |
Paul Hamer | 127,303 | 1,662,906 | 896,997 | 33,492 |
Iain Clarkson | 140,000 |
Contacts:
WYG plc Paul Hamer, Chief Executive Officer Iain Clarkson, Chief Financial Officer
| Tel: 0113 278 7111 |
MHP Communications John Olsen / Katie Hunt / Ollie Hoare
| Tel: 020 3128 8100 |
N+1 Singer Sandy Fraser / Nick Owen / James White
| Tel: 020 7496 3000 |
WH Ireland Limited Adrian Hadden / Liam Gribben
| 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 | Paul Hamer | ||||
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 |
511,433 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
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 |
140,000 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
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 |
81,258 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
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 |
81,258 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Gordon Lamond | ||||
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 |
77,358 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
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 |
81,258 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Andrzej Dziurdzik | ||||
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 |
53,352 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Karen Brookes | ||||
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 |
65,130 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Faruk Tekindag | ||||
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 |
35,849 £0.001 | ||||
e) | Date of the transaction | 27 July 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
ENDS