Last checked at 8 Jul 2016 10:06
Young & Co.’s Brewery, P.L.C. (the “Company”)
PDMR Notifications
Circumstances giving rise to the notifications
Today, 8 July 2016, the Company granted options over 46,732 A shares of 12.5p each in the Company’s capital pursuant to the Young & Co.’s Brewery, P.L.C. Savings-Related Share Option Scheme (the “Scheme”).
The number of options granted represents 0.1% of the Company’s issued share capital (i.e. A shares and non-voting shares combined) and 0.16% of the Company’s issued A share capital.
Ordinarily, the options will not be exercisable until 1 September 2019 and will lapse six months later to the extent not exercised.
The option price is 964p per share. This price was set in accordance with the rules of the Scheme.
Of the number of options referred to above, 1,866 were granted to directors of the Company as follows:
| ● | Torquil Sligo-Young, Information Resources Director | 933 | ||
| ● | Peter Whitehead, Finance Director | 933 |
A block admission arrangement is in place for the A shares needed to satisfy all of the above options.
PDMR notifications
The Company today received the following notifications:
From Torquil Sligo-Young:
| 1 | Details of the Restricted Person / person closely associated with him or her | ||||
| a) | Name | Torquil Charles fflorance Barrow Sligo-Young | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Information Resources Director | |||
| b) | Initial notification / Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Young & Co.’s Brewery, P.L.C. | |||
| b) | LEI | 213800JMZDORXCMKFW06 | |||
| 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, under a savings related share option scheme, to purchase 933 A Ordinary shares of 12.5p each in the capital of Young & Co.’s Brewery, P.L.C. at 964p per share.
GB00B2NDK765 (for the underlying A Ordinary shares of 12.5p each in the capital of Young & Co.’s Brewery, P.L.C.) | |||
| b) | Nature of the transaction | Grant of the option referred to in a) above. | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s) | |||
| d) | Aggregated information - Aggregated volume - Price | ||||
| e) | Date of the transaction | 2016-07-08; GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
From Peter Whitehead:
| 1 | Details of the Restricted Person / person closely associated with him or her | ||||
| a) | Name | Peter Wright Whitehead | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Finance Director | |||
| b) | Initial notification / Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Young & Co.’s Brewery, P.L.C. | |||
| b) | LEI | 213800JMZDORXCMKFW06 | |||
| 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, under a savings related share option scheme, to purchase 933 A Ordinary shares of 12.5p each in the capital of Young & Co.’s Brewery, P.L.C. at 964p per share.
GB00B2NDK765 (for the underlying A Ordinary shares of 12.5p each in the capital of Young & Co.’s Brewery, P.L.C.) | |||
| b) | Nature of the transaction | Grant of the option referred to in a) above. | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s) | |||
| d) | Aggregated information - Aggregated volume - Price | ||||
| e) | Date of the transaction | 2016-07-08; GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
Anthony Schroeder
Company Secretary
Friday, 8 July 2016
View source version on businesswire.com: http://www.businesswire.com/news/home/20160708005205/en/
Copyright Business Wire 2016