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Director/PDMR Shareholding

12 May 2020 11:04

RNS Number : 6410M
Origin Enterprises Plc
12 May 2020
 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Sean Coyle

2

Reason for the notification

 

a)

Position/status

Chief Financial Officer / PDMR

b)

Initial Notification Amendment

Initial Notification

3

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

a)

Name

Origin Enterprises plc

b)

LEI

213800AIB4U7N5BLS350

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

Origin Enterprises plc Ordinary Shares of €0.01 each

 

 

 

 

IE00B1WV4493

b)

Nature of the transaction

Grant of options under the Origin Enterprises plc 2020 Save-As-You-Earn (SAYE) Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

€2.02

8,910

d)

Aggregated information

- Aggregated volume

- Price

 

Not applicable - single transaction

 

e)

Date of the transaction

12 May 2020

f)

Place of the transaction

Outside a trading venue

g)

Additional Information

Options are exercisable from 1 July 2023 to 31 December 2023.

 

Sean Coyle cancelled his participation in the 2019 SAYE scheme in accordance with the scheme rules, resulting in the lapse of the 4,166 share options granted to him on 15 May 2019 with an exercise price of €4.32.

 

Following the transaction disclosed here therefore, Sean Coyle's total maximum number of share options under the company's SAYE scheme is 8,910.

 

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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