24 Jan 2017 12:21
Triad Group plc
("Triad" or "the Company")
Â
Director/PDMR Shareholding
Â
Triad Group plc, the UK-based IT systems, consulting and resourcing company, was notified on 11 January 2017 that Nick Burrows, Finance Director, has exercised 20,000 options over Ordinary shares of 1p each ("Ordinary Shares"), granted pursuant to the Company's 2008 Share Option Scheme, at an exercise price of 14 pence per Ordinary share. In addition, other employees exercised 5,000 options over Ordinary Shares at an exercise price of 14 pence per Ordinary share and 45,000 options over Ordinary shares at an exercise price of 13.5p per Ordinary share.
Â
These 70,000 Ordinary Shares were admitted to trading on 11 January 2017 pursuant to an existing block listing granted to the Company by London Stock Exchange plc and will rank pari pasu with existing Ordinary Shares.
Â
Following the issue of these Ordinary Shares, the total number of voting rights in Triad is 15,309,579, which number should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of Triad under the FCA's Disclosure and Transparency rules.
Â
Â
For further information, please contact: Â | ||
Triad Group Plc Nick Burrows Company Secretary Tel: 01908 278450 | Â | Â |
Â
Â
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
Â
1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||
a)  | Name   | Nick Burrows | ||||
2  | Reason for the notification  | |||||
a)  | Position/status   | Director | ||||
b)  | Initial notification /Amendment   | Initial notification | ||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||
a)  | Name   | Triad Group plc | ||||
b) Â | LEI Â Â | Â | ||||
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 1p each   ISIN : GB0009035741  | ||||
b)  | Nature of the transaction   | Exercise of Options | ||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||
d)  | Aggregated information   - Aggregated volume   - Price   | N/A (Single transaction)        | ||||
e)  | Date of the transaction   | 11 January 2017 | ||||
f)  | Place of the transaction   | Outside of a trading venue | ||||
Â
Triad (TRD)