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Grant of Options

27 Sep 2018 13:32

RNS Number : 1997C
Legendary Investments PLC
27 September 2018
 

27 September 2018

Legendary Investments PLC ("Legendary")

Grant of Options

Legendary announces, that further to the announcement of 3 September 2018, on 25 September 2018, 100,000,000 options were granted to Lord Monson over existing ordinary shares of 0.1p each in the Company under the Company share option scheme. Subject to completion of the Company's share capital reorganisation, announced yesterday, and which is due to complete today at 6.00 p.m., the 100,000,000 options will be adjusted so that Lord Monson will hold 265,118 options over new ordinary shares of 0.1p each ("New Ordinary Shares"). The exercise price of the adjusted options will be 75.4 pence per New Ordinary Share, the options vest immediately and they have a life of 10 years. Lord Monson, currently holds no other beneficial interest in the Company.

 

- ENDS -

Legendary Investments PLC

Zafar Karim / Thomas Reuner

 

020 8201 3536

Nominated Adviser

Grant Thornton UK LLP

Broker

Colin Aaronson / Harrison Clarke

020 7383 5100

S.P. Angel Corporate Finance LLP

 

Richard Parlons / Richard Morrison

020 3470 0470

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain. 

About Legendary Investments PLC

Legendary Investments PLC focuses on assisting companies and making investments which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary takes stakes in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.

www.leginvest.com 

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Lord Nicholas Monson

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Legendary Investments Plc

b)

 

LEI

 

 

213800UXR58OZUHUD663

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

Ordinary shares of 0.1 pence each

Identification code

Leg

 

b)

 

Nature of the transaction

 

 

Grant of options

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s) 75.4p

Volume(s) 100,000,000

 

 

 

 

 

 

 

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

e)

 

Date of the transaction

 

 

25/9/2018

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

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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