24 Aug 2018 11:34
Telecom Plus PLC (or "the Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities
Telecom Plus PLC (trading as the Utility Warehouse), which supplies a wide range of utility services to both residential and business customers, announces that as part of its all employee Save As You Earn share scheme (the "SAYE Scheme"), the following Persons Discharging Managerial Responsibilities elected to participate in the SAYE scheme:
Name of PDMR
| Number of SAYE options granted |
Charles Wigoder | 1,727 |
Eligible employees were invited to subscribe for options over ordinary shares of 5 pence each ("Ordinary Shares") with an option price of 1,042 pence per share, representing the average closing share price 3 days prior to the 30 July 2018, being the invite date.
Pursuant to this, a total of 40,343 options over Ordinary Shares were granted on 23 August 2018, equating to 0.05% of the current issued ordinary share capital.
The attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of options granted on 23 August 2018 under the SAYE Scheme.
For further information, please contact:
Telecom Plus PLC
David Baxter
Tel: (020) 8955 5000
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: | Charles Wigoder | |
2 | Reason for the notification | ||
a) | Position/Status:
| Executive Chairman | |
b) | Initial Notification/Amendment:
| Initial Notification | |
3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
a) | Name: | Telecom Plus PLC | |
b) | LEI: | 549300QGHDX5UKE58G86 | |
4. | Details of 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: Identification code: | Ordinary shares of £0.05 in Telecom Plus PLC
ISIN GB0008794710 | |
b) | Nature of the transaction:
| Grant of options to acquire Telecom Plus PLC Ordinary Shares under the Company's SAYE Scheme
| |
c) | Price(s) and volume(s): | Price(s) | Volume(s) |
1,042p | 1,727 | ||
d) | Aggregated price(s) and volume(s): | Price(s) | Volume(s) |
1,042p | 1,727 | ||
e) | Date of the Transaction: | 23 August 2018 | |
f) | Place of the Transaction: | Outside a trading venue | |
Telecom Plus (TEP)