Director Share Options and Issue of Shares

RNS Number : 9750Y

Benchmark Holdings PLC

09 March 2017

 

9 March 2017

BENCHMARK HOLDINGS PLC
("Benchmark" or the "Company" or the "Group")

DIRECTOR SHARE OPTIONS AND ISSUE OF SHARES

Director share options 

Benchmark Holdings plc announces that on 6 March 2017, and in accordance with the intention disclosed in its Annual Report and Accounts published on 24 January 2017, options over a total of 56,938 Ordinary Shares of 0.1 pence each ("Ordinary Shares") were granted to Mark Plampin, the Company's Chief Financial Officer under the Company Share Option Plan (CSOP) in respect of the 2016 deferred bonus.  Following this grant, Mark Plampin remains interested in 536,686 Ordinary Shares and holds options over a total of 124,585 Ordinary Shares in the Company, representing approximately 0.1% and 0.02% of Benchmark's existing issued share capital respectively.

The options granted have a vesting period of three years, may be exercised up to the tenth anniversary of grant, have an exercise price of 0.1 pence per Ordinary Share and are not subject to performance criteria.

Notification and public disclosure of a transaction by a person discharging managerial responsibilities: 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Plampin
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Benchmark Holdings plc
b)	LEI	n/a
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	0.1p ordinary shares ISIN: GB00BGHPT808
b)	Nature of the transaction	Issue of share options under Company Share Option Plan (CSOP)
c)	Price(s) and volume(s)	Exercise price Volume(s) 0.1p 56,938
d)	Aggregated information - Aggregated volume  - Price	Volume: 56,938 Price: Nil
e)	Date of the transaction	6 March 2017
f)	Place of the transaction	AIM Market, London Stock Exchange

Issue of shares and admission to trading

In addition, the Company announces that application has been made for the admission to trading of 25,811 Ordinary Shares pursuant to the exercise of employee options under its Employee Global Share Incentive Plan (SIP). 

Application has been made for these shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 13 March 2017 and that dealings in the shares will commence at that time.

The Company's total issued share capital following the issue of the shares pursuant to the Global SIP will consist of 522,247,168 ordinary shares of 0.1 pence each with one voting right per share. The above figure of 522,247,168 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following Admission.

-Ends-

For further information, please contact: Benchmark Holdings plc Tel: [phone] Malcolm Pye, CEO Roland Bonney, COO Rachel Aninakwah, Communications Numis Tel: [phone] Michael Meade / Freddie Barnfield (NOMAD) James Black (Corporate Broking) Tavistock Tel: [phone] Niall Walsh / Sophie Praill

 

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