DIRECTOR SHARE OPTIONS

RNS Number : 0455E

Benchmark Holdings PLC

25 February 2020

 

25 February 2020

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

DIRECTOR SHARE OPTIONS 

Benchmark Holdings plc announces that on 21 February 2020, and in accordance with the intention disclosed in its Annual Report and Accounts published on 18 December 2019, options over Ordinary Shares of 0.1 pence each ("Ordinary Shares") were granted to Alexander Raeber, Chief Scientific Officer and Septima Maguire, Chief Financial Officer, under the Company Share Option Plan (CSOP). 

Options over a total of 275,000 Ordinary Shares were granted to Alexander Raeber; and options over a total of 400,000 Ordinary Shares were granted to Septima Maguire.  Following this grant, Alexander Raeber remains interested in 207,658 Ordinary Shares and holds options over a total of 675,000 Ordinary Shares in the Company, representing approximately 0.03% and 0.1% of Benchmark's existing issued share capital respectively. Following this grant, Septima Maguire remains interested in 250,000 Ordinary Shares and now holds options over a total of 400,000 Ordinary Shares in the Company, representing approximately 0.04% and 0.06% 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 42.5 pence per Ordinary Share, and are not subject to performance criteria.

Notification and public disclosure of transactions by persons discharging managerial responsibilities:  

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alexander Raeber
2	Reason for the notification
a)	Position/status	Chief Scientific Officer
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	Options over 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) 42.5 pence 275,000
d)	Aggregated information - Aggregated volume  - Price	Volume:  275,000 Price: Nil
e)	Date of the transaction	21 February 2020
f)	Place of the transaction	Off exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Septima Maguire
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	Options over 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) 42.5 pence 400,000
d)	Aggregated information - Aggregated volume  - Price	Volume:  400,000 Price: Nil
e)	Date of the transaction	21 February 2020
f)	Place of the transaction	Off exchange

 

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