SIP Share Award and Directors' Dealings

RNS Number : 6518Q

Cenkos Securities PLC

07 June 2018

 

7 June 2018

Cenkos Securities plc

("Cenkos" or the "Company")

Award of shares under Share Incentive Plan and Directors' Dealings

On 5 June 2018, the Company was notified that on that same day Link Asset Services Limited, the independent trustee of the Company's Approved Share Incentive Plan ("SIP"), requested, in accordance with the SIP's rules and on behalf of SIP participants, that it be awarded an aggregate of 39,794 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), at a price of 108.5 pence per Ordinary Share, to meet its obligations under the SIP. Under the terms of the SIP, participating members, including employees and Directors of the Company, could elect to automatically reinvest the dividend payments that it receives under the SIP.

In order to satisfy this commitment, shares have been transferred from existing holdings held under the Cenkos Employee Benefit Trust to the SIP.

All Executive Directors of the Company, being Anthony Hotson, Paul Hodges, Joe Nally and Philip Anderson (the "Participating Directors"), participate in the SIP and had each previously elected to automatically reinvest dividend payments received in respect of Ordinary Shares held under the SIP ("SIP Dividend Shares"). As a result, each of the Participating Directors were each awarded SIP Dividend Shares on 6 June 2017 in the amounts, and at the price, described below.

Following the award of the SIP Dividend Shares, the Participating Directors' shareholdings in the Company are as set out in the table below.

Directors	Number of Ordinary Shares awarded from dividends being reinvested	Price per Ordinary Share (pence)	Total number of Ordinary Shares held	% of issued ordinary share capital
Anthony Hotson	343	108.5	84,776	0.15%
Paul Hodges	881	108.5	5,285,574	9.56%
Joe Nally	881	108.5	1,213,644	2.19
Philip Anderson	343	108.5	111,685	0.20

As at 6 June 2018, the Company had 55,310,035 Ordinary Shares in issue.

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further details in relation to the award of the SIP Shares to the Participating Directors.

Enquiries:

Anthony Hotson                                                                           [phone]

Chief Executive Officer       

Cenkos Securities plc

Martyn Fraser                                                                                     [phone]

Nominated Adviser and joint Broker

Smith & Williamson Corporate Finance Limited

Nick Lovering                                                                                     [phone]

Joint Broker

Whitman Howard Limited

David Rydell                                                                                 [phone]

Buchanan Communications

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anthony Hotson
2	Reason for the notification
a)	Position/status	PDMR (Chief Executive Officer)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 1p each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£1.085	343
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	6 June 2018
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Hodges
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 1p each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£1.085	881
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	6 June 2018
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joe Nally
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 1p each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£1.085	881
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	6 June 2018
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Anderson
2	Reason for the notification
a)	Position/status	PDMR (Finance Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	-
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 1p each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Award of ordinary shares under share incentive plan dividend re-investment
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£1.085	343
d)	Aggregated information	N/A (single transaction)
	Aggregated volume
	Price
e)	Date of the transaction	6 June 2018
f)	Place of the transaction	Outside of a trading venue

 

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