Director Dealing - Exercise of Share Options

RNS Number : 3730L

EMIS Group PLC

29 April 2020

 

Date: 29 April 2020 

EMIS Group plc

Director Dealing - Exercise of Share Options

EMIS Group plc ("the Company") announces that on 28 April 2020 the Company was notified that Peter Southby, Chief Financial Officer, had exercised an option over 2,880 Ordinary Shares of one pence each ("Ordinary Shares") granted at nil cost under the Company's Long Term Share Incentive Award and awarded on 21 April 2017 (which had been the subject of performance conditions).

The Company was also notified that Peter Southby subsequently sold 1,361 Ordinary Shares at a price of £10.20 per Ordinary Share to fund the tax liabilities associated with the exercise.

In addition, Peter Southby transferred the residual 1,519 Ordinary Shares for the above transaction to his spouse, Katherine Southby, for nil consideration.

Following this transaction Peter Southby has a total beneficial holding of 25,517 Ordinary Shares representing  0.04% of the Company's issued share capital.

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	Peter Southby
2	Reason for notification
a)	Position / status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EMIS Group plc
b)	LEI	213800K474ZZK76NX913
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	Ordinary shares of 1 pence each in EMIS Group plc ISIN GB00B61D1Y04
b)	Nature of the transaction	Exercise of option over 2,880 ordinary shares of 1pence each granted at nil-cost under the Company's Long Term Share Incentive Award on 21 April 2017.
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 0.00 p  2,880
d)	Aggregated information -  Aggregated volume -  Price	2,880 shares 0.00p
e)	Date of the transaction	2020-04-28
f)	Place of the transaction	XLON - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Southby
2	Reason for notification
a)	Position / status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EMIS Group plc
b)	LEI	213800K474ZZK76NX913
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	Ordinary shares of 1 pence each in EMIS Group plc ISIN GB00B61D1Y04
b)	Nature of the transaction	Sale of 1,361 ordinary shares at a price of 1020.00pence following exercise of options over 2,880 ordinary shares under the Company's Long Term Share Incentive Award.
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1020.00p  1,361
d)	Aggregated information -  Aggregated volume -  Price	1,361 shares 1020.00p
e)	Date of the transaction	2020-04-28
f)	Place of the transaction	XLON - AIM

Enquiries:

For further information, contact:

EMIS Group plc 

Andy Thorburn, CEO  Tel: [phone]

Peter Southby, CFO

www.emisgroupplc.com

Numis Securities Limited (Nominated Adviser & Broker)  Tel: [phone]

Oliver Hardy / Simon Willis / James Black

MHP Communications                                                                                  Tel: [phone]

Reg Hoare / Giles Robinson / Florence Mayo   

 

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