Grant of Options and PDMR Dealings

RNS Number : 8568X

Latham(James) PLC

23 December 2019

 

James Latham plc

("James Latham" or "the Company")

Grant of Options and PDMR Dealings

The Company announces that, on 23 December 2019, the Trustees of the Company's CSOP scheme granted 13,408 share options at 965p to be exercised between 23^rd December 2024 and 22^nd December 2029. This includes options granted to the following PDMR's:

PDMR	Number of options granted
David Dunmow	466
Nick Latham	466
Andrew Wright	466
Piers Latham	466

In addition, James Latham announces that on 23^rd December 2019, Andrew Wright exercised his option over 1,262 shares from the Company's 2013 CSOP scheme at 396p per share, and also exercised his option over 1,592 shares from the Company's Save as You Earn Scheme at 565p per share. Mr Wright's shareholding now totals 29,908 shares which represents approximately 0.15% of the Company's issued share capital.

For further information please visit www.lathams.co.uk or contact:

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.

James Latham plc	Tel: [phone]
Nick Latham, Chairman
David Dunmow, Finance Director
SP Angel Corporate Finance LLP
Matthew Johnson / Charlie Bouverat (Corporate Finance)	Tel: [phone]
Abigail Wayne (Corporate Broking)

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Grant of options:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Dunmow Nick Latham Andrew Wright Piers Latham
2	Reason for the notification
a)	Position/status	Finance Director Chairman Managing Director Executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	James Latham plc
b)	LEI	2138008M4LVEDHBPBU41
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 25p each
	Identification code	GB00B04NP100
b)	Nature of the transaction	Grant of options under CSOP scheme
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			965.0 p 965.0 p 965.0 p 965.0 p	466 466 466 466
d)	Aggregated information
	- Aggregated volume	As above
	- Price
e)	Date of the transaction	23 December 2019
f)	Place of the transaction	Outside a trading venue

Exercise of options:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Wright
2	Reason for the notification
a)	Position/status	Managing Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	James Latham plc
b)	LEI	2138008M4LVEDHBPBU41
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 25p each
	Identification code	GB00B04NP100
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			396.0p 565.0p	1,262 1,592
d)	Aggregated information
	- Aggregated volume	As above
	- Price
e)	Date of the transaction	23 December 2019
f)	Place of the transaction	Outside a trading venue

 

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