Grant of Options and PDMR Dealings

RNS Number : 3568Z
Latham(James) PLC
09 January 2020
 

James Latham plc

("James Latham" or "the Company")

Grant of Options and PDMR Dealings

 

The Company announces that, on 9 January 2020, the Trustees of the Company's CSOP scheme issued 2,121 shares to certain PDMRs of the Company under the 2014 CSOP scheme at a price of 565p per share. The resulting shareholdings are shown in the table below.

 

PDMR

CSOP                                     

Resultant Shareholding                      

Resultant Total Voting

Nick Latham                         

707    

638,062                                                

3.21%

David Dunmow                    

707    

136,288                                                

0.69%

Piers Latham                        

707    

635,237                                                

3.19%

 

 

The Company also announces that on 2 January 2020, it issued 193,215 options under the James Latham plc Save as You Earn Scheme at a price of 727p per share. The options can be exercised between 1 March 2023 and 1 September 2023. Included in this are the following options allocated to PDMRs:

 

PDMR

Options granted                                           

Nick Latham                         

2,475

David Dunmow                    

2,475

Piers Latham                        

2,475

Andrew Wright                   

1,237

 

 

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: 01442 849 100

Nick Latham, Chairman


David Dunmow, Finance Director




SP Angel Corporate Finance LLP


Matthew Johnson / Charlie Bouverat (Corporate Finance)

Tel: 0203 470 0470

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

 

 

1.

Nick Latham

2.

David Dunmow

3.

Piers Latham

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

1.

Chairman

2.

Finance Director

3.

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

 

 

Issue of shares under Company CSOP scheme

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




1.

565.0 p

2.

565.0 p

3.

565.0 p

1.

707

2.

707

3.

707







d)

 

Aggregated information




- Aggregated volume

As above



- Price




e)

 

Date of the transaction

 

 

09 January 2020

f)

 

Place of the transaction

 

 

Outside a trading venue

 

Issue of options:

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

1.

Nick Latham

2.

David Dunmow

3.

Piers Latham

4.

Andrew Wright

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

1.

Chairman

2.

Finance Director

3.

Executive Director

4.

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

 

 

Grant of options under Company Save as You Earn Scheme

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




1.

727.0 p

2.

727.0 p

3.

727.0 p

4.

727.0 p

1.

2,475

2.

2,475

3.

2,475

4.

1,237







d)

 

Aggregated information




- Aggregated volume

As above



- Price




e)

 

Date of the transaction

 

 

02 January 2020

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHKKCBNABKDQDK
UK 100

Latest directors dealings