Director/PDMR Shareholding

RNS Number : 6410M

Origin Enterprises Plc

12 May 2020

 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sean Coyle
2	Reason for the notification
a)	Position/status	Chief Financial Officer / PDMR
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Origin Enterprises plc
b)	LEI	213800AIB4U7N5BLS350
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	Origin Enterprises plc Ordinary Shares of €0.01 each IE00B1WV4493
b)	Nature of the transaction	Grant of options under the Origin Enterprises plc 2020 Save-As-You-Earn (SAYE) Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) €2.02 8,910
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	12 May 2020
f)	Place of the transaction	Outside a trading venue
g)	Additional Information	Options are exercisable from 1 July 2023 to 31 December 2023. Sean Coyle cancelled his participation in the 2019 SAYE scheme in accordance with the scheme rules, resulting in the lapse of the 4,166 share options granted to him on 15 May 2019 with an exercise price of €4.32. Following the transaction disclosed here therefore, Sean Coyle's total maximum number of share options under the company's SAYE scheme is 8,910.

 

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