Grant of Share Options

Tandem Group PLC

08 February 2024

 

8 February 2024

Tandem Group plc

(the "Company")

Grant of Share Options

The Company announces that Richard Hill, Operations Director and a PDMR of the Company, has been granted 10,000 options ("Options") over ordinary shares of 25 pence each in the share capital of the Company ("Ordinary Shares") under the 2019 Employee Share Option Scheme.

The Options have an exercise price of 162.50 pence per ordinary share, being the closing midmarket price per ordinary share on 7 February 2024. The Options are exercisable between 1 January 2027 and 7 February 2034, after which the Options will lapse.

Enquiries:

Tandem Group plc

Peter Kimberley, CEO

David Rock, Company Secretary

Telephone [phone]

Nominated Adviser

Cavendish Capital Markets Limited (Nominated Adviser and Broker)

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Charlie Combe - Sales and Equity Capital Markets

Telephone [phone]

The notification set out below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such dealings.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Richard Hill
2	Reason for notification
a.	Position/Status	Operations Director and PDMR
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Tandem Group plc
b.	LEI	213800WKK3A6NMOB6788
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	Options over ordinary Shares of 25p each ISIN: GB00B460T373
b.	Nature of the transaction	Award of options to subscribe for new ordinary shares at 162.50 pence per ordinary share
c.	Price(s) and volume(s)		Price(s) Volume(s) 162.50p 10,000
d.	Aggregated information - Aggregated Volume - Price	N/A - single transactions
e.	Date of the transaction	8 February 2024
f.	Place of the transaction	Outside of a trading venue

 

END