Grant of SAYE Options

RNS Number : 0730F

Clarke(T.) PLC

24 October 2018

 

TClarke plc
("the Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that on 24^th October 2018, the following Executive Directors and PDMR's of the Company were granted options over ordinary shares of 10p each in Company ("Shares") under the TClarke Sharesave Scheme ("the Scheme") as follows:

Executive Director:	Number of shares options:	Exercise price of options
Mark Lawrence	4,807	74.88p per share
Mike Crowder	4,807	74.88p per share
Trevor Mitchell	4,807	74.88p per share
PDMR:
Andy Griffiths	4,807	74.88p per share
Gary Jackson	4,807	74.88p per share
David Lanchester	4,807	74.88p per share

No consideration was paid for the grant of the options.  The Scheme was formally launched for 2018 on 24^th September 2018 and was made available to all eligible employees.  The options have an exercise price of 74.88p per share, which represents a discount of 10% to the market price at close on 23^rd September 2018, being the day preceding the Scheme launch.  Options may normally be exercised during the six months following the Maturity Date at the end of the three year savings period.  The Maturity Date is 1^st December 2021.  A total of 1,479,847 shares are under option for the Scheme.

Formal notifications in respect of the grant of options to the Executive Directors and PDMR's are below; 1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Name Mark Lawrence 2 Reason for the notification a) Position/status Group Chief Executive Officer and Executive Director (PDMR). b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name TClarke plc b) LEI 213800OIP8MU517BK123 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 10 pence each GB0002015021 b) Nature of the transaction Grant of a share option under the TClarke plc Sharesave Scheme c) Price(s) and volume(s) Price(s) Volume(s) £0.7488 4,807 d) Aggregated information - Aggregated volume - Price N/A (single transaction) e) Date of the transaction 2018-10-24 f) Place of the transaction Outside a trading venue 1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Name Mike Crowder 2 Reason for the notification a) Position/status Group Managing Director and Executive Director (PDMR). b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name TClarke plc b) LEI 213800OIP8MU517BK123 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 10 pence each GB0002015021 b) Nature of the transaction Grant of a share option under the TClarke plc Sharesave Scheme c) Price(s) and volume(s) Price(s) Volume(s) £0.7488 4,807 d) Aggregated information - Aggregated volume - Price N/A (single transaction) e) Date of the transaction 2018-10-24 f) Place of the transaction Outside a trading venue 1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Name Trevor Mitchell 2 Reason for the notification a) Position/status Group Finance Director and Executive Director (PDMR). b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name TClarke plc b) LEI 213800OIP8MU517BK123 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 10 pence each GB0002015021 b) Nature of the transaction Grant of a share option under the TClarke plc Sharesave Scheme c) Price(s) and volume(s) Price(s) Volume(s) £0.7488 4,807 d) Aggregated information - Aggregated volume - Price N/A (single transaction) e) Date of the transaction 2018-10-24 f) Place of the transaction Outside a trading venue 1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Name Andy Griffiths 2 Reason for the notification a) Position/status Group Systems Director and member of the Group Management Board (PDMR). b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name TClarke plc b) LEI 213800OIP8MU517BK123 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 10 pence each GB0002015021 b) Nature of the transaction Grant of a share option under the TClarke plc Sharesave Scheme c) Price(s) and volume(s) Price(s) Volume(s) £0.7488 4,807 d) Aggregated information - Aggregated volume - Price N/A (single transaction) e) Date of the transaction 2018-10-24 f) Place of the transaction Outside a trading venue 1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Name Gary Jackson 2 Reason for the notification a) Position/status Managing Director, Scotland and member of the Group Management Board (PDMR). b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name TClarke plc b) LEI 213800OIP8MU517BK123 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 10 pence each GB0002015021 b) Nature of the transaction Grant of a share option under the TClarke plc Sharesave Scheme c) Price(s) and volume(s) Price(s) Volume(s) £0.7488 4,807 d) Aggregated information - Aggregated volume - Price N/A (single transaction) e) Date of the transaction 2018-10-24 f) Place of the transaction Outside a trading venue 1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated a) Name David Lanchester 2 Reason for the notification a) Position/status Company Secretary and member of the Group Management Board (PDMR). b) Initial notification/Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name TClarke plc b) LEI 213800OIP8MU517BK123 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 10 pence each GB0002015021 b) Nature of the transaction Grant of a share option under the TClarke plc Sharesave Scheme c) Price(s) and volume(s) Price(s) Volume(s) £0.7488 4,807 d) Aggregated information - Aggregated volume - Price N/A (single transaction) e) Date of the transaction 2018-10-24 f) Place of the transaction Outside a trading venue For further information contact: TClarke plc Mark Lawrence - Group Chief Executive Trevor Mitchell - Finance Director David Lanchester - Company Secretary Tel: [phone] www.tclarke.co.uk N+1 Singer (Financial Adviser and Broker) Sandy Fraser Rachel Hayes Tel: [phone] www.nplus1singer.com RMS Partners Simon Courtenay Tel: [phone]

24 October 2018

 

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