Grant of Options and Director/PDMR Shareholding

RNS Number : 7099Q

Titon Holdings PLC

29 June 2022

 

29 June 2022

Titon Holdings Plc

Grant of options and Director/PDMR Shareholding

Titon Holdings Plc (the "Company") announces that it has granted options to Alexandra French, CEO over a total of 150,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares"). The options, which have been granted under the EMI Share Option Plan 2021, are subject to a performance condition as described in the Company's 2020 annual report and accounts, are expected to vest three years after the date of grant, will be exercisable for a period of seven years from vesting and each have an exercise price of 95.0 pence.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail. 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them .

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Alexandra French
2	Reason for the notification
a)	Position/status		CEO
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Titon Holdings plc
b)	LEI	213800ZHXS8G27RM1D97
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 10 pence each in Titon Holdings Plc Ordinary Share ISIN: GB0008941402
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 150,000 options
d)	Aggregated information  - Aggregated volume  - Price	150,000 options Nil cost of grant
e)	Date of the transaction	29 June 2022
f)	Place of the transaction	Outside of a trading venue

For further information please contact: 

Titon Holdings plc Keith Ritchie	Tel: [phone]
Shore Capital - Nominated Adviser and Broker Daniel Bush Tom Knibbs	Tel: [phone]

 

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