Director/PDMR Shareholding

RNS Number : 9094T

Tyman PLC

22 March 2023

 

TYMAN PLC

("Tyman" or the "Company" or the "Group")

DIRECTOR/PDMR SHAREHOLDINGS

Tyman plc announces that it has been notified of the following transactions in the Company's ordinary 5p shares ("Ordinary Shares") undertaken by the Executive Directors and PDMRs, Jo Hallas, CEO and Jason Ashton, CFO.

DEFERRED SHARE BONUS PLAN (THE "DSBP")

On 20 March 2023, deferred shares awarded to Directors of the Company on 20 March 2020 under the terms of the Company's DSBP 2019 (as part of the annual bonuses for the year ended 31 December 2019) vested and have been transferred to award holders, net of associated tax liabilities and costs.  This vesting was satisfied in accordance with the Group's policy through the transfer of shares from the Tyman Employees Benefit Trust.

Shares originally awarded to Directors, shares sold and retained are as follows:

Executive Directors	Shares Received on vesting of DSBP award	Shares Sold	Shares retained
Jo Hallas	31,802	14,985	16,817
Jason Ashton	18,343	8,643	9,700

The releases under the DSBP include additional shares received in lieu of dividends, which are subject to tax.

The following disclosure is made in accordance with Article 19 of EU Market Abuse Regulation No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1	Details of the persons discharging managerial responsibilities / person closely associated
a)	Names	i.  JO HALLAS ii. JASON ASHTON
2	Reason for the notification:  AWARD OF OPTIONS
a)	Position/status	i.  CHIEF EXECUTIVE OFFICER ii. CHIEF FINANCIAL OFFICER
b)	Initial notification /Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	TYMAN PLC
b)	LEI	213800AAFUV5PKGQU848
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 5P EACH
	Identification code	ISIN NUMBER:GB00B29H4253
b)	Nature of the transaction	A.  VESTING OF DSBP SHARES. B.  SALES OF SHARES TO SATISFY THE TAX LIABILITY AND FEES ARISING FROM A VESTING OF DEFERRED SHARES.
c)	Prices (s) and volume(s)		Price	Volume
		A i.	£2.35	31,802
		A ii.	£2.35	18,343
		B i.	£2.35	14,985
		B ii.	£2.35	8,643
d)	Aggregated information
	- Aggregated volume	A.50,145 B. 23,628
	- Price	A. £2.35 B. £2.35
e)	Date of the transaction	20 March 2023
f)	Place of the transaction	LONDON STOCK EXCHANGE

22 March 2023 Enquiries:
Tyman plc	020 7976 8000
Peter Ho - General Counsel & Company Secretary	www.tymanplc.com

 

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