Director/PDMR LTIP Awards

RNS Number : 1546K

Van Elle Holdings PLC

27 August 2019

 

27 August 2019

Van Elle Holdings

("Van Elle" or "the Group" or "the Company")

Director/PDMR LTIP Awards

The Company announces that on 16 August 2019 awards were made over ordinary shares of 2 pence each in the capital of the Company ("Shares") under the Van Elle Holdings plc Long Term Incentive Plan 2016 ("LTIP") (the "Awards").  The Awards have been granted in the form of an option to acquire Shares at an exercise price of 2 pence each.  The Awards are governed by the rules of the LTIP and, subject thereto, will vest on the third anniversary of the date of grant to the extent determined in accordance with certain performance criteria.  Further information on the LTIP can be found in the Company's annual report and accounts.

The Awards were issued to certain directors and PDMRs of the Company, as set out below:

Director/PDMR	Number of Shares over which Awards have been made
Mark Cutler (CEO)	703,703
Dave Warner	216,049
Malcolm O'Sullivan	216,049
Peter Handley	185,802
Tony Pontiero	178,024
Matt Love	181,481
Ian Jones	129,629
Mick Mason	129,629

Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

Enquiries:

Instinctif Partners (Financial Public Relations)	Tel: [phone]
Mark Garraway James Gray Rosie Driscoll
Peel Hunt LLP (Nominated Adviser and corporate broker)	Tel: [phone]
Mike Bell Edward Allsopp

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Mark Cutler
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	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 2p ISIN: GB00BYX4TP46
b.	Nature of the transaction	Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2 pence per share (exercise price) 703,703
d.	Aggregated information ·      Aggregated volume ·      Price	As above
e.	Date of the transaction	16 August 2019
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Dave Warner
2.	Reason for the notification
a.	Position/status	Specialist Piling Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 2p ISIN: GB00BYX4TP46
b.	Nature of the transaction	Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2 pence per share (exercise price) 216,049
d.	Aggregated information ·      Aggregated volume ·      Price	As above
e.	Date of the transaction	16 August 2019
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Malcolm O'Sullivan
2.	Reason for the notification
a.	Position/status	Piling Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 2p ISIN: GB00BYX4TP46
b.	Nature of the transaction	Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2 pence per share (exercise price) 216,049
d.	Aggregated information ·      Aggregated volume ·      Price	As above
e.	Date of the transaction	16 August 2019
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Peter Handley
2.	Reason for the notification
a.	Position/status	Business Improvement Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 2p ISIN: GB00BYX4TP46
b.	Nature of the transaction	Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2 pence per share (exercise price) 185,802
d.	Aggregated information ·      Aggregated volume ·      Price	As above
e.	Date of the transaction	16 August 2019
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Tony Pontiero
2.	Reason for the notification
a.	Position/status	Housing Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 2p ISIN: GB00BYX4TP46
b.	Nature of the transaction	Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2 pence per share (exercise price) 178,024
d.	Aggregated information ·      Aggregated volume ·      Price	As above
e.	Date of the transaction	16 August 2019
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Matt Love
2.	Reason for the notification
a.	Position/status	Pre-construction Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 2p ISIN: GB00BYX4TP46
b.	Nature of the transaction	Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2 pence per share (exercise price) 181,481
d.	Aggregated information ·      Aggregated volume ·      Price	As above
e.	Date of the transaction	16 August 2019
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Ian Jones
2.	Reason for the notification
a.	Position/status	Operations Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 2p ISIN: GB00BYX4TP46
b.	Nature of the transaction	Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2 pence per share (exercise price) 129,629
d.	Aggregated information ·      Aggregated volume ·      Price	As above
e.	Date of the transaction	16 August 2019
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Mick Mason
2.	Reason for the notification
a.	Position/status	Group Services Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 2p ISIN: GB00BYX4TP46
b.	Nature of the transaction	Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016
c.	Price(s) and volume(s)	Price(s)  Volume(s) 2 pence per share (exercise price) 129,629
d.	Aggregated information ·      Aggregated volume ·      Price	As above
e.	Date of the transaction	16 August 2019
f.	Place of the transaction	Outside a trading venue

 

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