Grant of SAYE Options and PDMR Shareholdings

RNS Number : 1880O

Cenkos Securities PLC

15 May 2018

 

15 May 2018

Cenkos Securities plc

("Cenkos" or the "Company")

Grant of Options under SAYE Scheme and Director/PDMR Shareholdings

Cenkos Securities plc announces that as part of the Company's HMRC approved Save As You Earn ("SAYE") scheme the following options to subscribe for ordinary shares in the Company ("Ordinary Shares") have today been granted.

Under the Company's 2018 SAYE scheme (the "2018 SAYE Scheme"), which was made available to all Cenkos employees, a total of 56 employees of the Company, including three directors of the Company and one of the Company's 'persons discharging managerial responsibility' (a "PDMR"), have applied to participate in the 2018 SAYE Scheme resulting in the grant of options to subscribe for an aggregate of 777,218 Ordinary Shares in the Company (the "2018 SAYE Options") today.

The SAYE Options have an exercise price, calculated in accordance with the rules of the SAYE Scheme, of 85.33 pence per SAYE Option (representing a 20% discount to the average closing mid-market price per Ordinary Share on 19, 20 and 23 April 2018, being the three days prior to the invitation to participate in the SAYE Scheme being made). Subject to the rules of the 2018 SAYE Scheme participants will be able to exercise their 2018 SAYE Options within six-month commencing from 1 June 2021.

Pursuant to the 2018 SAYE Scheme, the following Directors and PDMRs of the Company applied to participate in the 2018 SAYE Scheme and have been granted 2018 SAYE Options in the amounts shown below.

	2018 SAYE Options granted
Director
Anthony Hotson, Chief Executive Officer	21,094
Paul Hodges, Executive Director	21,094
Philip Anderson, Finance Director	21,094
PDMR
Julian Morse, Head of Growth Companies	21,094

The notifications below, made in accordance with the EU Market Abuse Regulation, provide further details in relation to the grant of 2018 SAYE Options to the Directors/PDMR.

Enquiries:
Anthony Hotson Chief Executive Officer        Cenkos Securities plc	[phone]
Dr Azhic Basirov / David Jones / Ben Jeynes Nominated Adviser and Joint Broker Smith & Williamson Corporate Finance Limited	[phone]
Nick Lovering                                                                        Joint Broker Whitman Howard Limited	[phone]
David Rydell Buchanan Communications	[phone]

NOTIFICATIONS AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anthony Hotson
2	Reason for the notification
a)	Position/status	PDMR (Chief Executive Officer)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	213800ALVRC52VN3I821
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 1p each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Grant of options to subscribe for new ordinary shares under the Company's SAYE scheme
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Option price 85.33 pence	21,094
d)	Aggregated information	n/a - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	15 May 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Hodges
2	Reason for the notification
a)	Position/status	PDMR (Executive Director)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	213800ALVRC52VN3I821
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 1p each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Grant of options to subscribe for new ordinary shares under the Company's SAYE scheme
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Option price 85.33 pence	21,094
d)	Aggregated information	n/a - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	15 May 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Anderson
2	Reason for the notification
a)	Position/status	PDMR (Finance Director)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	213800ALVRC52VN3I821
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 1p each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Grant of options to subscribe for new ordinary shares under the Company's SAYE scheme
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Option price 85.33 pence	21,094
d)	Aggregated information	n/a - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	15 May 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julian Morse
2	Reason for the notification
a)	Position/status	PDMR (Head of Growth Companies)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cenkos Securities plc
b)	LEI	213800ALVRC52VN3I821
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 1p each
	Identification code	GB00B1FLHR07
b)	Nature of the transaction	Grant of options to subscribe for new ordinary shares under the Company's SAYE scheme
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Option price 85.33 pence	21,094
d)	Aggregated information	n/a - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	15 May 2018
f)	Place of the transaction	Outside a trading venue

 

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