Director update and grants of share options

RNS Number : 3838S

Creightons PLC

08 July 2020

 

8 July 2020

Creightons PLC ("Creightons" or the "Company")

PROMOTION OF "PIPPA" CLARK TO DEPUTY MANAGING DIRECTOR

Director/PDMR Shareholdings

Creightons plc (LSE: CRL) ('Creightons" or the "Company") manufacturers of the finest quality personal care, beauty and fragrance products, is pleased to announce the promotion of Philippa ("Pippa") Clark to the position of Joint Deputy Managing Director, along-side Martin Stevens. This is part of the Company's succession planning process, and also in recognition of the significant work Ms Clark has put in over the past three months helping steer the Company's response to Covid-19.

The Company has granted a further 200,000 share options to Ms Clark, a further 100,000 share options to both Mr M Stevens and Mr P Forster and another 600,000 to other employees under the Creightons Plc Share Option Plan 2018, all at an exercise price of 36p, a discount of 19p from the market at the time of grant (the "Grant").

Since January 2009 Ms Clark has been awarded a total of 1,701,818 ordinary shares or options over ordinary shares in the Company, Mr Stevens has been awarded a total of 1,481,818 ordinary shares or options over ordinary shares in the Company and Mr Forster has been awarded a total of 1,581,818 ordinary shares or options over ordinary shares in the Company, all as part of Creighton's policy of including share- and option-based performance-related features in remuneration packages, thereby rewarding directors and managers for the Company's success.

Further to the Grant, holdings are now as described below:

Name	Total number of ordinary shares held	Total number of options over ordinary shares	Percentage of  issued share capital
Ms P Clark, Director	651,818	1,000,000	1.54%
Mr M Stevens, Director	981,818	500,000	0.77%
Mr P Forster, Director	1,183,318	400,000	0.62%

Market Abuse Regulation

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR").

Contacts

Nicholas O'Shea, Creightons plc                                                                           01733 281000

Roland Cornish /Felicity Geidt, Beaumont Cornish Limited    0207 628 3396

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail in respect of the Directors subscribing for Director Shares as described above.

Pippa Clark 

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Ms P Clark
2	Reason for notification
a)	Position / status	Director
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification code	Options over Ordinary shares of 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Grant of options
	Price(s) and volumes(s)	Price(s) Volumes(s) Exercise price of 36p 200,000
d)	Aggregated information	n/a
e)	Date of the transaction	7 July 2020
f)	Place of the transaction	Off market

M Stevens 

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Mr M Stevens
2	Reason for notification
a)	Position / status	Director
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification code	Options over Ordinary shares of 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Grant of Options
	Price(s) and volumes(s)	Price(s) Volumes(s) Exercise price of 36p 100,000
d)	Aggregated information	n/a
e)	Date of the transaction	7 July 2020
f)	Place of the transaction	Off market

Paul Forster 

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Mr P Forster
2	Reason for notification
a)	Position / status	Director
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification code	Options over Ordinary shares of 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Grant of Options
	Price(s) and volumes(s)	Price(s) Volumes(s) Exercise price of 36p 100,000
d)	Aggregated information	n/a
e)	Date of the transaction	7 July 2020
f)	Place of the transaction	Off market

 

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