Employee Share Option Grant and PDMR dealings

RNS Number : 6599E

Creightons PLC

19 October 2018

 

Creightons Plc

(the "Company" or "the Group")

Employee Share Option Grant

PDMR/Directors' dealings

Creightons plc announces that options over a total of 7,553,400 ordinary 1p shares in the Company have been granted to 353 employees of companies in the Group and the Company's eight directors as part of the Company's policy of providing long-term share-linked and tax-effective incentives to all employees of the Group employees and directors.

These options have been granted under the Company's 2014 and 2018 Share Option Plans and represent a total dilution of 12.11% of the Company's total equity. All employees with more than 6 months' service have been granted options based on their historic contribution to the Group's success and as an incentive for their future contributions to the Group's performance. The Board believes this is an effective way of rewarding service and commitment to the Group and to provide on-going incentives to all employees and directors.

This grant includes grants of options to all the Directors of the Company:

Director                                        Number of Options

Mr WO McIlroy                                     900,000

Mr BM Johnson                                      900,000

Mr M Stevens                                        400,000

Ms P Clark                                             600,000

Mr P Forster                                           300,000

Ms M Carney                                          150,000

Mr W Glencross                                      150,000

Mr N O'Shea                                          150,000

The options were issued at 26.80p per ordinary share and can be exercised between the third and tenth anniversary of the 18^th October 2018, subject to the option holder's continued employment. No consideration is payable in respect of the grant of these options and no performance conditions have been set.

Shareholders will benefit from this grant since it re-enforces the Company's policy of providing long-term share-linked and tax-effective incentives to all our employees.

Enquiries: Creightons plc NDJ O'Shea, Director 01733 281 000

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR") and the notification below, made in accordance with the MAR, provides further detail in respect of the Directors subscribing for Subscription Shares as described above. 

WG McIlroy

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	WG McIlroy
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
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 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Award under Employee Share Option Plan
	Price(s) and volumes(s)	Price(s) Volumes(s) Issue price of 26.80p per ordinary share 900,000
d)	Aggregated information	n/a
e)	Date of the transaction	19 October 2018
f)	Place of the transaction	London

BM Johnson

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	BM Johnson
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
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 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Award under Employee Share Option Plan
	Price(s) and volumes(s)	Price(s) Volumes(s) Issue price of 26.80p per ordinary share 900,000
d)	Aggregated information	n/a
e)	Date of the transaction	19 October 2018
f)	Place of the transaction	London

M Stevens

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	M Stevens
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
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 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Award under Employee Share Option Plan
	Price(s) and volumes(s)	Price(s) Volumes(s) Issue price of 26.80p per ordinary share 400,000
d)	Aggregated information	n/a
e)	Date of the transaction	19 October 2018
f)	Place of the transaction	London

P Clark

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	P Clark
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
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 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Award under Employee Share Option Plan
	Price(s) and volumes(s)	Price(s) Volumes(s) Issue price of 26.80p per ordinary share 600,000
d)	Aggregated information	n/a
e)	Date of the transaction	19 October 2018
f)	Place of the transaction	London

P Forster

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	P Forster
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
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 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Award under Employee Share Option Plan
	Price(s) and volumes(s)	Price(s) Volumes(s) Issue price of 26.80p per ordinary share 300,000
d)	Aggregated information	n/a
e)	Date of the transaction	19 October 2018
f)	Place of the transaction	London

M Carney

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	M Carney
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
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 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Award under Employee Share Option Plan
	Price(s) and volumes(s)	Price(s) Volumes(s) Issue price of 26.80p per ordinary share 150,000
d)	Aggregated information	n/a
e)	Date of the transaction	19 October 2018
f)	Place of the transaction	London

W Glencross

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	W Glencross
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
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 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Award under Employee Share Option Plan
	Price(s) and volumes(s)	Price(s) Volumes(s) Issue price of 26.80p per ordinary share 150,000
d)	Aggregated information	n/a
e)	Date of the transaction	19 October 2018
f)	Place of the transaction	London

N O'Shea

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	N O'Shea
2	Reason for notification
a)	Position / status	Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Creightons plc
b)	LEI	213800WROWAJUBGSAJ57
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 1pence each in Creightons plc ISIN GB0002341666
	Nature of the transaction	Award under Employee Share Option Plan
	Price(s) and volumes(s)	Price(s) Volumes(s) Issue price of 26.80p per ordinary share 150,000
d)	Aggregated information	n/a
e)	Date of the transaction	19 October 2018
f)	Place of the transaction	London

 

END

 

 

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