Director Dealing - Exercise of Share Options

RNS Number : 2922X

EMIS Group PLC

30 April 2021

 

30 April 2021 

EMIS Group plc

Director Dealing - Exercise of Share Options

EMIS Group plc ("the Company") announces that on 30 April 2021 the Company was notified that Andrew Thorburn, Chief Executive Officer, had exercised three options over 45,982 Ordinary Shares of one pence each ("Ordinary Shares") granted at nil cost under the Company's Long Term Share Incentive Award and awarded on 1 May 2017, 4 September 2017 and 6 November 2018 (which had been the subject of performance conditions).

The Company was also notified that Andrew Thorburn subsequently sold 21,700 Ordinary Shares at a price of £12.25 per Ordinary Share and 24 Ordinary Shares at a price of £12.24 per Ordinary Share to fund the tax liabilities associated with the exercise.

Following this transaction Andrew Thorburn has a total beneficial holding of 66,916 Ordinary Shares representing 0.1% of the Company's issued share capital.

Notification 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	Andrew Thorburn
2	Reason for notification
a)	Position / status	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	EMIS Group plc
b)	LEI	213800K474ZZK76NX913
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 1 pence each in EMIS Group plc ISIN GB00B61D1Y04
b)	Nature of the transaction	Exercise of option over 45,982 ordinary shares of 1pence each granted at nil-cost under the Company's Long Term Share Incentive Award on 1 May 2017, 4 September 2017 and 6 November 2018
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 0.00 p  45,982
d)	Aggregated information -  Aggregated volume -  Price	45,982 shares 0.00p
e)	Date of the transaction	2021-04-30
f)	Place of the transaction	XLON - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Thorburn
2	Reason for notification
a)	Position / status	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	EMIS Group plc
b)	LEI	213800K474ZZK76NX913
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 1 pence each in EMIS Group plc ISIN GB00B61D1Y04
b)	Nature of the transaction	Sale of 21,700 ordinary shares at a price of 1225.00 pence and sale of 24 ordinary shares at a price of 1224.00 pence following exercise of options over 45,982 ordinary shares under the Company's Long Term Share Incentive Award.
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1225.00p  21,700 1224.00p 24
d)	Aggregated information -  Aggregated volume -  Price	21,724 shares 1225.00p
e)	Date of the transaction	2021-04-30
f)	Place of the transaction	XLON - AIM

Enquiries:

For further information, contact:

EMIS Group plc 

Andy Thorburn, CEO  Tel: [phone]

Peter Southby, CFO

www.emisgroupplc.com

Numis Securities Limited (Nominated Adviser & Broker)  Tel: [phone]

Oliver Hardy / Simon Willis / James Black

MHP Communications                                                                                  Tel: [phone]

Reg Hoare / Giles Robinson / Florence Mayo / Pandora Yadgaroff

 

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