Issue of share awards - 2018 LTIP and PDMR dealing

RNS Number : 4924I

FIH Group PLC

21 March 2018

 

21 March 2018

FIH Group plc

("FIH" or "the Company")

Issue of share awards under the 2018 Long Term Incentive Plan and PDMR dealing

FIH Group plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics announces that, on 19 March 2018, the Company granted options over 104,689 ordinary shares in the Company ("Options") to 12 employees of the group under the Company's 2018 Long Term Incentive Plan. 

The Options are subject to the achievement of two sets of performance conditions which include a requirement that the Company's share price increases by 33% before full vesting can occur. The Option grants have been agreed by the Company's Remuneration Committee whose members are all independent non-executive directors. The Options have an exercise price of ten pence being equal to the nominal value of an ordinary share of the Company and a three year vesting period. The Options expire on the fifth anniversary of the date of the grant.

Following the grant of the Options, the total number of options outstanding over shares in the Company is 370,920 equivalent to 3.0% of the Company's existing issued share capital.

Details of the PDMR option awards have been noted in the disclosure below.

ENDS

Further enquiries:
FIH group plc		Tel: [phone]
John Foster
WH Ireland Limited		Tel: [phone]
Nominated Adviser and Broker to FIH
Adrian Hadden
Jessica Cave
Alex Bond
FTI Consulting		Tel: [phone]
Communications adviser to FIH
Edward Westropp
Eleanor Purdon

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	Carol Bishop
2	Reason for the notification
a)	Position/status	Company Secretary, FIH group plc
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	FIH Group plc
b)	LEI	2138004AXCMSNLBSNB42
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 10p each granted under the FIH Group plc 2018 Long term Incentive Plan GB00BD0CWJ91
b)	Nature of the transaction	Grant of share options
c)	Price(s) and volume(s)	Price(s) Volume(s) 10 pence 9,936
d)	Aggregated information -     Aggregated volume -     Price	Aggregated information -     Aggregated volume 9,936 -     Price £993.6
e)	Date of the transaction	19 March 2018
f)	Place of the transaction	London Stock Exchange, AIM

 

END

 

 

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