Inspecs Group Plc
("Inspecs" the "Company" or "Group")
Director/PDMR LTIP Awards
On 22 December 2020, the following awards of options to acquire Ordinary Shares of 1 pence each in the capital of the Company ("Ordinary Shares") were made under the Inspecs Long Term Incentive Plan ("LTIP"). Options to acquire 400,000 Ordinary Shares have been awarded to Board members of the Group at an exercise price of 210 pence per Ordinary Share. Furthermore, options to acquire 1,180,000 Ordinary Shares have been awarded to other members of the Group's senior management team at an exercise price of 210 pence per Ordinary Share. In aggregate, options to acquire 1,580,000 Ordinary Shares have been awarded under the LTIP.
The options vest on the 22 December 2023, being the third anniversary of grant, subject to the option holder's continued employment with the Group.
1. Details of the person discharging managerial responsibilities/person closely associated |
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a) Name |
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2. Reason for the notification |
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a) Position/status |
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b) Initial notification / Amendment |
Initial notification |
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3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) Name |
Inspecs Group plc |
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b) LEI |
2138008Z4S4DHR6NE933 |
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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 |
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a) Description of the financial instrument, type of instrument |
Ordinary Shares of 1 pence |
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b) Identification code |
GB00BK6JPP03 |
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c) Nature of the transaction |
Awards made pursuant to the Inspecs Long Term Incentive Plan |
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d) Price(s) and volume(s) |
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e) Aggregated information: i. Aggregated volume ii. price |
N/A (Single transaction for each individual) |
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f) Date of the transaction |
22 December 2020 |
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g) Place of the transaction |
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