Options, Director/PDMR Shareholding, Voting Rights

RNS Number : 9597L

S & U PLC

18 May 2022

 

18 May 2022

S & U PLC

("S&U" or "the Company")

Exercise of Options, Director/PDMR Shareholding and Total Voting Rights

Exercise of Options

S&U announces that it has today received notice of the exercise of options over ordinary shares of 12.5p in the Company ("Ordinary Shares") granted under the Company's 2010 Long Term Incentive Plan ("LTIP"). Christopher Redford (Group Finance Director) has exercised options over 2,300 Ordinary Shares and has immediately transferred these 2,300 ordinary shares for nil consideration to his wife Tina Redford who is a PCA.

In total, 2,300 Ordinary Shares will be admitted to trading pursuant to an existing block listing and will rank pari pasu with existing Ordinary Shares. Following these transactions, the beneficial shareholding of Christopher Redford is 16,300 Ordinary Shares.

Total Voting Rights

Following the issue of these Ordinary Shares, the total number of voting rights in S&U is 12,149,961. This figure should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of S&U under the FCA's Disclosure and Transparency rules.

The information set out below is provided in accordance with the requirements of Article 19(3) of the UK Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Redford
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	S&U PLC
b)	LEI	213800QZ1X2A7J64SQ31
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 12.5p each ISIN :  GB0007655037
b)	Nature of the transaction	Exercise of ordinary shares
c)	Price(s) and volume(s)	Exercise Price(s) Volume (s) 12.5 pence 2, 300
d)	Aggregated information - Aggregated volume - Price	Exercise Price Volume 12.5 pence 2 ,300
e)	Date of the transaction	18/05/2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Redford
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	S&U PLC
b)	LEI	213800QZ1X2A7J64SQ31
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 12.5p each ISIN :  GB0007655037
b)	Nature of the transaction	T ransfer of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume (s) £nil 2 ,300
d)	Aggregated information - Aggregated volume - Price	Price Volume £nil 2,300
e)	Date of the transaction	18/05 /2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tina Redford
2	Reason for the notification
a)	Position/status	PCA, wife of Christopher Redford
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	S&U PLC
b)	LEI	213800QZ1X2A7J64SQ31
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 12.5p each ISIN:  GB0007655037
b)	Nature of the transaction	Receipt of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume (s) £nil 2 ,300
d)	Aggregated information - Aggregated volume - Price	Price Volume £nil 2,300
e)	Date of the transaction	18/05 /2022
f)	Place of the transaction	London Stock Exchange

Enquiries Anthony Coombs	S&U plc	c/o SEC Newgate
Financial Public Relations Bob Huxford, Molly Gretton, Max Richardson	SEC Newgate	020 7653 9848
Broker Andrew Buchanan, Sam Milford	Peel Hunt LLP	020 7418 8900

 

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