Filta Group Holdings PLC Awards of options and share appreciation rights (4755E)
May 08 2017 - 5:40AM
UK Regulatory
TIDMFLTA
RNS Number : 4755E
Filta Group Holdings PLC
08 May 2017
Filta Group Holdings plc
("Filta" or the "Company")
8 May 2017
Awards of share options and share appreciation rights
The Company announces that, further to its previously announced
intention, it has adopted a share option scheme, the 2017 Filta
Group Holdings EMI Scheme, for the benefit of employees and that it
has offered options to all qualifying UK employees, including
awards to the following persons discharging managerial
responsibilities ("PDMRs"):
No of Vesting dates Exercise
options price (pence)
-------------------- --------- ------------------ ---------------
Debbie Sarson-Lowe 30,000 05.05.19-05.05.21 97p
-------------------- --------- ------------------ ---------------
Dave Burns 30,000 05.05.19-05.05.21 97p
-------------------- --------- ------------------ ---------------
Andy Stevens 30,000 05.05.19-05.05.21 97p
-------------------- --------- ------------------ ---------------
The options may vest, subject to the satisfaction of certain
conditions, over a period of 3 years between 2019 and 2021 and are
exercisable at any time after vesting and within 10 years from now.
Options have been awarded over a total of 330,000 ordinary shares,
equivalent to 1.20% of the Company's current issued share
capital.
The Company also announces that all qualifying US employees have
been awarded share acquisition rights (SAR's). The SAR's are
conditional bonuses whose value will be calculated by reference to
the amount by which the price of the Company's ordinary shares has
risen above the base price at the date of exercise, thus providing
holders of SAR's the same reward value as if the SAR's were share
options. The qualifying conditions and timing of vesting are
identical to those within the share option scheme for UK employees.
SAR's have been awarded to the following US-based Director and
other PDMR's:
No of Vesting dates Base price
SAR's (pence)
------------------------ ------- ------------------ -----------
Brian Hogan (Director) 90,000 05.05.19-05.05.21 97p
------------------------ ------- ------------------ -----------
Tom Dunn (PDMR) 90,000 05.05.19-05.05.21 97p
------------------------ ------- ------------------ -----------
Rob Totten (PDMR) 30,000 05.05.19-05.05.21 97p
------------------------ ------- ------------------ -----------
A total of 352,500 SAR's have been awarded having an aggregate
base price of GBP341,925.
For further information:
Filta Group Holdings plc
Jason Sayers, Chief Executive +1 407 996 5550
Cenkos Securities
Bobbie Hilliam, Harry Pardoe 020 7397 8927
1 Details of the person discharging managerial
responsibilities/person closely associated
---- -------------------------------------------------------------------------------------
a) Name: Debbie Sarson-Lowe
---- ------------------------------------------ -----------------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------------
a) Position/Status: PDMR (Chief Operating
Officer, UK operations)
---- ------------------------------------------ -----------------------------------------
b) Initial Notification/Amendment: Initial Notification
---- ------------------------------------------ -----------------------------------------
3 Details of the issuer, emission allowance
market participation, auction platform, auctioneer
or auction monitor
---- -------------------------------------------------------------------------------------
a) Name: Filta Group Holdings plc
---- ------------------------------------------ -----------------------------------------
b) LEI: N/a
---- ------------------------------------------ -----------------------------------------
4. Details of 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 Ordinary Shares of 10
financial instrument: pence each
Identification code: ISIN: GB00BFH55S51
---- ------------------------------------------ -----------------------------------------
b) Nature of the transaction: Purchase of Ordinary shares
---- ------------------------------------------ -----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---- ------------------------------------------ ----------------------------- ----------
Nil 30,000
----------------------------------------------------------------------------- ----------
d) Aggregated volume: 30,000
Price: Nil
---- ------------------------------------------ -----------------------------------------
e) Date of the Transaction: 5 May 2017
---- ------------------------------------------ -----------------------------------------
f) Place of the Transaction: N/a
---- ------------------------------------------ -----------------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
---- -------------------------------------------------------------------
a) Name: Dave Burns
---- ---------------------------------- -------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------
a) Position/Status: PDMR (Sales Director,
UK operations)
---- ---------------------------------- -------------------------------
b) Initial Notification/Amendment: Initial Notification
---- ---------------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participation, auction platform, auctioneer
or auction monitor
---- -------------------------------------------------------------------
a) Name: Filta Group Holdings plc
---- ---------------------------------- -------------------------------
b) LEI: N/a
---- ---------------------------------- -------------------------------
4. Details of 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 Ordinary Shares of 10
financial instrument: pence each
Identification code: ISIN: GB00BFH55S51
---- ---------------------------------- -------------------------------
b) Nature of the transaction: Purchase of Ordinary shares
---- ---------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---- ---------------------------------- --------------- --------------
Nil 30,000
------------------------------------------------------- --------------
d) Aggregated volume: 30,000
Price: Nil
---- ---------------------------------- -------------------------------
e) Date of the Transaction: 5 May 2017
---- ---------------------------------- -------------------------------
f) Place of the Transaction: N/a
---- ---------------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
---- -------------------------------------------------------------------
a) Name: Andy Stevens
---- ---------------------------------- -------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------
a) Position/Status: PDMR (Finance Director,
UK operations)
---- ---------------------------------- -------------------------------
b) Initial Notification/Amendment: Initial Notification
---- ---------------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participation, auction platform, auctioneer
or auction monitor
---- -------------------------------------------------------------------
a) Name: Filta Group Holdings plc
---- ---------------------------------- -------------------------------
b) LEI: N/a
---- ---------------------------------- -------------------------------
4. Details of 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 Ordinary Shares of 10
financial instrument: pence each
Identification code: ISIN: GB00BFH55S51
---- ---------------------------------- -------------------------------
b) Nature of the transaction: Purchase of Ordinary shares
---- ---------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---- ---------------------------------- --------------- --------------
Nil 30,000
------------------------------------------------------- --------------
d) Aggregated volume: 30,000
Price: Nil
---- ---------------------------------- -------------------------------
e) Date of the Transaction: 5 May 2017
---- ---------------------------------- -------------------------------
f) Place of the Transaction: N/a
---- ---------------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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