TIDMFREE
RNS Number : 2575K
FreeAgent Holdings PLC
06 July 2017
6 July 2017
FreeAgent Holdings plc
("FreeAgent" or the "Company")
Grant of Share Options
FreeAgent Holdings plc, a provider of cloud-based
Software-as-a-Service ("SaaS") accounting software solutions and
mobile applications designed specifically for UK micro-businesses,
announces that on 5 July 2017 pursuant to applications to
participate in the FreeAgent Holdings plc Save As You Earn Option
Plan established in June (the "SAYE Scheme"), the Company has
granted options over ordinary shares of 1 pence each ("SAYE
Options") to the following Directors and PDMRs:
Director/PDMR Options
------------------ --------
Kevin McCallum 23,684
------------------ --------
Roseann Wilson 18,947
------------------ --------
Maria Gutierrez 23,684
------------------ --------
Donald Lindsay 23,684
------------------ --------
Roan Lavery 14,210
------------------ --------
Katherine Tenner 23,684
------------------ --------
Total 127,893
------------------ --------
The above Options granted under the SAYE Scheme will vest
automatically upon maturity of the underlying savings contracts on
1 August 2020 with an exercise price of 76 pence per share. A total
of 570,804 SAYE Options were granted to participating employees
(including Directors/PDMRs) under the SAYE Scheme.
In addition, the Company reports that options over ordinary
shares of 1 pence each ("LTIP Options") were granted to Directors
and PDMRs on 21 December 2016 and 13 June 2017 under the Company's
Long Term Incentive Plan ("LTIP").
LTIP Options granted on 21 December 2016 were as follows:
Director/PDMR Options
------------------ --------
Kevin McCallum 77,778
------------------ --------
Roseann Wilson 15,789
------------------ --------
Maria Gutierrez 78,947
------------------ --------
Donald Lindsay 40,936
------------------ --------
Katherine Tenner 105,263
------------------ --------
Total 318,713
------------------ --------
The above LTIP Options will, subject to the achievement of
relevant performance targets, vest on 20 December 2019 with an
exercise price of 85.5 pence per share.
LTIP Options granted on 13 June 2017 were as follows:
Director/PDMR Options
------------------ --------
Kevin McCallum 65,845
------------------ --------
Roseann Wilson 13,460
------------------ --------
Maria Gutierrez 67,082
------------------ --------
Donald Lindsay 34,712
------------------ --------
Katherine Tenner 89,023
------------------ --------
Total 270,122
------------------ --------
The above LTIP Options will, subject to the achievement of
relevant performance targets, vest on 12 June 2020 with an exercise
price of 101.5 pence per share.
Including options outstanding under the Company's EMI share
option plan which pre-date admission to trading on AIM in November
2016, the Company has outstanding employee share options over
3,187,224 ordinary shares, representing 7.83% of the current issued
ordinary share capital.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail.
* * * * *
For further information please contact:
FreeAgent via FTI Consulting
Ed Molyneux, CEO
Katherine Tenner, CFO
+44 (0) 20 7496
Nplus1 Singer 3000
Sandy Fraser / James Hopton
+44 (0) 203 727
FTI Consulting 1000
Matt Dixon / Chris Lane / Emma
Appleton
End
Notification and public disclosure of transactions by person
discharging managerial responsibilities and persons closely
associated with them
a Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------------------
a) Name Kevin McCallum
--- ------------------------- ------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------- ------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------------
a) Name FreeAgent Holdings plc
--- ------------------------- ------------------------------------------------------
b) LEI N/A
--- ------------------------- ------------------------------------------------------
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 Ordinary shares of 1 pence
the financial each
instrument, type
of instrument GB00BDFVDY36
Identification
code
--- ------------------------- ------------------------------------------------------
b) Nature of the (i) Grant of Share Options
transaction (ii) Grant of Share Options
(iii) Grant of Share Options
--- ------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------ -------------------
(i) 85.5p (i) 77,778
(ii) 101.5p (ii) 65,845
(iii) 76.0p (iii) 23,684
------------------------------ -------------------
--- ------------------------- ------------------------------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- ------------------------------------------------------
e) Date of the transaction (i) 21 December 2016
(ii) 13 June 2017
(iii) 5 July 2017
--- ------------------------- ------------------------------------------------------
f) Place of the transaction (i) Outside of trading venue
(ii) Outside of trading venue
(iii) Outside of trading
venue
--- ------------------------- ------------------------------------------------------
a Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------------------
a) Name Roseann Wilson
--- ------------------------- ------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------- ------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------------
a) Name FreeAgent Holdings plc
--- ------------------------- ------------------------------------------------------
b) LEI N/A
--- ------------------------- ------------------------------------------------------
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 Ordinary shares of 1 pence
the financial each
instrument, type
of instrument GB00BDFVDY36
Identification
code
--- ------------------------- ------------------------------------------------------
b) Nature of the (i) Grant of Share Options
transaction (ii) Grant of Share Options
(iii) Grant of Share Options
--- ------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------ -------------------
(i) 85.5p (i) 15,789
(ii) 101.5p (ii) 13,460
(iii) 76.0p (iii) 18,947
------------------------------ -------------------
--- ------------------------- ------------------------------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- ------------------------------------------------------
e) Date of the transaction (i) 21 December 2016
(ii) 13 June 2017
(iii) 5 July 2017
--- ------------------------- ------------------------------------------------------
f) Place of the transaction (i) Outside of trading venue
(ii) Outside of trading venue
(iii) Outside of trading
venue
--- ------------------------- ------------------------------------------------------
a Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------------------
a) Name Maria Gutierrez
--- ------------------------- ------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------- ------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------------
a) Name FreeAgent Holdings plc
--- ------------------------- ------------------------------------------------------
b) LEI N/A
--- ------------------------- ------------------------------------------------------
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 Ordinary shares of 1 pence
the financial each
instrument, type
of instrument GB00BDFVDY36
Identification
code
--- ------------------------- ------------------------------------------------------
b) Nature of the (i) Grant of Share Options
transaction (ii) Grant of Share Options
(iii) Grant of Share Options
--- ------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------ -------------------
(i) 85.5p (i) 78,947
(ii) 101.5p (ii) 67,082
(iii) 76.0p (iii) 23,684
------------------------------ -------------------
--- ------------------------- ------------------------------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- ------------------------------------------------------
e) Date of the transaction (i) 21 December 2016
(ii) 13 June 2017
(iii) 5 July 2017
--- ------------------------- ------------------------------------------------------
f) Place of the transaction (i) Outside of trading venue
(ii) Outside of trading venue
(iii) Outside of trading
venue
--- ------------------------- ------------------------------------------------------
a Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------------------
a) Name Donald Lindsay
--- ------------------------- ------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------- ------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------------
a) Name FreeAgent Holdings plc
--- ------------------------- ------------------------------------------------------
b) LEI N/A
--- ------------------------- ------------------------------------------------------
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 Ordinary shares of 1 pence
the financial each
instrument, type
of instrument GB00BDFVDY36
Identification
code
--- ------------------------- ------------------------------------------------------
b) Nature of the (i) Grant of Share Options
transaction (ii) Grant of Share Options
(iii) Grant of Share Options
--- ------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------ -------------------
(i) 85.5p (i) 40,936
(ii) 101.5p (ii) 34,712
(iii) 76.0p (iii) 23,684
------------------------------ -------------------
--- ------------------------- ------------------------------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- ------------------------------------------------------
e) Date of the transaction (i) 21 December 2016
(ii) 13 June 2017
(iii) 5 July 2017
--- ------------------------- ------------------------------------------------------
f) Place of the transaction (i) Outside of trading venue
(ii) Outside of trading venue
(iii) Outside of trading
venue
--- ------------------------- ------------------------------------------------------
a Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------------
a) Name Roan Lavery
--- ------------------------- ------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------
a) Position/status PDMR
--- ------------------------- ------------------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------
a) Name FreeAgent Holdings plc
--- ------------------------- ------------------------------------------------
b) LEI N/A
--- ------------------------- ------------------------------------------------
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 Ordinary shares of 1 pence
the financial each
instrument, type
of instrument GB00BDFVDY36
Identification
code
--- ------------------------- ------------------------------------------------
b) Nature of the (i) Grant of Share Options
transaction
--- ------------------------- ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------------------- ----------------
(i) 76.0p (i) 14,210
--------------------------- ----------------
--- ------------------------- ------------------------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- ------------------------------------------------
e) Date of the transaction (i) 5 July 2017
--- ------------------------- ------------------------------------------------
f) Place of the transaction (i) Outside of trading venue
--- ------------------------- ------------------------------------------------
a Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------------------
a) Name Katherine Tenner
--- ------------------------- ------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------
a) Position/status Director - Chief Financial
Officer
--- ------------------------- ------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- ------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------------
a) Name FreeAgent Holdings plc
--- ------------------------- ------------------------------------------------------
b) LEI N/A
--- ------------------------- ------------------------------------------------------
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 Ordinary shares of 1 pence
the financial each
instrument, type
of instrument GB00BDFVDY36
Identification
code
--- ------------------------- ------------------------------------------------------
b) Nature of the (i) Grant of Share Options
transaction (ii) Grant of Share Options
(iii) Grant of Share Options
--- ------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------ -------------------
(i) 85.5p (i) 105,263
(ii) 101.5p (ii) 89,023
(iii) 76.0p (iii) 23,684
------------------------------ -------------------
--- ------------------------- ------------------------------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
--- ------------------------- ------------------------------------------------------
e) Date of the transaction (i) 21 December 2016
(ii) 13 June 2017
(iii) 5 July 2017
--- ------------------------- ------------------------------------------------------
f) Place of the transaction (i) Outside of trading venue
(ii) Outside of trading venue
(iii) Outside of trading
venue
--- ------------------------- ------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHKELFBDDFXBBK
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