Gresham House PLC Exercise of Put Options and PDMR notification (6009P)
June 11 2020 - 1:00AM
UK Regulatory
TIDMGHE
RNS Number : 6009P
Gresham House PLC
11 June 2020
11 June 2020
Gresham House plc
("Gresham House" or the "Company")
Exercise of Put Options and PDMR notification
Gresham House announces that, its wholly-owned subsidiary,
Gresham House Holdings Limited ("GHHL"), has, pursuant to the long
term incentive plan approved by the Company's shareholders at the
General Meeting of Gresham House held on 20 November 2015 ("2016
LTIP"), received requests from two PDMRs to exercise the put
options over the GHHL shares listed below ("Put Options").
Following the exercise of the Put Options, the PDMRs listed
below retain significant share-based long term incentives in the
Company.
PDMR Title Put Options
Andrew Hampshire Chief Operating Officer 110 GHHL C Shares
Kevin Acton Chief Financial Officer 46 GHHL A Shares
The Put Options were satisfied in accordance with the provisions
of the 2016 LTIP by the Company repurchasing 110 GHHL C Shares from
Mr Hampshire and 46 GHHL A Shares from Mr Acton.
For more information contact:
Gresham House plc
Tony Dalwood, Chief Executive Officer
Kevin Acton, Chief Financial Officer +44 (0)20 3837 6270
Houston - PR advisors
Alexander Clelland gh@houston.co.uk
Anushka Mathew +44 (0)20 3701 7660
Canaccord Genuity Limited - Nominated
Adviser and Joint Broker
Bobbie Hilliam
Georgina McCooke +44 (0)20 7523 8000
Jefferies International Limited - Joint
Broker and Financial Adviser
Paul Nicholls
Max Jones +44 (0)20 7029 8000
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Andrew Hampshire
------------------------- ----------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status Chief Operating Officer
------------------------- ----------------------------------------------------
b) Initial Initial Notification
notification/
Amendment
------------------------- ----------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------
a) Name Gresham House Holdings Limited
------------------------- ----------------------------------------------------
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 110 C Ordinary Shares in Gresham House Holdings
of the Limited (a wholly owned subsidiary of Gresham
financial House plc), the value of which is derived from
instrument, the increase in value of the ordinary shares in
type of Gresham House plc.
instrument
IDENTIFICATION CODE FOR GRESHAM HOUSE PLC ORDINARY
Identification SHARES GB0003887278
code
------------------------- ----------------------------------------------------
b) Nature Employee Share Scheme - exercise of put options
of the
transaction
------------------------- ----------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s)
GBP9,290.01 110
----------
------------------------- ----------------------------------------------------
d) Aggregated
information
* Aggregated volume N/A
* Price
------------------------- ----------------------------------------------------
e) Date of 10 June 2020
the transaction
------------------------- ----------------------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
------------------------- ----------------------------------------------------
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 Kevin Acton
------------------------- ----------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------- ----------------------------------------------------
b) Initial Initial Notification
notification/
Amendment
------------------------- ----------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------
a) Name Gresham House Holdings Limited
------------------------- ----------------------------------------------------
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 46 A Ordinary Shares in Gresham House Holdings
of the Limited (a wholly owned subsidiary of Gresham
financial House plc), the value of which is derived from
instrument, the increase in value of the ordinary shares in
type of Gresham House plc.
instrument
Identification
code IDENTIFICATION CODE FOR GRESHAM HOUSE PLC ORDINARY
SHARES GB0003887278
------------------------- ----------------------------------------------------
b) Nature Employee Share Scheme - exercise of put options
of the
transaction
------------------------- ----------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s)
GBP13,097.07 46
----------
------------------------- ----------------------------------------------------
d) Aggregated
information
* Aggregated volume N/A
* Price
------------------------- ----------------------------------------------------
e) Date of 10 June 2020
the transaction
------------------------- ----------------------------------------------------
f) Place of London Stock Exchange, AIM
the transaction
------------------------- ----------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHKKKBPCBKDBAD
(END) Dow Jones Newswires
June 11, 2020 02:00 ET (06:00 GMT)
Gresham House (LSE:GHE)
Historical Stock Chart
From Apr 2024 to May 2024
Gresham House (LSE:GHE)
Historical Stock Chart
From May 2023 to May 2024