Marlowe PLC 2020 SAYE Scheme & Director/PDMR Shareholdings (7402X)
September 02 2020 - 1:06AM
UK Regulatory
TIDMMRL
RNS Number : 7402X
Marlowe PLC
02 September 2020
2 September 2020
Marlowe plc
Launch of Group 2020 SAYE Scheme
Grant of 2020 SAYE Options
Director/PDMR Shareholdings
Marlowe plc (" Marlowe " or the " Group "), the specialist
services group focused on developing companies which assure safety
and regulatory compliance, announces that as part of the Group's
HMRC approved 2020 Save As You Earn scheme (the " 2020 SAYE Scheme
") a total of 699,000 options to subscribe for ordinary shares of
50 pence each in the capital of the Group (" 2020 SAYE Options ")
have today been granted to employees of the Group.
Under the 2020 SAYE scheme, which was made available to all
Marlowe employees, a total of 617 employees of the Group, including
four directors of the Group, have applied to participate in the
2020 SAYE Scheme. The 2020 SAYE Options have an exercise price,
calculated in accordance with the rules of the SAYE Scheme, of 460
pence per 2020 SAYE Option. Subject to the rules of the 2020 SAYE
Scheme, participants will be able to exercise their 2020 SAYE
Options within six-months commencing from 1 October 2023.
The following Directors of the Group applied to participate in
the 2020 SAYE Scheme and have been granted 2020 SAYE Options in the
amounts shown below:
Director 2020 SAYE Options Exercise Price Exercise Date
Granted
Alex Dacre 3,913 460p 1 October 2023
Mark Adams 3,913 460p 1 October 2023
Kevin Quinn 3,913 460p 1 October 2023
Charles Skinner 3,913 460p 1 October 2023
As a result of the above grant of 2020 SAYE Options, the Group
has a total of 699,000 options over ordinary shares outstanding,
representing approximately 1.28 per cent. of the Group issued
ordinary share capital.
The notifications below, made in accordance with the EU Market
Abuse Regulation, provide further details in relation to the grant
of 2020 SAYE Options to the Directors.
For further information:
Marlowe plc www.marloweplc.com
Alex Dacre, Chief Executive Tel: +44 (0) 203 841
6194
Mark Adams, Group Finance Director IR@marloweplc.com
Cenkos Securities plc - Nominated Adviser & Joint Broker
Nicholas Wells Tel: +44 (0)20 7397
8900
Ben Jeynes
Harry Hargreaves
Joh. Berenberg, Gossler & Co. KG, London Branch - Joint Broker
Mark Whitmore Tel: +44 (0)20 3207
Ben Wright 7800
Yudith Karunaratna
FTI Consulting
Nick Hasell Tel: +44 (0)20 3727
1340
Alex Le May
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 Alex Dacre
--------------------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Chief Executive
--------------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name Marlowe plc
--------------------------------------- --------------------------------------------
b) LEI 213800ZWSR4SBOM6B608
--------------------------------------- --------------------------------------------
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 Ordinary shares of 50 pence each
financial instrument,
type of instrument
Identification code ISIN: GB00BD8SLV43
--------------------------------------- --------------------------------------------
b) Nature of the transaction Grant of options over ordinary shares
--------------------------------------- --------------------------------------------
c) Price(s) and volume(s)
-------------------- -------------------
Price(s) Volume(s)
-------------------- -------------------
- 3,913
----------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume 3,913
- Price -
--------------------------------------- -------------------------------------------------
e) Date of the transaction 1 September 2020
--------------------------------------- --------------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Adams
--------------------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Group Finance Director
--------------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name Marlowe plc
--------------------------------------- --------------------------------------------
b) LEI 213800ZWSR4SBOM6B608
--------------------------------------- --------------------------------------------
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 Ordinary shares of 50 pence each
financial instrument,
type of instrument
Identification code ISIN: GB00BD8SLV43
--------------------------------------- --------------------------------------------
b) Nature of the transaction Grant of options over ordinary shares
--------------------------------------- --------------------------------------------
c) Price(s) and volume(s)
-------------------- -------------------
Price(s) Volume(s)
-------------------- -------------------
- 3,913
----------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume 3,913
- Price -
--------------------------------------- -------------------------------------------------
e) Date of the transaction 1 September 2020
--------------------------------------- --------------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Kevin Quinn
--------------------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Chairman
--------------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name Marlowe plc
--------------------------------------- --------------------------------------------
b) LEI 213800ZWSR4SBOM6B608
--------------------------------------- --------------------------------------------
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 Ordinary shares of 50 pence each
financial instrument,
type of instrument
Identification code ISIN: GB00BD8SLV43
--------------------------------------- --------------------------------------------
b) Nature of the transaction Grant of options over ordinary shares
--------------------------------------- --------------------------------------------
c) Price(s) and volume(s)
-------------------- -------------------
Price(s) Volume(s)
-------------------- -------------------
- 3,913
----------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume 3,913
- Price -
--------------------------------------- -------------------------------------------------
e) Date of the transaction 1 September 2020
--------------------------------------- --------------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Charles Skinner
--------------------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Non-Executive Director
--------------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name Marlowe plc
--------------------------------------- --------------------------------------------
b) LEI 213800ZWSR4SBOM6B608
--------------------------------------- --------------------------------------------
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 Ordinary shares of 50 pence each
financial instrument,
type of instrument
Identification code ISIN: GB00BD8SLV43
--------------------------------------- --------------------------------------------
b) Nature of the transaction Grant of options over ordinary shares
--------------------------------------- --------------------------------------------
c) Price(s) and volume(s)
-------------------- -------------------
Price(s) Volume(s)
-------------------- -------------------
- 3,913
----------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume 3,913
- Price -
--------------------------------------- -------------------------------------------------
e) Date of the transaction 1 September 2020
--------------------------------------- --------------------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------------------- --------------------------------------------
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END
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