Scholium Group PLC Grant of Share Options & PDMR dealing (2004D)
June 19 2023 - 10:30AM
UK Regulatory
TIDMSCHO
RNS Number : 2004D
Scholium Group PLC
19 June 2023
19 June 2023
Scholium Group plc
("Scholium" or the "Company")
Grant of Share Options & PDMR dealing
Scholium Group Plc, the leading dealer in antiquarian books and
modern classic art, announces that it has granted options on 16
June 2023 under the Company's Enterprise Management Incentive Share
Option Scheme ("EMI Option Scheme") over a total of 1,000,000
ordinary shares of 1 pence in the Company ("Option Shares") to
certain employees.
700,000 of these Option Shares have been granted to Directors as
per the table below:
Name Title Number of Option
Shares
Bernard Shapero CEO 400,000
---------- -----------------
David Harland Chairman 200,000
---------- -----------------
Philip Tansey CFO 100,000
---------- -----------------
The Option Shares have an exercise price of 37.5p per share
(being the closing mid-market share price on 16 June 2023), vest
over the three years from the date of grant (ensuring the employees
remain in continuous employment within the Group) and once vested,
are exercisable at any time up to ten years after the date of
grant.
The remaining 300,000 Option Shares have been granted to members
of staff.
Graham Noble, Independent Director and head of the Remuneration
Committee, commented:
"As the Company continues onto a more sustainable and profitable
path, it is crucial that we align the interests of all members of
the Scholium team with shareholders. The EMI Options Scheme was
established to incentivise management and staff to increase
shareholder value over the long term and the Remuneration Committee
is keen to ensure that remuneration for the Company's senior team
and employees will be effective, fair and motivate them to deliver
success for the Company and its shareholders."
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018, as amended ("MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this inside information is
now considered to be in the public domain.
The person responsible for arranging the release of this
announcement on behalf of the Company is Philip Tansey, Chief
Financial Officer of the Company.
For further information please visit www.scholiumgroup.com or
contact:
Scholium Group plc
David Harland, Chairman
Philip Tansey, Chief Financial
Officer +44 (0)20 7493 0876
WH Ireland Ltd - Nominated
Adviser
Chris Fielding
Enzo Aliaj +44 (020) 7220 1666
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Bernard Shapero
--------------------------- ------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------
a) Position/status CEO
--------------------------- ------------------------------------------
b) Initial notification/ Initial Notification
Amendment
--------------------------- ------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Scholium Group Plc
--------------------------- ------------------------------------------
b) LEI 213800X174X5ARSGSN91
--------------------------- ------------------------------------------
Details of the transaction(s): section to be repeated for (i)
4 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 1p each
financial instrument,
type of instrument GB00BJYS2173
Identification code
--------------------------- ------------------------------------------
b) Nature of the transaction Grant of Options under the Company's EMI
Options Scheme
--------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
37.5p 400,000
----------
--------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume 400,000
- Price GBP150,000
--------------------------- ------------------------------------------
e) Date of the transaction 16 June 2023
--------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- ------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name David Harland
--------------------------- ------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------
a) Position/status Chairman
--------------------------- ------------------------------------------
b) Initial notification/ Initial Notification
Amendment
--------------------------- ------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Scholium Group Plc
--------------------------- ------------------------------------------
b) LEI 213800X174X5ARSGSN91
--------------------------- ------------------------------------------
Details of the transaction(s): section to be repeated for (i)
4 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 1p each
financial instrument,
type of instrument GB00BJYS2173
Identification code
--------------------------- ------------------------------------------
b) Nature of the transaction Grant of Options under the Company's EMI
Options Scheme
--------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
37.5p 200,000
----------
--------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume 200,000
- Price GBP75,000
--------------------------- ------------------------------------------
e) Date of the transaction 16 June 2023
--------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- ------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Philip Tansey
--------------------------- ------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------
a) Position/status Chairman
--------------------------- ------------------------------------------
b) Initial notification/ Initial Notification
Amendment
--------------------------- ------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Scholium Group Plc
--------------------------- ------------------------------------------
b) LEI 213800X174X5ARSGSN91
--------------------------- ------------------------------------------
Details of the transaction(s): section to be repeated for (i)
4 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 1p each
financial instrument,
type of instrument GB00BJYS2173
Identification code
--------------------------- ------------------------------------------
b) Nature of the transaction Grant of Options under the Company's EMI
Options Scheme
--------------------------- ------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
37.5p 100,000
----------
--------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume 100,000
- Price GBP37,500
--------------------------- ------------------------------------------
e) Date of the transaction 16 June 2023
--------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- ------------------------------------------
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END
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