Share PLC Expiry of Share Options Grant (5189R)
June 30 2020 - 4:15AM
UK Regulatory
TIDMSHRE
RNS Number : 5189R
Share PLC
30 June 2020
30 June 2020
Share plc
("the Company")
Expiry of Share Options Grant
Share plc (AIM:SHRE.LN) announces that on 25 June 2020 the
trustees of the Co-Ownership Equity Plan Share Incentive Scheme
(Sharesecure Limited and Richard Tolkien) reached agreement with
Richard Stone, Chief Executive Officer of the Company, to amend the
terms of the agreement between them of 29 June 2010 ("the
Co-Ownership Agreement") of which Mr Stone was the intended
beneficiary. The effect of the amendment was to bring forward the
expiry date of the grant made to Mr Stone on 29 June 2010 over
39,788 shares with a strike price of 32 pence ("the Grant"). The
expiry date for the Grant was brought forward from 29 June 2020 to
25 June 2020.
As a result of the amendment to the Co-Ownership Agreement the
Grant expired with effect from 25 June 2020. Consequently Mr
Stone's rights in the shares held by the Trustee were relinquished
on that date and the shares were sold in line with the rules of the
scheme without any benefit accruing to Mr Stone.
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and their Closely Associated Persons
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
Richard Stone
---------------------------------- -------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status CEO
---------------------------------- -------------------------------
b) Initial notification Initial Notification
/Amendment
---------------------------------- -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Share plc
---------------------------------- -------------------------------
b) LEI 213800GEZ4DHXJKGPB78
---------------------------------- -------------------------------
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
Transaction 1
-------------------------------------------------------------------
a) Description of the ORDINARY SHARES OF 0.5
financial instrument, PENCE EACH
type of instrument
ISIN: GB0001977866
Identification code
---------------------------------- -------------------------------
b) Nature of the transaction Expiry of share options
---------------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.32 39,788
----------
---------------------------------- -------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
---------------------------------- -------------------------------
e) Date of the transaction 25/06/20
---------------------------------- -------------------------------
f) Place of the transaction XOFF
---------------------------------- -------------------------------
For more information, please contact:
Share plc 01296 414141
Giles Pemberton, Company Secretary
Cenkos Securities plc, Nominated Adviser
and Broker 020 7397 8900
Mark Connelly/Katy Birkin
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
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