S & U PLC Exercise and Sale of Options / Total Voting Rights (7276Y)
May 10 2019 - 10:32AM
UK Regulatory
TIDMSUS
RNS Number : 7276Y
S & U PLC
10 May 2019
10 May 2019
S & U PLC ("S&U" or "the Company")
Exercise and Sale of Options, Director/PDMR Shareholding and
Total Voting Rights
Exercise and Sale of Options
S&U plc announces that it has today received notice of the
exercise of 20,000 options granted to Mr Guy Thompson, a director
of S&U plc under the Company's 2010 Long Term Incentive Plan
("LTIP"). These options were exercised at an exercise price of 12.5
pence per share and these 20,000 Ordinary Shares were sold in the
market at a price of 2,100 pence per share. Following these
transactions the beneficial shareholding of Mr Guy Thompson is nil
ordinary shares and he holds 70,000 ordinary share options which
are vested but unexercised.
The 20,000 Ordinary Shares will be admitted to trading pursuant
to an existing block listing, and will rank pari pasu with existing
Ordinary Shares.
Total Voting Rights
Following the issue of these Ordinary Shares, the total number
of voting rights in S&U is 12,042,426. This number (12,042,426)
should be used by shareholders and other parties subject to
disclosure obligations as the denominator for the calculations by
which they determine if they are required to notify their interest
in or a change to their interest in the share capital of S&U
under the FCA's Disclosure and Transparency rules.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Guy Thompson
-------------------------- ----------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status Director
-------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name S&U PLC
-------------------------- ----------------------------------------
b) LEI 213800QZ1X2A7J64SQ31
-------------------------- ----------------------------------------
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 12.5p each
financial instrument,
type of instrument
ISIN : GB0007655037
Identification code
-------------------------- ----------------------------------------
b) Nature of the transaction Exercise of options under the Company's
2010 Long Term Incentive and 2008
Discretionary Share Option Plans.
-------------------------- ----------------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
12.5p 20,000
----------
-------------------------- ----------------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
-------------------------- ----------------------------------------
e) Date of the transaction 10 May 2019
-------------------------- ----------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
-------------------------- ----------------------------------------
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 12.5p each
financial instrument,
type of instrument
ISIN : GB0007655037
Identification code
-------------------------- ----------------------------------------
b) Nature of the transaction Sale of Ordinary Shares following
an exercise of options under the
Company's 2010 Long Term Incentive
Plan.
-------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s) Date
2,100p 20,000 10 May 2019
---------- ------------
-------------------------- ----------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 20,000
Volume weighted average price: 2,100p
- Price
-------------------------- ----------------------------------------
e) Date of the transaction 10 May 2019
-------------------------- ----------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
-------------------------- ----------------------------------------
Enquiries:
Anthony Coombs S&U plc c/c/o Newgate Communications
Financial Public Relations
Bob Huxford, Tom Carnegie,
Megan Kovach Newgate Communications 020 7653 9848
Broker
Adrian Trimmings, Andrew
Buchanan, Rishi Shah Peel Hunt LLP 020 7418 8900
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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