Crimson Tide PLC Director/PDMR Shareholding (5209P)
November 18 2016 - 3:45AM
UK Regulatory
TIDMTIDE
RNS Number : 5209P
Crimson Tide PLC
18 November 2016
CRIMSON TIDE PLC
("Crimson Tide" or "the Company")
Exercise of Options
Crimson Tide announces that certain of its directors yesterday
exercised options over 6,000,000 ordinary shares of 0.1p each in
the Company ("Ordinary Shares") under the Company's EMI Share
Option Scheme.
On 17 November 2016 Steve Goodwin, Finance Director, exercised
options over 5,000,000 Ordinary Shares at an exercise price of 1.5p
per share. Following the exercise, Mr Goodwin holds 30,611,484
Ordinary Shares and also has an interest as a trustee in 9,150,000
Ordinary Shares, representing, in aggregate, 8.77% of the issued
share capital.
On 17 November 2016 Luke Jeffrey, Technical Director, exercised
options over 1,000,000 Ordinary Shares at an exercise price of 1.5p
per share. Following the exercise, Mr Jeffrey holds 1,061,890
Ordinary Shares, or 0.23% of the issued share capital.
The new Ordinary Shares issued pursuant to the exercise of
options will rank pari passu with the existing Crimson Tide
Ordinary Shares. Application has been made for the 6,000,000 shares
to be admitted to AIM and admission is expected to take place on or
around 24 November 2016.
The total number of shares in issue following the issue of these
shares will be 453,486,234. Crimson Tide has no shares in Treasury,
therefore this figure may be used by Shareholders, from Admission,
as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under
the FCA's Disclosure and Transparency Rules.
Crimson Tide plc
Barrie Whipp 01892 542 444
Steve Goodwin
W.H. Ireland Limited
James Joyce / 020 7220 1666
James Bavister
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 Steve Goodwin
---- ------------------------------------------------------------- -----------------------------------
2 Reason for the notification
---- --------------------------------------------------------------------------------------------------
a) Position/status Finance Director, Crimson Tide plc
---- ------------------------------------------------------------- -----------------------------------
b) Initial notification/ Amendment Initial Notification
---- ------------------------------------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
---- --------------------------------------------------------------------------------------------------
a) Name Crimson Tide plc
---- ------------------------------------------------------------- -----------------------------------
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 of the financial instrument, type of instrument Ordinary shares of 0.1p each
Identification code
GB0002080082
---- ------------------------------------------------------------- -----------------------------------
b) Nature of the transaction Exercise of share options
---- ------------------------------------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
1.5p 5,000,000
--------- ----------
---- ------------------------------------------------------------- -----------------------------------
d) Aggregated information
* Aggregated volume 5,000,000
1.5p
* Price
------------------------------------------------------------------ -----------------------------------
e) Date of the transaction 17 November 2016
---- ------------------------------------------------------------- -----------------------------------
f) Place of the transaction London Stock Exchange, AIM
---- ------------------------------------------------------------- -----------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
---- ----------------------------------------------------------------------------------------------------
a) Name Luke Jeffrey
---- ------------------------------------------------------------- -------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------------------------------------
a) Position/status Technical Director, Crimson Tide plc
---- ------------------------------------------------------------- -------------------------------------
b) Initial notification/ Amendment Initial Notification
---- ------------------------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
---- ----------------------------------------------------------------------------------------------------
a) Name Crimson Tide plc
---- ------------------------------------------------------------- -------------------------------------
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 of the financial instrument, type of instrument Ordinary shares of 0.1p each
Identification code
GB0002080082
---- ------------------------------------------------------------- -------------------------------------
b) Nature of the transaction Exercise of share options
---- ------------------------------------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
1.5p 1,000,000
--------- ----------
---- ------------------------------------------------------------- -------------------------------------
d) Aggregated information
* Aggregated volume 1,000,000
1.5p
* Price
------------------------------------------------------------------ -------------------------------------
e) Date of the transaction 17 November 2016
---- ------------------------------------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM
---- ------------------------------------------------------------- -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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