Transense Technologies PLC Award of options (2107J)
June 27 2017 - 1:01AM
UK Regulatory
TIDMTRT
RNS Number : 2107J
Transense Technologies PLC
27 June 2017
27 June 2017
Transense Technologies PLC
("Transense" or the "Company")
Award of options
Transense Technologies plc (AIM: TRT), announces that on 26 June
2017 it issued options over 470,000 ordinary shares of 50p each
(the "Options") under the Transense 2017 Enterprise Management
Incentive Option Scheme (the "Scheme") to Graham Storey, David Ford
and Melvyn Segal, the Company's Executive Directors. At the same
time options issued in December 2011 and August 2012 totalling
220,000 were waived by Graham Storey, David Ford and Melvyn
Segal.
The Options provide the right to subscribe for 220,000 ordinary
shares of 50 pence each ("Ordinary Shares") at an exercise price of
GBP0.75 per Ordinary Share if the Company's share price reaches
GBP1.50 expiring in June 2022 and the right to subscribe for
250,000 Ordinary Shares at an exercise price of GBP1.00 if the
Company's share price reaches GBP2.00 expiring in June 2027.
The full details of the Options are set out below:
Executive Directors Options Waived New Options Exercise
Price
--------------------- --------------- ------------ ---------
D Ford 70,000 70,000 GBP0.75
--------------------- --------------- ------------ ---------
G Storey-Macintosh 120,000 120,000 GBP0.75
--------------------- --------------- ------------ ---------
M Segal 30,000 30,000 GBP0.75
--------------------- --------------- ------------ ---------
Total 220,000 220,000
--------------------- --------------- ------------
Executive Directors New Options Exercise
Price
--------------------- --------------- ------------
D Ford 100,000 GBP1.00
--------------------- --------------- ------------
G Storey-Macintosh 100,000 GBP1.00
--------------------- --------------- ------------
M Segal 50,000 GBP1.00
--------------------- --------------- ------------
Total 250,000
--------------------- ---------------
The Remuneration Committee resolved to grant these Options on
the terms set out above. The exercise price was determined by the
Remuneration Committee.
For further information please visit www.transense.co.uk or
contact:
Transense Technologies plc Tel: +44 1869 238 380
Graham Storey, Chief Executive
finnCap Tel: +44 20 7220 0500
Ed Frisby, Giles Rolls (Corporate
Finance)
Tony Quirke, Alice Lane
(Corporate Broking)
IFC Advisory Tel: +44 20 3053 8671
Tim Metcalfe, Graham Herring,
Heather Armstrong
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014
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 David Ford
--- ------------------------------- --------------------------------
2. Reason for the Notification
--- -----------------------------------------------------------------
a) Position/status Chairman
--- ------------------------------- --------------------------------
b) Initial notification/Amendment Initial
--- ------------------------------- --------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name Transense Technologies 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 Ordinary shares of 50 pence
the Financial
instrument, type
of instrument
---
Identification GB00BDHDTH21
code
--- ------------------------------- --------------------------------
b) Nature of the Grant of Options over Ordinary
transaction Shares
--- ------------------------------- --------------------------------
c) Price(s) and Exercise Price(s) Volume(s)
volume(s) ------------------ ----------
75p 70,000
------------------ ----------
100p 100,000
------------------ ----------
--- ------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume See above
* Price
--- ------------------------------- --------------------------------
e) Date of the transaction 26 June 2017
--- ------------------------------- --------------------------------
f) Place of the London Stock Exchange, AIM
transaction (XLON)
--- ------------------------------- --------------------------------
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 Graham Storey Macintosh
--- ------------------------------- --------------------------------
2. Reason for the Notification
--- -----------------------------------------------------------------
a) Position/status CEO
--- ------------------------------- --------------------------------
b) Initial notification/Amendment Initial
--- ------------------------------- --------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name Transense Technologies 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 Ordinary shares of 50 pence
the Financial
instrument, type
of instrument
---
Identification GB00BDHDTH21
code
--- ------------------------------- --------------------------------
b) Nature of the Grant of Options over Ordinary
transaction Shares
--- ------------------------------- --------------------------------
c) Price(s) and Exercise Price(s) Volume(s)
volume(s) ------------------ ----------
75p 120,000
------------------ ----------
100p 100,000
------------------ ----------
--- ------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume See above
* Price
--- ------------------------------- --------------------------------
e) Date of the transaction 26 June 2017
--- ------------------------------- --------------------------------
f) Place of the London Stock Exchange, AIM
transaction (XLON)
--- ------------------------------- --------------------------------
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 Melvyn Segal
--- ------------------------------- --------------------------------
2. Reason for the Notification
--- -----------------------------------------------------------------
a) Position/status FD
--- ------------------------------- --------------------------------
b) Initial notification/Amendment Initial
--- ------------------------------- --------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name Transense Technologies 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 Ordinary shares of 50 pence
the Financial
instrument, type
of instrument
---
Identification GB00BDHDTH21
code
--- ------------------------------- --------------------------------
b) Nature of the Grant of Options over Ordinary
transaction Shares
--- ------------------------------- --------------------------------
c) Price(s) and Exercise Price(s) Volume(s)
volume(s) ------------------ ----------
75p 30,000
------------------ ----------
100p 50,000
------------------ ----------
--- ------------------------------- --------------------------------
d) Aggregated information:
* Aggregated volume See above
* Price
--- ------------------------------- --------------------------------
e) Date of the transaction 26 June 2017
--- ------------------------------- --------------------------------
f) Place of the London Stock Exchange, AIM
transaction (XLON)
--- ------------------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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