Van Elle Holdings PLC Director/PDMR Shareholding (6339X)
August 13 2018 - 7:00AM
UK Regulatory
TIDMVANL
RNS Number : 6339X
Van Elle Holdings PLC
13 August 2018
13 August 2018
Van Elle Holdings plc
("Van Elle" or "the Group" or "the Company")
Director Shareholding
Further to the announcement of 3 May 2018, the Company is
pleased to confirm that Mark Cutler has today joined the Board of
Van Elle as Chief Executive Officer.
On joining the Group, Mr Cutler has today been granted an award
over a total of 331,395 ordinary shares of 2 pence each in the
capital of the Company under the Van Elle Holdings plc Long Term
Incentive Plan 2016 ("LTIP"). The award has been granted in the
form of an option to acquire the aforementioned shares at an
exercise price of 2 pence per share. The award is governed by the
rules of the LTIP and, subject thereto, will vest on the third
anniversary of the date of grant to the extent determined in
accordance with certain performance criteria. Further information
on the LTIP can be found in the Company's annual report and
accounts.
Enquiries:
Instinctif Partners (Financial PR Advisers) Tel: 020 7457 2020
Mark Garraway
Rosie Driscoll
Peel Hunt LLP (Nominated Adviser and corporate
broker) 020 7418 8900
Charles Batten
Mike Bell
Justin Jones
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 Mark Cutler
------------------------------ ------------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------------
a. Position/status Chief Executive Officer/PDMR
------------------------------ ------------------------------------------------
b. Initial notification Initial
/Amendment
------------------------------ ------------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------
a. Name Van Elle Holdings 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 2 pence each
the
Financial instrument, ISIN: GB00BYX4TP46
type
of instrument
Identification
code
------------------------------ ------------------------------------------------
b. Nature of the Grant of an award under the Van Elle Holdings
transaction plc Long Term Incentive Plan 2016 to acquire
ordinary shares of 2 pence each in the capital
of Van Elle Holdings plc for an exercise
price of 2 pence per share.
------------------------------ ------------------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) 2 pence per
share (exercise
price) 331,395
----------
------------------------------ ------------------------------------------------
d. Aggregated information
* Aggregated volume
N/A
* Price
------------------------------ ------------------------------------------------
e. Date of the transaction 2018-08-13
------------------------------ ------------------------------------------------
f. Place of the London Stock Exchange (AIM)
transaction
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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
DSHBBGDICDBBGIX
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