Director Dealing – Exercise of Share Options
Source: RNS
30 April 2021
EMIS Group plc
Director Dealing - Exercise of Share Options
EMIS Group plc ("the Company") announces that on 30 April 2021 the Company was notified that Andrew Thorburn, Chief Executive Officer, had exercised three options over 45,982 Ordinary Shares of one pence each ("Ordinary Shares") granted at nil cost under the Company's Long Term Share Incentive Award and awarded on 1 May 2017, 4 September 2017 and 6 November 2018 (which had been the subject of performance conditions).
The Company was also notified that Andrew Thorburn subsequently sold 21,700 Ordinary Shares at a price of £12.25 per Ordinary Share and 24 Ordinary Shares at a price of £12.24 per Ordinary Share to fund the tax liabilities associated with the exercise.
Following this transaction Andrew Thorburn has a total beneficial holding of 66,916 Ordinary Shares representing 0.1% of the Company's issued share capital.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Andrew Thorburn |
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|
2 |
Reason for notification |
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|
a) |
Position / status |
Chief Executive Officer |
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|
b) |
Initial notification /Amendment |
Initial notification |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
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a) |
Name |
EMIS Group plc |
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|
b) |
LEI |
213800K474ZZK76NX913 |
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|
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
Identification code |
Ordinary shares of 1 pence each in EMIS Group plc
ISIN GB00B61D1Y04 |
||||
|
b) |
Nature of the transaction |
Exercise of option over 45,982 ordinary shares of 1pence each granted at nil-cost under the Company's Long Term Share Incentive Award on 1 May 2017, 4 September 2017 and 6 November 2018 |
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|
c) |
Price(s) and volumes(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
45,982 shares 0.00p |
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|
e) |
Date of the transaction |
2021-04-30
|
||||
|
f) |
Place of the transaction |
XLON - AIM |
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|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||||
|
a) |
Name |
Andrew Thorburn |
||||||
|
2 |
Reason for notification |
|||||||
|
a) |
Position / status |
Chief Executive Officer |
||||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
EMIS Group plc |
||||||
|
b) |
LEI |
213800K474ZZK76NX913 |
||||||
|
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
Identification code |
Ordinary shares of 1 pence each in EMIS Group plc
ISIN GB00B61D1Y04 |
||||||
|
b) |
Nature of the transaction |
Sale of 21,700 ordinary shares at a price of 1225.00 pence and sale of 24 ordinary shares at a price of 1224.00 pence following exercise of options over 45,982 ordinary shares under the Company's Long Term Share Incentive Award. |
||||||
|
c) |
Price(s) and volumes(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
21,724 shares 1225.00p |
||||||
|
e) |
Date of the transaction |
2021-04-30
|
||||||
|
f) |
Place of the transaction |
XLON - AIM |
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Enquiries:
For further information, contact:
EMIS Group plc
Andy Thorburn, CEO Tel: 0113 380 3000
Peter Southby, CFO
www.emisgroupplc.com
Numis Securities Limited (Nominated Adviser & Broker) Tel: 020 7260 1000
Oliver Hardy / Simon Willis / James Black
MHP Communications Tel: 020 3128 8540
Reg Hoare / Giles Robinson / Florence Mayo / Pandora Yadgaroff
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