Grant of Options and Director/PDMR Shareholding
Source: RNS
TP ICAP Group plc
LEI: 2138006YAA7IRVKKGE63
4 May 2022
Grant of Savings-Related Share Options and Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them
TP ICAP Group plc (the "Company") is pleased to announce that it has launched a Savings-Related Share Option Plan (the "2022 SRSO Plan") for all eligible employees.
Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 25 pence each ("Ordinary Shares") which have been granted at an exercise price of £1.1997 per Ordinary Share in accordance with the terms of the 2022 SRSO Plan. The Options were issued on 29 April 2022 and will normally be exercisable from 1 June 2025 for six months.
692 employees have elected to participate in the 2022 SRSO Plan and as a result Options over a total of 7,673,726 Ordinary Shares have been granted in respect of the 2022 SRSO Plan, representing 0.97% of the Company's issued share capital.
The following PDMRs have chosen to participate in the 2022 SRSO Plan:
|
PDMR |
Number of shares |
Share price |
Nature of Transaction |
|
Robin Stewart |
15,003 |
£1.1997
|
Grant of an option of ordinary shares of TP ICAP Group plc under the 2022 SRSO Plan |
|
Philip Price |
15,003 |
£1.1997
|
Grant of an option of ordinary shares of TP ICAP Group plc under the 2022 SRSO Plan |
In choosing to participate in the 2022 SRSO Plan, the above stated PDMRs withdrew from the 2021 Savings-Related Share Option Plan ("2021 SRSO Plan") and their respective 2021 SRSO Plan options previously announced on 23 April 2021 have therefore lapsed.
For further enquiries, please contact Andrew Eames, Group Company Secretary.
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Robin Stewart |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Director |
||||
|
b)
|
Initial notification /Amendment
|
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
TP ICAP Group plc |
||||
|
b)
|
LEI
|
2138006YAA7IRVKKGE63 |
||||
|
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 25p each
JE00BMDZN391 |
||||
|
b)
|
Nature of the transaction
|
Grant of an option of ordinary shares of TP ICAP Group plc under the 2022 SRSO Plan. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
15,003
£1.1997
|
||||
|
e)
|
Date of the transaction
|
29 April 2022 |
||||
|
f)
|
Place of the transaction
|
Outside of trading venue |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Philip Price |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Director |
||||
|
b)
|
Initial notification /Amendment
|
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
TP ICAP Group plc |
||||
|
b)
|
LEI
|
2138006YAA7IRVKKGE63 |
||||
|
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 25p each
JE00BMDZN391 |
||||
|
b)
|
Nature of the transaction
|
Grant of an option of ordinary shares of TP ICAP Group plc under the 2022 SRSO Plan. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
15,003
£1.1997
|
||||
|
e)
|
Date of the transaction
|
29 April 2022 |
||||
|
f)
|
Place of the transaction
|
Outside of trading venue |
||||
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