Company Announcements

PDMR Grant of Share Options

Source: RNS
RNS Number : 7361I
James Halstead PLC
28 March 2024
 

 

 

 

 

James Halstead plc

("James Halstead" or the "Company")

(AIM:JHD)

 

PDMR Grant of Share Options

James Halstead plc (AIM: JHD) announces that in accordance with the rules of the James Halstead Share Option Plan, the Remuneration Committee has granted 90,000 options to Persons Discharging Managerial Responsibilities ("PDMRs") as listed below. 

PDMR

Position

Number of Options granted

Exercise Price

Total No. of Options now held

Total No. of Options held as percentage of current issued share capital

 

Mark Halstead

Group Chief Executive

30,000

192.75

397,802

0.095%

Gordon R Oliver

Group Finance Director

30,000

192.75

394,582

0.095%

David W Drillingcourt

Corporate Development Director

30,000

192.75

270,000

0.065%

The date of the grant is 27th March 2024, and the period of exercise is between the third and tenth anniversary from the date of the grant. The vesting of the award is dependent upon the achievement of a performance criteria and is subject to the operation of Malus and Clawback provisions, as set out in The Rules of the James Halsted PLC Share Option Plan.         

Following the grant of the Options the total number of ordinary shares in the Company under option is 3,747,334 representing 0.90% of the current issued share capital.

The notification set out below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

 

 1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Name

1.   Mark Halstead

2.   Gordon Richard Oliver

3.   David William Drillingcourt

 

2

Reason for the notification

a) 

Position/status 

Classified as PDMRs of the Company

 

b)

 

Initial notification /Amendment 

Initial Notification

 

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor

a)

Name

James Halstead plc

 

b)

LEI

213800C8FFBYV06UL498

 

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 5p each

 

GB00B0LS8535

 

b)

Nature of the transaction

Grant of Share Options

 

c)

 

Price(s) and volume(s)

 

Exercise Prices per share

Volume(s)

1.   192.75p

2.   192.75p

3.   192.75p

1.   30,000

2.   30,000

3.   30,000

 

d)

Aggregated information

- Aggregated volume

- Price

  

90,000

192.75p

  

 

e)

Date of the transaction

27th March 2024

 

f)

Place of the transaction

London Stock Exchange - AIM

 

 

Name of authorised official of issuer responsible for making notification:

David Fletcher, Company Secretary to James Halstead plc

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