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RNS Number : 5819R Latham(James) PLC 01 March 2023
James Latham plc
("James Latham" or "the Company")
Exercise of Options & PDMR Dealings
The Company announces that on 1 March 2023, the Company's 2019 Save as You
Earn ("SAYE") scheme matured, and options were exercised by certain PDMR's as
detailed below, over 8,662 ordinary shares of 25p at a price of 727p per
share. The issue of ordinary shares in connection with the maturing of the
SAYE scheme was satisfied by shares held by the James Latham Employee Benefits
Trust.
PDMR SIPS scheme allocation Resultant Total Shareholding Resultant Total Shareholding %
Nick Latham - Chairman 2,475 646,082 3.20%
David Dunmow - Finance Director 2,475 143,670 0.71%
Piers Latham - Executive Director 2,475 642,956 3.19%
Andrew Wright - Managing Director 1,237 31,306 0.16%
For further information please visit www.lathamtimber.co.uk
(http://www.lathamtimber.co.uk) or contact:
James Latham plc Tel: 01442 849 100
Nick Latham, Chairman
David Dunmow, Finance Director
SP Angel Corporate Finance LLP
Matthew Johnson / Charlie Bouverat (Corporate Finance) Tel: 0203 470 0470
Abigail Wayne, Rob Rees (Corporate Broking)
The information below, set out in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail.
Issue of Ordinary Shares to PDMRs
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name 1. Nick Latham
2. David Dunmow
3. Piers Latham
4. Andrew Wright
2 Reason for the notification
a) Position/status 1. Chairman
2. Finance Director
3. Executive Director
4. Managing Director
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name James Latham plc
b) LEI 2138008M4LVEDHBPBU41
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 Ordinary shares of 25p each
Identification code GB00B04NP100
b) Nature of the transaction Exercise of options under the Company's 2019 Save as You Earn Scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
1. 727.0 p 1. 2,475
2. 727.0 p 2. 2,475
3. 727.0 p 3. 2,475
4. 727.0 p 4. 1,237
d) Aggregated information
- Aggregated volume As above
- Price
e) Date of the transaction 1 March 2023
f) Place of the transaction Outside a trading venue
2
Reason for the notification
a)
Position/status
1. Chairman
2. Finance Director
3. Executive Director
4. Managing Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a)
Name
James Latham plc
b)
LEI
2138008M4LVEDHBPBU41
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
Ordinary shares of 25p each
Identification code
GB00B04NP100
b)
Nature of the transaction
Exercise of options under the Company's 2019 Save as You Earn Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. 727.0 p
2. 727.0 p
3. 727.0 p
4. 727.0 p
1. 2,475
2. 2,475
3. 2,475
4. 1,237
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
1 March 2023
f)
Place of the transaction
Outside a trading venue
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