REG - Fletcher King PLC - Existing Option Surrender & Director/PDMR Dealings

Fletcher KingAnnouncement

31/01/2025 07:00

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RNS Number : 3640V  Fletcher King PLC  31 January 2025

   31 January 2025

 

Fletcher King plc

 

("Fletcher King" or the "Company")

 

 

Surrender of Existing Options and Director/PDMR Dealings

 

The Board of Fletcher King PLC (AIM: FLK) announces that certain Directors, a
PDMR and employees of the Company have surrendered, in aggregate, 920,000
options over new Ordinary Shares which were granted on 5 October 2021 ("Option
Surrender") for nil consideration.

 

As at the date of this announcement and following the Option Surrender, there
is a total of 920,000 options over new Ordinary Shares in the Company,
representing approximately 9% of the Company's existing issued share
capital.

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company are responsible for
the release of this announcement.

 

For further information, please contact:

 

 Fletcher King plc                Tel: +44 (0) 20 7493 8400
 David Fletcher, Chairman

 Peter Bailey, Finance Director

 Cairn Financial Advisers LLP     Tel: +44 (0) 20 7213 0880
 (Nominated Adviser)
 James Caithie

 Liam Murray

Forward Looking Statements

 

Certain statements in this announcement are forward-looking statements
relating to the Company's operations, performance and financial position based
on current expectations of, and assumptions and forecasts made by,
management.  They are subject to a number of risks, uncertainties and other
factors which could cause actual results, performance or achievements of the
Company to differ materially from any outcomes or results expressed or implied
by such forward-looking statements.  Undue reliance should not be placed on
such forward looking statements.  They are made only as of the date of this
announcement and no representation, assurance, guarantee or warranty is given
in relation to them including as to their accuracy, completeness, or the basis
on which they are made.

 

 

 

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 Details of the person discharging managerial responsibilities/person closely
 associated
 Name                                                         a) Robert Dickman

                                                              b) Paul Andrews

                                                              c) Peter Bailey

                                                              d) Paul Morris

 Reason for notification                                       Initial Notification
 Position/Status                                              a) Executive Director

                                                              b) Managing Director

                                                              c) Finance Director

                                                              d) PDMR (Director of subsidiary company)

 Initial notification/                                        Initial

 Amendment
 Details of the issuer, emission allowance market participant, auction
 platform, auctioneer or auction monitor
 Name                                                         Fletcher King plc

 21380047ETCYL7UA8W49
 LEI
 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
 Description of the financial instrument, type of instrument  Options over ordinary shares of 10p each

Identification Code
 

                                                               GB0003425310
 Nature of the transaction                                    Surrender of Options to subscribe for ordinary shares
 Price(s) and volume(s)
                                                                        Price(s)     Volume(s)
                                                              a) Nil    a) 250,000

                                                              b) Nil    b) 250,000

                                                              c) Nil    c) 200,000

                                                              d) Nil    d) 100,000

 Aggregated information

 - Aggregated Volume

  - Price                                                     800,000

                                                              Nil
 Date of the transaction                                      29 January 2025
 Place of the transaction                                     UK

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

Description of the financial instrument, type of instrument

Identification Code

Options over ordinary shares of 10p each

 

 GB0003425310

Nature of the transaction

Surrender of Options to subscribe for ordinary shares

Price(s) and volume(s)

Price(s)

Volume(s)

a) Nil

b) Nil

c) Nil

d) Nil

 

a) 250,000

b) 250,000

c) 200,000

d) 100,000

 

Aggregated information

- Aggregated Volume

 - Price

 

 

800,000

Nil

Date of the transaction

29 January 2025

Place of the transaction

UK

 

 

 

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