REG - Thorpe(F.W.) PLC - Grant of Options

FW ThorpeAnnouncement

31/05/2024 10:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240531:nRSe6501Qa&default-theme=true

RNS Number : 6501Q  Thorpe(F.W.) PLC  31 May 2024

FW Thorpe Plc

("FW Thorpe" or the "Company")

Grant of Options

 

FW Thorpe announces that following approval of the Executive Share Ownership
Plan at the General Meeting held on 18 April 2024, a total of 1,925,000 share
options over ordinary shares of 1 pence each in the Company ("Share Options")
have been granted to Directors of the Company and senior management across the
Group.

 

The following Share Options have been granted to Directors of the Company
under the Executive Share Ownership Plan:

 

 Option holder  Number of

Share Options
 C. Muncaster             200,000
 J. Thorpe                200,000
                          400,000

 

There has been no other change to their beneficial holdings as a result of the
grant of Share Options.

 

The Share Options represent 1.6 per cent of the shares in issue with voting
rights, comprising 117,291,586 ordinary shares.

 

The Share Options issued are exercisable at a price of 375 pence each for
Approved 337.5 pence for Unapproved.

 

For further information in relation to the Executive Share Option Scheme,
including the performance conditions, please refer to the Company's circular
dated 22 March 2024 which is available at the Company's website
http://www.fwthorpe.co.uk/ (http://www.fwthorpe.co.uk/) .

 

For further information please contact:

 

F W Thorpe Plc

Mike Allcock - Chairman, Joint Chief Executive
 
Tel:  01527 583200

Craig Muncaster - Joint Chief Executive, Group Financial Director
 

 

Singer Capital Markets - Nominated Adviser

James Moat / Sam Butcher
 
            Tel:  020 7496 3000

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Craig Muncaster

 2    Reason for the notification

 a)   Position/status                                              Joint Chief Executive, Group Financial Director and Company Secretary (PDMR)

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         FW Thorpe plc

 b)   LEI                                                          2138007NXVPPRAXXHT76

 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 1p each

      Identification code

                                                                   ISIN Code: GB00BC9ZLX92

 b)   Nature of the transaction                                    Grant of 200,000 Share Options

 c)   Price(s) and volume(s)                                       Price(s):  Volume(s):

                                                            N/A        200,000

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      30 May 2024

 f)   Place of the transaction                                     Off-market transaction

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

e)

 

Date of the transaction

 

30 May 2024

f)

 

Place of the transaction

 

Off-market transaction

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         James Thorpe

 2    Reason for the notification

 a)   Position/status                                              Business Development Director, Thorlux Lighting (PDMR)

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         FW Thorpe plc

 b)   LEI                                                          2138007NXVPPRAXXHT76

 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 1p each

      Identification code

                                                                   ISIN Code: GB00BC9ZLX92

 b)   Nature of the transaction                                    Grant of 200,000 Share Options

 c)   Price(s) and volume(s)                                       Price(s):  Volume(s):

                                                            N/A        200,000

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      30 May 2024

 f)   Place of the transaction                                     Off-market transaction

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

e)

 

Date of the transaction

 

30 May 2024

f)

 

Place of the transaction

 

Off-market transaction

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHSDMSAFELSEII