REG - Gateley (Holdings) - Grant of Share Awards, Share Options and TVR
23/02/2023 09:45
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RNS Number : 8580Q Gateley (Holdings) PLC 23 February 2023
23 February 2023
GATELEY (HOLDINGS) PLC
("Gateley" or the "Group" or the "Company")
(AIM: GTLY)
GRANT OF SHARE AWARDS, SHARE OPTIONS AND TOTAL VOTING RIGHTS
Gateley, the legal and professional services group, is pleased to announce its
latest grant of annual share awards and awards under the Long-Term Incentive
Plan to partners, senior employees, subsidiary company directors and PDMRs.
Both Restricted Share Awards ("RSAs") and Long-Term Incentive Plan awards
("LTIPs") form part of the Group's retention and incentivisation policy. It
is a continuation of the board's strategy to differentiate the position of a
partner or director at Gateley from that of a partner in traditionally
structured professional services businesses.
The board is committed to providing its people with the opportunity to own
shares in the Company. Such share ownership promotes strong alignment with the
Group's external shareholders, incentivises employees and is reflective of
Gateley's long-established culture. At least 64% of current employees are
existing share or option holders in the Group.
The RSAs, which vest on receipt, are subject to a five-year non-dealing
restriction and are forfeited should employment be terminated within that
period.
LTIP awards over 1,320,000 Ordinary Shares of 10 pence each in the Company
("Ordinary Shares") have also been awarded today. LTIP awards vest at the end
of a three-year period, dependent upon the achievement of profit related
performance conditions and continuous employment. Details of these
performance conditions can be found in the Group's annual report.
The Gateley Employee Benefit Trust ("EBT") has also made an award to a
director for outstanding contribution over an extended period, which will be
satisfied from the EBT.
Issue of new Ordinary Shares and total voting rights
The board has agreed to allot and issue 1,175,000 Ordinary Shares to the EBT
for the onward allocation to recipients of the RSA awards.
Application will be made to the London Stock Exchange for the 1,175,000 new
Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will take place at 8.00am on 1 March 2023.
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares
in issue. Following Admission, Gateley's total issued share capital will
comprise 126,596,494 Ordinary Shares. This number may be used by shareholders
in Gateley as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the share capital of Gateley under the FCA's Disclosure
Guidance and Transparency Rules.
Rod Waldie, Gateley Chief Executive Officer, said:
"As previously emphasised, the creation of wider share ownership across all
levels of staff within the Group was one of our original goals when we became
a public company in 2015. Our people are the bedrock on which the successful
growth of the Group has been founded and they lie at the heart of our future
growth ambitions. These incentives are an important part of our strategy to
incentivise and retain our emerging senior talent."
Enquiries:
Gateley (Holdings) Plc
Neil Smith, Finance Director Tel: +44 (0) 121 234 0196
Nick Smith, Acquisitions Director and Head of Investor Relations Tel: +44 (0) 20 7653 1665
Cara Zachariou, Head of Corporate Communications Tel: +44 (0) 121 234 0074 Mob: +44 (0) 7703 684 946
Liberum - Nominated Adviser and Broker
Richard Lindley/Ben Cryer/Cara Murphy Tel: +44 (0) 20 3100 2000
Belvedere Communications Limited - Financial PR
Cat Valentine Mob: +44 (0) 7715 769 078
Keeley Clarke Mob: +44 (0) 7967 816 525
Llew Angus Mob: +44 (0) 7407 023 147
gateleypr@belvederepr.com (mailto:gateleypr@belvederepr.com)
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Neil Smith
2 Reason for notification
a. Position/Status Member of Holdings Board and Strategic Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£nil 40,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Victoria Walker (nee Garrad)
2 Reason for notification
a. Position/Status Member of Holdings Board and Strategic Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£nil 40,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name George Parker-Fuller
2 Reason for notification
a. Position/Status Member of Strategic Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£nil 40,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Katie Chester (nee Silvester)
2 Reason for notification
a. Position/Status Member of Operations Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 10,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name James Madill
2 Reason for notification
a. Position/Status Member of Operations Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
Issue of Restricted share award over ordinary shares of 10p each in the
capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
Award of Restricted shares
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 40,000 LTIPS
£Nil 25,000 RSAS
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Sarah Sabin
2 Reason for notification
a. Position/Status Member of Operations Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 20,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Andy Wilson
2 Reason for notification
a. Position/Status Member of Operations Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 40,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Jill Jenkinson
2 Reason for notification
a. Position/Status Member of Operations Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 40,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Richard Healey
2 Reason for notification
a. Position/Status Member of Strategic Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Gift of ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
by the Gateley Employee Benefit Trust
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of shares
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 230,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Nick Capell
2 Reason for notification
a. Position/Status Member of Operations Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 20,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name Vikki Whittemore
2 Reason for notification
a. Position/Status Member of Operations Board
b. Initial notification/ Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Gateley (Holdings) Plc
b. LEI 213800WZGNN7U6LEUM62
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 Issue of LTIP Options over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Award of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 20,000
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 23 February 2023
f. Place of the transaction London Stock Exchange
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