REG - Gateley (Holdings) - PDMR Dealings and TVR

Gateley (Holdings)Announcement

02/09/2025 07:00

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RNS Number : 5422X  Gateley (Holdings) PLC  02 September 2025

2 September 2025

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014, which forms part of United Kingdom domestic law by
virtue of the European Union (Withdrawal) Act 2018. Upon the publication of
this announcement, this inside information is now considered to be in the
public domain.

Gateley (Holdings) Plc

("Gateley" or the "Group")

(AIM:GTLY)

 

Grant of share awards to senior leaders

Issue of shares and TVR

Gateley, the professional services group, is pleased to announce its latest
grant of share awards to senior employees, subsidiary company directors and
PDMRs (as set out in the tables below).

Issue of new Ordinary Shares and total voting rights

 

The Board has agreed to allot and issue 2,013,213 Ordinary Shares to the
Gateley Employee Benefit Trust ("EBT") for onward allocation in share scheme
awards.

 

Application has been made to the London Stock Exchange for the 2,013,213 new
Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected
that Admission will take place at 8.00am on 4 September 2025.

 

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 135,714,839 Ordinary Shares, with no shares held in treasury. 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.

Restricted Share Awards ("RSAs") are reserved for senior leaders as part of
the Group's progressive incentivisation and equity recirculation plan, which
differentiates the position of senior employees at Gateley from that of a
partner in a traditionally structured professional services business.

In total, 5,693,491 shares have been awarded to senior leaders, as follows:

 

·      RSAs over 5,386,567 Ordinary Shares of 10 pence each in the
Company ("Ordinary Shares") have been awarded. These awards have all been
satisfied from Ordinary Shares held by the EBT.  They vest on receipt, are
subject to a five-year non-dealing restriction and are forfeited should
employment be terminated within that period;

 

·      The EBT has also made a share award to a member of Gateley's
Strategic Board for outstanding contribution over an extended period, which
will also be satisfied from already held shares within the EBT;

 

·      Awards over shares from Gateley (Holdings) Plc have also been
made to two senior partners in the Group's Dubai office.

 

Prior to today's announcement, 3,680,278 shares were held by the EBT including
1,416,808 Ordinary Shares purchased on 20 August 2025 at an average price of
125.00 pence per Ordinary Share from certain employees and former employees of
the Company.  This purchase did not include any PDMRs.

 

The EBT is a discretionary trust for the benefit of the Company's employees,
including the Directors of the Company. The purchase of Ordinary Shares by the
EBT was funded by the Company using its revolving credit facility.

 

 

Rod Waldie, Gateley Chief Executive Officer, said:

 

"The board firmly believes that the use of equity as an incentive and means of
extending share ownership through all levels of the Group is a material point
of positive differentiation for Gateley in an intensely competitive staffing
environment. It therefore remains an important component for our future growth
ambitions. I'm delighted that we have made these awards, which are
part-satisfied by recirculation of existing internally held shares in line
with our previously announced strategy of minimising the external impact of
share scheme awards."

 

Enquiries:

 

 Gateley (Holdings) Plc
 Neil Smith, Chief Financial Officer                               Tel: +44 (0) 121 234 0196
 Nick Smith, Acquisitions Director and Head of Investor Relations  Tel: +44 (0) 20 7653 1665
 Cara Zachariou, Communications Director                           Tel: +44 (0) 121 234 0074 Mob: +44 (0) 7703 684 946

 Panmure Liberum - Nominated Adviser and Broker                    Tel: +44 (0) 20 3100 2000

 Nicholas How/Satbir Kler

 

 

 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 Restricted Share Award over ordinary shares of 10p each in the

                                                            capital of Gateley (Holdings) Plc

Identification Code

                                                                  ISIN: GB00BXB07J71
 b.  Nature of the transaction                                    Award of Restricted shares
 c.  Price(s) and volume(s)
                                                                               Price(s)     Volume(s)
     £nil                                                                      115,385
 d.  Aggregated information

     - Aggregated Volume                                          N/a

     - Price                                                      Nil
 e.  Date of the transaction                                      2 September 2025
 f.  Place of the transaction                                     Off-market

 

 

 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 Restricted Share Award over ordinary shares of 10p each in the

                                                            capital of Gateley (Holdings) Plc

Identification Code

                                                                  ISIN: GB00BXB07J71
 b.  Nature of the transaction                                    Award of Restricted shares
 c.  Price(s) and volume(s)
                                                                               Price(s)     Volume(s)
     £nil                                                                      115,385
 d.  Aggregated information

     - Aggregated Volume                                          N/a

     - Price                                                      Nil
 e.  Date of the transaction                                      2 September 2025
 f.  Place of the transaction                                     Off-market

 

 

 

 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  Award 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                                      2 September 2025
 f.  Place of the transaction                                     Off-market

 

 

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