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RNS Number : 2616N Gateley (Holdings) PLC 21 September 2023
21 September 2023
GATELEY (HOLDINGS) PLC
("Gateley" or the "Group" or the "Company")
(AIM: GTLY)
GRANT OF SHARE AWARDS, EXERCISE OF SHARE OPTIONS, ISSUE OF EQUITY, TOTAL
VOTING RIGHTS
Gateley, the professional services group, is pleased to announce its latest
grant of annual share awards and exercise of share options by employees,
including PDMRs.
The Group's suite of share awards form's part of the Group's retention and
incentivisation policy. It is a continuation of the board's strategy to
differentiate the Group's remuneration package from other professional
services businesses structured under a traditional partnership model.
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 65% of current employees are
existing share or option holders in the Group.
Restricted Share Awards
The board is pleased to announce the grant of new Restricted Share Awards
("RSA") over 790,131 Ordinary shares of 10 pence each in the Company
("Ordinary Shares"). RSA awards were approved by the board on 14 September
to partner and director level equivalent staff. The RSAs, which vest on
receipt, are subject to a five-year non-dealing restriction and are subject to
forfeit should employment be terminated within that period.
Long-Term Incentive Plan
Long-Term Incentive Plan awards ("LTIP") over 727,790 Ordinary Shares vested
on 14 September 2023 and were exercised on 21 September 2023 by 77 partners,
including a number of PDMRs as disclosed in the tables below. These LTIP
awards vested at the end of a three-year period, with vesting and exercise
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.
Employee Share Schemes and New Block Listings
Company Share Option Plan awards ("CSOPs") over 703,522 Ordinary Shares vested
on 7 July 2023 and are capable of being exercised on or before until 6 July
2024. In addition, Save As You Earn awards ("SAYE") over 1,719,632 Ordinary
Shares are due to vest on 5 November 2023 and are capable of being exercised
over the following six-month period. Accordingly, the Company has applied
for a block admission of a total of 2,423,154 Ordinary Shares to be admitted
to trading on AIM. These Ordinary Shares will be issued, as and when required,
pursuant to the exercise of options under the CSOP and SAYE schemes and it is
expected that admission of the Ordinary Shares under the block listing will
become effective on 22 September 2023.
Issue of new Ordinary Shares and total voting rights
Application has been made to the London Stock Exchange for 1,517,921 new
Ordinary Shares to be admitted to trading on AIM ("Admission") in respect of
the RSA and LTIP. It is expected that Admission will take place at 8.00am on
22 September 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 129,972,694 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 share awards 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, Communications Director 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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£nil 10,862
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£nil 10,862
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£nil 10,862
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£nil 21,725
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Paul Jefferson
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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£nil 10,862
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 6,518
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 21,725
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 8,690
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 8,690
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 Andrew Cowan
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 Exercise 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 Exercise of LTIP options under LTIP scheme
c. Price(s) and volume(s)
Price(s) Volume(s)
£Nil 10,862
d. Aggregated information
- Aggregated Volume N/a
- Price Nil
e. Date of the transaction 21 September 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 Exercise of CSOP award over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Exercise of CSOP award
c. Price(s) and volume(s)
Price(s) Volume(s)
£8,000.10 5,926
d. Aggregated information
- Aggregated Volume 5,926
- Price £8,000.10p
e. Date of the transaction 21 September 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 Exercise of CSOP award over ordinary shares of 10p each in the capital of
Gateley (Holdings) Plc
Identification Code
ISIN: GB00BXB07J71
b. Nature of the transaction Exercise of CSOP award
c. Price(s) and volume(s)
Price(s) Volume(s)
£8,000.10 5,926
d. Aggregated information
- Aggregated Volume 5,926
- Price £8,000.01p
e. Date of the transaction 21 September 2023
f. Place of the transaction London Stock Exchange
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