REG - James Halstead PLC - PDMR Grant of Share Options

James HalsteadAnnouncement

28/03/2024 12:00

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RNS Number : 7361I  James Halstead PLC  28 March 2024

 

 

 

 

James Halstead plc

("James Halstead" or the "Company")

(AIM:JHD)

 

PDMR Grant of Share Options

James Halstead plc (AIM: JHD) announces that in accordance with the rules of
the James Halstead Share Option Plan, the Remuneration Committee has granted
90,000 options to Persons Discharging Managerial Responsibilities ("PDMRs") as
listed below.

 PDMR                   Position                        Number of Options granted  Exercise Price  Total No. of Options now held  Total No. of Options held as percentage of current issued share capital
 Mark Halstead          Group Chief Executive           30,000                     192.75          397,802                        0.095%
 Gordon R Oliver        Group Finance Director          30,000                     192.75          394,582                        0.095%
 David W Drillingcourt  Corporate Development Director  30,000                     192.75          270,000                        0.065%

The date of the grant is 27(th) March 2024, and the period of exercise is
between the third and tenth anniversary from the date of the grant. The
vesting of the award is dependent upon the achievement of a performance
criteria and is subject to the operation of Malus and Clawback provisions, as
set out in The Rules of the James Halsted PLC Share Option Plan.
 

Following the grant of the Options the total number of ordinary shares in the
Company under option is 3,747,334 representing 0.90% of the current issued
share capital.

The notification set out below, made in accordance with the requirements of
the Market Abuse Regulation, provides further detail.

 

  1    Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         1.   Mark Halstead

                                                                    2.   Gordon Richard Oliver

                                                                    3.   David William Drillingcourt
 2     Reason for the notification
 a)    Position/status                                              Classified as PDMRs of the Company
 b)    Initial notification /Amendment                              Initial Notification

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

     platform, auctioneer, or auction monitor

 a)    Name                                                         James Halstead plc
 b)    LEI                                                          213800C8FFBYV06UL498
 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 5p each

       Identification code

                                                                    GB00B0LS8535
 b)    Nature of the transaction                                    Grant of Share Options
 c)    Price(s) and volume(s)                                       Exercise Prices per share  Volume(s)

                                                            1.   192.75p               1.   30,000

                                                                    2.   192.75p               2.   30,000

                                                                    3.   192.75p               3.   30,000
 d)    Aggregated information

       - Aggregated volume                                          90,000

       - Price                                                      192.75p

 e)    Date of the transaction                                      27(th) March 2024
 f)    Place of the transaction                                     London Stock Exchange - AIM

 

d)

Aggregated information

- Aggregated volume

- Price

 

90,000

192.75p

 

 

e)

Date of the transaction

27(th) March 2024

 

f)

Place of the transaction

London Stock Exchange - AIM

 

 

Name of authorised official of issuer responsible for making notification:

David Fletcher, Company Secretary to James Halstead plc

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