REG - Latham(James) PLC - Grant & Exercise of Options

James LathamAnnouncement

02/04/2024 16:45

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RNS Number : 0347J  Latham(James) PLC  02 April 2024

James Latham plc

("James Latham" or "the Company")

Grant & Exercise of Options

 

The Board of James Latham announces that, on 2 April 2024, it granted options
over 3,104 ordinary shares of 25p each in the Company to Andrew Wright
(Managing Director) under the Company's Deferred Bonus Scheme 2012, to be
exercised for nil consideration in three years' time. No performance
conditions are attached to this award.

In addition, the Trustees of the Company's Deferred Bonus Scheme 2012 has
issued 3,474 ordinary shares of 25p each in the Company to Andrew Wright
following the exercise of the options under the Company's Deferred Bonus
Scheme 2012 issued on 1 April 2021. Mr Wright's resultant shareholding is
36,538 shares or 0.18% of the issued share capital of the Company.

 

 

For further information please visit www.lathamtimber.co.uk
(http://www.lathamtimber.co.uk/) , or contact:

 James Latham plc                                        Tel: 01442 849 100
 Nick Latham, Chairman
 David Dunmow, Finance Director

 SP Angel Corporate Finance LLP
 Matthew Johnson / Charlie Bouverat (Corporate Finance)  Tel: 0203 470 0470
 Rob Rees (Corporate Broking)

 

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

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         1.  Andrew Wright

 
 2    Reason for the notification

 a)   Position/status                                              1.  Managing Director

 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         James Latham plc

 b)   LEI                                                          2138008M4LVEDHBPBU41

 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 25p each

      Identification code                                          GB00B04NP100

 b)   Nature of the transaction                                    Grant of options over Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     1.  Nil           1.  3,104

 d)   Aggregated information

      - Aggregated volume                                          As above

      - Price

 e)   Date of the transaction                                      02 April 2024

 f)   Place of the transaction                                     Outside a trading venue

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

 1.  Managing Director

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

 

a)

 

Name

 

James Latham plc

b)

 

LEI

 

2138008M4LVEDHBPBU41

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 25p each

 

 

Identification code

GB00B04NP100

b)

 

Nature of the transaction

 

Grant of options over Ordinary Shares

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

 1.  Nil

 1.  3,104

d)

 

Aggregated information

- Aggregated volume

As above

- Price

e)

 

Date of the transaction

 

02 April 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         1.  Andrew Wright

 
 2    Reason for the notification

 a)   Position/status                                              1.  Managing Director

 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         James Latham plc

 b)   LEI                                                          2138008M4LVEDHBPBU41

 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 25p each

      Identification code                                          GB00B04NP100

 b)   Nature of the transaction                                    Exercise of options over Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     1.  Nil           1.  3,474

 d)   Aggregated information

      - Aggregated volume                                          As above

      - Price

 e)   Date of the transaction                                      02 April 2024

 f)   Place of the transaction                                     Outside a trading venue

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

 1.  Managing Director

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

 

a)

 

Name

 

James Latham plc

b)

 

LEI

 

2138008M4LVEDHBPBU41

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 25p each

 

 

Identification code

GB00B04NP100

b)

 

Nature of the transaction

 

Exercise of options over Ordinary Shares

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

 1.  Nil

 1.  3,474

d)

 

Aggregated information

- Aggregated volume

As above

- Price

e)

 

Date of the transaction

 

02 April 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

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