REG - Latham(James) PLC - Grant of Options and PDMR Dealings

James LathamAnnouncement

23/12/2019 12:30

RNS Number : 8568X
Latham(James) PLC
23 December 2019
 


James Latham plc
("James Latham" or "the Company")
Grant of Options and PDMR Dealings
 
The Company announces that, on 23 December 2019, the Trustees of the Company's CSOP scheme granted 13,408 share options at 965p to be exercised between 23rd December 2024 and 22nd December 2029. This includes options granted to the following PDMR's:
 



PDMR


Number of options granted




David Dunmow


466




Nick Latham


466




Andrew Wright


466




Piers Latham


466



 
 
In addition, James Latham announces that on 23rd December 2019, Andrew Wright exercised his option over 1,262 shares from the Company's 2013 CSOP scheme at 396p per share, and also exercised his option over 1,592 shares from the Company's Save as You Earn Scheme at 565p per share. Mr Wright's shareholding now totals 29,908 shares which represents approximately 0.15% of the Company's issued share capital.
 
For further information please visit www.lathams.co.uk or contact:
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
 



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




Abigail Wayne (Corporate Broking)







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



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 





David Dunmow




Nick Latham




Andrew Wright




Piers Latham



 




2
 


Reason for the notification
 




a)
 


Position/status
 
 





Finance Director




Chairman




Managing Director




Executive 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 under CSOP scheme




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)



















965.0 p




965.0 p




965.0 p




965.0 p









466




466




466



466






























d)
 


Aggregated information


















- Aggregated volume


As above














- Price


















e)
 


Date of the transaction
 
 


23 December 2019




f)
 


Place of the transaction
 
 


Outside a trading venue



 
Exercise of options:



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Andrew Wright 
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


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




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)



















396.0p




565.0p









1,262




1,592


































d)
 


Aggregated information


















- Aggregated volume


As above














- Price


















e)
 


Date of the transaction
 
 


23 December 2019




f)
 


Place of the transaction
 
 


Outside a trading venue



 
 
 




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