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

James LathamAnnouncement

09/01/2020 16:40

RNS Number : 3568Z
Latham(James) PLC
09 January 2020
 


James Latham plc
("James Latham" or "the Company")
Grant of Options and PDMR Dealings
 
The Company announces that, on 9 January 2020, the Trustees of the Company's CSOP scheme issued 2,121 shares to certain PDMRs of the Company under the 2014 CSOP scheme at a price of 565p per share. The resulting shareholdings are shown in the table below.
 



PDMR


CSOP                                     


Resultant Shareholding                      


Resultant Total Voting




Nick Latham                         


707    


638,062                                                


3.21%




David Dunmow                    


707    


136,288                                                


0.69%




Piers Latham                        


707    


635,237                                                


3.19%



 
 
The Company also announces that on 2 January 2020, it issued 193,215 options under the James Latham plc Save as You Earn Scheme at a price of 727p per share. The options can be exercised between 1 March 2023 and 1 September 2023. Included in this are the following options allocated to PDMRs:
 



PDMR


Options granted                                           




Nick Latham                         


2,475




David Dunmow                    


2,475




Piers Latham                        


2,475




Andrew Wright                   


1,237



 
 
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
 
 





1.


Nick Latham




2.


David Dunmow




3.


Piers Latham



 




2
 


Reason for the notification
 




a)
 


Position/status
 
 





1.


Chairman




2.


Finance Director




3.


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
 
 


Issue of shares under Company CSOP scheme




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)



















1.


565.0 p




2.


565.0 p




3.


565.0 p









1.


707




2.


707




3.


707


































d)
 


Aggregated information


















- Aggregated volume


As above














- Price


















e)
 


Date of the transaction
 
 


09 January 2020




f)
 


Place of the transaction
 
 


Outside a trading venue



 
Issue of options:



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 





1.


Nick Latham




2.


David Dunmow




3.


Piers Latham




4.


Andrew Wright



 




2
 


Reason for the notification
 




a)
 


Position/status
 
 





1.


Chairman




2.


Finance Director




3.


Executive Director




4.


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 under Company Save as You Earn Scheme




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)



















1.


727.0 p




2.


727.0 p




3.


727.0 p




4.


727.0 p









1.


2,475




2.


2,475




3.


2,475




4.


1,237


































d)
 


Aggregated information


















- Aggregated volume


As above














- Price


















e)
 


Date of the transaction
 
 


02 January 2020




f)
 


Place of the transaction
 
 


Outside a trading venue



 
 
 




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