REG - Latham(James) PLC - Grant of Options and PDMR Dealings
RNS Number : 1638JLatham(James) PLC18 December 2020James Latham plc
("James Latham" or "the Company")
Grant of Options and PDMR Dealings
The Company announces that, on 18 December 2020, the Trustees of the Company's CSOP scheme issued 707 shares to Andrew Wright under the 2014 CSOP scheme at a price of 565p per share, and 586 shares to each of Nick Latham, David Dunmow and Piers Latham under the 2015 CSOP scheme at a price of 682.5p per share. The resulting shareholdings are shown in the table below.
PDMR
CSOP
Resultant Shareholding
Resultant Total Voting
Nick Latham
586
639,788
3.21%
David Dunmow
586
137,969
0.69%
Piers Latham
586
636,819
3.20%
Andrew Wright
707
31,842
0.16%
The Company also announces that on 16 December 2020, Trustees of the Company's CSOP scheme have granted 17,226 options at a price of 925p per share. The options can be exercised between 17 December 2025 and 16 December 2030. Included in this are the following options allocated to PDMRs:
PDMR
Options granted
Nick Latham
486
David Dunmow
486
Piers Latham
486
Andrew Wright
486
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
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
Issue of shares under Company CSOP scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
682.5p
2.
682.5p
3.
682.5p
4.
565.0p
1.
586
2.
586
3.
586
4.
707
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
18 December 2020
f)
Place of the transaction
Outside of 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 CSOP scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
925.0 p
2.
925.0 p
3.
925.0 p
4.
925.0 p
1.
486
2.
486
3.
486
4.
486
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
16 January 2020
f)
Place of the transaction
Outside a trading venue
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