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RNS Number : 4863K Latham(James) PLC 21 December 2022
James Latham plc
("James Latham" or "the Company")
PDMR Dealings and Grant of Options
The Company announces that, on 17 December 2022, the Trustees of the Company's
CSOP scheme issued 560 ordinary shares of 25 pence each in the Company
("Ordinary Shares") to each of Nick Latham and Piers Latham and 195 Ordinary
Shares to David Dunmow under the 2017 CSOP scheme at a price of 802.5p per
share. The resulting shareholdings are shown in the table below.
PDMR CSOP Resultant Shareholding Resultant Total Voting
Nick Latham (Chairman) 560 643,405 3.22%
David Dunmow (Finance Director) 195 141,016 0.71%
Piers Latham (Executive 560 640,303 3.21%
Director)
In addition, on 20 December 2022, the Trustees of the Company's CSOP scheme
granted options over 360 new Ordinary Shares to each of Nick Latham, David
Dunmow, Piers Latham and Andrew Wright at an exercise price of 1250p per new
Ordinary Share to be exercised between 20 December 2027 and 19 December 2032.
PDMR Options
granted
Nick Latham (Chairman) 360
David Dunmow (Finance Director) 360
Piers Latham (Executive 360
Director)
Andrew Wright (Managing Director) 360
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
Abigail Wayne (Corporate Broking)
The information below, set out in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail.
Issue of Ordinary Shares:
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. 802.5 p 1. 560
2. 802.5 p 2. 195
3. 802.5 p 3. 560
d) Aggregated information
- Aggregated volume As above
- Price
e) Date of the transaction 17 December 2022
f) Place of the transaction Outside a trading venue
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. 802.5 p
2. 802.5 p
3. 802.5 p
1. 560
2. 195
3. 560
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
17 December 2022
f)
Place of the transaction
Outside a trading venue
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 Grant of options under Company CSOP scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
1. 1250p 1. 360
2. 1250p 2. 360
3. 1250p 3. 360
4. 1250p 4. 360
d) Aggregated information
- Aggregated volume As above
- Price
e) Date of the transaction 20 December 2022
f) Place of the transaction Outside a trading venue
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. 1250p
2. 1250p
3. 1250p
4. 1250p
1. 360
2. 360
3. 360
4. 360
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
20 December 2022
f)
Place of the transaction
Outside a trading venue
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