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REG - Latham(James) PLC - PDMR Dealings & Issue of Options

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RNS Number : 4713Y  Latham(James) PLC  31 July 2024

James Latham plc

("James Latham" or "the Company")

PDMR Dealings & Issue of Options

 

The Company announces that, on 30 July 2024, the Trustees of the Company's
SIPS scheme allocated 1,146 ordinary shares of 25p each in the Company at a
price of 1415p per share to certain PDMRs as detailed below.

 

 

 

 PDMR                               SIPS scheme allocation  Resultant Total Shareholding  Resultant Total Shareholding %
 Nick Latham - Chairman             382                     648,782                       3.22%
 David Dunmow - Finance Director    382                     145,853                       0.72%
 Piers Latham - Executive Director  382                     645,517                       3.20%

 

The Company also announces that on 29 July 2024, it has granted 174,780
options under the James Latham plc Save as you Earn Scheme at a price of 987p
per ordinary share. The options can be exercised between 1 September 2027 and
1 February 2028. The following options have been granted to PDMRs:

 PDMR                                 Options granted
 Nick Latham (Chairman)               1,879
 David Dunmow (Finance Director)      1,879
 Piers Latham (Executive Director)    1,879
 Andrew Wright (Managing Director)    939
 Nick Widlinski (Associate Director)  1,879

 

 

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 / Rob Rees (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 to PDMRs

 

 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 Ordinary Shares under the Company SIPS scheme

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     1.  1415.0 p      1.  382
                                                                                     2.  1415.0 p      2.  382
                                                                                     3.  1415.0 p      3.  382

 d)   Aggregated information

      - Aggregated volume                                          As above

      - Price

 e)   Date of the transaction                                      30 July 2024

 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 Ordinary Shares under the Company SIPS scheme

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

 1.  1415.0 p
 2.  1415.0 p
 3.  1415.0 p

 1.  382
 2.  382
 3.  382

d)

 

Aggregated information

- Aggregated volume

As above

- Price

e)

 

Date of the transaction

 

30 July 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

Issue of Options to PDMRs

 

 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
                                                                   5.  Nick Widlinski

 
 2    Reason for the notification

 a)   Position/status                                              1.  Chairman

                                                            2.  Finance Director
                                                                   3.  Executive Director

                                                            4.  Managing Director
                                                                   5.  Associate 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.  987p          1.  1,879
                                                                                     2.  987p          2.  1,879
                                                                                     3.  987p          3.  1,879
                                                                                     4.  987p          4.  939
                                                                                     5.  987p          5.  1,879

 d)   Aggregated information

      - Aggregated volume                                          As above

      - Price

 e)   Date of the transaction                                      29 July 2024

 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
 5.  Associate 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.  987p
 2.  987p
 3.  987p
 4.  987p
 5.  987p

 1.  1,879
 2.  1,879
 3.  1,879
 4.  939
 5.  1,879

d)

 

Aggregated information

- Aggregated volume

As above

- Price

e)

 

Date of the transaction

 

 

29 July 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

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