REG - LPA Group PLC - Director / PDMR - amendment to share options <Origin Href="QuoteRef">LPA.L</Origin>

LPAAnnouncement

19/06/2017 16:25

RNS Number : 5150I
LPA Group PLC
19 June 2017
LPA GROUP PLC
("LPA" or the "Group")
Director / PDMR shareholding - amendment to share options
LPA Group plc announces that on 19 June 2017 its board of directors resolved that those share options held by PDMRs which were due to lapse on 30 July 2017 would be amended with effect from that date. 
The amendment will have the effect that the options set out in the table below will not lapse on 30 July 2017, but will instead lapse on 7 February 2022, unless they lapse at an earlier date in accordance with the Rules of the LPA Group plc Employee Share Option Scheme 2007.
No other changes have been made to the terms of these options.
Option Holder
Date of Grant
Number of Shares
Option Price




Peter Pollock
31 July 2007 
540,000
36 pence
Stephen Brett
31 July 2007 
231,500
36 pence




The amendments to the PDMR options constitute related party transactions as defined in AIM Rule 13. The directors (other than Peter Pollock and Stephen Brett who are interested in the transactions) consider, having consulted with Cairn Financial Advisers LLP, the Company's Nominated Adviser, that the terms of the transaction are fair and reasonable insofar as the Company's shareholders are concerned.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
ENQUIRIES:
LPA Group plc

Peter Pollock, Chief Executive
Tel: 07881 626123 or 01799 512844
Steve Brett, Finance Director
Tel: 07881 626127 or 01799 512860


Cairn Financial (Nominated Adviser)
Tel: 020 7213 0880
James Caithie / Tony Rawlinson



WH Ireland (Broker)
Tel: 0113 394 6600
Tim Feather / Ed Allsopp




This information is provided by RNS
The company news service from the London Stock Exchange
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