Marechale Capital - Director/PDMR Shareholding
15/09/2016 13:13
RNS Number : 9684J
Marechale Capital PLC
15 September 2016
15 September 2016
Marechale Capital plc
("Marechale Capital" or the "Company")
Director/PDMR Shareholding
Marechale Capital announces that on 14 September 2016 it granted options over 1,153,623 new ordinary shares in the Company to Jeremy Stephenson, a director of the Company. The options are exercisable at a price of 2.6p per share for a period of five years from the date of vesting and vest as to one-third on each of the first three anniversaries of the date of grant.
Further employee options over 576,812 new ordinary shares were issued on the same day and on the same terms.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Jeremy Stephenson | |
| 2 | Reason for the notification | ||
| a) | Position/status | PDMR (Director) | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Marechale Capital plc | |
| b) | LEI | - | |
| 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 | Options over new ordinary shares of 1p each exercisable at a price of 2.6p per share | |
| Identification code | GB0005401087 | ||
| b) | Nature of the transaction | Grant of options | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| nil | 1,153,623 | ||
| d) | Aggregated information | ||
| Aggregated volume | N/A - single transaction | ||
| Price | N/A - single transaction | ||
| e) | Date of the transaction | 14 September 2016 | |
| f) | Place of the transaction | Outside of a trading venue | |
| Marechale Capital Mark Warde-Norbury / Patrick Booth-Clibborn | Tel: +44 (0)20 7628 5582 |
| Smith & Williamson Corporate Finance Azhic Basirov / David Jones | Tel: +44 (0)20 7131 4000 |