REG - Newmark Security PLC - Board changes and issue of share options

Newmark SecurityAnnouncement

31/10/2019 07:05

RNS Number : 6926R
Newmark Security PLC
31 October 2019
 


31 October 2019
 
Newmark Security plc
 
("Newmark" or the "Company")
 
Board changes and issue of share options
 
Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, announces that, further to the notification on 9 September 2019, Graham Feltham has been appointed to the Board of Newmark as Group Finance Director with immediate effect. Brian Beecraft retires and steps down from the Board of Newmark, also with immediate effect.
 
Grant of options
 
Options over 5,900,000 ordinary shares of 1p each in the Company ("Ordinary Shares") have been granted to Graham Feltham under the Newmark Security plc 2019 EMI Share Option Plan. The options are exercisable at 1.7p per option. They vest on the third anniversary of the date of the grant, subject to meeting certain performance related vesting criteria.  They lapse on the tenth anniversary of the date of grant.
 
The following information is disclosed pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies.
 
Graham Mark Thomas Feltham, aged 46, does not currently hold and has not held in the past five years any directorships.
 
Marie-Claire Dwek, CEO of Newmark, commented: "We are pleased to welcome Graham to the Board of the Company, following his handover period with Brian Beecraft.  We wish Brian well in his retirement and thank him for his contribution during his time with the Company."
 
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


Graham Feltham




2


Reason for the notification




a)


Position/status


Group Finance Director




b)
 


Initial notification /Amendment


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Newmark Security plc




b)


LEI


213800CL2XGDB1YCLM67




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
 
Identification code


Options over ordinary shares of 1p each in Newmark Security plc
 
 
Identification code (ISIN) for Newmark Security plc ordinary shares: GB0006596406




b)


Nature of the transaction


Grant of options




c)


Price(s) and volume(s)





 Price(s)


Volume(s)




1.7p exercise price


5,900,000



 




d)


Aggregated information
- Aggregated volume
- Price





 Price(s)


Volume(s)




n/a


n/a








e)


Date of the transaction


30 October 2019




f)


Place of the transaction


Outside a trading venue - grant of options



 
For further information:
 



Newmark Security plc








Marie-Claire Dwek, Chief Executive Officer
Graham Feltham, Group Finance Director
 


Tel: +44 (0) 20 7355 0070
www.newmarksecurity.com




Allenby Capital Limited
(Nominated Adviser and Broker)


Tel: +44 (0) 20 3328 5656




James Reeve / Liz Kirchner







 




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