REG - Origin Enterprises - Long Term Incentive Plan / PDMR Notification
31/01/2025 17:30
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250131:nRSe5408Va&default-theme=true
RNS Number : 5408V Origin Enterprises Plc 31 January 2025
Long Term Incentive Plan
Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them
Dublin, London, 31 January 2025: Origin Enterprises plc ('Origin' or the
'Company') announces that on 30 January 2025 and 31 January 2025 certain
conditional share awards granted to Sean Coyle under the Long Term Incentive
Plan 2015 ('LTIP'), over the ordinary shares of €0.01 each ('shares') in the
capital of the Company on 8 July 2020 and 24 September 2020, were settled to
the extent they vested.
The table below shows the number of related shares acquired by Sean Coyle
under the LTIP awards, the number of shares sold to satisfy the relevant
taxation liabilities and the number of shares retained following the sales.
Executive Director Shares Vested Shares sold to satisfy taxation liabilities Shares retained
Sean Coyle 387,294 202,791 184,503
The company makes this announcement, including the notifications below, under
Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of
the Council of 16 April 2014 on market abuse (Market Abuse Regulation).
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Sean Coyle
Reason for the notification
a) Position/status Chief Executive Officer / PDMR
b) Initial Notification Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Origin Enterprises plc
b) LEI 213800AIB4U7N5BLS350
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, Origin Enterprises plc Ordinary Shares of €0.01 each
type of
instrument IE00B1WV4493
Identification code
b) Nature of the transaction Acquisition of ordinary shares arising in connection with the settlement of
Long Term Incentive Plan awards granted on 24 September 2020
c) Price(s) and volume(s)
Price(s) Volume(s)
€0.01 165,048
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 30 January 2025
f) Place of the transaction Dublin, Ireland
g) Additional Information Following the transaction disclosed here, Sean Coyle beneficially owns 425,048
ordinary shares of €0.01 each in Origin Enterprises plc, representing
approximately 0.40% of the company's issued share capital excluding treasury
shares.
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
30 January 2025
f)
Place of the transaction
Dublin, Ireland
g)
Additional Information
Following the transaction disclosed here, Sean Coyle beneficially owns 425,048
ordinary shares of €0.01 each in Origin Enterprises plc, representing
approximately 0.40% of the company's issued share capital excluding treasury
shares.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Sean Coyle
Reason for the notification
a) Position/status Chief Executive Officer / PDMR
b) Initial Notification Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Origin Enterprises plc
b) LEI 213800AIB4U7N5BLS350
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, Origin Enterprises plc Ordinary Shares of €0.01 each
type of
instrument IE00B1WV4493
Identification code
b) Nature of the transaction Disposal of shares to satisfy taxation liabilities in respect of the
settlement of Long Term Incentive Plan awards granted on 24 September 2020.
c) Price(s) and volume(s)
Price(s) Volume(s)
€2.71 86,421
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 30 January 2025
f) Place of the transaction Dublin, Ireland
g) Additional Information Following the transaction disclosed here, Sean Coyle beneficially owns 338,627
ordinary shares of €0.01 each in Origin Enterprises plc, representing
approximately 0.32% of the company's issued share capital excluding treasury
shares.
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
30 January 2025
f)
Place of the transaction
Dublin, Ireland
g)
Additional Information
Following the transaction disclosed here, Sean Coyle beneficially owns 338,627
ordinary shares of €0.01 each in Origin Enterprises plc, representing
approximately 0.32% of the company's issued share capital excluding treasury
shares.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Sean Coyle
Reason for the notification
a) Position/status Chief Executive Officer / PDMR
b) Initial Notification Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Origin Enterprises plc
b) LEI 213800AIB4U7N5BLS350
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, Origin Enterprises plc Ordinary Shares of €0.01 each
type of
instrument IE00B1WV4493
Identification code
b) Nature of the transaction Acquisition of ordinary shares arising in connection with the settlement of
Long Term Incentive Plan awards granted on 8 July 2020
c) Price(s) and volume(s)
Price(s) Volume(s)
€0.01 222,246
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 31 January 2025
f) Place of the transaction Dublin, Ireland
g) Additional Information Following the transaction disclosed here, Sean Coyle beneficially owns 560,873
ordinary shares of €0.01 each in Origin Enterprises plc, representing
approximately 0.53% of the company's issued share capital excluding treasury
shares.
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
31 January 2025
f)
Place of the transaction
Dublin, Ireland
g)
Additional Information
Following the transaction disclosed here, Sean Coyle beneficially owns 560,873
ordinary shares of €0.01 each in Origin Enterprises plc, representing
approximately 0.53% of the company's issued share capital excluding treasury
shares.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Sean Coyle
Reason for the notification
a) Position/status Chief Executive Officer / PDMR
b) Initial Notification Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Origin Enterprises plc
b) LEI 213800AIB4U7N5BLS350
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, Origin Enterprises plc Ordinary Shares of €0.01 each
type of
instrument IE00B1WV4493
Identification code
b) Nature of the transaction Disposal of shares to satisfy taxation liabilities in respect of the
settlement of Long Term Incentive Plan awards granted on 8 July 2020.
c) Price(s) and volume(s)
Price(s) Volume(s)
€2.71 116,370
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 31 January 2025
f) Place of the transaction Dublin, Ireland
g) Additional Information Following the transaction disclosed here, Sean Coyle beneficially owns 444,503
ordinary shares of €0.01 each in Origin Enterprises plc, representing
approximately 0.42% of the company's issued share capital excluding treasury
shares.
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
31 January 2025
f)
Place of the transaction
Dublin, Ireland
g)
Additional Information
Following the transaction disclosed here, Sean Coyle beneficially owns 444,503
ordinary shares of €0.01 each in Origin Enterprises plc, representing
approximately 0.42% of the company's issued share capital excluding treasury
shares.
ENDS
Enquiries:
Origin Enterprises plc
Emer Moran
Company Secretary Tel: +353 (0)1 563 4900
Brendan Corcoran
Head of Investors Relations and Group Planning Tel: +353 (0)1 563 4900
About Origin Enterprises plc
Origin Enterprises plc champions sustainable land use through technically-led
solutions, empowering our customers to enrich their land so it can achieve its
true potential. The Group has leading market positions in Ireland, the United
Kingdom, Brazil, Poland and Romania, and is listed on the Euronext Growth
Dublin market and the AIM market of the London Stock Exchange.
Euronext Growth (Dublin) ticker symbol: OIZ
AIM ticker symbol OGN
Website: www.originenterprises.com (http://www.originenterprises.com)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHPKDBBOBKDDDNRecent news on Origin Enterprises
See all newsREG - Origin Enterprises - Block Listing Six Monthly Return
AnnouncementREG - Origin Enterprises - Director/PDMR Shareholding
AnnouncementREG - Origin Enterprises - Director/PDMR Shareholding
AnnouncementREG - Origin Enterprises - Director/PDMR Shareholding
AnnouncementREG - Origin Enterprises - Holding(s) in Company
Announcement