REG - Scholium Group PLC - Grant of Share Options & PDMR dealing
19/06/2023 16:30
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RNS Number : 2004D Scholium Group PLC 19 June 2023
19 June 2023
Scholium Group plc
("Scholium" or the "Company")
Grant of Share Options & PDMR dealing
Scholium Group Plc, the leading dealer in antiquarian books and modern classic
art, announces that it has granted options on 16 June 2023 under the Company's
Enterprise Management Incentive Share Option Scheme ("EMI Option Scheme") over
a total of 1,000,000 ordinary shares of 1 pence in the Company ("Option
Shares") to certain employees.
700,000 of these Option Shares have been granted to Directors as per the table
below:
Name Title Number of Option Shares
Bernard Shapero CEO 400,000
David Harland Chairman 200,000
Philip Tansey CFO 100,000
The Option Shares have an exercise price of 37.5p per share (being the closing
mid-market share price on 16 June 2023), vest over the three years from the
date of grant (ensuring the employees remain in continuous employment within
the Group) and once vested, are exercisable at any time up to ten years after
the date of grant.
The remaining 300,000 Option Shares have been granted to members of staff.
Graham Noble, Independent Director and head of the Remuneration Committee,
commented:
"As the Company continues onto a more sustainable and profitable path, it is
crucial that we align the interests of all members of the Scholium team with
shareholders. The EMI Options Scheme was established to incentivise management
and staff to increase shareholder value over the long term and the
Remuneration Committee is keen to ensure that remuneration for the Company's
senior team and employees will be effective, fair and motivate them to deliver
success for the Company and its shareholders."
This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.
The person responsible for arranging the release of this announcement on
behalf of the Company is Philip Tansey, Chief Financial Officer of the
Company.
For further information please visit www.scholiumgroup.com or contact:
Scholium Group plc +44 (0)20 7493 0876
David Harland, Chairman
Philip Tansey, Chief Financial Officer
WH Ireland Ltd - Nominated Adviser +44 (020) 7220 1666
Chris Fielding
Enzo Aliaj
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Bernard Shapero
2 Reason for the notification
a) Position/status CEO
b) Initial notification/ Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Scholium Group Plc
b) LEI 213800X174X5ARSGSN91
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 1p each
Identification code
GB00BJYS2173
b) Nature of the transaction Grant of Options under the Company's EMI Options Scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
37.5p 400,000
d) Aggregated information
- Aggregated volume 400,000
- Price £150,000
e) Date of the transaction 16 June 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
400,000
£150,000
e)
Date of the transaction
16 June 2023
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name David Harland
2 Reason for the notification
a) Position/status Chairman
b) Initial notification/ Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Scholium Group Plc
b) LEI 213800X174X5ARSGSN91
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 1p each
Identification code
GB00BJYS2173
b) Nature of the transaction Grant of Options under the Company's EMI Options Scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
37.5p 200,000
d) Aggregated information
- Aggregated volume 200,000
- Price £75,000
e) Date of the transaction 16 June 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
200,000
£75,000
e)
Date of the transaction
16 June 2023
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Philip Tansey
2 Reason for the notification
a) Position/status Chairman
b) Initial notification/ Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Scholium Group Plc
b) LEI 213800X174X5ARSGSN91
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 1p each
Identification code
GB00BJYS2173
b) Nature of the transaction Grant of Options under the Company's EMI Options Scheme
c) Price(s) and volume(s)
Price(s) Volume(s)
37.5p 100,000
d) Aggregated information
- Aggregated volume 100,000
- Price £37,500
e) Date of the transaction 16 June 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
100,000
£37,500
e)
Date of the transaction
16 June 2023
f)
Place of the transaction
Outside a trading venue
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