Grant of Options & Surrender of Existing Options

Tandem

08/04/2025 17:45

RNS Number : 2021E

Tandem Group PLC

08 April 2025

 

 

8 April 2025

 

Tandem Group plc

(the "Company")

 

Grant of Share Options, Surrender of Existing Options & PDMR Dealings

 

Tandem Group plc (AIM: TND), designers, developers, distributors and retailers of sports, leisure and mobility equipment, announces that Peter Kimberley, Chief Executive Officer, David Poulter, Chief Commercial Officer, and Gurvinder Kaur, Chief Financial Officer and Company Secretary of the Company, have today been granted 38,000, 20,000 and 20,000 options respectively over ordinary shares of 25 pence each in the share capital of the Company ("Ordinary Shares") under the 2019 Employee Share Option Scheme.

 

The Options have an exercise price of 161.50 pence per ordinary share, being the closing middle market price per ordinary share on 7 April 2025. The Options are exercisable between 1 January 2028 and 7 April 2035, after which the Options will lapse.

 

A further 91,000 options have been granted to other employees under the 2019 Employee Share Option Scheme.

 

The Company further announces that on 7 April 2025, Peter Kimberley, Chief Executive Officer of the Company, has surrendered 37,500 share options with an exercise price of 325.0 pence.

 

The notification set out below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such dealings.

 

Enquiries:

Tandem Group plc

Peter Kimberley, Chief Executive Officer

Gurvinder Kaur, Chief Financial Officer

Telephone 0121 748 8075

 

Nominated Adviser

Cavendish Capital Markets Limited (Nominated Adviser and Broker)

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Charlie Combe - Sales and Equity Capital Markets

Telephone 0207 220 0500

 

Following the above transactions, the Officers have options over Ordinary Shares as follows:

 

Director
Option Scheme
Number of options
Option exercise price per share
Expiry date
Peter Kimberley
2019 Employee Share Option Scheme
45,000
240.00p
27 March 2033
2019 Employee Share Option Scheme
9,500
202.00p
26 March 2034
2019 Employee Share Option Scheme
38,000
161.50p
7 April 2035
David Poulter
2019 Employee Share Option Scheme
20,000
161.50p
7 April 2035
Gurvinder Kaur
2019 Employee Share Option Scheme
10,000
665.00p
28 April 2031
2019 Employee Share Option Scheme
10,000
240.00p
27 March 2033
2019 Employee Share Option Scheme
12,000
202.00p
26 March 2034
2019 Employee Share Option Scheme
20,000
161.50p
7 April 2035

 

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
Peter Kimberley
2
Reason for notification
a.
Position/Status
Chief Executive Officer
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Tandem Group plc
b.
LEI
213800WKK3A6NMOB6788
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 25p each
ISIN:GB00B460T373
b.
Nature of the transaction
Award of options to subscribe for new ordinary shares at 167.5 pence per ordinary share
c.
Price(s) and volume(s)
Price(s)
Volume(s)
161.50p
38,000
d.
Aggregated information
- Aggregated Volume
- Price
N/A - single transactions
e.
Date of the transaction
8 April 2025
f.
Place of the transaction
Outside of a trading venue

 

 

 

 

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
David Poulter
2
Reason for notification
a.
Position/Status
Chief Commercial Officer
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Tandem Group plc
b.
LEI
213800WKK3A6NMOB6788
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 25p each
ISIN:GB00B460T373
b.
Nature of the transaction
Award of options to subscribe for new ordinary shares at 167.5 pence per ordinary share
c.
Price(s) and volume(s)
Price(s)
Volume(s)
161.50p
20,000
d.
Aggregated information
- Aggregated Volume
- Price
N/A - single transactions
e.
Date of the transaction
8 April 2025
f.
Place of the transaction
Outside of a trading venue

 

 

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
Gurvinder Kaur
2
Reason for notification
a.
Position/Status
Chief Financial Officer/Company Secretary
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Tandem Group plc
b.
LEI
213800WKK3A6NMOB6788
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 25p each
ISIN:GB00B460T373
b.
Nature of the transaction
Award of options to subscribe for new ordinary shares at 167.5 pence per ordinary share
c.
Price(s) and volume(s)
Price(s)
Volume(s)
161.50p
20,000
d.
Aggregated information
- Aggregated Volume
- Price
N/A - single transactions
e.
Date of the transaction
8 April 2025
f.
Place of the transaction
Outside of a trading venue

 

 

 

 

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