REG - Tandem Grp PLC - Exercise of Options and Directors’ Shareholdings

TandemAnnouncement

25/03/2021 07:05

RNS Number : 4147T
  
Tandem Group PLC
  
25 March 2021
  
 

Tandem Group plc
("the Company")
Exercise of options and Directors' shareholdings
 
The Company has been informed today that the following Directors have exercised share options in the ordinary shares of 25p each ("Ordinary Share") of the Company on 25 March 2021 as follows:                                                                      



 
Director


 
Option Scheme


Number of options exercised


Option exercise price per share


 
Expiry date




Philip Ratcliffe


2007 EMI Share Option Scheme


14,000


107.00p


14 June 2021




Philip Ratcliffe


2007 EMI Share Option Scheme


17,103


79.00p


29 October 2023




Jim Shears


2007 EMI Share Option Scheme


22,500


107.00p


14 June 2021



The exercise of options will be satisfied by Ordinary Shares held by the Company in treasury. 
A further 20,600 options have been exercised by employees under the 2007 Employee Share Option Scheme.
Following the exercise of these options and share purchases, the Company has 5,128,294 Ordinary Shares in issue and 885,186 Ordinary Shares in treasury and the Directors are beneficially interested in Ordinary Shares as follows:                                                                                                                                                        



Director


Number of shares


Percentage of voting rights




Jim Shears


192,500


3.8%




Phil Ratcliffe


122,835


2.4%



 




 
 



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


Philip Ratcliffe




2


Reason for notification


 
 
 




a.


Position/Status


Commercial Director




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


N/A




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


Ordinary Shares of 25p each


ISIN: GB00B460T373








b.


Nature of the transaction


Purchase of shares




c.


Price(s) and volume(s)






 
 



Price(s)


Volume(s)




107.00p


14,000




79.00p


17,103



 
 
 










 
 




d.


Aggregated information
 
- Aggregated Volume
 
- Price


 
 
 
31,103
 
£28,491




e.


Date of the transaction


25 March 2021




f.


Place of the transaction


(London) AIM
 



 



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


Jim Shears




2


Reason for 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


Tandem Group plc




b.


LEI


N/A




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


Ordinary Shares of 25p each


ISIN: GB00B460T373








b.


Nature of the transaction


Purchase of shares




c.


Price(s) and volume(s)






 
 



Price(s)


Volume(s)




107.00p


22,500



 
 
 










 
 




d.


Aggregated information
 
- Aggregated Volume
 
- Price


 
 
 
22,500
 
£24,075




e.


Date of the transaction


25 March 2021




f.


Place of the transaction


(London) AIM
 



 
 
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
Enquiries:
 
Tandem Group plc
Jim Shears, Chief Executive Officer
David Rock, Company Secretary
Telephone 0121 748 8075
 
Nominated Adviser
Cairn Financial Advisers LLP
James Caithie
Sandy Jamieson
Telephone 020 7213 0880
 
25 March 2021
 

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