REG - Tandem Grp PLC - Grant of Options & Surrender of Existing Options

TandemAnnouncement

08/04/2025 17:45

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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/                                        Initial Notification

     Amendment
 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  Options over ordinary Shares of 25p each

Identification Code                                         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                                       N/A - single transactions

     - Aggregated Volume

     - Price
 e.  Date of the transaction                                      8 April 2025
 f.  Place of the transaction                                     Outside of a trading venue

 

 

 

 

 

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/                                        Initial Notification

     Amendment
 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  Options over ordinary Shares of 25p each

Identification Code                                         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                                       N/A - single transactions

     - Aggregated Volume

     - Price
 e.  Date of the transaction                                      8 April 2025
 f.  Place of the transaction                                     Outside of a trading venue

 

 

 

 

 

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/                                        Initial Notification

     Amendment
 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  Options over ordinary Shares of 25p each

Identification Code                                         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                                       N/A - single transactions

     - Aggregated Volume

     - Price
 e.  Date of the transaction                                      8 April 2025
 f.  Place of the transaction                                     Outside of a trading venue

 

 

 

 

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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