REG - Tandem Grp PLC - Grant of share options

TandemAnnouncement

28/03/2023 17:15

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RNS Number : 5248U  Tandem Group PLC  28 March 2023

Tandem Group plc

(the "Company")

 

Grant of Share Options

 

The Company announces that Peter Kimberley, Phil Ratcliffe and David Rock,
Officers of the Company, have been granted 45,000, 2,500 and 10,000 options
("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 240.00 pence per ordinary share, being
the closing midmarket price per ordinary share on 27 March 2023. The Options
are exercisable between 1 January 2026 and 27 March 2033, after which the
Options will lapse. The exercise of the Options is conditional on certain
performance criteria being met.

 

A further 57,500 options have been granted to other employees under the 2019
Employee Share Option Scheme.

 

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

David Rock, Company Secretary

Telephone 0121 748 8075

 

Nominated Adviser

Cenkos Securities plc (Nominated Adviser and Broker)

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Russell Kerr - Sales

Telephone 020 7397 8900

 

 

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  37,500             325.00p                          18 May 2032
                  2019 Employee Share Option Scheme  45,000             240.00p                          27 March 2033
 Phil Ratcliffe   2019 Employee Share Option Scheme  13,000             665.00p                          28 April 2031
                  2019 Employee Share Option Scheme  45,000             190.00p                          24 May 2029
                  2007 Employee Share Option Scheme  54,232             127.50p                          20 April 2026
                  2019 Employee Share Option Scheme  2,500              240.00p                          27 March 2033
 David Rock       2019 Employee Share Option Scheme  10,000             240.00p                          27 March 2033

 

 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 240 pence per
                                                                  ordinary share
 c.  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                                                        240p      45,000

 

 d.  Aggregated information                                       N/A - single transactions

     - Aggregated Volume

     - Price
 e.  Date of the transaction                                      28 March 2023
 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

28 March 2023

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                                                         Philip Ratcliffe
 2   Reason for notification

 a.  Position/Status                                              Commercial Director
 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 240 pence per
                                                                  ordinary share

 c.  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                                                        240p      2,500

 

 d.  Aggregated information                                       N/A - single transactions

     - Aggregated Volume

     - Price
 e.  Date of the transaction                                      28 March 2023
 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

28 March 2023

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 Rock
 2   Reason for notification

 a.  Position/Status                                              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 240 pence per
                                                                  ordinary share

 c.  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                                                        240p      10,000

 

 d.  Aggregated information                                       N/A - single transactions

     - Aggregated Volume

     - Price
 e.  Date of the transaction                                      28 March 2023
 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

28 March 2023

f.

Place of the transaction

Outside of a trading venue

 

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company take responsibility
for this announcement.

 

 

 

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