REG - Clarke(T.) PLC - Grant of SAYE Options

TclarkeAnnouncement

24/10/2018 14:30

RNS Number : 0730F
Clarke(T.) PLC
24 October 2018
 


TClarke plc

("the Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The Company announces that on 24th October 2018, the following Executive Directors and PDMR's of the Company were granted options over ordinary shares of 10p each in Company ("Shares") under the TClarke Sharesave Scheme ("the Scheme") as follows:



Executive Director:


Number of shares options:


Exercise price of options




Mark Lawrence


4,807


74.88p per share




Mike Crowder


4,807


74.88p per share




Trevor Mitchell


4,807


74.88p per share




PDMR:












Andy Griffiths


4,807


74.88p per share




Gary Jackson


4,807


74.88p per share




David Lanchester


4,807


74.88p per share



No consideration was paid for the grant of the options.  The Scheme was formally launched for 2018 on 24th September 2018 and was made available to all eligible employees.  The options have an exercise price of 74.88p per share, which represents a discount of 10% to the market price at close on 23rd September 2018, being the day preceding the Scheme launch.  Options may normally be exercised during the six months following the Maturity Date at the end of the three year savings period.  The Maturity Date is 1st December 2021.  A total of 1,479,847 shares are under option for the Scheme.



Formal notifications in respect of the grant of options to the Executive Directors and PDMR's are below;
 



1


Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Mark Lawrence




2


Reason for the notification




a)


Position/status


Group Chief Executive Officer and Executive Director (PDMR).




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


TClarke plc




b)


LEI


213800OIP8MU517BK123




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 10 pence each
 
 
GB0002015021
 
 




b)


Nature of the transaction


Grant of a share option under the TClarke plc Sharesave Scheme




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£0.7488


4,807








 
d)


 
Aggregated information
 
- Aggregated volume
 
- Price


 
N/A (single transaction)




e)


Date of the transaction


2018-10-24
 




f)


Place of the transaction


Outside a trading venue



 



1


Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Mike Crowder




2


Reason for the notification




a)


Position/status


Group Managing Director and Executive Director (PDMR).




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


TClarke plc




b)


LEI


213800OIP8MU517BK123




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 10 pence each
 
 
GB0002015021
 
 




b)


Nature of the transaction


Grant of a share option under the TClarke plc Sharesave Scheme




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£0.7488


4,807








 
d)


 
Aggregated information
 
- Aggregated volume
 
- Price


 
N/A (single transaction)




e)


Date of the transaction


2018-10-24
 




f)


Place of the transaction


Outside a trading venue



 
 



1


Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Trevor Mitchell




2


Reason for the notification




a)


Position/status


Group Finance Director and Executive Director (PDMR).




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


TClarke plc




b)


LEI


213800OIP8MU517BK123




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 10 pence each
 
 
GB0002015021
 
 




b)


Nature of the transaction


Grant of a share option under the TClarke plc Sharesave Scheme




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£0.7488


4,807








 
d)


 
Aggregated information
 
- Aggregated volume
 
- Price


 
N/A (single transaction)




e)


Date of the transaction


2018-10-24
 




f)


Place of the transaction


Outside a trading venue



 
 



1


Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Andy Griffiths




2


Reason for the notification




a)


Position/status


Group Systems Director and member of the Group Management Board (PDMR).




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


TClarke plc




b)


LEI


213800OIP8MU517BK123




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 10 pence each
 
 
GB0002015021
 
 




b)


Nature of the transaction


Grant of a share option under the TClarke plc Sharesave Scheme




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£0.7488


4,807








 
d)


 
Aggregated information
 
- Aggregated volume
 
- Price


 
N/A (single transaction)




e)


Date of the transaction


2018-10-24
 




f)


Place of the transaction


Outside a trading venue



 



1


Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Gary Jackson




2


Reason for the notification




a)


Position/status


Managing Director, Scotland and member of the Group Management Board (PDMR).




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


TClarke plc




b)


LEI


213800OIP8MU517BK123




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 10 pence each
 
 
GB0002015021
 
 




b)


Nature of the transaction


Grant of a share option under the TClarke plc Sharesave Scheme




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£0.7488


4,807








 
d)


 
Aggregated information
 
- Aggregated volume
 
- Price


 
N/A (single transaction)




e)


Date of the transaction


2018-10-24
 




f)


Place of the transaction


Outside a trading venue



 



1


Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


David Lanchester




2


Reason for the notification




a)


Position/status


Company Secretary and member of the Group Management Board (PDMR).




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


TClarke plc




b)


LEI


213800OIP8MU517BK123




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 10 pence each
 
 
GB0002015021
 
 




b)


Nature of the transaction


Grant of a share option under the TClarke plc Sharesave Scheme




c)


Price(s) and volume(s)


 



Price(s)


Volume(s)




£0.7488


4,807








 
d)


 
Aggregated information
 
- Aggregated volume
 
- Price


 
N/A (single transaction)




e)


Date of the transaction


2018-10-24
 




f)


Place of the transaction


Outside a trading venue



 
For further information contact:
TClarke plc
Mark Lawrence - Group Chief Executive
Trevor Mitchell - Finance Director
David Lanchester - Company Secretary
Tel: 020 7997 7400
www.tclarke.co.uk
 
N+1 Singer (Financial Adviser and Broker)
Sandy Fraser
Rachel Hayes
Tel: 020 7496 3000
www.nplus1singer.com
 
RMS Partners
Simon Courtenay
Tel: 020 3735 6551
 
 







24 October 2018




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