REG - Ten Lifestyle Group - Director/PDMR Shareholding

Ten LifestyleAnnouncement

25/06/2019 07:05

RNS Number : 2599D
Ten Lifestyle Group PLC
25 June 2019
 


25 June 2019
Ten Lifestyle Group Plc
("Ten" or the "Company")
 
Issue of Options
 
Ten Lifestyle Group Plc (AIM: TENG), announces that the Company has issued 624,831 options over ordinary shares in the Company ("Ordinary Shares") to employees pursuant to the Ten Lifestyle Group Plc Management Incentive Plan dated 9 November 2017 (the "MIP") and Company Share Option Plan dated 24 August 2017 (the "CSOP").
 
Certain of the options have been granted to persons discharging managerial responsibilities ("PDMRs"). Alex Cheatle has been issued nil cost options over 200,000 Ordinary Shares and options over 33,708 Ordinary Shares at 89 pence each. Following the issue of Options, Alex will be interested in options over 633,708 Ordinary Shares in total. Andrew Long has been issued nil cost options over 100,000 Ordinary Shares and options over 33,708 Ordinary Shares at 89 pence each. Following the issue of options, Andrew will be interested in options over 333,708 Ordinary Shares in total. Sarah Hornbuckle has been issued nil cost options over 30,000 Ordinary Shares and options over 33,708 Ordinary Shares at 89 pence each. Following the issue of options, Sarah will be interested in options over 123,708 Ordinary Shares in total. Alan Donald, Chief Finance Officer, has been issued options over 33,708 Ordinary Shares at 89 pence each. Following the issue of options, Alan will be interested in options over 33,708 Ordinary Shares in total. Malcolm Berry, President, Americas, has been issued nil cost options over 32,000 Ordinary Shares. Following the issue of options, Malcolm will be interested in options over 104,000 Ordinary Shares in total.
On 29 November 2018, Francesco De Marchis, Global Chief Technology Officer, was issued nil cost options over 344,828 Ordinary Shares. Following the issue of options, Francesco is interested in options over 491,670 Ordinary Shares in total.
The MIP options will vest following announcement of the Company's financial results for the year ending 31 August 2021, subject to the conditions of the MIP. The CSOP options will become exercisable on the third anniversary of the date of grant.
 
The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to the issue of options.
 
For further information, please visit https://www.tengroup.com/ or contact:
 



Ten Lifestyle Group Plc
Alex Cheatle, Chief Executive Officer
Alan Donald, Chief Financial Officer
Kerry Anderson, Head of PR
 


via Tavistock
 
 
+44 (0)20 7479 3427




Jefferies International Limited, Nominated Advisor
Simon Hardy
Christopher Binks
 


+44 (0) 20 7029 8000




Peel Hunt LLP, Joint Broker
Ed Knight
Peter Stewart
Nick Prowting
 


+44 (0) 20 7418 8900




Tavistock, Financial PR & IR
Jos Simson
Simon Hudson
Jenny Boyd


+44 (0) 20 7920 3150



 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


  Alex Cheatle




2


Reason for the 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


 Ten Lifestyle Group Plc




b)


LEI


 213800YK94ZUOJUMN686




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 0.1p each




 


 




Identification code


ISIN: GB00BF188X60




 


 




b)


Nature of the transaction


Issue of Options




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


Nil cost option


200,000


 




 


 


Exercise price of £0.89


33,708


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


233,708




 


 




- Price


NA




 


 




e)


Date of the transaction


24 June 2019




f)


Place of the transaction


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


  Andrew Long




2


Reason for the notification




a)


Position/status


 Group Chief Operational Officer and Chief Executive Officer (Asia)




b)


Initial notification /Amendment


 Initial Notification




3
 


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




a)


Name


 Ten Lifestyle Group Plc




b)


LEI


 213800YK94ZUOJUMN686




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 0.1p each




 


 




Identification code


ISIN: GB00BF188X60




 


 




b)


Nature of the transaction


Issue of Options




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


Nil cost option


100,000


 




 


 


Exercise price of £0.89


33,708


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


133,708




 


 




- Price


NA




 


 




e)


Date of the transaction


24 June 2019




f)


Place of the transaction


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


  Sarah Hornbuckle




2


Reason for the notification




a)


Position/status


 Client Services Director




b)


Initial notification /Amendment


 Initial Notification




3
 


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




a)


Name


 Ten Lifestyle Group Plc




b)


LEI


 213800YK94ZUOJUMN686




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 0.1p each




 


 




Identification code


ISIN: GB00BF188X60




 


 




b)


Nature of the transaction


Issue of Options




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


Nil cost option


30,000


 




 


 


Exercise price of £0.89


33,708


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


63,708




 


 




- Price


NA




 


 




e)


Date of the transaction


24 June 2019




f)


Place of the transaction


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Alan Donald




2


Reason for the notification




a)


Position/status


Chief Finance Officer




b)


Initial notification /Amendment


Initial Notification




3
 


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




a)


Name


 Ten Lifestyle Group Plc




b)


LEI


 213800YK94ZUOJUMN686




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


Issue of Options




 


 




Identification code


ISIN: GB00BF188X60




 


 




b)


Nature of the transaction


Issue of Options




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


Exercise price of £0.89


33,708


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


 




 


 




- Price


NA




 


 




e)


Date of the transaction


24 June 2019




f)


Place of the transaction


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


 Malcolm Berry




2


Reason for the notification




a)


Position/status


President, Americas (PDMR)




b)


Initial notification /Amendment


Initial Notification




3
 


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




a)


Name


 Ten Lifestyle Group Plc




b)


LEI


 213800YK94ZUOJUMN686




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


Issue of Options




 


 




Identification code


ISIN: GB00BF188X60




 


 




b)


Nature of the transaction


Issue of Options




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


Nil cost option


32,000


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


32,000




 


 




- Price


NA




 


 




e)


Date of the transaction


24 June 2019




f)


Place of the transaction


Outside a trading venue



 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


 Francesco De Marchis




2


Reason for the notification




a)


Position/status


Global Chief Technology Officer (PDMR)




b)


Initial notification /Amendment


Initial Notification




3
 


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




a)


Name


 Ten Lifestyle Group Plc




b)


LEI


 213800YK94ZUOJUMN686




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


Issue of Options




 


 




Identification code


ISIN: GB00BF188X60




 


 




b)


Nature of the transaction


Issue of Options




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


Nil cost option


344,828


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


344,828




 


 




- Price


NA




 


 




e)


Date of the transaction


29 November 2018




f)


Place of the transaction


Outside a trading venue



 
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014
- End -
 
 
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHVZLFLKQFBBBX