REG - Titon Holdings PLC - Director/PDMR Shareholding

Titon HoldingsAnnouncement

23/07/2021 11:15

RNS Number : 3014G
  
Titon Holdings PLC
  
23 July 2021
  
 

23 July 2021 
Titon Holdings Plc 
Grant of options and Director/PDMR Shareholding 
 
Titon Holdings Plc (the "Company") announces that it has granted options to employees and Directors over a total of 260,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares"). The options, which have been granted under the EMI Share Option Plan 2021 approved by shareholders at the Group's most recent AGM, are subject to a performance condition as described in the Company's 2020 annual report and accounts, are expected to vest three years after the date of grant, will be exercisable for a period of seven years from vesting and each have an exercise price of 138.5 pence. 
As part of this grant of options, Matthew Norris, CEO and a Board Director of the Company, and Carolyn Isom, Company Secretary, were granted 150,000 options and 50,000 options respectively.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.  
Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them.
 



1  
 


Details of the person discharging managerial responsibilities / person closely associated  
 




a) 


Name 






Matthew Norris








 


 


 




2  
 


Reason for the 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 


Titon Holdings plc




b) 
 


LEI 


213800ZHXS8G27RM1D97




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 


Options over ordinary shares of 10 pence each in Titon Holdings Plc
 
Ordinary Share ISIN: GB0008941402




b) 
 


Nature of the transaction 
 
 


Grant of options over ordinary shares




c) 
 


Price(s) and volume(s) 
 
 


 



Price(s)
 


Volume(s)




Nil
 


150,000 options
 



 
 




d) 
 


Aggregated information 
 
 
- Aggregated volume 
 
 
- Price 
 


 
150,000 options
 
Nil cost of grant




e) 
 


Date of the transaction 


15 July 2021




f)  


Place of the transaction


Outside of a trading venue



 
 
 



1  
 


Details of the person discharging managerial responsibilities / person closely associated  
 




a) 


Name 






Carolyn Isom








 


 


 




2  
 


Reason for the notification  


 


 




a) 


Position/status 


 


Company Secretary








 


 


 




b) 
 


Initial notification /Amendment 
 


Initial Notification




3  
 


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




a) 
 


Name 
 


Titon Holdings plc




b) 
 


LEI


213800ZHXS8G27RM1D97




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 


Options over ordinary shares of 10 pence each in Titon Holdings Plc
 
Ordinary Share ISIN: GB0008941402
 




b) 
 


Nature of the transaction 
 


Grant of options over ordinary shares




c) 
 


Price(s) and volume(s) 
 
 


 



Price(s)
 


Volume(s)




Nil
 


50,000 options
 



 
 




d) 
 


Aggregated information 
 
 
- Aggregated volume 
 
 
- Price 
 


 
50,000 options
 
Nil cost of grant




e) 
 


Date of the transaction 


15 July 2021




f)  


Place of the transaction 


Outside of a trading venue



 
 
For further information please contact:  
 



Titon Holdings plc 
Keith Ritchie
 


 
Tel: +44 (0)7748 146834
 
 




Shore Capital - Nominated Adviser and Broker
Edward Mansfield  
Daniel Bush 
 


Tel: +44 (0)20 7408 4090



 
 

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