REG - Tyman PLC - Director/PDMR Shareholding

TymanAnnouncement

22/03/2023 16:30

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RNS Number : 9094T  Tyman PLC  22 March 2023

TYMAN PLC

("Tyman" or the "Company" or the "Group")

 

DIRECTOR/PDMR SHAREHOLDINGS

 

Tyman plc announces that it has been notified of the following transactions in
the Company's ordinary 5p shares ("Ordinary Shares") undertaken by the
Executive Directors and PDMRs, Jo Hallas, CEO and Jason Ashton, CFO.

 

DEFERRED SHARE BONUS PLAN (THE "DSBP")

 

On 20 March 2023, deferred shares awarded to Directors of the Company on 20
March 2020 under the terms of the Company's DSBP 2019 (as part of the annual
bonuses for the year ended 31 December 2019) vested and have been transferred
to award holders, net of associated tax liabilities and costs.  This vesting
was satisfied in accordance with the Group's policy through the transfer of
shares from the Tyman Employees Benefit Trust.

Shares originally awarded to Directors, shares sold and retained are as
follows:

 Executive Directors  Shares Received on vesting of DSBP award  Shares Sold  Shares retained

 Jo Hallas            31,802                                    14,985       16,817
 Jason Ashton         18,343                                    8,643        9,700

The releases under the DSBP include additional shares received in lieu of
dividends, which are subject to tax.

The following disclosure is made in accordance with Article 19 of EU Market
Abuse Regulation No. 596/2014 as it forms part of domestic law by virtue of
the European Union (Withdrawal) Act 2018.

 

 1    Details of the persons discharging managerial responsibilities / person

    closely associated

 a)   Names                                                        i.          JO HALLAS

                                                                   ii.         JASON ASHTON

 2    Reason for the notification: AWARD OF OPTIONS

 a)   Position/status                                              i.          CHIEF EXECUTIVE OFFICER

                                                                   ii.         CHIEF FINANCIAL OFFICER

 b)   Initial notification /Amendment                              INITIAL NOTIFICATION

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         TYMAN PLC

 b)   LEI                                                          213800AAFUV5PKGQU848

 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  ORDINARY SHARES OF 5P EACH

      Identification code                                          ISIN NUMBER:GB00B29H4253

 b)   Nature of the transaction                                    A.   VESTING OF DSBP SHARES.

                                                                   B.   SALES OF SHARES TO SATISFY THE TAX LIABILITY AND FEES ARISING FROM A
                                                                   VESTING OF DEFERRED SHARES.
 c)   Prices (s) and volume(s)                                                                 Price                       Volume
      A i.                                                                                     £2.35                       31,802
      A ii.                                                                                    £2.35                       18,343
      B i.                                                                                     £2.35                       14,985
      B ii.                                                                                    £2.35                       8,643
 d)   Aggregated information

      - Aggregated volume                                          A.50,145

                                                                   B. 23,628

      - Price                                                      A. £2.35

                                                                   B. £2.35

 e)   Date of the transaction                                      20 March 2023

 f)   Place of the transaction                                     LONDON STOCK EXCHANGE

 

  22 March 2023

 Enquiries:
 Tyman plc                                           020 7976 8000
 Peter Ho - General Counsel & Company Secretary      www.tymanplc.com

 

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