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REG - Tyman PLC - Director/PDMR Shareholding





 




RNS Number : 5756U
Tyman PLC
01 April 2019
 

Tyman plc

Director/PDMR Shareholding

 

Notification and public disclosure of a transaction by a person discharging managerial responsibilities in accordance with the Market Abuse Regulation.

 

On 1 April 2019, Tyman plc granted an award of 313,627 ordinary shares to Jo Hallas, a person discharging managerial responsibilities, and the Award was accepted by Jo Hallas on that date.

The Award has been granted in connection with the recruitment of Jo Hallas and her appointment as Chief Executive Officer of Tyman plc, further details of which have been separately announced.  The award is intended to compensate Jo for unvested LTIP awards granted by her former employer that have been forfeited on joining Tyman plc.

The award has been granted in reliance on Listing Rule 9.4.2(2) and in accordance with Tyman plc's current Directors' Remuneration Policy.

The Award is comprised of two tranches. The first tranche consists of 156,813 shares and is due to vest 30 April 2020, and the second tranche consists of 156,814 shares and is due to vest 30 April 2021. In each case, vesting is subject to Jo Hallas' continued service.

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

JO HALLAS

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

TYMAN PLC

b)

Legal Entity Identifier

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

ORDINARY SHARES OF 5p EACH IN TYMAN PLC

 

Identification code

GB00B29H4253

b)

Nature of the transaction

GRANT AND ACCEPTANCE OF A CONDITIONAL AWARD OF SHARES UNDER LISTING RULE 9.4.2(2)

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

NIL

 

313,627

 

 

d)

Aggregated information Aggregated volume Aggregated price Aggregated total

 NOT APPLICABLE - SINGLE TRANSACTION

e)

Date of the transaction

1 APRIL 2019

f)

Place of the transaction

OUTSIDE OF A TRADING VENUE

 

For further information:

 

Carolyn Gibson

COMPANY SECRETARY

020 7976 8000


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.
 
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