REG - Van Elle Holdings - Director/PDMR LTIP Options

Van Elle HoldingsAnnouncement

Thu 07:00

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RNS Number : 8701X  Van Elle Holdings PLC  04 September 2025

4 September 2025

Van Elle Holdings plc

('Van Elle', the 'Company' or the 'Group')

 

Director/PDMR LTIP Options

 

Van Elle Holdings plc (AIM: VANL), the UK's largest ground engineering
contractor, announces that on 2 September 2025, share options were granted
over ordinary shares of 2 pence each in the capital of the Company ("Ordinary
Shares") under the Long-Term Incentive Plan 2016 ("LTIP") (the "LTIP
Options"). The LTIP Options are exercisable at a price of 2 pence each subject
to the Group achieving certain performance criteria based on a combination of
Total Shareholder Return and Return on Capital Employed targets in the year
ended 30 April 2028.

 

The LTIP Options are governed by the rules of the LTIP, and subject thereto,
vest on the third anniversary of the date of grant to the extent determined in
accordance with the performance criteria.

 

The LTIP Options issued to certain PDMRs of the Company, are as set out below:

 

 Director/PDMR    Position                 Number of ordinary shares over which the LTIP Options have been made
 Mark Cutler      Chief Executive Officer  812,805
 Graeme Campbell  Chief Financial Officer  461,699

 

For further information, please contact:

 Van Elle Holdings plc                                         Via Walbrook

 Mark Cutler, Chief Executive Officer

 Graeme Campbell, Chief Financial Officer

 Peel Hunt LLP (Nominated Adviser and corporate broker)        Tel: 020 7418 8900

 Ed Allsopp

 Charlotte Sutcliffe

 Tom Graham

 Dowgate Capital Limited (Joint Broker)                        Tel: 020 3903 7715

 James Serjeant

 Nicholas Chambers

 Walbrook PR Limited                                           Tel: 020 7933 8780

                                                               or vanelle@walbrookpr.com

 Tom Cooper                                                    07971 221 972

 Nick Rome                                                     07748 325 236

 

 

About Van Elle Holdings plc:

Van Elle Holdings is the UK's largest specialist geotechnical engineering
contractor. Formed in 1984 and listed on AIM in 2016, the Company provides a
wide range of ground engineering techniques and services including ground
investigation, general and specialist piling, rail geotechnical engineering,
modular foundations, and ground improvement and stabilisation services.

Van Elle operates through three divisions: General Piling, Specialist Piling
and Rail, and Ground Engineering Services; and is focused on diverse end
markets including residential and housing, infrastructure and regional
construction - across which the Group has completed more than 20,000 projects
over the last 35 years.

The information below (set out in accordance with the requirements of EU
Market Abuse Regulation) provides further detail:

 1.                  Details of the person discharging managerial responsibilities / person closely
                     associated
 a.                  Name                                                         Mr Mark Cutler
 2.                  Reason for the notification
 a.                  Position/status                                              Chief Executive Officer
 b.                  Initial notification                                         Initial notification

                     /Amendment
 3.                  Details of the issuer, emission allowance market participant, auction
                     platform, auctioneer or auction monitor
 a.                  Name                                                         Van Elle Holdings plc
 b.                  LEI                                                          213800LQC6YL8KJT1Y18
 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

                     Identification code

                                                                                  ISIN: GB00BYX4TP46
 b.                  Nature of the transaction                                    Grant of share options
 c.                  Price(s) and volume(s)                                                         Price(s)          Volume(s)
                     Nil                                                                            812,805

 d.                  Aggregated information                                        N/A

                     -       Aggregated volume

                     -       Price

 e.                  Date of the transaction                                      2 September 2025
 f.                  Place of the transaction                                     Outside of a trading venue

 

 

 

 1.              Details of the person discharging managerial responsibilities / person closely
                 associated
 a.              Name                                                         Mr Graeme Campbell
 2.              Reason for the notification
 a.              Position/status                                              Chief Financial Officer
 b.              Initial notification                                         Initial notification

                 /Amendment
 3.              Details of the issuer, emission allowance market participant, auction
                 platform, auctioneer or auction monitor
 a.              Name                                                         Van Elle Holdings plc
 b.              LEI                                                          213800LQC6YL8KJT1Y18
 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

                 Identification code

                                                                              ISIN: GB00BYX4TP46
 b.              Nature of the transaction                                    Grant of share options
 c.              Price(s) and volume(s)                                                         Price(s)          Volume(s)
                 Nil                                                                            461,699

 d.              Aggregated information                                        N/A

                 -       Aggregated volume

                 -       Price

 e.              Date of the transaction                                      2 September 2025
 f.              Place of the transaction                                     Outside of a trading venue

 

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