Van Elle Holdings - Director/PDMR LTIP Options

Van Elle Holdings

04/09/2025 07:00

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
Mark Cutler, Chief Executive Officer
Graeme Campbell, Chief Financial Officer
Via Walbrook
Peel Hunt LLP (Nominated Adviser and corporate broker)
Ed Allsopp
Charlotte Sutcliffe
Tom Graham
Tel: 020 7418 8900
Dowgate Capital Limited (Joint Broker)
James Serjeant
Nicholas Chambers
Tel: 020 3903 7715
Walbrook PR Limited
Tel: 020 7933 8780
or vanelle@walbrookpr.com
Tom Cooper
Nick Rome
07971 221 972
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
/Amendment
Initial notification
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
Identification code
Ordinary Shares
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
- Aggregated volume
- Price
N/A
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
/Amendment
Initial notification
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
Identification code
Ordinary Shares
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
- Aggregated volume
- Price
N/A
e.
Date of the transaction
2 September 2025
f.
Place of the transaction
Outside of a trading venue

 

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