REG - W.H. Ireland Group - PDMR Trading <Origin Href="QuoteRef">WHI.L</Origin>
RNS Number : 6159GW.H. Ireland Group PLC31 May 2017WH IRELAND GROUP PLC
("WH Ireland", "WHI" or the "Company")
PDMR Trading
WH Ireland announces that on 30 May 2017, Adam Pollock, a PDMR of the Company, and the WH Ireland Group plc Employee Share Ownership Trust ("ESOT") entered into a joint share ownership agreement ("JSOA") in relation to 200,000 ordinary shares of 5p each in the Company ("JSOA Shares").
Under the terms of the JSOA, Adam Pollock has an option to acquire the ESOT's interest in the JSOA Shares for nil cost at any time between 30 May 2020 and 30 May 2027 provided certain performance conditions are met based on achieving group and divisional profit targets.
Following entering into the JSOA, Mr. Pollock will hold the following interests in the share capital of the Company:
Number of Shares
Percentage of voting rights
Nature of holding
200,000
n/a
Held jointly with the ESOT
22,937
0.08%
Beneficial*
*these shares are held through Adam Pollock's SIPP, AJ Bell Securities Limited.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Adam Pollock
2
Reason for the notification
a)
Position/status
Head of Corporate and Institutional Broking
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
WH Ireland Group plc
b)
LEI
213800HB9TO5O4WD6S66
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 5p
GB0009241885
b)
Nature of the transactions
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Pric(s)
Volume(s)
Subject to conditions set out in the Agreement
200,000
d)
Aggregated information
- Aggregated volume
- Price
200,000
Subject to conditions set out in Agreement
e)
Date of the transaction
30 May 2017
f)
Place of the transaction
London Stock Exchange, AIM
For further information please contact:
WH Ireland Group plc www.whirelandplc.com
Richard Killingbeck, Chief Executive Officer +44(0) 20 7220 1666
SPARK Advisory Partners Limited
Mark Brady/Miriam Greenwood
+44(0) 203 368 3551/3550
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHAMMFTMBTJBJR
Recent news on WH Ireland
See all newsREG - ECR Minerals PLC - Further re the sale of Non-Core Assets
AnnouncementREG - W.H. Ireland Group - Interim Results for Six Months ended 30 Sep 2023
AnnouncementREG - BWP REIT PLC - Cancellation of listing on IPSX
AnnouncementREG - W.H. Ireland Group - Board Changes
AnnouncementREG - W.H. Ireland Group - Result of AGM
Announcement