REG - Workspace Grp PLC - Director/PDMR Shareholding
RNS Number : 5291TWorkspace Group PLC20 July 202020 July 2020
WORKSPACE® GROUP PLC
DIRECTOR/PDMR SHAREHOLDING
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them
Workspace Group PLC (the "Company") announces that on 20 July 2020 it was notified that Graham Clemett (a person discharging managerial responsibility for the Company) cancelled his participation in savings contracts associated with the grant of share options under the Company's 2018 and 2019 Save As You Earn Share Option Schemes ("SAYE Schemes") and the associated options therefore lapsed as follows:
1. Number of lapsed options from 2018 SAYE Scheme with an option price of 860p per Ordinary Share: 1,046
2. Number of lapsed options from 2019 SAYE Scheme with an option price of 702p per Ordinary Share: 1,282
1.
Details of PDMR/person closely associated with them ('PCA')
a)
Name
Graham Clemett
2.
Reason for the notification
a)
Position/status
CEO
b)
Initial notification/
amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Workspace Group PLC
b)
LEI
2138003GUZRFIN3UT430
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 transaction(s) has been conducted
a)
Description of the financial instrument
Ordinary Shares of 100p ISIN GB00B67G5X01
b)
Nature of the transaction
Lapse of options in respect of the Company's 2018 and 2019 SAYE Schemes
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
860p
1046
2.
702p
1282
d)
Aggregated information
Aggregated volume: 2328
Average Option Price: 781p
e)
Date of the transaction
20 July 2020
f)
Place of the transaction
Outside a trading venue
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