REG - Worldsec Ld - Director/PDMR Shareholding

WorldsecAnnouncement

29/05/2019 13:35

RNS Number : 4991A
Worldsec Ld
29 May 2019
 


29 May 2019
 
Worldsec Limited
(the "Company")
 
Director/PDMR Shareholding
 
On 29 May 2019 the following options over ordinary shares of US$0.001 each in Worldsec Limited (the "Company") were granted under the Company's Employee Share Option Scheme (the "Scheme"), which was adopted by shareholders in the Company's general meeting on 26 February 1997 and amended in the Company's general meeting on 29 September 2014, to the Directors and persons discharging managerial responsibilities ("PDMRs") as listed below. In addition to the options granted to PDMRs, a total of 300,000 options were also granted to certain staff of the Company.
 



PDMR


No. of options over ordinary shares granted to PDMRs under this award




Alastair Gunn-Forbes


350,000




Henry Ying Chew Cheong


350,000




Mark Chung Fong


350,000




Martyn Stuart Wells


350,000




Ernest Chiu Shun She


350,000



 
The Options granted have an exercise price of US$0.034 per share, which, based on the USD/GBP exchange rate of 0.790 at the Date of Grant, is equivalent to 2.70 pence per share, being ninety per cent of the average of the middle market quotations of the Company's shares (as derived from the Daily Official List of the London Stock Exchange) for the five Business Days immediately preceding the Date of Grant. The Options have a vesting period of six months and a tenure of 10 years from the Date of Grant. Under the Scheme rules, the grantees are not required to pay for the grant of the Options.
Details of the full notifications received by the Company are set out below.



1)


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Alastair Gunn-Forbes




2


Reason for Notification




a)


Position/status


Director/PDMR




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Worldsec Limited




b)


LEI


213800RSLE74B1NP4X17




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 of US$0.001 in Worldsec Limited
BMG9774L1019




b)


Nature of the transaction


Grant of options under the Company's Employee Share Option Scheme




c)


Price(s) and volume(s)


350,000 at US$0.034 per share
(£0.027 per share based on USD/GBP exchange rate of 0.790)




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


29 May 2019




f)


Place of the transaction


Outside a trading venue



 



1)


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Henry Ying Chew Cheong




2


Reason for Notification




a)


Position/status


Director/PDMR




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Worldsec Limited




b)


LEI


213800RSLE74B1NP4X17




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 of US$0.001 in Worldsec Limited
BMG9774L1019




b)


Nature of the transaction


Grant of options under the Company's Employee Share Option Scheme




c)


Price(s) and volume(s)


350,000 at US$0.034 per share
(£0.027 per share based on USD/GBP exchange rate of 0.790)




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


29 May 2019




f)


Place of the transaction


Outside a trading venue



 
 



1)


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Mark Chung Fong




2


Reason for Notification




a)


Position/status


Director/PDMR




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Worldsec Limited




b)


LEI


213800RSLE74B1NP4X17




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 of US$0.001 in Worldsec Limited
BMG9774L1019




b)


Nature of the transaction


Grant of options under the Company's Employee Share Option Scheme




c)


Price(s) and volume(s)


350,000 at US$0.034 per share
(£0.027 per share based on USD/GBP exchange rate of 0.790)




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


29 May 2019




f)


Place of the transaction


Outside a trading venue



 



1)


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Martyn Stuart Wells




2


Reason for Notification




a)


Position/status


Director/PDMR




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Worldsec Limited




b)


LEI


213800RSLE74B1NP4X17




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 of US$0.001 in Worldsec Limited
BMG9774L1019




b)


Nature of the transaction


Grant of options under the Company's Employee Share Option Scheme




c)


Price(s) and volume(s)


350,000 at US$0.041 per share
(£0.027 per share based on USD/GBP exchange rate of 0.790)




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


29 May 2019




f)


Place of the transaction


Outside a trading venue



 



1)


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Ernest Chiu Shun She




2


Reason for Notification




a)


Position/status


Director/PDMR




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Worldsec Limited




b)


LEI


213800RSLE74B1NP4X17




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 of US$0.001 in Worldsec Limited
BMG9774L1019




b)


Nature of the transaction


Grant of options under the Company's Employee Share Option Scheme




c)


Price(s) and volume(s)


350,000 at US$0.034 per share
(£0.027 per share based on USD/GBP exchange rate of 0.790)




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


29 May 2019




f)


Place of the transaction


Outside a trading venue



 
 
 




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