Worldsec Ld - Director/PDMR Shareholding

Worldsec

29/05/2019 13:30

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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