25 Jul 2019 11:30
Gresham House plc
("Gresham House," the "Group" or the "Company")
Long-Term Incentive Plan - PDMR announcement
The Long-Term Incentive Plan ("LTIP") announced in May 2018 was established to incentivise senior management and employees to deliver long-term value creation and ensure alignment with shareholder interests, as well as provide a mechanism to comply with deferred variable compensation guidelines.
Under the terms of the LTIP, the LTIP Options awarded below will vest on the third anniversary of the relevant recipients' respective dates of joining the Company, subject to the recipients remaining employees of the Company.
The Company's PDMRs listed below have been granted on 25 July 2019, in aggregate, nil-cost LTIP Options over 51,763 Ordinary Shares of the Company based on a price of 444p and 513p, respectively, being the average closing price of the Company's Ordinary Shares over the ten trading days prior to the PDMRs joining the Company.
PDMR | Role | Number of LTIP Options granted | Total number of LTIP Options held |
Oliver Hughes | Managing Director, Forestry | 22,538 | 22,538 |
Samee Khan | General Counsel and Company Secretary | 29,226 | 29,226 |
- Ends -
For more information contact:
Gresham House plc Tony Dalwood, Chief Executive Officer Kevin Acton, Finance Director
| +44 (0)20 3837 6270
|
Canaccord Genuity - Nominated Adviser and Joint Broker Bobbie Hilliam
| +44 (0)20 7523 8000
|
Jefferies International Limited - Financial Adviser and Joint Broker Paul Nicholls Max Jones Chris Binks
| +44 (0)20 7029 8000
|
Montfort Communications Olly Scott Louis Supple | greshamhouse@montfort.london +44 (0)78 1234 5205 +44 (0)20 3770 7914 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name
| Oliver Hughes | ||||
2 | Reason for the notification
| |||||
a) | Position/status
|
| ||||
b) | Initial notification/ Amendment
| Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a) | Name
| Gresham House plc | ||||
b) | LEI
| 213800JYVCBZZHBFEL28
| ||||
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 in Gresham House plc.
IDENTIFICATION CODE FOR GRESHAM HOUSE PLC ORDINARY SHARES GB0003887278
| ||||
b) | Nature of the transaction
| LTIP Options | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
Aggregated volume
Price
|
22,538
444p
| ||||
e) | Date of the transaction
| 25/07/19 | ||||
f) | Place of the transaction
| London Stock Exchange, AIM | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name
| Samee Khan | ||||
2 | Reason for the notification
| |||||
a) | Position/status
| General Counsel and Company Secretary, Gresham House plc | ||||
b) | Initial notification/ Amendment
| Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a) | Name
| Gresham House plc | ||||
b) | LEI
| 213800JYVCBZZHBFEL28
| ||||
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 in Gresham House plc.
IDENTIFICATION CODE FOR GRESHAM HOUSE PLC ORDINARY SHARES GB0003887278
| ||||
b) | Nature of the transaction
| LTIP Options | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
Aggregated volume
Price
|
29,226
513p
| ||||
e) | Date of the transaction
| 25/07/19 | ||||
f) | Place of the transaction
| London Stock Exchange, AIM | ||||