HEAD Headlam Group Plc

TIDMHEAD

RNS Number : 4457F

Headlam Group PLC

17 May 2017

17 May 2017

Headlam Group plc

Exercise of share options/ total voting rights

Headlam Group plc ('Headlam') announces that on 16 May 2017, Steve Wilson, Chief Executive, and Tony Judge, Chief Operating Officer, each exercised awards granted on 1 April 2014 under the Headlam Group Co-Investment Plan, of which 98.6% had vested, over 42,179 and 35,981 shares respectively. The awards have an exercise period between 1 April 2017 and 1 April 2024, the total amount paid on exercise being GBP1 each individual.

Steve Wilson and Tony Judge retained all of the shares increasing their beneficial shareholding in Headlam to 614,244 and 115,696 shares respectively representing 0.72% and 0.13% respectively of the issued share capital.

These shares awards were satisfied from shares held by the trustee that have previously been acquired from the open market.

Following the above transfer of shares, the trustee held 241,892 ordinary shares representing 0.28% of the issued share capital.

The total number of ordinary shares in issue (excluding shares held as treasury shares) remains 84,633,722. Therefore, the total number of voting rights in the Company is 84,633,722.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

End

.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHSFLFDWFWSESI

(END) Dow Jones Newswires

May 17, 2017 09:05 ET (13:05 GMT)

Headlam (LSE:HEAD)
Historical Stock Chart
From Apr 2024 to May 2024

Headlam (LSE:HEAD)
Historical Stock Chart
From May 2023 to May 2024