Hunters Property PLC Grant of Share Awards (9274E)
09 July 2019 - 6:36PM
UK Regulatory
TIDMHUNT
RNS Number : 9274E
Hunters Property PLC
09 July 2019
For immediate release
9 July 2019
HUNTERS PROPERTY PLC
("Hunters" or the "Company" or the "Group")
Grant of Share Awards
Hunters (AIM - HUNT), one of the UK's largest franchised sales
and lettings agency businesses, announces today that it has granted
1,500,000 options to subscribe for ordinary shares of 4p each
("Ordinary Shares") under the Hunters Property Senior Executive
Share Option Scheme ("Share Scheme") to incentivise and retain key
members of the executive management team.
Share options granted under the Share Scheme vest, subject to
the achievement of certain earnings per share performance
conditions, as to one third following the end of each of the
Company's three financial years following year to December 2019.
The exercise price of the Share Options is 4 pence per Ordinary
Share. Share Options which have vested are exercisable following
the preliminary announcement of the Company's results for the
financial year to December 2020. Subject to the rules of the
Scheme, Share Options lapse 10 years after the date of grant.
The awards include the following awards to Executive Directors
which have been made in accordance with the rules of the Share
Scheme:
Director New Share Options % of existing
granted Issued Share
Capital*
Glynis Frew 325,000 1.00%
Ed Jones 275,000 0.85%
Kevin Hollinrake 100,000 0.31%
*using Hunters' total issued share capital of 32,502,088
Ordinary Shares as at 8 July 2019.
NOTIFICATIONS AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Glynis Frew
---------------------------------- -------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------------- -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name HUNTERS PROPERTY PLC
---------------------------------- -------------------------------
b) LEI 213800ZD3BTE7NH9DQ29
---------------------------------- -------------------------------
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 Ordinary Shares 4p each
financial instrument,
type of instrument GB00BYMW5L71
Identification code
---------------------------------- -------------------------------
b) Nature of the transaction Grant of Options
---------------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 325,000
----------
---------------------------------- -------------------------------
d) Aggregated information N/A
---------------------------------- -------------------------------
e) Date of the transaction 9 July 2019
---------------------------------- -------------------------------
f) Place of the transaction London Stock Exchange
---------------------------------- -------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Edward Anthony Jones
---------------------------------- -------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
---------------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------------- -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name HUNTERS PROPERTY PLC
---------------------------------- -------------------------------
b) LEI 213800ZD3BTE7NH9DQ29
---------------------------------- -------------------------------
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 Ordinary Shares 4p each
financial instrument,
type of instrument GB00BYMW5L71
Identification code
---------------------------------- -------------------------------
b) Nature of the transaction Grant of Options
---------------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 275,000
----------
---------------------------------- -------------------------------
d) Aggregated information N/A
---------------------------------- -------------------------------
e) Date of the transaction 9 July 2019
---------------------------------- -------------------------------
f) Place of the transaction London Stock Exchange
---------------------------------- -------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Kevin Hollinrake
---------------------------------- -------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chairman
---------------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------------- -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name HUNTERS PROPERTY PLC
---------------------------------- -------------------------------
b) LEI 213800ZD3BTE7NH9DQ29
---------------------------------- -------------------------------
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 Ordinary Shares 4p each
financial instrument,
type of instrument GB00BYMW5L71
Identification code
---------------------------------- -------------------------------
b) Nature of the transaction Grant of Options
---------------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 100,000
----------
---------------------------------- -------------------------------
d) Aggregated information N/A
---------------------------------- -------------------------------
e) Date of the transaction 9 July 2019
---------------------------------- -------------------------------
f) Place of the transaction London Stock Exchange
---------------------------------- -------------------------------
For further information, please contact:
Hunters Property Plc
Glynis Frew, Chief Executive Officer
Ed Jones, Chief Financial Officer 01904 756 197
SPARK Advisory Partners Limited
Andrew Emmott (Nominated Adviser) 020 3368 3555
Dowgate Capital Stockbrokers
James Serjeant (Corporate Broking) 020 3903 7715
END
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END
DSHUKRWRKSABRRR
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