Latham(James) PLC Grant of Options and PDMR Dealings (8568X)
23 December 2019 - 11:28PM
UK Regulatory
TIDMLTHM
RNS Number : 8568X
Latham(James) PLC
23 December 2019
James Latham plc
("James Latham" or "the Company")
Grant of Options and PDMR Dealings
The Company announces that, on 23 December 2019, the Trustees of
the Company's CSOP scheme granted 13,408 share options at 965p to
be exercised between 23(rd) December 2024 and 22(nd) December 2029.
This includes options granted to the following PDMR's:
PDMR Number of options granted
David Dunmow 466
--------------------------
Nick Latham 466
--------------------------
Andrew Wright 466
--------------------------
Piers Latham 466
--------------------------
In addition, James Latham announces that on 23(rd) December
2019, Andrew Wright exercised his option over 1,262 shares from the
Company's 2013 CSOP scheme at 396p per share, and also exercised
his option over 1,592 shares from the Company's Save as You Earn
Scheme at 565p per share. Mr Wright's shareholding now totals
29,908 shares which represents approximately 0.15% of the Company's
issued share capital.
For further information please visit www.lathams.co.uk or
contact:
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
James Latham plc Tel: 01442 849 100
Nick Latham, Chairman
David Dunmow, Finance Director
SP Angel Corporate Finance LLP
Matthew Johnson / Charlie Bouverat (Corporate Tel: 0203 470 0470
Finance)
Abigail Wayne (Corporate Broking)
The information below, set out in accordance with the
requirements of the EU Market Abuse Regulation, provides further
detail.
Grant of options:
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name David Dunmow
Nick Latham
Andrew Wright
Piers Latham
--------------------------- ------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Finance Director
Chairman
Managing Director
Executive Director
--------------------------- ------------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------- ------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------
a) Name James Latham plc
--------------------------- ------------------------------------------
b) LEI 2138008M4LVEDHBPBU41
--------------------------- ------------------------------------------
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 of 25p each
financial instrument,
type of instrument
Identification code GB00B04NP100
b) Nature of the transaction Grant of options under CSOP scheme
--------------------------- ------------------------------------------
c) Price(s) and volume(s)
--------------- ---------------
Price(s) Volume(s)
--------------- ---------------
965.0 p 466
965.0 p 466
965.0 p 466
965.0 p 466
--------------- ---------------
d) Aggregated information
- Aggregated volume As above
- Price
e) Date of the transaction 23 December 2019
--------------------------- ------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- ------------------------------------------
Exercise of options:
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Andrew Wright
------------------------------ ----------------------------------
2 Reason for the notification
------------------------------------------------------------------
a) Position/status Managing Director
------------------------------ ----------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------ ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
------------------------------------------------------------------
a) Name James Latham plc
------------------------------ ----------------------------------
b) LEI 2138008M4LVEDHBPBU41
------------------------------ ----------------------------------
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 of 25p each
financial instrument,
type of instrument
Identification code GB00B04NP100
b) Nature of the transaction Exercise of options
------------------------------ ----------------------------------
c) Price(s) and volume(s)
--------------- --------------
Price(s) Volume(s)
--------------- --------------
396.0p 1,262
565.0p 1,592
--------------------------------------------------- --------------
d) Aggregated information
- Aggregated volume As above
- Price
e) Date of the transaction 23 December 2019
------------------------------ ----------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ ----------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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