Manx Telecom PLC Exercise of Options (6106Z)
16 March 2017 - 6:01PM
UK Regulatory
TIDMMANX
RNS Number : 6106Z
Manx Telecom PLC
16 March 2017
16 March 2017
Manx Telecom PLC
Exercise of Options
Manx Telecom plc (the "Company") announces that it has issued
849,201 new ordinary shares of 0.2p each in the Company ("New
Ordinary Shares"). The New Ordinary Shares have been allotted
pursuant to the exercise of share options awarded to a number of
individuals under the Company's "2014 Co-Investment Plan" following
achievement of the performance conditions set when the Company was
listed on AIM on 10 February 2014 .
Application has been made to the London Stock Exchange for the
849,201 Ordinary Shares to be admitted to trading on AIM
("Admission"). It is expected that Admission will occur at 8:00
a.m. on 21 March 2017. The Ordinary Shares will rank pari passu
with the existing ordinary shares in the Company.
Following Admission, the Company's enlarged issued share capital
and total number of voting rights will be 113,825,772 Ordinary
Shares.
The below notification is made in accordance with the
requirements of the EU Market Abuse Regulation.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR / person closely associated
with them ('PCA')
=== ====================================================
a) Name Gary Edward Lamb
=== ===================== =============================
b) Position / Chief Executive Officer
status
=== ===================== =============================
c) Initial notification Initial Notification
/ amendment
=== ===================== =============================
2. Details of the issuer
=== ====================================================
a) Name Manx Telecom plc
=== ===================== =============================
b) LEI 213800X95NVTAAWYB404
=== ===================== =============================
3. 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 Ordinary Shares of 0.2p each
of the financial ISIN : IM00BHY3RF70
instrument
=== ===================== =============================
b) Nature of Exercise of share options
the transaction
=== ===================== =============================
c) Price(s) and Price(s) Volume(s)
volume(s) ======== =========
0 280,691
======== =========
=== ===================== =============================
d) Aggregated n/a single transaction
information
Aggregated
volume Price
=== ===================== =============================
e) Date of the 16 March 2017
transaction
=== ===================== =============================
f) Place of the Outside trading venue
transaction
=== ===================== =============================
This information is provided by RNS
The company news service from the London Stock Exchange
END
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