Norish PLC Exercise of options and PDMR Notification (1383M)
26 April 2018 - 4:00PM
UK Regulatory
TIDMNSH
RNS Number : 1383M
Norish PLC
26 April 2018
Norish plc
Exercise of options and PDMR Notification
Norish plc ("Norish" or the "Company") announces that Aidan
Hughes, Finance Director, has exercised 110,000 share options which
were issued under the Company's Enterprise Management Incentive
Scheme with an exercise price of GBP0.58 pence each. Application
has been made for the new shares to be admitted to AIM and
admission is expected to take place on 1 May 2018.
The new Ordinary Shares pursuant to the exercise of options will
rank pari passu with the existing Norish Ordinary Shares. Following
admission, Norish will have in issue 30,070,378 ordinary shares of
EUR0.25 cent each ("Ordinary Shares").
Following the admission, Aidan Hughes' interest in the Company
is 317,500 Ordinary Shares, representing approximately 1.1% of the
Company's issued Ordinary Shares.
Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them
This form is required for disclosure of transactions under
Article 19 of Regulation (EU) No 596/2014 of the European
Parliament and of the Council of 16 April 2014 on market abuse
(Market Abuse Regulation)
1 Details of the person discharging managerial
responsibilities/person closely associated
--- ----------------------------------------------------------
a) Name Aidan Hughes
--- ------------------ --------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Finance Director / PDMR
--- ------------------ --------------------------------------
b) Initial INITIAL NOTIFICATION
Notification
Amendment
--- ------------------ --------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------
a) Name Norish PLC
--- ------------------ --------------------------------------
b) LEI 635400OV6CUEDS9IAI49
--- ------------------ --------------------------------------
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 ORDINARY SHARES OF NOMINAL VALUE
of the financial EUR0.25 EACH
instrument,
type of ISIN: IE0006447985
instrument
Identification
code
--- ------------------ --------------------------------------
b) Nature of Exercise of Options
the transaction
--- ------------------ --------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ======================= ==========
58 pence per Ordinary
Share 110,000
======================= ==========
--- ------------------ --------------------------------------
d) Aggregated NOT APPLICABLE - SINGLE TRANSACTION
information
- Aggregated
volume
- Price
--- ------------------ --------------------------------------
e) Date of 25 April 2018
the transaction
--- ------------------ --------------------------------------
f) Place of London Stock Exchange - AIM (XLON)
the transaction
--- ------------------ --------------------------------------
g) Additional
Information
--- ------------------ --------------------------------------
ENDS
Enquiries:
Aidan Hughes
Finance Director
Tel: 00 44 (0) 1293 862 498
Davy (Nominated Adviser)
Anthony Farrell
Matthew de Vere White
Tel: 00 353 (1) 614 8930
This information is provided by RNS
The company news service from the London Stock Exchange
END
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