SpaceandPeople PLC SAYE Share Option Scheme (5888F)
19 May 2017 - 4:00PM
UK Regulatory
TIDMSAL
RNS Number : 5888F
SpaceandPeople PLC
19 May 2017
19 May 2017
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
SpaceandPeople PLC (the "Company")
SAYE Share Option Scheme
As announced on 24 March 2017, the Company established a Group
Save As You Earn (SAYE) share option scheme to offer the employees
at SpaceandPeople plc the opportunity to participate in the future
growth of the Company.
Eligible employees were invited to subscribe for share options
at 19.5 pence per share, being a 20% discount on the closing
mid-market price of the Company's shares on the three working days
before the invitation to participate was made (Thursday 20 April to
Monday 24 April 2017). The scheme rules follow HMRC guidance and
limit each employee to a maximum saving of GBP500 per month over
the three year period of the scheme.
A total of 30 employees (49% of those eligible) elected to
participate giving rise to the grant on 18 May 2017 of a total of
688,783 share options. This equates to 3.53% of the current issued
share capital.
The following Executive Directors elected to participate in the
scheme and are included in the total figures above as follows:
Nancy Cullen (COO) has been granted 92,307 share options and
Gregor Dunlay (CFO) has been granted 92,307 share options.
Non-Executive Directors were not eligible to participate.
Following the grant of the SAYE share options the participating
Executive Directors shareholdings in the Company are as
follows:
Name Ordinary Share Share Share SAYE Total % Of
Shares Options Options Options Share Share Issued
at 61.0p at 47.4p at 22p Options Options Share
at 19.5p Capital
--------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Nancy
Cullen 1,333,000 120,000 200,000 75,000 92,307 1,820,307 9.32
--------- ---------- ---------- ---------- --------- ---------- ---------- ---------
Gregor
Dunlay 10,000 120,000 200,000 75,000 92,307 497,307 2.55
--------- ---------- ---------- ---------- --------- ---------- ---------- ---------
SpaceandPeople Plc 0845 241 8215
Matthew Bending, Gregor
Dunlay
Cantor Fitzgerald Europe 020 7894 7000
David Foreman, Will Goode
(Corporate Finance)
Alex Pollen / David
Banks (Sales)
SpaceandPeople facilitates and manages promotional space for
marketing campaigns and retailing in shopping centres, railway
stations, retail parks, airports and other high footfall locations.
SpaceandPeople is at the forefront of developing the concept of
space as an advertising and promotional medium. It offers consumer
brands the opportunity to promote their products through direct
engagement with consumers through a mix of experiential marketing
events and complementary above the line advertising and multimedia
campaigns. SpaceandPeople offers a comprehensive service covering
brokerage, consultancy and venue centric media buying.
SpaceandPeople is independently funded and its shares are admitted
to trading on AIM. The Company operates in the UK and Germany and
also in India.
www.spaceandpeople.com
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------
a) Name Nancy Cullen
--- --------------------- --------------------------------
2 Reason for the notification
--- -------------------------------------------------------
a) Position/status Chief Operating Officer
--- --------------------- --------------------------------
b) Initial notification Initial Notification
/ Amendment
--- --------------------- --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------
a) Name SpaceandPeople plc
--- --------------------- --------------------------------
b) LEI N/A
--- --------------------- --------------------------------
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 Options over Ordinary shares
of the financial of 1 pence each
instrument,
type of instrument ISIN: GB00B058DS79
Identification
code:
--- --------------------- --------------------------------
b) Nature of the Grant of Options
transaction
--- --------------------- --------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------------- ----------
19.5p 92,307
----------------- ----------
--- --------------------- --------------------------------
d) Aggregated N/A
information
--- --------------------- --------------------------------
e) Date of the 18 May 2017
transaction
--- --------------------- --------------------------------
f) Place of the Off market
transaction
--- --------------------- --------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------
a) Name Gregor Dunlay
--- --------------------- --------------------------------
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 SpaceandPeople plc
--- --------------------- --------------------------------
b) LEI N/A
--- --------------------- --------------------------------
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 Options over Ordinary shares
of the financial of 1 pence each
instrument,
type of instrument ISIN: GB00B058DS79
Identification
code:
--- --------------------- --------------------------------
b) Nature of the Grant of Options
transaction
--- --------------------- --------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------------- ----------
19.5p 92,307
----------------- ----------
--- --------------------- --------------------------------
d) Aggregated N/A
information
--- --------------------- --------------------------------
e) Date of the 18 May 2017
transaction
--- --------------------- --------------------------------
f) Place of the Off market
transaction
--- --------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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