Stadium Group PLC Grant of Share Options (1645F)
15 May 2017 - 11:37PM
UK Regulatory
TIDMSDM
RNS Number : 1645F
Stadium Group PLC
15 May 2017
Stadium Group plc
Grant of share options under the 2017 Performance Share Plan
Stadium Group plc (AIM: SDM), a leading supplier of connectivity
solutions, power supplies, human machine interface products and
electronic assemblies, announces that the Company has granted a
total of 840,000 options over ordinary shares in the Company with a
nominal value of 5 pence each ("Ordinary Shares") under the 2017
Performance Share Plan. The options are exercisable at a price of 5
pence per Ordinary Share, after a period of 3 years, subject to the
achievement of certain performance criteria. The options were
granted to the directors listed below and other senior management.
No consideration was paid in respect of the grant of awards.
Charlie Peppiatt (Chief Executive Officer)
On 15 May 2017, the Company granted options over 375,000
Ordinary Shares to Mr Peppiatt. Mr Peppiatt now holds 375,000
options under the 2017 Performance Share Plan, and a further
100,000 options under the 2006 Plan. Following this notification,
Mr Peppiatt's total beneficial interest in 236,263 Ordinary Shares,
representing 0.6% of the issued share capital of the Company,
remains unchanged.
Winston North (Group Finance Director)
On 15 May 2017, the Company granted options over 75,000 Ordinary
Shares to Mr North. Mr North now holds 75,000 options under the
2017 Performance Share Plan. Following this notification, Mr North
currently has no beneficial interest in the Company's Ordinary
Shares.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1. Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Names Charlie Peppiatt
Winston North
--- ----------------------------- -----------------------------
2. Reason for the Notification
--- ------------------------------------------------------------
a) Position/status See 1(a) above for positions
- all classified as
PDMRs of the Company
--- ----------------------------- -----------------------------
b) Initial notification/ Initial Notification
Amendment
--- ----------------------------- -----------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------------
a) Name Stadium Group Plc
--- ----------------------------- -----------------------------
b) LEI 2138009U2TAZYH2D6772
--- ----------------------------- -----------------------------
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 Financial In each case, the grant
instrument, type of of Options over Ordinary
instrument Shares on 15 May 2017
--- ----------------------------- -----------------------------
Identification code GB0008375098
--- ----------------------------- -----------------------------
b) Nature of the transaction Grant of Options over
Ordinary Shares
--- ----------------------------- -----------------------------
c) Price(s) and volume(s) Price: n/a
Volumes:
Charlie Peppiatt - 375,000
Options
Winston North - 75,000
Options
--- ----------------------------- -----------------------------
d) Aggregated information: n/a
-- Aggregated volume
-- Price
--- ----------------------------- -----------------------------
e) Date of the transaction 15 May 2017
--- ----------------------------- -----------------------------
f) Place of the transaction Outside a trading venue
--- ----------------------------- -----------------------------
For further information please contact:
Stadium Group plc www.stadiuminvestors.com
Charlie Peppiatt, Chief Executive Officer Tel: 0118 931 1199
Winston North, Finance Director
Walbrook PR Tel: 020 7933 8780 or stadium@walbrookpr.com
Paul McManus Mob: 07980 541 893
Helen Cresswell Mob: 07841 917 679
N+1 Singer Tel: 020 7496 3000
Richard Lindley
Nick Owen
About Stadium Group plc (www.stadiumgroupplc.com)
Stadium Group plc is a leading supplier of connectivity
solutions, power supplies, human machine interface products and
electronic assemblies with design and manufacturing operations in
Europe and Asia. The Company consists of two divisions:
1. Technology Products (60% of 2016 revenues)
-- Connectivity Solutions - design, integration and manufacture
of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT")
wireless solutions
-- Power Supplies (including Stontronics) - custom and standard
power product solutions from 1W to 10kW
-- Human Machine Interface - intelligent "HMI" integrated solutions
2. Electronic Assembly (40% of 2016 revenues) - previously Electronic Manufacturing Services
-- Electronic manufacturing services to global original equipment manufacturers
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEEADSSFDSXEFF
(END) Dow Jones Newswires
May 15, 2017 09:37 ET (13:37 GMT)
Stadium Group (LSE:SDM)
Historical Stock Chart
From Jan 2025 to Feb 2025
Stadium Group (LSE:SDM)
Historical Stock Chart
From Feb 2024 to Feb 2025
