Stanley Gibbons Group PLC Grant of Options (8234L)
06 October 2016 - 5:00PM
UK Regulatory
TIDMSGI
RNS Number : 8234L
Stanley Gibbons Group PLC
06 October 2016
THE STANLEY GIBBONS GROUP PLC
(the "Company" or the "Group")
Grant of Options
The Stanley Gibbons Group Plc (AIM:SGI) announces that on 5
October 2016, the Company granted options ("Options") over a total
of 14,760,000 ordinary shares of 1 pence each in the capital of the
Company ("Ordinary Shares") pursuant to the Stanley Gibbons Group
Share Option Plan 2010. Of these Options, 6,600,000 were granted to
Persons Discharging Managerial Responsibilities ("PDMRs") on behalf
of the Company, with 8,160,000 granted to other employees.
The Options are exercisable at 11.0 pence per Ordinary Share,
being the closing mid-market price of an Ordinary Share on 4
October 2016. The Options shall vest and may be exercised at any
time on or after 5 October 2019, being the third anniversary of the
date of the grant. The Options will lapse on the tenth anniversary
of the date of grant.
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 HG Wilson - Executive Chairman
A Cook - Chief Finance Officer
AM Gee - Group Chief Operating
Officer
KAM Heddle - Investment Sales
Director
MW Peterlechner - Group Marketing
Director
JW Harvey - Chief Executive,
Interiors Division
GHS Bailey - Chairman, Interiors
Division
NK Clare - Group HR Director
JP Spencer - Group Financial
Controller
RK Purkis - Group Secretary
--- ------------------------- ------------------------------------
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 The Stanley Gibbons Group
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 of In each case, the grant of
the Financial Options over Ordinary Shares
instrument, type on 5 October 2016
of instrument
---
Identification GB0009628438
code
--- ------------------------- ------------------------------------
b) Nature of the Grant of Options over Ordinary
transaction Shares
--- ------------------------- ------------------------------------
c) Price(s) and Price: n/a
volume(s) Volumes(s):
HG Wilson - Options over 2,000,000
Ordinary Shares
A Cook - Options over 2,000,000
Ordinary Shares
AM Gee - Options over 400,000
Ordinary Shares
KAM Heddle - Options over
400,000 Ordinary Shares
MW Peterlechner - Options
over 400,000 Ordinary Shares
JW Harvey - Options over 400,000
Ordinary Shares
GHS Bailey - Options over
400,000 Ordinary Shares
NK Clare - Options over 200,000
Ordinary Shares
JP Spencer - Options over
200,000 Ordinary Shares
RK Purkis - Options over 200,000
Ordinary Shares
--- ------------------------- ------------------------------------
d) Aggregated information: n/a
* Aggregated volume
* Price
--- ------------------------- ------------------------------------
e) Date of the transaction 5 October 2016
--- ------------------------- ------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------- ------------------------------------
For further information, contact:
The Stanley Gibbons Group plc
Harry Wilson +44 (0)1534 766
Andrew Cook 711
finnCap Ltd (Nomad & Broker)
Stuart Andrews / Christopher Raggett
(corporate finance)
Tim Redfern / Simon Johnson (corporate +44 (0)20 7220
broking) 0500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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