S & U PLC Director/PDMR Shareholding and Total Voting Rights (9954S)
07 October 2017 - 3:50AM
UK Regulatory
TIDMSUS
RNS Number : 9954S
S & U PLC
06 October 2017
S & U PLC ("S&U" or "the Company")
Exercise and Sale of Options, Director/PDMR Shareholding and
Total Voting Rights
6 October 2017
Exercise and Sale of Options
S&U plc announces that it has today received notice of the
exercise in respect of options granted to Mr John Guy Thompson, a
director of S&U plc; 2,500 options under the Company's 2010
Long Term Incentive Plan ("LTIP") were exercised at an exercise
price of 12.5 pence per share and 450 options under the Company's
2008 Discretionary Share Option Plan ("DSOP") were exercised at an
exercise price of 1,892.5 pence per share. These notices for Mr
John Guy Thompson were in respect of a total of 2,950 ordinary
shares of 12.5p each ("Ordinary Shares") and these 2,950 Ordinary
Shares were sold in the market at an average price of 2,055.83
pence per share. Following these transactions the shareholding of
Mr John Guy Thompson is nil.
S&U plc has also received due notice of exercise in respect
of options granted to members of its senior management under the
Company's 2010 Long Term Incentive Plan ("LTIP"). The notices were
in respect of a total of 6,000 ordinary shares of 12.5p each
("Ordinary Shares") at the exercise price of 12.5 pence per share.
3,500 of these Ordinary Shares were sold in the market at a price
of 2,074 pence per share and 2,500 Ordinary Shares were retained by
senior management.
In total, 8,950 Ordinary Shares were admitted to trading this
week pursuant to an existing block listing, and will rank pari pasu
with existing Ordinary Shares.
Total Voting Rights
Following the issue of these Ordinary Shares, the total number
of voting rights in S&U is 11,985,659. This number (11,985,659)
should be used by shareholders and other parties subject to
disclosure obligations as the denominator for the calculations by
which they determine if they are required to notify their interest
in or a change to their interest in the share capital of S&U
under the FCA's Disclosure and Transparency rules.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name John Guy Thompson
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status Director
--- ------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name S&U PLC
--- ------------------------- ----------------------------------
b) LEI 213800QZ1X2A7J64SQ31
--- ------------------------- ----------------------------------
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 Ordinary shares of 12.5p
the financial each
instrument, type
of instrument
ISIN : GB0007655037
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Exercise of options under
transaction the Company's 2010 Long Term
Incentive and 2008 Discretionary
Share Option Plans.
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
------------------ ----------
12.5p 2,500
------------------ ----------
1,892.5p 450
------------------ ----------
--- ------------------------- ----------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
--- ------------------------- ----------------------------------
e) Date of the transaction 6(th) October 2017
--- ------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ----------------------------------
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 Ordinary shares of 12.5p
the financial each
instrument, type
of instrument
ISIN : GB0007655037
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Sale of Ordinary Shares following
transaction an exercise of options under
the Company's 2010 Long Term
Incentive and 2008 Discretionary
Share Option Plans.
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
2,067.19p 1,000
---------- ----------
2,050p 1,950
---------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
Aggregated volume: 2,950
- Aggregated volume Volume weighted average price:
2,055.83p
- Price
--- ------------------------- ----------------------------------
e) Date of the transaction 6(th) October 2017
--- ------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ----------------------------------
For further information, please contact:
Anthony Coombs, Chairman S&U plc (www.suplc.co.uk) 0121 705 7777
Broker and Financial Adviser
Adrian Trimmings/Rishi Shah Peel Hunt 0207 418 8900
Media and Investor Relations
Ged Brumby Smithfield 0207 360 4900
This information is provided by RNS
The company news service from the London Stock Exchange
END
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