S & U PLC Director/PDMR Shareholding (2636P)
25 May 2018 - 4:01PM
UK Regulatory
TIDMSUS
RNS Number : 2636P
S & U PLC
25 May 2018
S & U PLC ("S&U" or "the Company")
Exercise and Sale of Options, Director/PDMR Shareholding and
Total Voting Rights
25 May 2018
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 Chris Redford, a
director of S&U plc; 2,000 options under the Company's 2010
Long Term Incentive Plan ("LTIP") were exercised at an exercise
price of 12.5 pence per share and 600 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
Chris Redford were in respect of a total of 2,600 ordinary shares
of 12.5p each ("Ordinary Shares") and these 2,600 Ordinary Shares
were sold in the market at an average price of 2,702 pence per
share. Following these transactions the beneficial shareholding of
Mr Chris Redford is 11,000 ordinary shares, being 0.1% of the
Company.
In total, 2,600 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 12,003,759. This number (12,003,759)
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 Chris Redford
--- ------------------------- ----------------------------------
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 2,000
------------------ ----------
1,892.5p 600
------------------ ----------
--- ------------------------- ----------------------------------
d) Aggregated information
N/A
- Aggregated volume
- Price
--- ------------------------- ----------------------------------
e) Date of the transaction 22nd May 2018
--- ------------------------- ----------------------------------
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) Date
--------- ---------- ----------
2,700p 536 22-May-18
--------- ---------- ----------
2,710p 500 22-May-18
--------- ---------- ----------
2,720p 387 22-May-18
--------- ---------- ----------
2,690p 827 24-May-18
--------- ---------- ----------
2,700p 150 24-May-18
--------- ---------- ----------
2,703.6p 200 24-May-18
--------- ---------- ----------
--- ------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume Aggregated volume: 2,600
Volume weighted average price:
- Price 2,702p
--- ------------------------- ------------------------------------
e) Date of the transaction 22nd and 24(th) May 2018
--- ------------------------- ------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ------------------------------------
Enquiries:
Anthony Coombs S&U plc c/c/o Newgate
Communications
Financial Public
Relations
Bob Huxford, James
Ash, Imogen Humphreys Newgate Communications 020 7653 9848
Broker
Adrian Trimmings,
Rishi Shah Peel Hunt LLP 020 7418 8900
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END
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