FW Thorpe Plc
("FW Thorpe" or the
"Company")
Exercise of Share Options, PDMR Dealing,
Transaction in Own Shares and Total Voting Rights
FW Thorpe announces that it was notified that
on 12 July certain Directors, of the Company exercised share
options ("Share Options") over 20,000 ordinary shares of 1 pence
each in the Company ("Ordinary Shares") at a price of 124 pence per
Ordinary Share. To satisfy the exercise of the Share Options
20,000 existing Ordinary Shares have been transferred out of
treasury.
The Share Options were granted in 2014 under
the Company's Executive Share Option Plan and became exercisable on
30 September 2020 following the satisfaction of performance
conditions relating to the Company's earnings per Ordinary
Share.
Details of those Directors who participated in
the exercise of Share Options are as follows:
|
Name of
Director
|
Number of
|
|
|
|
Share Options
exercised
|
Ordinary Shares
sold
|
Resultant interest in
Ordinary Shares
|
Resultant interest in
Ordinary Shares (%)
|
|
Craig Muncaster
|
20,000
|
Nil
|
160,000
|
0.14%
|
Total voting rights
The share capital of the Company comprises
118,935,590 Ordinary Shares. Following the exercise of the
Share Options referred to above, the Company holds 1,593,682
Ordinary Shares in treasury. Therefore, the total number of voting
rights in the Company is 117,341,908. This figure of
117,341,908 may be used by the Company's shareholders as the
denominator for the calculation by which they will determine
whether they are required to notify their interest in, or a change
to their interest in, the share capital of FW Thorpe under the
DTRs.
For further information, please
contact:
FW Thorpe
Plc
Mike Allcock - Non-Executive
Chairman
Tel: 01527 583200
Craig Muncaster - Chief Executive and Financial
Director
Singer Capital
Markets - Nominated
Adviser
James Moat/Sam
Butcher
Tel: 020 7496 3000
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
Craig Muncaster
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Joint Chief Executive, Group
Financial Director and Company Secretary (PDMR)
|
|
b)
|
Initial notification /Amendment
|
Initial Notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
FW Thorpe plc
|
|
b)
|
LEI
|
2138007NXVPPRAXXHT76
|
|
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 instrument, type
of instrument
Identification code
|
Ordinary shares of 1p each
ISIN Code: GB00BC9ZLX92
|
|
b)
|
Nature of the transaction
|
Exercise of options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s):
|
Volume(s):
|
|
124 pence each
|
20,000 options exercised
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
12 July 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange,
AIM
|
