6th Aug 2013 15:56
Portmeirion Group PLC
(the "Company")
Deferred Incentive Share Option Grants
The Company announces that on 6 August 2013, the following Directors exercised options under The Portmeirion Group 2010 Deferred Incentive Share Option Plan (the "Plan") to subscribe for a total of 21,404 ordinary shares of 5p each in the Company ("Ordinary Shares") as detailed below:
Number of options exercised | Total exercise price | |
Lawrence Bryan | 13,654 | £1 |
Brett Phillips | 7,750 | £1 |
Accordingly,the Company has transferred 21,404 Ordinary Shares from shares held in treasury by the Company in respect of the exercises.
Application has been made for 21,404 Ordinary Shares to be admitted to trading on AIM and trading of these shares is expected to commence on 13 August 2013.
The total number of Ordinary Shares which the Director holds following this notification (including the shares above) is:
Total number Ordinary Shares held | % of issued share capital | |
Lawrence Bryan | 320,177 | 3.00% |
Brett Phillips | 99,807 | 0.94% |
The total number of Ordinary Shares now held by the Company in treasury is 302,620. The Company has 10,972,154 Ordinary Shares in issue and 10,669,534 Ordinary Shares with voting rights following this notification.
ENQUIRIES:
Portmeirion Group PLC: | ||
Dick Steele Non-executive Chairman | +44 (0) 1782 744 721 | |
Bell Pottinger Pelham | ||
Dan de Belder | +44 (0) 207 861 3881 | |
Julia Hanrahan | +44 (0) 207 861 3982 | jhanrahan@bell-pottinger.com |
Panmure Gordon (Nominated Adviser and Broker) | +44 (0) 207 886 2500 | |
Freddy Crossley / Nicola Marrin | Corporate Finance | |
Adam Pollock / Victoria Boxall | Corporate Broking | |
Related Shares:
Portmeirion