5th May 2017 15:38
For release on 5 May 2017
Utilitywise plc
("Utilitywise" or the "Company")
Director Dealing
Utilitywise plc (AIM: UTW), a leading independent utility cost management consultancy, has been notified that on 5 May 2017 Brendan Flattery, Chief Executive Officer, was granted an option over 13,432 ordinary shares of 0.1 pence each in the capital of the Company ("Shares") under the Utilitywise Savings Related Share Option Scheme (the "Sharesave Scheme").
The Sharesave Scheme, which is an HMRC-approved, equity-settled SAYE share option plan for employees, was established in 2012. The 2017 grant, which is over a total of 1,545,758 shares, has a three-year vesting period and an exercise price of £1.34 per share. On exercise it is intended that the options will be satisfied by existing shares.
The Company was notified of the above transaction on 5 May 2017.
For further information please contact:
Utilitywise PLC | 0330 303 0233 |
Brendan Flattery (CEO) |
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Richard Laker (CFO) |
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finnCap (NOMAD and broker) | 020 7220 0500 |
Matt Goode/ Henrik Persson (Corporate Finance) |
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Simon Johnson (Corporate Broking) Liberum (Joint broker) |
020 3100 2000 |
Robert Morton/ Steve Pearce |
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Redleaf Communications | 020 7382 4730 |
Rebecca Sanders-Hewett/ David Ison/ Susie Hudson |
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About Utilitywise
Utilitywise is a leading independent utility cost management consultancy. The Group has established trading relationships with a number of major UK and European energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and a lower carbon footprint.
Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.
Details of the full notification received by the Company are set out below:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Brendan Flattery |
2. | Reason for the Notification | |
a) | Position/status | Chief Executive Officer |
b) | Initial notification/Amendment | Initial |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Utilitywise plc |
b) | LEI |
213800LANUBGRXVGTN41
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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 | Ordinary shares of 0.1 pence each in Utilitywise plc |
Identification code | GB00B6WVD707 | |
b) | Nature of the transaction | Grant of options over Ordinary shares |
c) | Price(s) and volume(s) | 13,432 options over Ordinary shares |
d) | Aggregated information: | 13,432 options over Ordinary share granted at an exercise price of £1.34 per Ordinary share subject to a three year vesting period. |
e) | Date of the transaction | 5 May 2017 |
f) | Place of the transaction | Outside a trading venue |
Related Shares:
Utilitywise