Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Director/PDMR Shareholding

10th Apr 2019 16:46

RNS Number : 8153V
Low & Bonar PLC
10 April 2019
 

Low & Bonar PLC (the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated to them

The PDMR listed in the table below was granted options under the Low & Bonar 2018 Sharesave Scheme ("Sharesave") over fully paid up Ordinary Shares of 5 pence each in the Company. Further to the recent Placing and Open Offer and Firm Placing the number of options and the exercise price has been adjusted as per the Company's Sharesave scheme rules relating to capital reorganisations and approved by HM Revenue and Customs and the Company's Remuneration Committee.

 

The transaction notification for the affected PDMR can be found below. This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Philip de Klerk

2.

Reason for the notification

a.

Position/status

Group Chief Executive Officer

b.

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Low & Bonar PLC

b.

LEI

213800CALFKOEL7N7P1O

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 5p shares

 

ISIN: GB0005363014

 

b.

Nature of the transaction

Adjustment of Share Options under the Low & Bonar 2018 Sharesave Scheme following the Placing and Open Offer and Firm Placing

 

c.

Price(s) and volume(s)

Increase in shares subject to Options following adjustment

Adjusted Exercise Price

43,765

£0.41128

d.

Aggregated information

· Aggregated volume

· Price

n/a single transaction

 

e.

Date of the transaction

2019/04/10

f.

Place of the transaction

Outside a trading venue

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHUROVRKAASAAR

Related Shares:

LWB.L
FTSE 100 Latest
Value9,142.73
Change0.00