21st Sep 2016 12:19
21 September 2016
C H Bailey Plc
Issuance of treasury shares and Director dealing
Posting of Annual Report
C H Bailey Plc ("the Company" of "the Group"), the diverse group of businesses, with investments and operations around the world in Leisure, Property principally in Tanzania and Malta and a UK engineering business, announces that it has today issued a total of 10,863 ordinary shares of 10p each held in treasury ("Treasury Shares") to Directors in lieu of cash fees payable ("Remuneration Shares").
The Remuneration Shares have been granted to certain Directors in lieu of fees. The Remuneration Shares were priced at 115p per ordinary share, being the closing mid market price on 20 September 2016.
The interests held by the relevant Directors following the above movements in shares are tabled below:-
|
| ||||
Director | Number of Remuneration Shares | New Holding | Percentage of issued share capital | Date of issue | Date notified |
Sir William McAlpine | 2,869 | 35,500 | 0.43% | 21/09/16 | 21/09/16 |
David Wilkinson | 5,536 | 11,666 | 0.14% | 21/09/16 | 21/09/16 |
Christopher Fielding | 2,458 | 12,386 | 0.18% | 21/09/16 | 21/09/16 |
Total | 10,863 |
| 0.75% |
|
|
Following the Remuneration Shares transfer, the total number of issued ordinary shares in the Company is 8,335,413 of which 693,648 are held as Treasury Shares.
The number of voting rights in the Company is therefore 7,641,765. This figure should be used by shareholders as the denominator in the calculation of their interest in the Company.
The Remuneration Shares to be released from treasury have already been admitted to trading on AIM and no further application is necessary.
Posting of Annual Report to shareholders
The Company also confirms that the full Annual Report & Financial Statements was posted to shareholders prior to the Company's AGM and is available on the Company's website: www.chbaileyplc.co.uk.
Further information:
Bryan Warren, Company Secretary
C H Bailey Plc
Tel: 01633 262961
James Felix, Ciaran Walsh
Arden Partners plc
Tel: 020 7614 5900
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Sir William McAlpine | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-executive director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| C.H. Bailey plc | ||||
b)
| LEI
| N/a | ||||
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 10p each
ISIN : GB00B6SCF932
| ||||
b)
| Nature of the transaction
| Issuance of treasury stock in lieu of cash fees payable | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A (Single transaction)
| ||||
e)
| Date of the transaction
| 21 September 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| David Wilkinson | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chairman | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| C.H. Bailey plc | ||||
b)
| LEI
| N/a | ||||
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 10p each
ISIN : GB00B6SCF932
| ||||
b)
| Nature of the transaction
| Issuance of treasury stock in lieu of cash fees payable | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A (Single transaction)
| ||||
e)
| Date of the transaction
| 21 September 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Christopher Fielding | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-executive director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| C.H. Bailey plc | ||||
b)
| LEI
| N/a | ||||
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 10p each
ISIN : GB00B6SCF932
| ||||
b)
| Nature of the transaction
| Issuance of treasury stock in lieu of cash fees payable | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A (Single transaction)
| ||||
e)
| Date of the transaction
| 21 September 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
Related Shares:
C.H. Bailey Plc