7th Sep 2015 09:30
Notification of Transactions of Directors / Persons Discharging Managerial Responsibility and Connected Persons
1. | Name of the issuer
EXOVA GROUP PLC
| 2. | State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code
(i) ABOVE
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3. | Name of person discharging managerial responsibilities/director
JOHN WILLOX
| 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
|
5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1
NOTIFICATION IS IN RESPECT OF A HOLDING OF PERSON REFERRED TO IN SECTION 3 | 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares
ORDINARY SHARES
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7. | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
JOHN WILLOX
| 8 | State the nature of the transaction
EXERCISE OF OPTIONS
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9. | Number of shares, debentures or financial instruments relating to shares acquired
34,222 (GROSS - SEE ADDITIONAL INFORMATION AT ITEM 23 BELOW)
| 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.014%
|
11. | Number of shares, debentures or financial instruments relating to shares disposed
16,597 SHARES (SEE ADDITIONAL INFORMATION ATT ITEM 23 BELOW) | 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.007%
|
13. | Price per share or value of transaction
EXERCISE PRICE PER SHARE: NIL
SALE PRICE PER SHARE: £1.85
| 14. | Date and place of transaction
20 May 2015, London
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15. | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
218,828 ORDINARY SHARES (INCLUDING SHARES HELD BY SPOUSE) (0.087% TOTAL PERCENTAGE HOLDING) | 16. | Date issuer informed of transaction
21 May 2015 |
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
| |||
17 | Date of grant
N/A
| 18. | Period during which or date on which exercisable
N/A
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19. | Total amount paid (if any) for grant of the option
N/A
| 20. | Description of shares or debentures involved (class and number)
N/A
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21. | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
| 22. | Total number of shares or debentures over which options held following notification
N/A
|
23. | Any additional information
MR WILLOX ELECTED TO INSTRUCT THE SALE OF SUFFICIENT SHARES TO COVER INCOME TAX DUE AND COSTS ON EXERCISE OF OPTIONS.
TOTAL NUMBER OF SHARES ACQUIRED: 34,222
NUMBER OF SHARES SOLD TO COVER TAX/COSTS: 16,597
NET NUMBER RETAINED: 17,625
| 24. | Name of contact and telephone number for queries
NEIL MACLENNAN - COMPANY SECRETARY 0131 333 8053
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Name of authorised officer of issuer responsible for making notification
NEIL MACLENNAN - COMPANY SECRETARY
Date of notification - 7 SEPTEMBER 2015 | |||
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Related Shares:
EXO.L