4th Dec 2020 11:03
4 December 2020
Augean plc ("Augean" or the "Company")
Exercise of options, PDMR dealing and total voting rights
Augean, one of the UK's leading specialist waste management businesses, announces that on 3 December 2020, Simon Gibb, Managing Director of Augean North Sea Services, exercised 132,287 options over ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares"), 82,287 of which he was awarded on 23 September 2014, and 50,000 of which he was awarded on 31 October 2016 under the Company's 2014 Long Term Incentive Plan. The Company therefore will issue and allot 132,287 new Ordinary Shares, all of which have been sold by Mr Gibb on 3 December 2020.
Application has been made to the London Stock Exchange for 132,287 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective at 8.00 a.m. on 9 December 2020.
Following Admission, the total number of Ordinary Shares in issue will be 104,693,201 and the total number of voting rights will therefore be 104,693,201. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
- Ends -
Enquiries:
Augean plc Jim Meredith, Executive Chairman Mark Fryer, Group Finance Director
| 01937 844 980 | |||||||
N+1 Singer Peter Steel Jen Boorer | 020 7496 3000 | |||||||
Details of the person discharging managerial responsibilities / person closely associated | ||||||||
a)
| Name
| Simon Gibb |
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2
| Reason for the notification
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a)
| Position/status
| Managing Director of Augean North Sea Services, PDMR |
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b)
| Initial notification /Amendment
| Initial Notification |
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3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| Augean plc |
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b)
| LEI
| 213800FX9OGD148QCP81 |
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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
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a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 10 pence each
GB00B02H2F76 |
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b)
| Nature of the transaction
| 1. Exercise of options 2. Sale of shares |
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c)
| Price(s) and volume(s)
1. Exercise of options 2. Sale of shares |
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d)
| Aggregated information
- Aggregated volume
- Price
| In respect of 1 and 2 in 4(c): N/A - single transactions |
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e)
| Date of the transaction
| 1. Exercise of options: 3 December 2020 2. Sale of shares: 3 December 2020 |
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f)
| Place of the transaction
| 1. Outside a trading venue; 2. London Stock Exchange, AIM Market (XLON) |
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Related Shares:
AUG.L