1st Nov 2021 12:56
1 November 2021 |
CareTech Holdings PLC
("CareTech" or "the Group")
Exercise of Options, PDMR Dealings and Total Voting Rights
CareTech Holdings PLC (AIM: CTH), a pioneering provider of specialist social care and education services to adults and children in the UK, announces that it has allotted 8,975 new ordinary shares of 0.5 pence each ("Ordinary Shares") in the Company ("New Ordinary Shares) as the result of an exercise of options and subsequent sale of the shares by Tom Burford, Group Executive Director - Quality Improvement, a PDMR of the Company. Further details are included below. The nil-cost rollover options were issued to Mr Burford as part of the acquisition by the Company of Cambian Group Plc in October 2018.
Application has been made to the London Stock Exchange for 8,975 new Ordinary Shares to be admitted to trading on AIM ("Admission") and Admission is expected to occur on, or around, 2 November 2021. The new Ordinary Shares will rank pari passu with the existing ordinary shares in the Company.
Total voting rights
Following Admission, the Company's enlarged issued share capital will be 113,336,434 Ordinary Shares. The Company holds no Ordinary Shares in Treasury. This figure of 113,336,434 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
CareTech Holdings PLC Farouq Sheikh, Executive Chairman Christopher Dickinson, Group Finance Director | 01707 601800
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Consilium Strategic Communications Mary-Jane Elliott Chris Welsh Angela Gray | 020 3709 5700 |
Panmure Gordon (Nomad and Joint Broker) Emma Earl Freddy Crossley Charles Leigh-Pemberton | 020 7886 2500 |
Numis (Joint Broker) Jonathan Wilcox James Black Duncan Monteith | 020 7260 1000 |
About CareTech
CareTech Holdings PLC is a leading provider of specialist social care and education services, supporting around 4,500 adults and children with a wide range of complex needs in more than 550 residential facilities and specialist schools around the UK and employing approximately 10,000 staff.
Committed to the highest standards of care and care governance, CareTech provides its innovative care pathways covering; Adult learning disabilities and specialist services; Children's residential and education services; and foster care.
CareTech, which was founded in 1993, began trading on the AIM market of the London Stock Exchange in October 2005 under the ticker symbol CTH.
For further information please visit: www.caretech-uk.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities/person closely associated | |||||||||||
a) | Name: | Tom Burford
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2. | Reason for the notification | ||||||||||
a) | Position/status: | Group Executive Director - Quality Improvement
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b) | Initial notification/Amendment: | Initial notification | |||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name: | CareTech Holdings Plc | |||||||||
b) | LEI: | 213800HI1AZG2GLBYF65 | |||||||||
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 0.5 pence each GB00B0KWHQ09 | |||||||||
b) | Nature of the transaction: | Exercise of options over ordinary shares and sale of shares | |||||||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: |
n/a | |||||||||
e) | Date of the transaction: | 1 November 2021 | |||||||||
f) | Place of the transaction: | London Stock Exchange, AIM Market (XLON) | |||||||||
Related Shares:
CTH.L