9th Jan 2020 16:36
James Latham plc
("James Latham" or "the Company")
Grant of Options and PDMR Dealings
The Company announces that, on 9 January 2020, the Trustees of the Company's CSOP scheme issued 2,121 shares to certain PDMRs of the Company under the 2014 CSOP scheme at a price of 565p per share. The resulting shareholdings are shown in the table below.
PDMR | CSOP | Resultant Shareholding | Resultant Total Voting |
Nick Latham | 707 | 638,062 | 3.21% |
David Dunmow | 707 | 136,288 | 0.69% |
Piers Latham | 707 | 635,237 | 3.19% |
The Company also announces that on 2 January 2020, it issued 193,215 options under the James Latham plc Save as You Earn Scheme at a price of 727p per share. The options can be exercised between 1 March 2023 and 1 September 2023. Included in this are the following options allocated to PDMRs:
PDMR | Options granted |
Nick Latham | 2,475 |
David Dunmow | 2,475 |
Piers Latham | 2,475 |
Andrew Wright | 1,237 |
For further information please visit www.lathams.co.uk or contact:
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
James Latham plc | Tel: 01442 849 100 |
Nick Latham, Chairman | |
David Dunmow, Finance Director | |
SP Angel Corporate Finance LLP | |
Matthew Johnson / Charlie Bouverat (Corporate Finance) | Tel: 0203 470 0470 |
Abigail Wayne (Corporate Broking) |
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Grant of options:
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
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2
| Reason for the notification
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a)
| Position/status
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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
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a)
| Name
| James Latham plc | ||||||||||||||
b)
| LEI
| 2138008M4LVEDHBPBU41 | ||||||||||||||
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 | Ordinary shares of 25p each
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Identification code | GB00B04NP100 | |||||||||||||||
b)
| Nature of the transaction
| Issue of shares under Company CSOP scheme | ||||||||||||||
c)
| Price(s) and volume(s) | |||||||||||||||
Price(s) | Volume(s) | |||||||||||||||
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d)
| Aggregated information | |||||||||||||||
- Aggregated volume | As above | |||||||||||||||
- Price | ||||||||||||||||
e)
| Date of the transaction
| 09 January 2020 | ||||||||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||||||||
Issue of options:
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
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2
| Reason for the notification
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a)
| Position/status
|
| ||||||||||||||||||
b)
| Initial notification /Amendment
| Initial Notification | ||||||||||||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||||||||
a)
| Name
| James Latham plc | ||||||||||||||||||
b)
| LEI
| 2138008M4LVEDHBPBU41 | ||||||||||||||||||
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 | Ordinary shares of 25p each
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Identification code | GB00B04NP100 | |||||||||||||||||||
b)
| Nature of the transaction
| Grant of options under Company Save as You Earn Scheme | ||||||||||||||||||
c)
| Price(s) and volume(s) | |||||||||||||||||||
Price(s) | Volume(s) | |||||||||||||||||||
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d)
| Aggregated information | |||||||||||||||||||
- Aggregated volume | As above | |||||||||||||||||||
- Price | ||||||||||||||||||||
e)
| Date of the transaction
| 02 January 2020 | ||||||||||||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||||||||||||
Related Shares:
Latham Timber