2nd Nov 2017 12:35
2 November 2017
Footasylum plc
("Footasylum" or the "Company")
Grant of options under the Footasylum plc Long Term Incentive Plan (the "LTIP")
On 2 November 2017, following the admission of the Company's ordinary shares of £0.001 each ("Ordinary Shares") to trading on AIM (and as indicated in the Company's Admission Document), the Remuneration Committee of the Company's Board granted awards (structured as options to acquire Ordinary Shares) over a total of 1,829,267 Ordinary Shares to five employees of the Company pursuant to the LTIP.
Each of these awards has been granted with an exercise price of £0.001 per Ordinary Share. Subject to the rules of the LTIP, these awards will normally become capable of exercise on 2 November 2020, being the third anniversary of the date of grant.
Included in the above total is an award over 609,756 Ordinary Shares to Danielle Davies, the Chief Financial Officer and a Director of the Company, Jack Spellacy (Buying and Merchandising Director) and Matthew Parrish (Operations Director), both of whom are persons discharging managerial responsibilities (PDMR) in the Company, have received awards over 853,658 Ordinary Shares and 121,951 Ordinary Shares respectively.
The Company's Admission Document can be found at http://investors.footasylum.com/
Enquiries:
| |
Footasylum Nancy Kelsall (Company Secretary)
| Tel: +44 (0) 1706 746 777 |
GCA Altium Limited (Financial Adviser & Nominated Adviser) Phil Adams Sam Fuller Tim Richardson
| Tel: +44 (0) 20 7484 4040 |
Liberum Capital Limited (Broker) John Fishley Jill Li Lucy Sharma
| Tel: +44 (0) 20 3100 2222 |
Powerscourt (Financial Public Relations) Rob Greening Lisa Kavanagh Isabelle Saber
| Tel: +44 (0) 207 250 1446 |
The Company publicly discloses the following PDMR notifications pursuant to the EU Market Abuse Regulations:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Danielle Davies | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer / Director and PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Footasylum plc | ||||
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
GB00BYPHD607
| ||||
b)
| Nature of the transaction
| Grant of an award structured as an option to acquire Ordinary Shares made pursuant to the Footasylum plc Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2 November 2017 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jack Spellacy | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Buying and Merchandising Director / PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Footasylum plc | ||||
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
GB00BYPHD607
| ||||
b)
| Nature of the transaction
| Grant of an award structured as an option to acquire Ordinary Shares made pursuant to the Footasylum plc Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2 November 2017 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Matthew Parrish | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Operations Director / PDMR | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Footasylum plc | ||||
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
GB00BYPHD607
| ||||
b)
| Nature of the transaction
| Grant of an award structured as an option to acquire Ordinary Shares made pursuant to the Footasylum plc Long Term Incentive Plan
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||
e)
| Date of the transaction
| 2 November 2017 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Related Shares:
FOOT.L