26th Sep 2017 10:26
blur Group plc
("blur" or the "Company")
Grant of Share Options
blur Group plc (LSE: BLUR) announces that, following the end of the period on publication of its interim results, it has granted share options to PDMRs as set out below:
Number of Options granted | Total Number of Options held following this grant | Total Number of Options held as % of issued share capital | |
Laurence Cook, Chief Executive Officer | 4,412,785 | 4,412,785 | 3.0% |
Mark O'Shea | 750,000 | 750,000 | 0.5% |
All Options are exercisable at a price of 4.375 pence, being the closing price on 20 September 2017, with 33.3% vesting at the end of each year for a period of three years. The options are exercisable once vested, for a 10 year period from the date of grant.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Laurence Cook | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | blur Group plc | ||||
b) | LEI | 213800TX3CITOTF2SE60 | ||||
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 | Share Options over Ordinary Shares of 1p each
ISIN for blur Group plc Ordinary Shares GB00B8DX2616 | ||||
b) | Nature of the transaction | Grant of share options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
| n/a | ||||
e) | Date of the transaction | 21 September 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mark O'Shea | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | blur Group plc | ||||
b) | LEI | 213800TX3CITOTF2SE60 | ||||
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 | Share Options over Ordinary Shares of 1p each
ISIN for blur Group plc Ordinary Shares GB00B8DX2616 | ||||
b) | Nature of the transaction | Grant of share options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
| n/a | ||||
e) | Date of the transaction | 21 September 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
For further information please contact:
Enquiries: | |
blur Group plc David Rowe (Chairman)
N+1 Singer (Nominated Adviser & Broker) Shaun Dobson James White
| +44 (0) 1392 927618
+44 (0)20 7496 3000 |
Related Shares:
MAIS.L