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On 9 April 2026, James Halstead plc's Remuneration Committee granted a total of 280,000 share options to three Persons Discharging Managerial Responsibilities (PDMRs). Mark Halstead received 80,000 options, Gordon R Oliver received 100,000 options, and David W Drillingcourt received 100,000 options, all at an exercise price of 100p per share. Following this grant, the Company has 3,644,950 ordinary shares under option, representing 0.88% of its current issued share capital.
| Date | 9 Apr 2026 |
| Time | 17:32:14 |
| Category | Director/PDMR dealings |
| ID | 8920Z |
9 April 2026
James Halstead plc
("James Halstead" or the "Company")
PDMR Grant of Share Options
James Halstead plc (AIM: JHD) announces that in accordance with the rules of the James Halstead plc Long-term Incentive Plan 2024, the Remuneration Committee has granted 280,000 options to Persons Discharging Managerial Responsibilities ("PDMRs") as listed below.
|
PDMR |
Position |
Number of Options granted |
Exercise Price (p) |
Total No. of Options now held |
Total No. of Options held as percentage of current issued share capital |
|
|
Mark Halstead |
Group Executive Chairman |
80,000 |
100.00 |
460,000 |
0.110% |
|
|
Gordon R Oliver |
Group Chief Executive |
100,000 |
100.00 |
480,000 |
0.115% |
|
|
David W Drillingcourt |
Group Finance Director |
100,000 |
100.00 |
370,000 |
0.089% |
|
The date of the grant is 9 April 2026, and the period of exercise is between the third and tenth anniversary from the date of the grant. The vesting of the award is dependent upon the achievement of a performance criteria and is subject to the operation of Malus and Clawback provisions, as set out in the rules of the James Halstead plc Long-term Incentive Plan 2024.
Following the grant of the Options the total number of ordinary shares in the Company under option is 3,644,950 representing 0.88% of the current issued share capital.
The notification set out below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
1. Mark Halstead 2. Gordon Richard Oliver 3. David William Drillingcourt |
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2 |
Reason for the notification |
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a) |
Position/status |
Classified as PDMRs of the Company |
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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 |
James Halstead plc |
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|
b) |
LEI |
213800C8FFBYVO6UL498 |
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4
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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 5p each
GB00B0LS8535 |
|
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|
b) |
Nature of the transaction |
Grant of Share Options |
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c)
|
Price(s) and volume(s)
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|
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|
d) |
Aggregated information - Aggregated volume - Price |
280,000 100 p
|
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e) |
Date of the transaction |
9 April 2026 |
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f) |
Place of the transaction |
London Stock Exchange - AIM |
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Name of authorised official of issuer responsible for making notification:
David Fletcher, Company Secretary to James Halstead plc