⌘K
t
| Date | 6 Oct 2021 |
| Time | 13:24:35 |
| Category | Director/PDMR dealings |
| ID | 2365O |
6 October 2021
THE PEBBLE GROUP PLC
(the "Company")
Grant of Options under 2021 Sharesave Plan
and
Notification of transactions by PDMRs
The Pebble Group plc (AIM: PEBB), a leading provider of technology, services and products to the global promotional products industry, announces that on 6 October 2021 the Company granted options to employees under its Sharesave Plan and its sub-plan, the International Sharesave Plan (together the "Sharesave Plan").
All employees of the Company and its subsidiaries based in the UK, US and Canada (including executive directors) as at 14 September 2021 (the "Eligible Employees") were invited to participate in the Sharesave Plan.
Eligible Employees were invited to subscribe for options over the Company's ordinary shares of 1 pence each ("Shares") with an exercise price of 122 pence per Share ("Options"). This represents a 20% discount to the closing market price of 152.50 pence per Share on 13 September 2021, being the trading day before the invitation for Eligible Employees to participate was made. The Options are exercisable at the end of a three year savings period.
A total of 175 elected to participate in the Sharesave Plan representing approx. 46% of total Eligible Employees. Including and pursuant to these elections, options over a total of 937,223 Shares have been granted representing 0.56% of the Company's current issued share capital. This includes the following Persons Discharging Managerial Responsibilities ("PDMR") who have elected to participate in the Sharesave Plan and are included in the total figures above:
|
PDMR |
Number of shares under Option |
|
Christopher Lee |
14,754 |
|
Claire Thomson |
14,754 |
|
Louisa Hesketh |
14,754 |
|
Ashley McCune |
12,778 |
|
Karl Whiteside |
5,324 |
Following the Sharesave Plan grants to Eligible Employees including PDMRs, the Company will have total options outstanding over 3,058,686 Shares, representing 1.83% of the Company's issued share capital.
The information set out below is provided in accordance with the requirements of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
(a) |
Name |
1. Christopher Lee 2. Claire Thomson 3. Louisa Hesketh 4. Ashley McCune 5. Karl Whiteside
|
||||||
|
2 |
Reason for the notification |
|||||||
|
(a) |
Position/status |
1. Chief Executive Officer 2. Chief Financial Officer 3. Group Financial Controller 4. President, Facilisgroup 5. Group MD, Brand Addition |
||||||
|
(b) |
Initial notification/Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
(a) |
Name |
The Pebble Group plc |
||||||
|
(b) |
LEI |
213800LZUQAYBHDEQY04 |
||||||
|
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 1 pence each ISIN GB00BK71XP16 PEBB.L
|
||||||
|
(b) |
Nature of the transaction |
Grant of options |
||||||
|
(c) |
Price(s) and volume(s) |
|
||||||
|
(d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||||
|
(e) |
Date of the transaction |
6 October 2021 |
||||||
|
(f) |
Place of the transaction |
Outside a trading venue |
||||||
Enquiries
|
The Pebble Group plc Chris Lee, Chief Executive Officer Claire Thomson, Chief Financial Officer
|
+44 (0) 161 786 0415 |
|
Grant Thornton UK LLP (Nominated Adviser) Samantha Harrison / Harrison Clarke / Lukas Girzadas
|
+44 (0) 20 7184 4384 |
|
Berenberg (Corporate Broker) Chris Bowman / Jen Clarke / Arnav Kapoor
|
+44 (0) 20 3207 7800 |
|
Belvedere Communications (Financial PR) Cat Valentine Keeley Clarke
|
thepebblegrouppr@belvederepr.com +44 (0) 7715 769 078 +44 (0) 7967 816 525
|
About The Pebble Group plc - www.thepebblegroup.com
The Pebble Group is a provider of technology, services and products to the global promotional products industry, comprising two differentiated businesses, focused on specific areas of the promotional products market:
Facilisgroup - www.facilisgroup.com
Facilisgroup focuses on supporting the growth of mid-sized Promotional Product businesses in North America by providing a technology platform, which enables those businesses to benefit from significant business efficiency and gain meaningful supply chain advantage from the ability to purchase from quality suppliers under preferred terms.
Brand Addition - www.brandaddition.com
Brand Addition focuses upon providing promotional products and related services under contract to some of the world's most recognisable brands. Its largest contracts are valued in the millions of pounds with the products and services supplied being used for brand building, customer engagement and employee rewards. Working in close collaboration with its clients, Brand Addition designs products and product ranges, hosts client-branded global web stores and provides international sourcing and distribution solutions.
We categorise our revenues into two divisions, Corporate Programmes, that supports our clients' general marketing activities, and Consumer Promotions, that supports our clients in driving their own sales volumes.