Portmeirion Group PLC
(the "Company")
Deferred Incentive Share Option Grants & Exercises
The Company announces that on 15 April 2014, it granted options to Executive Directors over a total of 1,739 ordinary shares of 5 pence each in the Company ("Ordinary Shares") pursuant to The Portmeirion Group 2010 Deferred Incentive Share Option Plan (the "Plan"). The following Directors of the Company were granted options as detailed below:
|
Number of options granted |
Total exercise price |
Exercise period |
Philip Atherton |
392 |
£1 |
16 April 2017 - 14 July 2017 |
Lawrence Bryan |
833 |
£1 |
16 April 2017 - 14 July 2017 |
Brett Phillips |
509 |
£1 |
16 April 2017 - 14 July 2017 |
In addition, the Company announces that on 15 April 2014, the following Executive Directors exercised options which were granted on 14 April 2011 under the Plan to subscribe for a total of 18,232 Ordinary Shares as detailed below:
|
Number of options exercised |
Total exercise price |
Lawrence Bryan |
11,730 |
£1 |
Brett Phillips |
6,502 |
£1 |
Accordingly,the Company has transferred 18,232Ordinary Shares from shares held in treasury by the Company in respect of the exercises. Application has been made for 18,232 Ordinary Shares to be admitted to trading on AIM and trading of these shares is expected to commence on 24 April 2014.
The total number of Ordinary Shares which each Executive Director holds following this notification (including the shares above) is:
|
Total number Ordinary Shares held |
% of issued share capital |
Philip Atherton |
- |
- |
Lawrence Bryan |
331,907 |
3.11 |
Brett Phillips |
106,309 |
0.99 |
The total number of Ordinary Shares now held by the Company in treasury is 284,388. The Company has 10,972,154 Ordinary Shares in issue and 10,687,766 Ordinary Shares with voting rights following this notification.
ENQUIRIES:
Portmeirion Group PLC: |
Dick Steele Non-executive Chairman |
+44 (0) 1782 744 721 |
[email protected] |
|
|
Bell Pottinger |
|
|
Dan de Belder |
+44 (0) 207 861 3881 |
[email protected] |
Kashara Taylor |
+44 (0) 207 861 3032 |
[email protected] |
|
|
|
Panmure Gordon (Nominated Adviser and Broker) |
+44 (0) 207 886 2500 |
|
Freddy Crossley / Nicola Marrin |
|
Corporate Finance |
Adam Pollock |
|
Corporate Broking |
