James Latham plc
("James Latham" or "the Company")
Grant of Options and PDMR Dealings
The Company announces that, on 9 January 2020, the Trustees of the Company's CSOP scheme issued 2,121 shares to certain PDMRs of the Company under the 2014 CSOP scheme at a price of 565p per share. The resulting shareholdings are shown in the table below.
PDMR |
CSOP |
Resultant Shareholding |
Resultant Total Voting |
Nick Latham |
707 |
638,062 |
3.21% |
David Dunmow |
707 |
136,288 |
0.69% |
Piers Latham |
707 |
635,237 |
3.19% |
The Company also announces that on 2 January 2020, it issued 193,215 options under the James Latham plc Save as You Earn Scheme at a price of 727p per share. The options can be exercised between 1 March 2023 and 1 September 2023. Included in this are the following options allocated to PDMRs:
PDMR |
Options granted |
Nick Latham |
2,475 |
David Dunmow |
2,475 |
Piers Latham |
2,475 |
Andrew Wright |
1,237 |
For further information please visit www.lathams.co.uk or contact:
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
James Latham plc |
Tel: 01442 849 100 |
Nick Latham, Chairman |
|
David Dunmow, Finance Director |
|
|
|
SP Angel Corporate Finance LLP |
|
Matthew Johnson / Charlie Bouverat (Corporate Finance) |
Tel: 0203 470 0470 |
Abigail Wayne (Corporate Broking) |
|
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Grant of options:
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
1. |
Nick Latham |
2. |
David Dunmow |
3. |
Piers Latham |
|
2 |
Reason for the notification |
a) |
Position/status |
1. |
Chairman |
2. |
Finance Director |
3. |
Executive Director |
|
b) |
Initial notification /Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
James Latham plc |
b) |
LEI |
2138008M4LVEDHBPBU41 |
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 |
Ordinary shares of 25p each |
|
|
Identification code |
GB00B04NP100 |
|
|
b) |
Nature of the transaction |
Issue of shares under Company CSOP scheme |
c) |
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
1. |
565.0 p |
2. |
565.0 p |
3. |
565.0 p |
|
|
|
|
|
|
|
|
d) |
Aggregated information |
|
|
|
- Aggregated volume |
As above |
|
|
- Price |
|
|
|
e) |
Date of the transaction |
09 January 2020 |
f) |
Place of the transaction |
Outside a trading venue |
Issue of options:
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
1. |
Nick Latham |
2. |
David Dunmow |
3. |
Piers Latham |
4. |
Andrew Wright |
|
2 |
Reason for the notification |
a) |
Position/status |
1. |
Chairman |
2. |
Finance Director |
3. |
Executive Director |
4. |
Managing Director |
|
b) |
Initial notification /Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
James Latham plc |
b) |
LEI |
2138008M4LVEDHBPBU41 |
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 |
Ordinary shares of 25p each |
|
|
Identification code |
GB00B04NP100 |
|
|
b) |
Nature of the transaction |
Grant of options under Company Save as You Earn Scheme |
c) |
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
1. |
727.0 p |
2. |
727.0 p |
3. |
727.0 p |
4. |
727.0 p |
|
1. |
2,475 |
2. |
2,475 |
3. |
2,475 |
4. |
1,237 |
|
|
|
|
|
|
|
d) |
Aggregated information |
|
|
|
- Aggregated volume |
As above |
|
|
- Price |
|
|
|
e) |
Date of the transaction |
02 January 2020 |
f) |
Place of the transaction |
Outside a trading venue |
