SHARE PLC PURCHASE OF PARTNERSHIP SHARES AND AWARDS OF MATCHING SHARES
Share plc (AIM:SHRE.LN) announces that the undermentioned directors of the Company on Friday 13 January purchased ordinary shares of 0.5 pence in the Company ("Ordinary Shares") at an allocation cost of 27.5 pence per share as "partnership shares" under the Company's Share Incentive Plan. These purchases were undertaken by the trustee of the Company's Share Incentive Plan, Sharesecure Ltd, a UK registered company, on behalf of these individuals and the shares were purchased in the open market. Allocation cost is calculated in accordance with HMRC SIP Rules and Guidance.
In connection with these purchases on the same date the directors were awarded Ordinary Shares as "matching shares" under the Company's Share Incentive Plan. No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.
The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the Partnership shares in connection with which they were awarded.
All the above transactions are summarised below:
Director | Partnership shares acquired | Matching shares awarded | Total holding following notification | % of current issued Ordinary Shares |
Richard Tolkien | 546 | 1,092 | 318,773 | 0.22 |
Richard Stone | 546 | 1,092 | 196,171 | 0.14 |
Francesca Ecsery | 545 | 1,090 | 57,794 | 0.04 |
Mike Birkett | 545 | 1,090 | 45,653 | 0.03 |
Gareth Thomas | 545 | 1,090 | 125,689 | 0.09 |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Richard Tolkien |
2 | Reason for the notification | |
a) | Position/status | Non-executive Director |
b) | Initial notification /Amendment | Initial Notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
Price(s) | Volume(s) |
£0.275 per share | 546 |
a) | Name | Share plc |
b) | LEI | 213800GEZ4DHXJKGPB78 |
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 Transaction 1 | |
a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF 0.5 PENCE EACH ISIN: GB0001977866 |
b) | Nature of the transaction | Purchase of partnership shares under the company's share incentive plan |
c) | Price(s) and volume(s) | |
d) | Aggregated information
| N/A - single transaction |
e) | Date of the transaction | 13/01/17 |
f) | Place of the transaction | London Stock Exchange XLON |
Transaction 2 | ||
a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF 0.5 PENCE EACH ISIN: GB0001977866 |
b) | Nature of the transaction | Award of matching shares under the company's share incentive plan |
c) | Price(s) and volume(s) | |
d) | Aggregated information
| N/A - single transaction |
e) | Date of the transaction | 13/01/17 |
f) | Place of the transaction | London Stock Exchange XLON |
Price(s) | Volume(s) |
0.00 | 1092 |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Richard Stone |
2 | Reason for the notification | |
a) | Position/status | Chief Executive |
b) | Initial notification /Amendment | Initial Notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Share plc |
Price(s) | Volume(s) |
£0.275 per share | 546 |
b) | LEI | 213800GEZ4DHXJKGPB78 |
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 Transaction 1 | |
a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF 0.5 PENCE EACH ISIN: GB0001977866 |
b) | Nature of the transaction | Purchase of partnership shares under the company's share incentive plan |
c) | Price(s) and volume(s) | |
d) | Aggregated information
| N/A - single transaction |
e) | Date of the transaction | 13/01/17 |
f) | Place of the transaction | London Stock Exchange XLON |
Transaction 2 | ||
a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF 0.5 PENCE EACH ISIN: GB0001977866 |
b) | Nature of the transaction | Award of matching shares under the company's |
Share plc published this content on 13 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 January 2017 13:05:09 UTC.
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