We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Fletcher King | AQSE:FLK.GB | Aquis Stock Exchange | Ordinary Share | GB0003425310 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 42.50 | 40.00 | 45.00 | 42.50 | 42.50 | 42.50 | 0.00 | 06:55:34 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFLK
RNS Number : 0376O
Fletcher King PLC
05 October 2021
5 October 2021
Fletcher King plc
("Fletcher King" or "the Company")
Grant of Share Options
The Board of Fletcher King PLC (AIM: FLK) announces that, further to the announcement of 19 October 2016 regarding the introduction of a new Enterprise Management Incentive plan and the announcement of 28 April 2020 regarding the surrender of options, the remuneration committee has today awarded a total of 920,000 options over ordinary shares of 10 pence each in the Company ("Ordinary Shares") to certain Directors, PDMRs and employees (the "Options"). The Options were granted under the rules of the Company's EMI scheme.
The Options are exercisable at the closing mid-market price of Ordinary Shares ("Market Value") as at 4 October 2021, being 50 pence per Ordinary Share (the "Exercise Price").
The Options are ordinarily exercisable after a minimum period of five years and conditional on the Market Value of an Ordinary Share at the exercise date having been, for the immediately preceding period of 30 trading days, at least 20% higher than the Market Value of a Share at the date of grant. The Options expire on the tenth anniversary of grant if not exercised.
The Directors and PDMRs who have been awarded Options are as follows:
Name Position/PDMR Number of Options granted Robert Dickman Executive Director 250,000 -------------------- ------------------ Paul Andrews Managing Director 250,000 -------------------- ------------------ Peter Bailey Finance Director 200,000 -------------------- ------------------ Paul Morris PDMR 100,000 -------------------- ------------------
In aggregate, the 800,000 Options granted to the Directors and PDMRs represent approximately 8.69 per cent. of the current issued share capital of the Company.
In addition, a further 120,000 Options were awarded to certain employees of the Company, on the same terms as above.
Following the grant of the Options, the total number of Ordinary Shares outstanding under option arrangements is 920,000 representing approximately 9.99 per cent. of the Company's issued share capital.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
Enquiries
Fletcher King plc
David Fletcher / Peter Bailey
Tel: 0207 493 8400
Cairn Financial Advisers LLP
James Caithie / Liam Murray
Tel: 020 7213 0880
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 Details of the person discharging managerial responsibilities/person closely associated Name a) Robert Dickman b) Paul Andrews c) Peter Bailey d) Paul Morris ------------------------------------------------------ Reason for notification ------------------------------------------------------ Position/Status a) Executive Director b) Managing Director c) Finance Director d) Director of subsidiary company ------------------------------------------------------ Initial notification/ Initial Amendment ------------------------------------------------------ Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Name Fletcher King plc ------------------------------------------------------ LEI 21380047ETCYL7UA8W49 ------------------------------------------------------ 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 Description of Options over ordinary shares of 10p each the financial instrument, type of instrument GB0003425310 Identification Code ------------------------------------------------------ Nature of the Grant of Options to subscribe for ordinary transaction shares ------------------------------------------------------ Price(s) and Price(s) Volume(s) volume(s) a) 50p a) 250,000 b) 50p b) 250,000 c) 50p c) 200,000 d) 50p d) 100,000 ---------- ------------ Aggregated information - Aggregated Volume 800,000 - Price 50p ------------------------------------------------------ Date of the transaction 5 October 2021 ------------------------------------------------------ Place of the UK transaction ------------------------------------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHEAXESEEEFFEA
(END) Dow Jones Newswires
October 05, 2021 03:01 ET (07:01 GMT)
1 Year Fletcher King Chart |
1 Month Fletcher King Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions