We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| 1pm Plc | LSE:OPM | London | Ordinary Share | GB00BCDBXK43 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 24.00 | 23.50 | 24.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMOPM
RNS Number : 1335K
1PM PLC
05 July 2017
5 July 2017
1pm plc
(the "Group" or the "Company")
Conditional awards under the Group's Long Term Incentive Plan ("LTIP")
Further to the announcement on 18 May 2017 and the circular sent to shareholders on that date, which set out details of the 1pm plc LTIP, and the announcement on 7 June 2017 confirming the passing of the resolution by shareholders to approve the LTIP, 1pm announces the award of 7,900,000 conditional share options. The vesting of these share options is conditional upon achievement of certain market-based and service-based performance conditions. If all such share options are ultimately vested and exercised, then the awards would represent approximately 7.75% of the fully diluted share capital of the Company. These awards, together with existing share options, if all exercised, would represent 8.17% of the fully diluted share capital of the Company.
Under the terms of the LTIP, the share options vest proportionately based on the quoted price of the Company's shares in the range from 60 pence to 110 pence per share. Irrespective of this market-based performance condition, no vested share options may be exercised unless the recipient completes three years' service as an employee from the date of the award.
Following exercise, orderly market restrictions apply for a further twelve months. However, subject to such orderly market and closed period restrictions, the sale of shares issued pursuant to exercise will be permitted to meet individual income tax and National Insurance liabilities arising. In addition all recipients will be required to meet the cost of the Company's National Insurance liability arising. Under the terms of the LTIP, the conditional share options are nil-cost to the recipient. The total aggregate value that may ultimately accrue to the recipients of the awards may not, however, exceed 15% of the total aggregate increase in value attributable to all shareholders, measured from a starting price of 55 pence per share.
The awards are as follows:
Hot Features
Premium
Number
of existing
vested Number Resultant
options of new total number
Director held LTIP awards of options
Ian Smith 64,167 2,833,333 2,897,500
Mike Nolan 76,153 1,666,667 1,742,820
James
Roberts - 833,333 833,333
Edward
Rimmer - 1,666,667 1,666,667
PDMR
Jason
Davies - 150,000 150,000
Michaela
Dodd 1,766 150,000 151,766
Peter
Nolan - 150,000 150,000
Junior
management
Managers 1,766 450,000 451,766
Total 143,852 7,900,000 8,043,852
For further information,
please contact:
1pm plc
Ian Smith, Chief Executive
Officer 01225 474230
James Roberts, Chief
Financial Officer 01225 474230
Cenkos (NOMAD)
Max Hartley, Harry
Pardoe (NOMAD), Julian
Morse (Sales) 0207 397 8900
Walbrook PR 0117 985 8989
Paul Vann 07768 807631
paul.vann@walbrookpr.com
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Ian Smith
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Chief Executive Officer
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name 1pm plc
--- ------------------------- -------------------------------
b) LEI N/a
--- ------------------------- -------------------------------
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 Ordinary Shares of 10p each
the financial
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of conditional share
transaction options
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
Nil pence 2,833,333
----------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 2,833,333 Ordinary Shares
- Price Nil pence per Ordinary Share
--- ------------------------- -------------------------------
e) Date of the transaction 28 June 2017
--- ------------------------- -------------------------------
f) Place of the transaction N/a
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Mike Nolan
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Chief Risk Officer
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name 1pm plc
--- ------------------------- -------------------------------
b) LEI N/a
--- ------------------------- -------------------------------
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 Ordinary Shares of 10p each
the financial
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
Nil pence 1,666,667
----------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 1,666,667 Ordinary Shares
- Price Nil pence per Ordinary Share
--- ------------------------- -------------------------------
e) Date of the transaction 28 June 2017
--- ------------------------- -------------------------------
f) Place of the transaction N/a
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name James Roberts
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Chief Financial Officer
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name 1pm plc
--- ------------------------- -------------------------------
b) LEI N/a
--- ------------------------- -------------------------------
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 Ordinary Shares of 10p each
the financial
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
Nil pence 833,333
----------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 833,333 Ordinary Shares
- Price Nil pence per Ordinary Share
--- ------------------------- -------------------------------
e) Date of the transaction 28 June 2017
--- ------------------------- -------------------------------
f) Place of the transaction N/a
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Edward Rimmer
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Managing Director, Commercial
Finance Division
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name 1pm plc
--- ------------------------- -------------------------------
b) LEI N/a
--- ------------------------- -------------------------------
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 Ordinary Shares of 10p each
the financial
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
Nil pence 1,666,667
----------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 1,666,667 Ordinary Shares
- Price Nil pence per Ordinary Share
--- ------------------------- -------------------------------
e) Date of the transaction 28 June 2017
--- ------------------------- -------------------------------
f) Place of the transaction N/a
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Jason Davies
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status General Manager
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name 1pm plc
--- ------------------------- -------------------------------
b) LEI N/a
--- ------------------------- -------------------------------
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 Ordinary Shares of 10p each
the financial
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
Nil pence 150,000
----------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 150,000 Ordinary Shares
- Price Nil pence per Ordinary Share
--- ------------------------- -------------------------------
e) Date of the transaction 28 June 2017
--- ------------------------- -------------------------------
f) Place of the transaction N/a
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Michaela Dodd
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status General Manager
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name 1pm plc
--- ------------------------- -------------------------------
b) LEI N/a
--- ------------------------- -------------------------------
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 Ordinary Shares of 10p each
the financial
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
Nil pence 150,000
----------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 150,000 Ordinary Shares
- Price Nil pence per Ordinary Share
--- ------------------------- -------------------------------
e) Date of the transaction 28 June 2017
--- ------------------------- -------------------------------
f) Place of the transaction N/a
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Peter Nolan
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status General Manager
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name 1pm plc
--- ------------------------- -------------------------------
b) LEI N/a
--- ------------------------- -------------------------------
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 Ordinary Shares of 10p each
the financial
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of share options
transaction
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
Nil pence 150,000
----------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume 150,000 Ordinary Shares
- Price Nil pence per Ordinary Share
--- ------------------------- -------------------------------
e) Date of the transaction 28 June 2017
--- ------------------------- -------------------------------
f) Place of the transaction N/a
--- ------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHOKQDBNBKBOOK
(END) Dow Jones Newswires
July 05, 2017 07:00 ET (11:00 GMT)
1 Year 1pm Chart |
1 Month 1pm 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
