Benchmark Holdings PLC Director Share Options and Issue of Shares (9750Y)

TIDMBMK

RNS Number : 9750Y

Benchmark Holdings PLC

09 March 2017

9 March 2017

BENCHMARK HOLDINGS PLC

("Benchmark" or the "Company" or the "Group")

DIRECTOR SHARE OPTIONS AND ISSUE OF SHARES

Director share options

Benchmark Holdings plc announces that on 6 March 2017, and in accordance with the intention disclosed in its Annual Report and Accounts published on 24 January 2017, options over a total of 56,938 Ordinary Shares of 0.1 pence each ("Ordinary Shares") were granted to Mark Plampin, the Company's Chief Financial Officer under the Company Share Option Plan (CSOP) in respect of the 2016 deferred bonus. Following this grant, Mark Plampin remains interested in 536,686 Ordinary Shares and holds options over a total of 124,585 Ordinary Shares in the Company, representing approximately 0.1% and 0.02% of Benchmark's existing issued share capital respectively.

The options granted have a vesting period of three years, may be exercised up to the tenth anniversary of grant, have an exercise price of 0.1 pence per Ordinary Share and are not subject to performance criteria.

Notification and public disclosure of a transaction by a person discharging managerial responsibilities:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                             Mark Plampin 
---  -------------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status                  Executive Director 
---  -------------------------------  ----------------------------- 
 b)   Initial notification/Amendment   Initial 
---  -------------------------------  ----------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                             Benchmark Holdings 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                   0.1p ordinary shares 
       the financial 
       instrument, type                 ISIN: GB00BGHPT808 
       of instrument 
       Identification 
       code 
---  -------------------------------  ----------------------------- 
 b)   Nature of the                    Issue of share options under 
       transaction                      Company Share Option Plan 
                                        (CSOP) 
---  -------------------------------  ----------------------------- 
 c)   Price(s) and                      Exercise   Volume(s) 
       volume(s)                          price 
                                        ---------  ---------- 
                                         0.1p       56,938 
                                        ---------  ---------- 
---  -------------------------------  ----------------------------- 
 d)   Aggregated information 
       - Aggregated                      Volume: 56,938 
       volume                            Price: Nil 
       - Price 
---  -------------------------------  ----------------------------- 
 e)   Date of the transaction          6 March 2017 
---  -------------------------------  ----------------------------- 
 f)   Place of the                     AIM Market, London Stock 
       transaction                      Exchange 
---  -------------------------------  ----------------------------- 
 

Issue of shares and admission to trading

In addition, the Company announces that application has been made for the admission to trading of 25,811 Ordinary Shares pursuant to the exercise of employee options under its Employee Global Share Incentive Plan (SIP).

Application has been made for these shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 13 March 2017 and that dealings in the shares will commence at that time.

The Company's total issued share capital following the issue of the shares pursuant to the Global SIP will consist of 522,247,168 ordinary shares of 0.1 pence each with one voting right per share. The above figure of 522,247,168 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following Admission.

-Ends-

 
 
    For further information, please 
    contact: 
   Benchmark Holdings plc             Tel: [phone] 
   Malcolm Pye, CEO 
   Roland Bonney, COO 
   Rachel Aninakwah, Communications 
 
   Numis                              Tel: [phone] 
   Michael Meade / Freddie Barnfield 
    (NOMAD) 
   James Black (Corporate Broking) 
 
   Tavistock                          Tel: [phone] 
   Niall Walsh / Sophie Praill 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 09, 2017 03:44 ET (08:44 GMT)