Circle Holdings PLC Issue of Share Options to PDMR (0549K)

TIDMCIRC

RNS Number : 0549K

Circle Holdings PLC

16 September 2016

Circle Holdings plc

("Circle" or the "Company")

Issue of share options and PDMR dealing

16 September 2016

The Company today confirms that it has granted options ("Options") over 125,000 ordinary shares of GBP0.02 each in its share capital to Jacqueline Droogan, Head of Mobilisation, under the Company's Partnership Incentive Plan.

These Options vest, subject to the satisfaction of certain performance conditions, on 24 June 2018 and are exercisable for a period of five years from vesting. 62,500 Options are exercisable at GBP0.02 per share and 62,500 Options are exercisable at GBP0.50 per share.

Details of the PDMR Option awards are included in the disclosure notice below.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
              Details of the person discharging managerial 
               responsibilities / person closely associated 
-------  ----------------------------------------------------------- 
     a)       Name: Jacqueline Droogan 
-------  ----------------------------------------------------------- 
              Reason for notification 
-------  ----------------------------------------------------------- 
     a)       Position / status: Head of Mobilisation 
-------  ----------------------------------------------------------- 
     b)       Initial Notification / Amendment: Initial Notification 
-------  ----------------------------------------------------------- 
              Details of the issuer, emission allowance market 
               participant, auction platform, auctioneer or 
               auction monitor 
-------  ----------------------------------------------------------- 
     a)       Name: Circle Holdings plc 
-------  ----------------------------------------------------------- 
     b)       LEI: n/a 
-------  ----------------------------------------------------------- 
              Details of 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 GBP0.02 each. 
               Identification Code: JE00B4V99J57 
-------  ----------------------------------------------------------- 
     b)       Nature of the transaction: Grant of share options 
-------  ----------------------------------------------------------- 
     c)       Currency: GBP - British Pound 
-------  ----------------------------------------------------------- 
     d)       Price(s) and volume(s): 
                    Price(s)        Volume(s) 
               --------------  -------------- 
                    GBP0.02         62,500 
               --------------  -------------- 
                    GBP0.50         62,500 
               --------------  -------------- 
-------  ----------------------------------------------------------- 
     e)        Aggregated information: 
                 *    Aggregated volume: 125,000 
 
 
                 *    Aggregated exercise price: GBP32,500 
-------  ----------------------------------------------------------- 
     f)       Date of the transaction: 2016-09-14 
-------  ----------------------------------------------------------- 
     g)       Place of the transaction: XLON 
-------  ----------------------------------------------------------- 
 

For further information, please contact:

Circle Holdings plc Tel: [phone]

Steve Melton, Chief Executive Officer

Paolo Pieri, Chief Financial Officer

Elizabeth Matthews, Investor Relations Lead

Numis Securities Tel: [phone]

Michael Meade, Nominated Adviser

Alex Ham, Ben Stoop, Corporate Broking

This information is provided by RNS

The company news service from the London Stock Exchange

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September 16, 2016 04:50 ET (08:50 GMT)