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 |
---|---|---|---|---|---|
Hardide Plc | LSE:HDD | London | Ordinary Share | GB00BJJPX768 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.25 | 6.00 | 6.50 | 6.25 | 6.25 | 6.25 | 94,496 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Coat,engrave,allied Svc, Nec | 5.5M | -1.12M | -0.0142 | -4.40 | 4.9M |
TIDMHDD
RNS Number : 3433H
Hardide PLC
16 August 2016
16 August 2016
Hardide plc
("Hardide" or "the Group" or "the Company")
Grant of Options
Hardide (AIM: HDD), the provider of advanced surface coating technology, announces that in order to continue to incentivise them appropriately, it has today granted share options to its Chairman, Chief Executive Officer, Finance Director and Technical Director under its Share Option Plan (the "New Options"). The New Options are over a total of 36,000,000 new Ordinary shares with a nominal value of 0.1p each in the capital of the Company ("Ordinary Shares") and at an exercise price of 0.8p each, that being the price of the Subscription previously announced on 9(th) August 2016. The New Options have been granted as follows:
Director New Options Total number Interest granted of options in existing following issued Ordinary the grant Shares of New Options -------------------------- ------------ ---------------- ----------------- Robert Goddard, Chairman 6,000,000 16,181,000 6,723,050 -------------------------- ------------ ---------------- ----------------- Philip Kirkham, Chief Executive Officer* 20,000,000 40,000,000 2,004,717 -------------------------- ------------ ---------------- ----------------- Peter Davenport, Finance Director* 3,500,000 12,351,000 4,376,667 -------------------------- ------------ ---------------- ----------------- Dr Yuri Zhuk, Technical Director* 6,500,000 18,351,000 6,281,132 -------------------------- ------------ ---------------- -----------------
*Executive Director
The New Options will, subject to the satisfaction of certain performance conditions, vest in full immediately once the Board has determined that such criteria have been met. In accordance with the scheme rules, the options must be exercised within ten years of being granted but will lapse if the vesting criteria are not met. For the avoidance of doubt these options will be granted only once and not in respect of each year in which the vesting criteria are met. In summary the vesting criteria are:
i) The Company is EBITDA positive in any one of the full financial years to 30th September of 2017, 2018 or 2019;
ii) The closing mid-market price of the Company's Ordinary Shares reaches 2.5p within twelve months of the relevant financial year end set out in point i) above; and
iii) Both of the criteria in i) and ii) above are met
The New Options will also vest in full in the event of a change of control.
In aggregate, the New Options represent 2.57% of the existing Ordinary share capital of the Company and following the grant of the New Options, the Company has a total of 116,759,600 unexercised options pursuant to its Share Option Plan. This amounts to approximately 8.34% of the existing issued Ordinary share capital of the Company of 1,400,691,804 shares.
The information in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
For further information: Hardide plc Tel: +44 (0) 1869 Philip Kirkham, CEO 353 830 Jackie Robinson, Communications Manager finnCap Tel: +44 (0)20 7220 Stuart Andrews / Grant 0500 Bergman / James Thompson
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. Details of the person discharging managerial responsibilities / person closely associated --- ------------------------------------------------------------------- a) Name Robert Goddard --- ------------------------------- ---------------------------------- 2. Reason for the Notification --- ------------------------------------------------------------------- a) Position/status Chairman --- ------------------------------- ---------------------------------- b) Initial notification/Amendment Initial Notification --- ------------------------------- ---------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------------------- a) Name Hardide 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 Options over ordinary shares the Financial of 0.1p each instrument, type of instrument --- Identification GB00B069T034 code --- ------------------------------- ---------------------------------- b) Nature of the Grant of Options transaction --- ------------------------------- ---------------------------------- c) Price(s) and Price(s) Volume(s) volume(s) ----------- ---------- 0.8 pence 6,000,000 ----------- ---------- --- ------------------------------- ---------------------------------- d) Aggregated information: * Aggregated volume 6,000,000 options over ordinary shares of 0.1 pence granted at 0.8 pence per ordinary * Price share --- ------------------------------- ---------------------------------- e) Date of the transaction 16 August 2016 --- ------------------------------- ---------------------------------- f) Place of the London Stock Exchange, AIM transaction Market --- ------------------------------- ----------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
5. Details of the person discharging managerial responsibilities / person closely associated --- -------------------------------------------------------------------- a) Name Philip Kirkham --- ------------------------------- ----------------------------------- 6. Reason for the Notification --- -------------------------------------------------------------------- a) Position/status Chief Executive Officer --- ------------------------------- ----------------------------------- b) Initial notification/Amendment Initial Notification --- ------------------------------- ----------------------------------- 7. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- -------------------------------------------------------------------- a) Name Hardide plc --- ------------------------------- ----------------------------------- b) LEI n/a --- ------------------------------- ----------------------------------- 8. 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 Options over ordinary shares the Financial of 0.1p each instrument, type of instrument --- Identification GB00B069T034 code --- ------------------------------- ----------------------------------- b) Nature of the Grant of Options transaction --- ------------------------------- ----------------------------------- c) Price(s) and Price(s) Volume(s) volume(s) ----------- ----------- 0.8 pence 20,000,000 ----------- ----------- --- ------------------------------- ----------------------------------- d) Aggregated information: * Aggregated volume 20,000,000 options over ordinary shares of 0.1 pence granted at 0.8 pence per ordinary * Price share --- ------------------------------- ----------------------------------- e) Date of the transaction 16 August 2016 --- ------------------------------- ----------------------------------- f) Place of the London Stock Exchange, AIM transaction Market --- ------------------------------- -----------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
9. Details of the person discharging managerial responsibilities / person closely associated ---- ------------------------------------------------------------------- a) Name Peter Davenport ---- ------------------------------- ---------------------------------- 10. Reason for the Notification ---- ------------------------------------------------------------------- a) Position/status Finance Director ---- ------------------------------- ---------------------------------- b) Initial notification/Amendment Initial Notification ---- ------------------------------- ---------------------------------- 11. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- ------------------------------------------------------------------- a) Name Hardide plc ---- ------------------------------- ---------------------------------- b) LEI n/a ---- ------------------------------- ---------------------------------- 12. 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 Options over ordinary shares the Financial of 0.1p each instrument, type of instrument ---- Identification GB00B069T034 code ---- ------------------------------- ---------------------------------- b) Nature of the Grant of Options transaction ---- ------------------------------- ---------------------------------- c) Price(s) and Price(s) Volume(s) volume(s) ----------- ---------- 0.8 pence 3,500,000 ----------- ---------- ---- ------------------------------- ---------------------------------- d) Aggregated information: * Aggregated volume 3,500,000 options over ordinary shares of 0.1 pence granted at 0.8 pence per ordinary * Price share ---- ------------------------------- ---------------------------------- e) Date of the transaction 16 August 2016 ---- ------------------------------- ---------------------------------- f) Place of the London Stock Exchange, AIM transaction Market ---- ------------------------------- ----------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
13. Details of the person discharging managerial responsibilities / person closely associated ---- ------------------------------------------------------------------- a) Name Dr Yuri Zhuk ---- ------------------------------- ---------------------------------- 14. Reason for the Notification ---- ------------------------------------------------------------------- a) Position/status Technical Director ---- ------------------------------- ---------------------------------- b) Initial notification/Amendment Initial Notification ---- ------------------------------- ---------------------------------- 15. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- ------------------------------------------------------------------- a) Name Hardide plc ---- ------------------------------- ---------------------------------- b) LEI n/a ---- ------------------------------- ---------------------------------- 16. 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 Options over ordinary shares the Financial of 0.1p each instrument, type of instrument ---- Identification GB00B069T034 code ---- ------------------------------- ---------------------------------- b) Nature of the Grant of Options transaction ---- ------------------------------- ---------------------------------- c) Price(s) and Price(s) Volume(s) volume(s) ----------- ---------- 0.8 pence 6,500,000 ----------- ---------- ---- ------------------------------- ---------------------------------- d) Aggregated information: * Aggregated volume 6,500,000 options over ordinary shares of 0.1 pence granted at 0.8 pence per ordinary * Price share ---- ------------------------------- ---------------------------------- e) Date of the transaction 16 August 2016 ---- ------------------------------- ---------------------------------- f) Place of the London Stock Exchange, AIM transaction Market ---- ------------------------------- ----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHGMGMRDVNGVZM
(END) Dow Jones Newswires
August 16, 2016 10:09 ET (14:09 GMT)
1 Year Hardide Chart |
1 Month Hardide 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