James Halstead PLC Director/PDMR Shareholding (6574M)

TIDMJHD

RNS Number : 6574M

James Halstead PLC

31 July 2017

James Halstead plc 31 July 2017

("James Halstead" or the "Company")

(AIM:JHD)

PDMR Exercise of Share Options

James Halstead plc (AIM: JHD) announces that on 31 July 2017 the Company issued 60,000 ordinary shares of 5 pence each ("Ordinary Shares") following the exercise of share options under the James Halstead Share Option Plan by Eberherd Lotz, Director and a PDMR of the Company, at an exercise price of 105.25 pence per share.

Mr Lotz subsequently sold these shares at a price of 461.00 pence per share.

Following the issue of the new Ordinary Shares, the number of Ordinary Shares in issue will increase to 207,973,608.

For the purpose of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following this allotment consists of 207,973,608 Ordinary shares with voting rights attached. There are no Shares held in treasury.

This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, James Halstead under the DTRs.

The notification set out below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail.

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                       Mr Eberherd Lotz 
 2     Reason for the notification 
 a)    Position/status            Classified as PDMRs of the Company 
 b)    Initial notification       Initial Notification 
        /Amendment 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or auction 
        monitor 
 a)    Name                       James Halstead plc 
 b)    LEI                        213800C8FFBYV06UL498 
 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                Ordinary Shares of 5p each 
        of the financial 
        instrument,                GB00B0LS8535 
        type of instrument 
        Identification 
        code 
 b)    Nature of the              (i) Exercise of Share Options 
        transaction                (ii) Sale of Share Options 
 c)    Price(s) and                Exercise Prices        Volume(s) 
        volume(s)                    per share 
                                    (i) 105.25 
                                     pence                 60,000 
                                     (ii) 461.00 
                                      pence                 60,000 
 d)    Aggregated information 
        - Aggregated                 n/a 
        volume 
        - Price 
 e)    Date of the                31 July 2017 
        transaction 
 f)    Place of the               London Stock Exchange - AIM 
        transaction 
 

Name of authorised official of issuer responsible for making notification:

David Drillingcourt, Company Secretary to James Halstead plc

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFERDLILVID

(END) Dow Jones Newswires

July 31, 2017 12:53 ET (16:53 GMT)