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JWNG Jaywing Plc

3.15
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jaywing Plc LSE:JWNG London Ordinary Share GB00BF5KDY46 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.15 3.10 3.20 3.15 3.15 3.15 3,149 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Advertising, Nec 22.57M -12.83M -0.1373 -0.23 2.94M

Jaywing PLC Grant of Options (3951L)

30/09/2016 3:22pm

UK Regulatory


TIDMJWNG

RNS Number : 3951L

Jaywing PLC

30 September 2016

   Date:                     Friday 30  September 2016 
   On behalf of:     Jaywing plc ("the Company" or "the Group") 

Jaywing plc

("Jaywing" or "the Company")

Grant of options

Director/PDMR Shareholding

The Company announces the following grants of options to its Executive Directors (the "New Options") under its performance share plan ("PSP"):

 
 Director             Position           Options      Number   Exercise         Total 
                                          vested      of New      price        number 
                                  under previous     Options               of options 
                                          scheme     granted                     held 
                                                                            following 
                                                                                grant 
--------------  --------------  ----------------  ----------  ---------  ------------ 
                        CEO UK 
 Rob Shaw          & Australia           124,869   1,591,054         5p     1,715,923 
--------------  --------------  ----------------  ----------  ---------  ------------ 
 Adrian 
  Lingard                  COO            61,000   1,156,303         5p     1,217,303 
--------------  --------------  ----------------  ----------  ---------  ------------ 
 Michael 
  Sprot                    CFO                 -     710,000         5p       710,000 
--------------  --------------  ----------------  ----------  ---------  ------------ 
 Martin 
  Boddy                    CEO                 -     496,000         5p       496,000 
--------------  --------------  ----------------  ----------  ---------  ------------ 
 Andy Gardner              CSO                 -     496,000         5p       496,000 
--------------  --------------  ----------------  ----------  ---------  ------------ 
 Total                                   185,869   4,449,357                4,635,226 
------------------------------  ----------------  ----------  ---------  ------------ 
 

The grants to Rob Shaw (CEO UK & Australia) and Adrian Lingard (COO) follow their appointment to the Board of Jaywing in July 2015 and aim to provide a suitable long term incentive. The grant to Michael Sprot reflects his promotion to CFO. The New Options granted to Martin Boddy, Andy Gardner and Michael Sprot replace the options previously granted to them in March 2015 which have now been cancelled. The New Options issued to Rob Shaw and Adrian Lingard replace 566,131 and 348,000 respectively of their previous options which had not vested and have now been cancelled. Vested options not yet exercised from a previous scheme for Rob Shaw and Adrian Lingard amount to 124,869 and 61,000 respectively. The grants of New Options are designed to align incentives for all the Executive Directors to the longer term interests of shareholders.

These grants had previously been considered by the Remuneration Committee prior to the Company entering into a close period relating to the recently announced acquisitions, and are now being granted following the end of the close period.

The New Options have a number of vesting criteria designed to retain and incentivise the Executive Management team. Vesting criteria includes EBITDA growth, share price targets and ongoing commitment to the business. The New Options vest over a three year period to 31 July 2019 and are exercisable until 31 July 2020.

Following the grant of New Options the total number of options outstanding is 8,235,739 representing approximately 9.5 per cent of the Company's existing issued share capital being 86,359,385 ordinary shares.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation, and gives further detail.

 
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                                     Rob Shaw 
 2   Reason for the notification 
 a)  Position/status                          Chief Executive Officer / Director and a 
                                              PDMR 
 b)  Initial notification/                    Initial notification 
      Amendment 
 3   Details of the issuer, emission allowance market participant, auction platform, 
     auctioneer 
     or auction monitor 
 a)  Name                                     Jaywing plc 
 b)  LEI 
 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 the financial             Ordinary Shares of 5p each in Jaywing plc 
     instrument, type of instrument           ("Shares") 
     Identification code 
                                              ISIN: GB00B1FPT107 
 b)  Nature of the transaction                Grant of options under the Jaywing plc 
                                              Performance Share Plan 
 c)  Price(s) and volume(s)                    Price(s)                        Volume(s) 
                                                GBP0.05 option exercise price   1,591,054 
 d)  Aggregated information                   N/A 
      - Aggregated volume 
      - Price 
 e)  Date of the transaction                  30 September 2016 
 f)  Place of the transaction                 London Stock Exchange 
 
 
 
 
 
 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                                     Adrian Lingard 
 2   Reason for the notification 
 a)  Position/status                          Chief Operating Officer / Director and a 
                                              PDMR 
 b)  Initial notification/                    Initial notification 
      Amendment 
 3   Details of the issuer, emission allowance market participant, auction platform, 
     auctioneer 
     or auction monitor 
 a)  Name                                     Jaywing plc 
 b)  LEI 
 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 the financial             Ordinary Shares of 5p each in Jaywing plc 
     instrument, type of instrument           ("Shares") 
     Identification code 
                                              ISIN: GB00B1FPT107 
 b)  Nature of the transaction                Grant of options under the Jaywing plc 
                                              Performance Share Plan 
 c)  Price(s) and volume(s)                    Price(s)                        Volume(s) 
                                                GBP0.05 option exercise price   1,156,303 
 d)  Aggregated information                   N/A 
      - Aggregated volume 
      - Price 
 e)  Date of the transaction                  30 September 2016 
 f)  Place of the transaction                 London Stock Exchange 
 
 
 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                                      Michael Sprot 
 2   Reason for the notification 
 a)  Position/status                           Chief Financial Officer / Director and a 
                                               PDMR 
 b)  Initial notification/                     Initial notification 
      Amendment 
 3   Details of the issuer, emission allowance market participant, auction platform, 
     auctioneer 
     or auction monitor 
 a)  Name                                      Jaywing plc 
 b)  LEI 
 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 the financial instrument,  Ordinary Shares of 5p each in Jaywing plc 
     type of instrument                        ("Shares") 
     Identification code 
                                               ISIN: GB00B1FPT107 
 b)  Nature of the transaction                 Grant of options under the Jaywing plc 
                                               Performance Share Plan 
 c)  Price(s) and volume(s)                     Price(s)                        Volume(s) 
                                                 GBP0.05 option exercise price   710,000 
 d)  Aggregated information                    N/A 
      - Aggregated volume 
      - Price 
 e)  Date of the transaction                   30 September 2016 
 f)  Place of the transaction                  London Stock Exchange 
 
 
 
 
 
 
 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                                                      Martin Boddy 
2   Reason for the notification 
a)  Position/status                                           Chief Executive Officer / Director and a PDMR 
b)  Initial notification/                                     Initial notification 
     Amendment 
3   Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
a)  Name                                                      Jaywing 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 the financial instrument, type of          Ordinary Shares of 5p each in Jaywing plc ("Shares") 
    instrument 
    Identification code                                        ISIN: GB00B1FPT107 
b)  Nature of the transaction                                 Grant of options under the Jaywing plc Performance Share 
                                                              Plan 
c)  Price(s) and volume(s)                                     Price(s)                        Volume(s) 
                                                                GBP0.05 option exercise price   496,000 
d)  Aggregated information                                     N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                    30 September 2016 
f)  Place of the transaction                                  London Stock Exchange 
 
 
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                                                      Andy Gardner 
2   Reason for the notification 
a)  Position/status                                           Chief Strategy Officer / Director and a PDMR 
b)  Initial notification/                                     Initial notification 
     Amendment 
3   Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
a)  Name                                                      Jaywing plc 
b)  LEI 
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 the financial instrument, type of          Ordinary Shares of 5p each in Jaywing plc ("Shares") 
    instrument 
    Identification code                                        ISIN: GB00B1FPT107 
b)  Nature of the transaction                                 Grant of options under the Jaywing plc Performance Share 
                                                              Plan 
c)  Price(s) and volume(s)                                     Price(s)                        Volume(s) 
                                                                GBP0.05 option exercise price   496,000 
d)  Aggregated information                                     N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                    30 September 2016 
f)  Place of the transaction                                  London Stock Exchange 
 

Enquiries:

Jaywing plc

   Michael Sprot (Company Secretary)                        Tel: 0114 281 1200 

Cenkos Securities plc

   Ivonne Cantu/Callum Davidson(Nomad)              Tel: 0207 397 8920 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHMMGFLDGRGVZM

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September 30, 2016 10:22 ET (14:22 GMT)

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