Minoan Group PLC Grant of Option to a PDMR (9238T)

TIDMMIN

RNS Number : 9238T

Minoan Group PLC

11 January 2017

11 January 2017

Minoan Group Plc

("Minoan")

Grant of Option to a PDMR

Minoan has granted an Option to subscribe for 1 million Ordinary Shares of 1p each at 8p per share to a Person Discharging Managerial Responsibilities ("PDMR") as disclosed below as part of his employment arrangements. The Final Subscription date for this Option is 9 January 2020.

For further information visit www.minoangroup.com or contact:

 
 Minoan Group Plc 
 Christopher Egleton            [e-mail] 
 Duncan Wilson                  0141 226 2930 
 Bill Cole                      020 8253 4305 
 
 WH Ireland Limited             020 7220 1666 
 Adrian Hadden/Nick Prowting 
 
 Throgmorton Street Capital     020 7071 0808 
 Forbes Cutler 
 
 Morgan Rossiter                020 3195 3240 
 Richard Morgan Evans/James 
  Rossiter 
 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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                                                          Brian Cassidy 
---  ------------------------------------------------------------  ---------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------------------------------ 
 a)   Position/status                                               Finance director of the travel division 
---  ------------------------------------------------------------  ---------------------------------------- 
 b)   Initial notification/ Amendment                               Initial Notification 
---  ------------------------------------------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------------------------------------------ 
 a)   Name                                                          Minoan Group 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 instrument   Ordinary Shares of 1p each 
 
       Identification code 
                                                                     GB0008497975 
---  ------------------------------------------------------------  ---------------------------------------- 
 b)   Nature of the transaction                                     Grant of options 
---  ------------------------------------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s) 
                                                                     ----------  ---------- 
                                                                      8 pence     1,000,000 
                                                                     ----------  ---------- 
---  ------------------------------------------------------------  ---------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                      1,000,000 
                                                                      8 pence 
 
         *    Price 
---  ------------------------------------------------------------  ---------------------------------------- 
 e)   Date of the transaction                                       11 January 2017 
---  ------------------------------------------------------------  ---------------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange, AIM 
---  ------------------------------------------------------------  ---------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 11, 2017 07:35 ET (12:35 GMT)