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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Air Partner Plc | LSE:AIR | London | Ordinary Share | GB00BD736828 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 124.50 | 124.50 | 125.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMAIR
RNS Number : 9019K
Air Partner PLC
12 July 2017
12 July 2017
Air Partner plc
Grant of Options/PDMR and PCA dealings
Air Partner plc (the Company), the global aviation services group, announces that the following awards over ordinary shares of 1p each in Air Partner plc were granted under the Air Partner 2012 Long Term Incentive Plan to the following Persons Discharging Managerial Responsibilities (PDMR) on 10 July 2017:
Hot Features
Premium
PDMR Position Number Market Percentage
of Ordinary Price on of basic
Shares day preceding salary
over which date of
Nil-cost grant
Options
have been
granted
------------- ----------------- ------------- --------------- -----------
Chief Executive
Mark Briffa Officer 173,611 108p 75%
------------- ----------------- ------------- --------------- -----------
Chief Financial
Neil Morris Officer 57,222 108p 40%
------------- ----------------- ------------- --------------- -----------
The awards will ordinarily become exercisable on the third anniversary of grant subject to the grantee's continued service and to the extent to which the performance conditions set for each award are satisfied.
The Company also announces that it has received notification on 12 July 2017 that Neil Morris, Chief Financial Officer and PDMR, acquired 6,000 ordinary shares of 1p each in the Company through his ISA at a price of 107p per share. In addition, the Company was also notified that on 12 July 2017, Neil Morris' wife, purchased 4,000 ordinary shares of 1p each in the Company through her ISA at a price of 107p per share.
As a result, Neil Morris holds 6,000 ordinary shares, representing 0.012 per cent of the total voting rights of the Company. His total interest in the Company, including his wife's holding, is 10,000 ordinary shares, representing 0.019 per cent of the total voting rights of the Company.
Details of the full notifications received by the Company in accordance with the requirements of the EU Market Abuse Regulation are set out below.
1 Details of the person discharging managerial responsibilities
("PDMR") or persons closely associated with them
("PCA")
--- -----------------------------------------------------------------------
a) Name Mark Briffa
--- ------------------------------- --------------------------------------
2 Reason for Notification
--- -----------------------------------------------------------------------
a) Position/status Chief Executive Officer
--- ------------------------------- --------------------------------------
b) Initial notification/Amendment Initial Announcement
--- ------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
--- -----------------------------------------------------------------------
a) Name Air Partner plc
--- ------------------------------- --------------------------------------
b) LEI 213800JLR6YIRMSCUS98
--- ------------------------------- --------------------------------------
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 1 pence each in
of the financial Air Partner plc
instrument,
type of instrument
Identification GB00BD736828
code
--- ------------------------------- --------------------------------------
b) Nature of Grant of nil cost option award under
the transaction the Air Partner 2012 Long Term Share
Incentive Plan to acquire ordinary
shares of 1p each in Air Partner plc
--- ------------------------------- --------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil 173,611
---------- ----------
--- ------------------------------- --------------------------------------
d) Aggregated
information
* Aggregated volume Not applicable - single transaction
* Price
--- ------------------------------- --------------------------------------
e) Date of the 10 July 2017
transaction
--- ------------------------------- --------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
("PDMR") or persons closely associated with them
("PCA")
--- -----------------------------------------------------------------------
a) Name Neil Morris
--- ------------------------------- --------------------------------------
2 Reason for Notification
--- -----------------------------------------------------------------------
a) Position/status Chief Financial Officer
--- ------------------------------- --------------------------------------
b) Initial notification/Amendment Initial Announcement
--- ------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
--- -----------------------------------------------------------------------
a) Name Air Partner plc
--- ------------------------------- --------------------------------------
b) LEI 213800JLR6YIRMSCUS98
--- ------------------------------- --------------------------------------
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 1 pence each in
of the financial Air Partner plc
instrument,
type of instrument
Identification GB00BD736828
code
--- ------------------------------- --------------------------------------
b) Nature of Grant of nil cost option award under
the transaction the Air Partner 2012 Long Term Share
Incentive Plan to acquire ordinary
shares of 1p each in Air Partner plc
--- ------------------------------- --------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
Nil 57,222
---------- ----------
--- ------------------------------- --------------------------------------
d) Aggregated
information
* Aggregated volume Not applicable - single transaction
* Price
--- ------------------------------- --------------------------------------
e) Date of the 10 July 2017
transaction
--- ------------------------------- --------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------------- --------------------------------------
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 1 pence each in
of the financial Air Partner plc
instrument,
type of instrument
Identification GB00BD736828
code
--- ------------------------------- --------------------------------------
b) Nature of Purchase of ordinary shares
the transaction
--- ------------------------------- --------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
107p 6,000
--------- ----------
--- ------------------------------- --------------------------------------
d) Aggregated
information
* Aggregated volume Not applicable - single transaction
* Price
--- ------------------------------- --------------------------------------
e) Date of the 12 July 2017
transaction
--- ------------------------------- --------------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------------- --------------------------------------
Details of the person discharging managerial responsibilities
("PDMR") or persons closely associated with them
("PCA")
------------------------------------------------------------------------
Name Rosamond Morris
------------------------------- ---------------------------------------
Reason for Notification
------------------------------------------------------------------------
Position/status PCA of Chief Financial Officer
------------------------------- ---------------------------------------
Initial notification/Amendment Initial Announcement
------------------------------- ---------------------------------------
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
------------------------------------------------------------------------
Name Air Partner plc
------------------------------- ---------------------------------------
LEI 213800JLR6YIRMSCUS98
------------------------------- ---------------------------------------
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
------------------------------------------------------------------------
Description Ordinary shares of 1 pence each in Air
of the financial Partner plc
instrument,
type of instrument
Identification GB00BD736828
code
------------------------------- ---------------------------------------
Nature of Purchase of ordinary shares
the transaction
------------------------------- ---------------------------------------
Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
107p 4,000
--------- ----------
------------------------------- ---------------------------------------
Aggregated
information
* Aggregated volume Not applicable - single transaction
* Price
------------------------------- ---------------------------------------
Date of the 12 July 2017
transaction
------------------------------- ---------------------------------------
Place of the London Stock Exchange
transaction
------------------------------- ---------------------------------------
Ends
Enquiries
Air Partner 01293 844788
Mark Briffa, CEO
Neil Morris, CFO
Kate Patrick, Investor Relations
Temple Bar Advisory (Financial
PR advisor) 020 7002 1080
07789 998
Tom Allison 020
Ed Orlebar
Alycia MacAskill
About Air Partner:
Founded in 1961, Air Partner is a global aviation services group that provides worldwide solutions to industry, commerce, governments and private individuals. The Group has two divisions : Broking division, comprising air charter broking and remarketing; and the Consulting & Training division, comprising the aviation safety consultancies, Baines Simmons and Clockwork Research. For reporting purposes, the Group is structured into four divisions: Commercial Jets, Private Jets, Freight (Broking) and Consulting & Training (Baines Simmons and Clockwork Research). The Commercial Jet division charters large airliners to move groups of any size. Air Partner Remarketing, which is formed within the Commercial Jet division, provides comprehensive remarketing programmes for all types of commercial and corporate aircraft to a wide range of international clients. Private Jets offers the Company's unique pre-paid JetCard scheme and on-demand charter. Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Baines Simmons is a world leader in aviation safety consulting specialising in aviation regulation, compliance and safety management. Clockwork Research is a leading fatigue risk management consultancy. Air Partner is headquartered alongside Gatwick airport in the UK. Air Partner operates 24/7 year-round and has 20 offices globally. Air Partner is listed on the London Stock Exchange (AIR) and is ISO 9001:2008 compliant for commercial airline and private jet solutions worldwide. www.airpartner.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHSFLFLEFWSEEW
(END) Dow Jones Newswires
July 12, 2017 10:25 ET (14:25 GMT)
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