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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Altitude Group Plc | LSE:ALT | London | Ordinary Share | GB00B0LSFV82 | ORD 0.4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
3.00 | 8.22% | 39.50 | 38.00 | 41.00 | 40.50 | 36.00 | 36.00 | 320,187 | 14:00:11 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Advertising, Nec | 18.76M | 390k | 0.0055 | 71.82 | 28.1M |
TIDMALT
RNS Number : 3736W
Altitude Group PLC
08 February 2017
Altitude Group plc
(the "Company")
ISSUE OF SHARE OPTIONS
The Company announces that it has today issued share options to Sanjay Lobo and Gellan Watt, who have joined the Company as Managing Director and Non-Executive Director respectively as announced on 25 January 2017. Mr. Lobo's appointment to the Board remains subject to completion of customary due diligence.
Mr. Lobo and Mr. Watt have each been issued options under the Company EMI Scheme over 238,095 ordinary shares of 0.4p each ("Ordinary Shares"), exercisable at a price of 84p per share and vesting subject to the conditions set out below (the "Options"):
-- 50% of the Options will vest on a time accrued basis over three years; and
-- 50% of the Options will vest in three equal tranches on the market price of the Ordinary Shares reaching (i) 100p; (ii) 130p; and (iii) 160p.
The Options expire on the fifth anniversary of the date of grant.
In addition, Mr. Lobo has been issued options under the Company Unapproved Option Scheme over a further 47,619 Ordinary Shares on the same terms.
Enquiries:
Altitude Group plc Peter Hallett, Chairman 07887 987469 WH Ireland Limited (Nominated Adviser and Broker) Tim Feather/Ed Allsopp 0113 394 6600
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.
1 Details of the person discharging managerial responsibilities/person closely associated --- ---------------------------------------------------------------------------------------------------- a) Name Sanjay Lobo --- ------------------------------------------------------------ -------------------------------------- 2 Reason for the notification --- ---------------------------------------------------------------------------------------------------- a) Position/status Managing Director, Altitude Group plc --- ------------------------------------------------------------ -------------------------------------- b) Initial notification/ Amendment Initial Notification --- ------------------------------------------------------------ -------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ---------------------------------------------------------------------------------------------------- a) Name Altitude 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 0.4p each Identification code GB00B0LSFV82 --- ------------------------------------------------------------ -------------------------------------- b) Nature of the transactions Issue of options over Ordinary Shares --- ------------------------------------------------------------ -------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) --------- ---------- 84p 285,714 --------- ---------- --- ------------------------------------------------------------ -------------------------------------- d) Aggregated information * Aggregated volume 285,714 GBP240,000 * Price --- ------------------------------------------------------------ -------------------------------------- e) Date of the transaction 8 February 2017 --- ------------------------------------------------------------ -------------------------------------- f) Place of the transaction London Stock Exchange, AIM --- ------------------------------------------------------------ -------------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated --- --------------------------------------------------------------------------------------------------------- a) Name Gellan Watt --- ------------------------------------------------------------ ------------------------------------------- 2 Reason for the notification --- --------------------------------------------------------------------------------------------------------- a) Position/status Non-Executive Director, Altitude Group plc --- ------------------------------------------------------------ ------------------------------------------- b) Initial notification/ Amendment Initial Notification --- ------------------------------------------------------------ ------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- --------------------------------------------------------------------------------------------------------- a) Name Altitude 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 0.4p each Identification code GB00B0LSFV82 --- ------------------------------------------------------------ ------------------------------------------- b) Nature of the transactions Issue of options over Ordinary Shares --- ------------------------------------------------------------ ------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) --------- ---------- 84p 238,095 --------- ---------- --- ------------------------------------------------------------ ------------------------------------------- d) Aggregated information * Aggregated volume 238,095 GBP200,000 * Price --- ------------------------------------------------------------ ------------------------------------------- e) Date of the transaction 8 February 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
MSCLLFIEFFITIID
(END) Dow Jones Newswires
February 08, 2017 10:06 ET (15:06 GMT)
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