We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aquila Services Group Plc | LSE:AQSG | London | Ordinary Share | GB00BPYP3Q26 | 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% | 6.50 | 4.00 | 9.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | 12.25M | 518k | 0.0130 | 5.00 | 2.6M |
TIDMAQSG
RNS Number : 6988O
Aquila Services Group PLC
31 January 2019
For immediate release
31 January 2019
Aquila Services Group plc
("Aquila", the "Company" or together with its subsidiaries, the "Group")
Exercise of Options, Total Voting Rights, Issue of Unapproved Share Options, Director / PDMR Shareholding and Board Change
Exercise of Options and Total Voting Rights
Aquila, a company formed to acquire and operate growing businesses operating in the affordable housing services sector, announces that the Company has received notice from an employee to exercise an option to subscribe for 42,315 ordinary shares at a price of GBP0.05 per ordinary share. The notice was accepted as valid and having received funds of GBP2,115.75, the Company has accordingly issued and allotted 42,315 new ordinary shares (the "Option Shares").
Applications have been made to the UK Listing Authority and the London Stock Exchange for the Option Shares to be admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities (the "Admission"). It is expected that Admission will become effective on 1 February 2019.
Following the issue of the Option Shares, which on Admission will rank pari passu with the existing ordinary shares, the total number of ordinary shares in issue with voting rights in the Company will be 35,307,776. There are no shares held in treasury.
The above figure of 35,307,776 may therefore be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Issue of Unapproved Share Options and Director / PDMR Shareholding
In addition, the Company announced that in line with the Company's Long-Term Incentive Plan, Steve Douglas and Dr Fiona Underwood, both Joint Chief Executives of the Company, have each been granted 50,000 unapproved share options ("Share Options"), in recognition of their services. This grant forms part of the Company's reward and remuneration strategy which is to ensure that Aquila attracts, retains and motivates highly skilled personnel contributing to the growth and success of the Group.
The Share Options, for each individual, have been granted to the value of GBP16,000 based on the closing mid-market price on 29th January 2019 of 32p and they will be exercisable on 30th January 2022 at an exercise price of 5p per ordinary share.
Following these grants, the Company has a total of 5,438,533 ordinary shares under option representing 15.4% of the issued ordinary share capital as enlarged following the issue and allotment of the Option Shares.
Board Change
Jeff Zitron, Non-Executive Director, has informed the Board of his intention to step down from the Board of the Company as at 30th January 2019 due to other commitments. As previous Chair of the company, the board would like to thank him for his contribution during the start-up and growth of Aquila.
The information contained in Appendix 1 below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
For further information please visit www.aquilaservicesgroup.co.uk. or contact:
Aquila Services Group plc
Steve Douglas
Co-Chief Executive
Tel: 020 7934 0175
Beaumont Cornish Limited, Financial Adviser
Roland Cornish
Tel: 020 7628 3396
Appendix 1
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Steven Douglas ----------------------------- ------------------------------------ 2 Reason for notification ------------------------------------------------------------------- a) Position / status Joint Chief Executive ----------------------------- ------------------------------------ b) Initial notification Initial /Amendment ----------------------------- ------------------------------------ 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------- a) Name Aquila Services Group plc ----------------------------- ------------------------------------ b) LEI 213800YHTDDQX5MZZW83 ----------------------------- ------------------------------------ 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 Options under Aquila's Long Term financial instrument, Incentive Plan type of instrument Identification code ISIN GB00BPYP3Q26 ----------------------------- ------------------------------------ Nature of the transaction ----------------------------- ------------------------------------ Price(s) and volumes(s) Price(s) Volumes(s) 5p 50,000 ----------- ----------------------------- ------------------------------------ d) Aggregated information n/a ----------------------------- ------------------------------------ e) Date of the transaction 2019 January 30 ----------------------------- ------------------------------------ f) Place of the transaction Outside a trading venue ----------------------------- ------------------------------------ 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Dr Fiona Underwood ----------------------------- ------------------------------------ 2 Reason for notification ------------------------------------------------------------------- a) Position / status Joint Chief Executive ----------------------------- ------------------------------------ b) Initial notification Initial /Amendment ----------------------------- ------------------------------------ 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------- a) Name Aquila Services Group plc ----------------------------- ------------------------------------ b) LEI 213800YHTDDQX5MZZW83 ----------------------------- ------------------------------------ 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 Options under Aquila's Long Term financial instrument, Incentive Plan type of instrument Identification code ISIN GB00BPYP3Q26 ----------------------------- ------------------------------------ Nature of the transaction ----------------------------- ------------------------------------ Price(s) and volumes(s) Price(s) Volumes(s) 5p 50,000 ----------- ----------------------------- ------------------------------------ d) Aggregated information n/a ----------------------------- ------------------------------------ e) Date of the transaction 2019 January 30 ----------------------------- ------------------------------------ f) Place of the transaction Outside a trading venue ----------------------------- ------------------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
IOEBBGDBGDXBGCB
(END) Dow Jones Newswires
January 31, 2019 06:30 ET (11:30 GMT)
1 Year Aquila Services Chart |
1 Month Aquila Services Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions