Benchmark Holdings PLC DIRECTOR SHARE OPTIONS (2048O)

TIDMBMK

RNS Number : 2048O

Benchmark Holdings PLC

28 January 2019

28 January 2019

BENCHMARK HOLDINGS PLC

("Benchmark" or the "Company")

DIRECTOR SHARE OPTIONS

Benchmark Holdings plc announces that on 25 January 2019, and in accordance with the intention disclosed in its Annual Report and Accounts published on 24 January 2019, options over Ordinary Shares of 0.1 pence each ("Ordinary Shares") were granted to Malcolm Pye, Chief Executive Officer; Mark Plampin, Chief Financial Officer; and Alex Raeber, Chief Scientific Officer under the Company Share Option Plan (CSOP).

Options over a total of 555,100 Ordinary Shares were granted to Malcolm Pye; options over a total of 447,600 Ordinary Shares were granted to Mark Plampin; and options over a total of 400,000 Ordinary Shares were granted to Alex Raeber. Following this grant, Malcolm Pye remains interested in 15,145,686 Ordinary Shares and holds options over a total of 1,055,100 Ordinary Shares in the Company, representing approximately 2.90% and 0.19% of Benchmark's existing issued share capital respectively. Mark Plampin remains interested in 536,686 Ordinary Shares and holds options over a total of 972,185 Ordinary Shares in the Company, representing approximately 0.10% and 0.17% of Benchmark's existing issued share capital respectively. Alex Raeber remains interested in 100,000 Ordinary Shares and holds options over a total of 400,000 Ordinary Shares in the Company, representing approximately 0.02% and 0.07% of Benchmark's existing issued share capital respectively.

The options granted have a vesting period of three years, may be exercised up to the tenth anniversary of grant, have an exercise price of 58.5 pence per Ordinary Share, and are not subject to performance criteria.

Notification and public disclosure of transactions by persons discharging managerial responsibilities:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Malcolm Pye 
     -------------------------------  ---------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                  Executive Director 
     -------------------------------  ---------------------------------- 
 b)   Initial notification/Amendment   Initial 
     -------------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                             Benchmark Holdings 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                   0.1p ordinary shares 
       the financial 
       instrument, type                 ISIN: GB00BGHPT808 
       of instrument 
       Identification 
       code 
     -------------------------------  ---------------------------------- 
 b)   Nature of the                    Issue of share options under 
       transaction                      Company Share Option Plan (CSOP) 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)            Exercise price    Volume(s) 
                                         58.5 pence        555,100 
                                                          ---------- 
     -------------------------------  ---------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               Volume: 555,100 
       - Price                           Price: Nil 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          25 January 2019 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         AIM Market, London Stock Exchange 
     -------------------------------  ---------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Mark Plampin 
     -------------------------------  ---------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                  Executive Director 
     -------------------------------  ---------------------------------- 
 b)   Initial notification/Amendment   Initial 
     -------------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                             Benchmark Holdings 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                   0.1p ordinary shares 
       the financial 
       instrument, type                 ISIN: GB00BGHPT808 
       of instrument 
       Identification 
       code 
     -------------------------------  ---------------------------------- 
 b)   Nature of the                    Issue of share options under 
       transaction                      Company Share Option Plan (CSOP) 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)            Exercise price    Volume(s) 
                                         58.5 pence        447,600 
                                                          ---------- 
     -------------------------------  ---------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               Volume: 447,600 
       - Price                           Price: Nil 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          25 January 2019 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         AIM Market, London Stock Exchange 
     -------------------------------  ---------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Alex Raeber 
     -------------------------------  ---------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                  Executive Director 
     -------------------------------  ---------------------------------- 
 b)   Initial notification/Amendment   Initial 
     -------------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                             Benchmark Holdings 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                   0.1p ordinary shares 
       the financial 
       instrument, type                 ISIN: GB00BGHPT808 
       of instrument 
       Identification 
       code 
     -------------------------------  ---------------------------------- 
 b)   Nature of the                    Issue of share options under 
       transaction                      Company Share Option Plan (CSOP) 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)            Exercise price    Volume(s) 
                                         58.5 pence        400,000 
                                                          ---------- 
     -------------------------------  ---------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               Volume: 400,000 
       - Price                           Price: Nil 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          25 January 2019 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         AIM Market, London Stock Exchange 
     -------------------------------  ---------------------------------- 
 

Enquiries

 
Benchmark Holdings plc                                  Tel: [phone] 
Malcolm Pye, CEO 
Ivonne Cantu, Investor Relations 
 Director 
Rachel Aninakwah, Communications 
 
Numis                                                   Tel: [phone] 
Michael Meade / Freddie Barnfield 
 (NOMAD) 
James Black (Corporate Broking) 
 
MHP 
Katie Hunt / Reg Hoare /Alistair                      Tel: [phone] 
 de Kare-Silver 
 
                                                      [e-mail] 
 
 

Notes to Editors:

Benchmark's mission is to drive sustainability in food production.

We are a leading provider of aquaculture solutions in genetics, health and specialist nutrition. Our focus is on developing innovative products that help fish and shrimp producers improve their sustainability and profitability by improving yield, quality, health and welfare. Our main products are salmon eggs with superior genetic traits, specialist nutrition products for shrimp and fish, and health treatments including a sea lice treatment for salmon. We serve all the major aquaculture markets around the world and have leading market positions. Benchmark operates in 27 countries, employs 1,066 people and reported revenues of GBP140m in 2017.

For further information on Benchmark please visit www.benchmarkplc.com

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 [e-mail] or visit www.rns.com.

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January 28, 2019 03:00 ET (08:00 GMT)