Benchmark Holdings PLC Director Share Options (9419C)

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RNS Number : 9419C

Benchmark Holdings PLC

25 January 2018

25 January 2018

BENCHMARK HOLDINGS PLC

("Benchmark" or the "Company")

DIRECTOR SHARE OPTIONS

Benchmark Holdings plc announces that on 24 January 2018, and in accordance with the intention disclosed in its Annual Report and Accounts published on 23 January 2018, options over Ordinary Shares of 0.1 pence each ("Ordinary Shares") were granted to Malcolm Pye, Chief Executive Officer and Mark Plampin, Chief Financial Officer under the Company Share Option Plan (CSOP) in lieu of a cash bonus in respect of the 2017 financial year.

Options over a total of 500,000 Ordinary Shares were granted to Malcolm Pye and options over a total of 400,000 Ordinary Shares were granted to Mark Plampin. Following this grant, Malcolm Pye remains interested in 15,145,686 Ordinary Shares and holds options over a total of 500,000 Ordinary Shares in the Company, representing approximately 2.90% and 0.10% of Benchmark's existing issued share capital respectively. Mark Plampin remains interested in 536,686 Ordinary Shares and holds options over a total of 524,585 Ordinary Shares in the Company, representing approximately 0.10% and 0.10% 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 69.5 pence per Ordinary Share, and are not subject to performance criteria.

Notification and public disclosure of a transactions by a 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                      0.1p ordinary shares 
       of the financial 
       instrument,                      ISIN: GB00BGHPT808 
       type of instrument 
       Identification 
       code 
---  -------------------------------  ---------------------------- 
 b)   Nature of the                    Issue of share options 
       transaction                      under Company Share Option 
                                        Plan (CSOP) 
---  -------------------------------  ---------------------------- 
 c)   Price(s) and                      Exercise      Volume(s) 
       volume(s)                          price 
                                        ------------  ---------- 
                                         69.5 pence    500,000 
                                        ------------  ---------- 
---  -------------------------------  ---------------------------- 
 d)   Aggregated information 
       - Aggregated                      Volume: 500,000 
       volume                            Price: Nil 
       - Price 
---  -------------------------------  ---------------------------- 
 e)   Date of the                      24 January 2018 
       transaction 
---  -------------------------------  ---------------------------- 
 f)   Place of the                     AIM Market, London Stock 
       transaction                      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                      0.1p ordinary shares 
       of the financial 
       instrument,                      ISIN: GB00BGHPT808 
       type of instrument 
       Identification 
       code 
---  -------------------------------  ---------------------------- 
 b)   Nature of the                    Issue of share options 
       transaction                      under Company Share Option 
                                        Plan (CSOP) 
---  -------------------------------  ---------------------------- 
 c)   Price(s) and                      Exercise      Volume(s) 
       volume(s)                          price 
                                        ------------  ---------- 
                                         69.5 pence    400,000 
                                        ------------  ---------- 
---  -------------------------------  ---------------------------- 
 d)   Aggregated information 
       - Aggregated                      Volume: 400,000 
       volume                            Price: Nil 
       - Price 
---  -------------------------------  ---------------------------- 
 e)   Date of the                      24 January 2018 
       transaction 
---  -------------------------------  ---------------------------- 
 f)   Place of the                     AIM Market, London Stock 
       transaction                      Exchange 
---  -------------------------------  ---------------------------- 
 

ENDS

 
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 /                      Tel: [phone] 
 Alistair de Kare-Silver                         07551 170 451 
                                               [e-mail] 
 
 

Notes to Editors:

Benchmark challenges the status quo in aquaculture. Since 2000, Benchmark has consistently worked to build a technology-rich platform in the areas of genetics, nutrition, animal health and knowledge services, to serve its customers, helping them take control of their biological environment to improve yield and efficiency in a sustainable way.

The Company has leading positions in its core markets and established R&D, manufacturing and distribution capabilities to serve all the major aquaculture markets. Benchmark operates in 27 countries in five continents and as at 30 September 2017, it employed 950 people.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 25, 2018 06:54 ET (11:54 GMT)