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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
City Pub Group Plc (the) | LSE:CPC | London | Ordinary Share | GB00BYWRS683 | 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% | 139.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCPC
RNS Number : 1783P
City Pub Group PLC (The)
16 February 2021
16 February 2021
The City Pub Group plc
("The City Pub Group" or the "Company")
Grant of Options
The City Pub Group plc announces that on 15 February 2021 the Company granted an award (in the form of nominal cost options) over 1,000,000 ordinary shares of 1p each ("Ordinary Shares") to Toby Smith, who joined the Company as Chief Operating Officer on 10 November 2020 (the "Options").
The Options have been granted under the Company's Long Term Incentive Plan, are exercisable in 2024 following release of the Company's audited accounts for the year ended 31 December 2023, are subject to performance conditions relating to the Company's EBITDA profitability (pre-IFRS 16) and have a 10 year term.
The Company also announces that on 15 February 2021 it granted additional new options to Toby Smith over 25,000 Ordinary Shares under The Company's Share Option Plan (the "CSOPs"). The CSOPs have an exercise price of GBP1.20, will vest after 3 years and have a 10 year term.
The information set out below is provided in accordance with the requirements of Article 19 of the Market Abuse Regulation
1. Details of the person discharging managerial responsibilities / person closely associated a) Name Toby Smith ------------------------------------------------------------- ------------------------------------------- 2. Reason for the Notification ---------------------------------------------------------------------------------------------------------- a) Position/status Chief Operating Officer ------------------------------------------------------------- ------------------------------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------- ------------------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---------------------------------------------------------------------------------------------------------- a) Name The City Pub Group plc ------------------------------------------------------------- ------------------------------------------- b) LEI 213800OHELCFJ6GLZC03 ------------------------------------------------------------- ------------------------------------------- 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 Options over Ordinary Shares of 1p each Identification code GB00BYWRS683 ------------------------------------------------------------- ------------------------------------------- b) Nature of the transaction Grant of Options ------------------------------------------------------------- ------------------------------------------- c) Price(s) and volume(s) Price Volume ------------------------------------------------------------- ------------------------------ ----------- Nil 1,000,000 ------------------------------------------------------------------------------------------------- ----------- Exercise price of GBP1.20 25,000 ------------------------------------------------------------------------------------------------- ----------- d) Aggregated information: * Aggregated volume 1,025,000 n/a * Price ------------------------------------------------------------- ------------------------------------------- e) Date of the transaction 15 February 2021 ------------------------------------------------------------- ------------------------------------------- f) Place of the transaction Outside a trading venue ------------------------------------------------------------- -------------------------------------------
Enquiries:
The City Pub Group Tel: +44 20 7559 Clive Watson, Chairman 5106 Tarquin Williams, CFO Liberum (Nomad & Broker) Tel: +44 20 3100 Chris Clarke / Edward Thomas / Clayton Bush 2000 Instinctif Partners Tel: +44 20 7457 Matthew Smallwood / Jack Devoy 2020
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February 16, 2021 02:00 ET (07:00 GMT)
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