EMIS Group PLC Director Dealing -- Exercise of Share Options (3730L)

TIDMEMIS

RNS Number : 3730L

EMIS Group PLC

29 April 2020

Date: 29 April 2020

EMIS Group plc

Director Dealing - Exercise of Share Options

EMIS Group plc ("the Company") announces that on 28 April 2020 the Company was notified that Peter Southby, Chief Financial Officer, had exercised an option over 2,880 Ordinary Shares of one pence each ("Ordinary Shares") granted at nil cost under the Company's Long Term Share Incentive Award and awarded on 21 April 2017 (which had been the subject of performance conditions).

The Company was also notified that Peter Southby subsequently sold 1,361 Ordinary Shares at a price of GBP10.20 per Ordinary Share to fund the tax liabilities associated with the exercise.

In addition, Peter Southby transferred the residual 1,519 Ordinary Shares for the above transaction to his spouse, Katherine Southby, for nil consideration.

Following this transaction Peter Southby has a total beneficial holding of 25,517 Ordinary Shares representing 0.04% of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Peter Southby 
     --------------------------  ------------------------------------------- 
 2    Reason for notification 
     ----------------------------------------------------------------------- 
 a)   Position / status           Chief Financial Officer 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                         EMIS Group plc 
     --------------------------  ------------------------------------------- 
 b)   LEI                         213800K474ZZK76NX913 
     --------------------------  ------------------------------------------- 
 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          Ordinary shares of 1 pence each in 
       financial instrument,       EMIS Group plc 
       type of instrument 
 
 
       Identification code 
                                   ISIN GB00B61D1Y04 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Exercise of option over 2,880 ordinary 
                                   shares of 1pence each granted at nil-cost 
                                   under the Company's Long Term Share 
                                   Incentive Award on 21 April 2017. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volumes(s)      Price(s)   Volumes(s) 
                                    0.00 p    2,880 
                                              ----------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      2,880 shares 
                                    0.00p 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     2020-04-28 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    XLON - AIM 
     --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Peter Southby 
     --------------------------  ------------------------------------------ 
 2    Reason for notification 
     ---------------------------------------------------------------------- 
 a)   Position / status           Chief Financial Officer 
     --------------------------  ------------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                         EMIS Group plc 
     --------------------------  ------------------------------------------ 
 b)   LEI                         213800K474ZZK76NX913 
     --------------------------  ------------------------------------------ 
 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          Ordinary shares of 1 pence each in 
       financial instrument,       EMIS Group plc 
       type of instrument 
 
 
       Identification code 
                                   ISIN GB00B61D1Y04 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   Sale of 1,361 ordinary shares at a 
                                   price of 1020.00pence following exercise 
                                   of options over 2,880 ordinary shares 
                                   under the Company's Long Term Share 
                                   Incentive Award. 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volumes(s)      Price(s)   Volumes(s) 
                                    1020.00p  1,361 
                                              ----------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
        *    Aggregated volume      1,361 shares 
                                    1020.00p 
 
        *    Price 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     2020-04-28 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    XLON - AIM 
     --------------------------  ------------------------------------------ 
 

Enquiries:

For further information, contact:

EMIS Group plc

Andy Thorburn, CEO Tel: [phone]

Peter Southby, CFO

www.emisgroupplc.com

   Numis Securities Limited (Nominated Adviser & Broker)                        Tel: [phone] 

Oliver Hardy / Simon Willis / James Black

MHP Communications Tel: [phone]

Reg Hoare / Giles Robinson / Florence Mayo

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April 29, 2020 10:33 ET (14:33 GMT)