ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

EPWN Epwin Group Plc

86.50
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Epwin Group Plc LSE:EPWN London Ordinary Share GB00BNGY4Y86 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 86.50 85.00 88.00 86.50 86.50 86.50 245,144 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contractor-nonres Bldgs 355.8M 8.4M 0.0580 14.91 125.36M

Epwin Group PLC Issue of Shares (7718I)

16/12/2020 7:05am

UK Regulatory


Epwin (LSE:EPWN)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Epwin Charts.

TIDMEPWN

RNS Number : 7718I

Epwin Group PLC

16 December 2020

16 December 2020

Epwin Group Plc

LTIP Award - Issue of Shares

Epwin Group Plc (AIM: EPWN) ("Epwin" or the "Group"), the leading manufacturer of low maintenance building products, supplying the Repair, Maintenance and Improvement ("RMI"), new build and social housing sectors, announces that the Company has issued in aggregate 1,594,108 new ordinary shares of 0.05p each ("New Ordinary Shares") to Jonathan Bednall, Christopher Empson and Shaun Hanrahan, who are Persons Discharging Managerial Responsibilities ("PDMRs"), as well as certain other senior management pursuant to the Long Term Incentive Plan ("LTIP") established in 2017, in respect of performance in the three financial years ending 31 December 2019. The details of the LTIP are set out in the Company annual report to 31 December 2017.

Vesting of the LTIP was due on the finalisation of results for the year ended 31 December 2019, however the Remuneration Committee, in consultation with management, agreed to defer the award as part of a range of actions taken by the Board to manage the initial impact of COVID-19 on the Group's cashflows. Full details of the grants to the executive directors are set out in disclosure tables below. The awards will be settled net of taxation in equity, with taxation liabilities paid from Group cash facilities. The New Ordinary Shares are subject to a minimum retention period of six months from the date of receipt.

Application has been made for the New Ordinary Shares to be admitted to trading on AIM, and admission is expected to take place on 23 December 2020 ("Admission"). Following Admission, the Company's issued share capital will consist of 144,547,210 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 144,547,210 should be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Contact information

 
 Epwin Group Plc 
  Jon Bednall, Chief Executive 
  Chris Empson, Group Finance Director       0203 128 8572 
 Shore Capital (Nominated Adviser and 
  Joint Broker) 
  Corporate Advisory 
  Edward Mansfield / Daniel Bush / Hugo      0207 408 4090 
  Masefield 
 
  Corporate Broking 
  Fiona Conroy 
 
  Zeus Capital Limited (Joint Broker) 
  John Goold / Dominic King                  0203 829 5000 
 MHP Communications                          0203 128 8572 
  Reg Hoare / Charlie Barker / Florence     epwin@mhpc.com 
  Mayo 
 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Jonathan Bednall 
     --------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------ 
 a)   Position/status             Chief Executive Officer 
     --------------------------  -------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------ 
 a)   Name                        Epwin Group Plc 
     --------------------------  -------------------------------------- 
 b)   LEI                         213800LKMG4PDH2F8I85 
     --------------------------  -------------------------------------- 
 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 0.05p each 
       financial instrument, 
       type of instrument          GB00BNGY4Y86 
 
       Identification code 
     --------------------------  -------------------------------------- 
 b)   Nature of the transaction   Issue of New Ordinary Shares pursuant 
                                   to an LTIP scheme 
     --------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
                                     89.1 pence    294,701 
                                                  ---------- 
     --------------------------  -------------------------------------- 
 d)   Aggregated information      As above 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction     16 December 2020 
     --------------------------  -------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Christopher Empson 
     --------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------ 
 a)   Position/status             Group Finance Director 
     --------------------------  -------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------ 
 a)   Name                        Epwin Group Plc 
     --------------------------  -------------------------------------- 
 b)   LEI                         213800LKMG4PDH2F8I85 
     --------------------------  -------------------------------------- 
 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 0.05p each 
       financial instrument, 
       type of instrument          GB00BNGY4Y86 
 
       Identification code 
     --------------------------  -------------------------------------- 
 b)   Nature of the transaction   Issue of New Ordinary Shares pursuant 
                                   to an LTIP scheme 
     --------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
                                     89.1 pence    245,665 
                                                  ---------- 
     --------------------------  -------------------------------------- 
 d)   Aggregated information      As above 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction     16 December 2020 
     --------------------------  -------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Shaun Hanrahan 
     --------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------ 
 a)   Position/status             Executive Director 
     --------------------------  -------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------ 
 a)   Name                        Epwin Group Plc 
     --------------------------  -------------------------------------- 
 b)   LEI                         213800LKMG4PDH2F8I85 
     --------------------------  -------------------------------------- 
 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 0.05p each 
       financial instrument, 
       type of instrument          GB00BNGY4Y86 
 
       Identification code 
     --------------------------  -------------------------------------- 
 b)   Nature of the transaction   Issue of New Ordinary Shares pursuant 
                                   to an LTIP scheme 
     --------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
                                     89.1 pence    280,879 
                                                  ---------- 
     --------------------------  -------------------------------------- 
 d)   Aggregated information      As above 
 
       - Aggregated volume 
 
       - Price 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction     16 December 2020 
     --------------------------  -------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  -------------------------------------- 
 

About Epwin

Epwin is the leading manufacturer of low maintenance building products, supplying the Repair, Maintenance and Improvement (" RMI"), new build and social housing sectors. The Company is incorporated, domiciled and operates principally in the United Kingdom.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOETABPTMTBBBMM

(END) Dow Jones Newswires

December 16, 2020 02:05 ET (07:05 GMT)

1 Year Epwin Chart

1 Year Epwin Chart

1 Month Epwin Chart

1 Month Epwin Chart

Your Recent History

Delayed Upgrade Clock