FIH Group PLC Exercise of Options, Director/PDMR and TVR (8021C)

TIDMFIH

RNS Number : 8021C

FIH Group PLC

19 June 2019

19 JUNE 2019

FIH group plc

("FIH" or "the Company")

Exercise of Options, Director/PDMR Shareholding and Total Voting Rights

FIH group plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics, announces that on 19 June 2019, it received a notice of exercise of option from Mr John Foster, Chief Executive of the Company. Such notice of exercise related to an option (the "Option") over 44,550 ordinary shares of GBP0.10 each in the Company ("Shares") under the terms of Part B of the Company's 2009 Executive Share Option Scheme.

The exercise price per Option was 290 pence and the aggregate total Option exercise price was GBP129,195. However, in accordance with the rules of the Option Scheme, sufficient Options were cancelled to settle the exercise price and the employee tax liabilities payable, in accordance with the rules of the Option Scheme.

As a result of the exercise of the Option, 2,006 Shares were issued to Mr John Foster on 19 June 2019 after accounting for deductions. The Shares issued pursuant to the Options exercise have already been admitted to trading on AIM ("Admission") under the Company's block listing.

Following this award, the underlying beneficial ownership of shares held by Mr. Foster including 1,375 matching shares from the Group's Share Incentive Plan, is 106,182 shares representing 0.85 per cent of the Company's 12,504,519 total voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, FIH under the FCA's Disclosure and Transparency Rules.

Enquiries:

 
      FIH group plc 
       John Foster, Chief Executive                           Tel: [phone] 
     WH Ireland Ltd. - NOMAD and Broker to FIH 
      Adrian Hadden / Jessica Cave / Lydia Zychowska          Tel: [phone] 
                                                      -------------------------- 
     FTI Consulting 
      Alex Beagley / Eleanor Purdon                          Tel: [phone] 
                                                      -------------------------- 
 

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                                                      John Foster 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Executive, FIH group plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/ Amendment                           Initial Notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      FIH group plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       2138004AXCMSNLBSNB42 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary Shares of 10p each 
      instrument 
 
      Identification code                                        GB00BD0CWJ91 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Exercise of share options 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                  GBP3.16     2,006 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  Exercise of 2,006 share options, with an exercise 
                                                                 price of GBP2.90, exercised at a market 
                                                                 price of GBP3.16 each, an aggregated price of 
         *    Price                                              GBP6,338.96. 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   19 June 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
     --------------------------------------------------------  ------------------------------------------------------- 
 

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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June 19, 2019 10:18 ET (14:18 GMT)