FIH Group PLC Issue of share awards - 2018 LTIP and PDMR dealing (4924I)

TIDMFIH

RNS Number : 4924I

FIH Group PLC

21 March 2018

21 March 2018

FIH Group plc

("FIH" or "the Company")

Issue of share awards under the 2018 Long Term Incentive Plan and PDMR dealing

FIH Group plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics announces that, on 19 March 2018, the Company granted options over 104,689 ordinary shares in the Company ("Options") to 12 employees of the group under the Company's 2018 Long Term Incentive Plan.

The Options are subject to the achievement of two sets of performance conditions which include a requirement that the Company's share price increases by 33% before full vesting can occur. The Option grants have been agreed by the Company's Remuneration Committee whose members are all independent non-executive directors. The Options have an exercise price of ten pence being equal to the nominal value of an ordinary share of the Company and a three year vesting period. The Options expire on the fifth anniversary of the date of the grant.

Following the grant of the Options, the total number of options outstanding over shares in the Company is 370,920 equivalent to 3.0% of the Company's existing issued share capital.

Details of the PDMR option awards have been noted in the disclosure below.

ENDS

 
 Further enquiries: 
 
 FIH group plc                     Tel: +44 (0) 
                                    1279 461 630 
 John Foster 
 
 WH Ireland Limited                Tel: +44 (0) 
                                    20 7220 1666 
 Nominated Adviser and Broker 
  to FIH 
 Adrian Hadden 
 Jessica Cave 
 Alex Bond 
 
 FTI Consulting                    Tel: +44 (0) 
                                    20 3727 1000 
 Communications adviser to FIH 
 Edward Westropp 
 Eleanor Purdon 
 

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                                                      Carol Bishop 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Company Secretary, 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 granted under the FIH 
      instrument                                                Group plc 2018 Long term Incentive Plan 
 
      Identification code 
                                                                GB00BD0CWJ91 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of share options 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  10 pence    9,936 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information                                              Aggregated information 
         *    Aggregated volume                                              *    Aggregated volume 9,936 
 
 
         *    Price                                                          *    Price GBP993.6 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   19 March 2018 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
---  --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSEFFIFFASEFD

(END) Dow Jones Newswires

March 21, 2018 11:13 ET (15:13 GMT)