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FLTA Filta Group Holdings Plc

170.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Filta Group Holdings Plc LSE:FLTA London Ordinary Share GB00BDB7J920 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 170.00 165.00 175.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Filta Group Holdings PLC Awards of options and share appreciation rights (4755E)

08/05/2017 11:40am

UK Regulatory


Filta (LSE:FLTA)
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From May 2019 to May 2024

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TIDMFLTA

RNS Number : 4755E

Filta Group Holdings PLC

08 May 2017

Filta Group Holdings plc

("Filta" or the "Company")

8 May 2017

Awards of share options and share appreciation rights

The Company announces that, further to its previously announced intention, it has adopted a share option scheme, the 2017 Filta Group Holdings EMI Scheme, for the benefit of employees and that it has offered options to all qualifying UK employees, including awards to the following persons discharging managerial responsibilities ("PDMRs"):

 
                        No of       Vesting dates        Exercise 
                        options                        price (pence) 
--------------------  ---------  ------------------  --------------- 
 Debbie Sarson-Lowe     30,000    05.05.19-05.05.21        97p 
--------------------  ---------  ------------------  --------------- 
 Dave Burns             30,000    05.05.19-05.05.21        97p 
--------------------  ---------  ------------------  --------------- 
 Andy Stevens           30,000    05.05.19-05.05.21        97p 
--------------------  ---------  ------------------  --------------- 
 

The options may vest, subject to the satisfaction of certain conditions, over a period of 3 years between 2019 and 2021 and are exercisable at any time after vesting and within 10 years from now. Options have been awarded over a total of 330,000 ordinary shares, equivalent to 1.20% of the Company's current issued share capital.

The Company also announces that all qualifying US employees have been awarded share acquisition rights (SAR's). The SAR's are conditional bonuses whose value will be calculated by reference to the amount by which the price of the Company's ordinary shares has risen above the base price at the date of exercise, thus providing holders of SAR's the same reward value as if the SAR's were share options. The qualifying conditions and timing of vesting are identical to those within the share option scheme for UK employees. SAR's have been awarded to the following US-based Director and other PDMR's:

 
                           No of      Vesting dates     Base price 
                            SAR's                         (pence) 
------------------------  -------  ------------------  ----------- 
 Brian Hogan (Director)    90,000   05.05.19-05.05.21      97p 
------------------------  -------  ------------------  ----------- 
 Tom Dunn (PDMR)           90,000   05.05.19-05.05.21      97p 
------------------------  -------  ------------------  ----------- 
 Rob Totten (PDMR)         30,000   05.05.19-05.05.21      97p 
------------------------  -------  ------------------  ----------- 
 

A total of 352,500 SAR's have been awarded having an aggregate base price of GBP341,925.

For further information:

Filta Group Holdings plc

   Jason Sayers, Chief Executive    +1 407 996 5550 

Cenkos Securities

   Bobbie Hilliam, Harry Pardoe    020 7397 8927 
 
 
  1     Details of the person discharging managerial 
         responsibilities/person closely associated 
 ----  ------------------------------------------------------------------------------------- 
  a)    Name:                                       Debbie Sarson-Lowe 
 ----  ------------------------------------------  ----------------------------------------- 
  2     Reason for the notification 
 ----  ------------------------------------------------------------------------------------- 
  a)    Position/Status:                            PDMR (Chief Operating 
                                                     Officer, UK operations) 
 ----  ------------------------------------------  ----------------------------------------- 
  b)    Initial Notification/Amendment:             Initial Notification 
 ----  ------------------------------------------  ----------------------------------------- 
  3     Details of the issuer, emission allowance 
         market participation, auction platform, auctioneer 
         or auction monitor 
 ----  ------------------------------------------------------------------------------------- 
  a)    Name:                                       Filta Group Holdings plc 
 ----  ------------------------------------------  ----------------------------------------- 
  b)    LEI:                                        N/a 
 ----  ------------------------------------------  ----------------------------------------- 
  4.    Details of 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 10 
         financial instrument:                       pence each 
         Identification code:                        ISIN: GB00BFH55S51 
 ----  ------------------------------------------  ----------------------------------------- 
  b)    Nature of the transaction:                  Purchase of Ordinary shares 
 ----  ------------------------------------------  ----------------------------------------- 
  c)    Price(s) and volume(s):                               Price(s)             Volume(s) 
 ----  ------------------------------------------  -----------------------------  ---------- 
                                        Nil                                         30,000 
   -----------------------------------------------------------------------------  ---------- 
  d)    Aggregated volume:                          30,000 
         Price:                                      Nil 
 ----  ------------------------------------------  ----------------------------------------- 
  e)    Date of the Transaction:                    5 May 2017 
 ----  ------------------------------------------  ----------------------------------------- 
  f)    Place of the Transaction:                   N/a 
 ----  ------------------------------------------  ----------------------------------------- 
 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------------- 
 a)    Name:                               Dave Burns 
----  ----------------------------------  ------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------- 
 a)    Position/Status:                    PDMR (Sales Director, 
                                            UK operations) 
----  ----------------------------------  ------------------------------- 
 b)    Initial Notification/Amendment:     Initial Notification 
----  ----------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance 
        market participation, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------- 
 a)    Name:                               Filta Group Holdings plc 
----  ----------------------------------  ------------------------------- 
 b)    LEI:                                N/a 
----  ----------------------------------  ------------------------------- 
 4.    Details of 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 10 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00BFH55S51 
----  ----------------------------------  ------------------------------- 
 b)    Nature of the transaction:          Purchase of Ordinary shares 
----  ----------------------------------  ------------------------------- 
 c)    Price(s) and volume(s):                Price(s)        Volume(s) 
----  ----------------------------------  ---------------  -------------- 
                            Nil                                30,000 
  -------------------------------------------------------  -------------- 
 d)    Aggregated volume:                  30,000 
        Price:                              Nil 
----  ----------------------------------  ------------------------------- 
 e)    Date of the Transaction:            5 May 2017 
----  ----------------------------------  ------------------------------- 
 f)    Place of the Transaction:           N/a 
----  ----------------------------------  ------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------------- 
 a)    Name:                               Andy Stevens 
----  ----------------------------------  ------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------- 
 a)    Position/Status:                    PDMR (Finance Director, 
                                            UK operations) 
----  ----------------------------------  ------------------------------- 
 b)    Initial Notification/Amendment:     Initial Notification 
----  ----------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance 
        market participation, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------- 
 a)    Name:                               Filta Group Holdings plc 
----  ----------------------------------  ------------------------------- 
 b)    LEI:                                N/a 
----  ----------------------------------  ------------------------------- 
 4.    Details of 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 10 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00BFH55S51 
----  ----------------------------------  ------------------------------- 
 b)    Nature of the transaction:          Purchase of Ordinary shares 
----  ----------------------------------  ------------------------------- 
 c)    Price(s) and volume(s):                Price(s)        Volume(s) 
----  ----------------------------------  ---------------  -------------- 
                            Nil                                30,000 
  -------------------------------------------------------  -------------- 
 d)    Aggregated volume:                  30,000 
        Price:                              Nil 
----  ----------------------------------  ------------------------------- 
 e)    Date of the Transaction:            5 May 2017 
----  ----------------------------------  ------------------------------- 
 f)    Place of the Transaction:           N/a 
----  ----------------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFMGGKGRNGNZM

(END) Dow Jones Newswires

May 08, 2017 06:40 ET (10:40 GMT)

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