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HUNT Hunters Property Plc

70.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hunters Property Plc LSE:HUNT London Ordinary Share GB00BYMW5L71 ORD 4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 70.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Hunters Property PLC Grant of Share Awards (9274E)

09/07/2019 9:36am

UK Regulatory


Hunters Property (LSE:HUNT)
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From Apr 2019 to Apr 2024

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TIDMHUNT

RNS Number : 9274E

Hunters Property PLC

09 July 2019

For immediate release

9 July 2019

HUNTERS PROPERTY PLC

("Hunters" or the "Company" or the "Group")

Grant of Share Awards

Hunters (AIM - HUNT), one of the UK's largest franchised sales and lettings agency businesses, announces today that it has granted 1,500,000 options to subscribe for ordinary shares of 4p each ("Ordinary Shares") under the Hunters Property Senior Executive Share Option Scheme ("Share Scheme") to incentivise and retain key members of the executive management team.

Share options granted under the Share Scheme vest, subject to the achievement of certain earnings per share performance conditions, as to one third following the end of each of the Company's three financial years following year to December 2019. The exercise price of the Share Options is 4 pence per Ordinary Share. Share Options which have vested are exercisable following the preliminary announcement of the Company's results for the financial year to December 2020. Subject to the rules of the Scheme, Share Options lapse 10 years after the date of grant.

The awards include the following awards to Executive Directors which have been made in accordance with the rules of the Share Scheme:

 
 Director            New Share Options   % of existing 
                          granted         Issued Share 
                                            Capital* 
 Glynis Frew              325,000            1.00% 
 Ed Jones                 275,000            0.85% 
 Kevin Hollinrake         100,000            0.31% 
 

*using Hunters' total issued share capital of 32,502,088 Ordinary Shares as at 8 July 2019.

NOTIFICATIONS AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                Glynis Frew 
      ----------------------------------  ------------------------------- 
 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                                HUNTERS PROPERTY PLC 
      ----------------------------------  ------------------------------- 
 b)    LEI                                 213800ZD3BTE7NH9DQ29 
      ----------------------------------  ------------------------------- 
 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 4p each 
        financial instrument, 
        type of instrument                  GB00BYMW5L71 
        Identification code 
      ----------------------------------  ------------------------------- 
 b)    Nature of the transaction           Grant of Options 
      ----------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)                Price(s)    Volume(s) 
                                              N/A         325,000 
                                                         ---------- 
      ----------------------------------  ------------------------------- 
 d)    Aggregated information              N/A 
      ----------------------------------  ------------------------------- 
 e)    Date of the transaction             9 July 2019 
      ----------------------------------  ------------------------------- 
 f)    Place of the transaction            London Stock Exchange 
      ----------------------------------  ------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                Edward Anthony Jones 
      ----------------------------------  ------------------------------- 
 2     Reason for the 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                                HUNTERS PROPERTY PLC 
      ----------------------------------  ------------------------------- 
 b)    LEI                                 213800ZD3BTE7NH9DQ29 
      ----------------------------------  ------------------------------- 
 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 4p each 
        financial instrument, 
        type of instrument                  GB00BYMW5L71 
        Identification code 
      ----------------------------------  ------------------------------- 
 b)    Nature of the transaction           Grant of Options 
      ----------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)                Price(s)    Volume(s) 
                                              N/A         275,000 
                                                         ---------- 
      ----------------------------------  ------------------------------- 
 d)    Aggregated information              N/A 
      ----------------------------------  ------------------------------- 
 e)    Date of the transaction             9 July 2019 
      ----------------------------------  ------------------------------- 
 f)    Place of the transaction            London Stock Exchange 
      ----------------------------------  ------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                Kevin Hollinrake 
      ----------------------------------  ------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------- 
 a)    Position/status                     Chairman 
      ----------------------------------  ------------------------------- 
 b)    Initial notification                Initial notification 
        /Amendment 
      ----------------------------------  ------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------- 
 a)    Name                                HUNTERS PROPERTY PLC 
      ----------------------------------  ------------------------------- 
 b)    LEI                                 213800ZD3BTE7NH9DQ29 
      ----------------------------------  ------------------------------- 
 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 4p each 
        financial instrument, 
        type of instrument                  GB00BYMW5L71 
        Identification code 
      ----------------------------------  ------------------------------- 
 b)    Nature of the transaction           Grant of Options 
      ----------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)                Price(s)    Volume(s) 
                                              N/A         100,000 
                                                         ---------- 
      ----------------------------------  ------------------------------- 
 d)    Aggregated information              N/A 
      ----------------------------------  ------------------------------- 
 e)    Date of the transaction             9 July 2019 
      ----------------------------------  ------------------------------- 
 f)    Place of the transaction            London Stock Exchange 
      ----------------------------------  ------------------------------- 
 

For further information, please contact:

 
 Hunters Property Plc 
 
  Glynis Frew, Chief Executive Officer 
 
  Ed Jones, Chief Financial Officer       01904 756 197 
 SPARK Advisory Partners Limited 
 
  Andrew Emmott (Nominated Adviser)       020 3368 3555 
 Dowgate Capital Stockbrokers 
 
  James Serjeant (Corporate Broking)      020 3903 7715 
 

END

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.

END

DSHUKRWRKSABRRR

(END) Dow Jones Newswires

July 09, 2019 04:36 ET (08:36 GMT)

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