James Halstead PLC Director/PDMR Shareholding (8288H)

TIDMJHD

RNS Number : 8288H

James Halstead PLC

12 June 2017

James Halstead plc

("James Halstead" or the "Company")

(AIM:JHD)

PDMR Grant of Share Options

James Halstead plc (AIM: JHD) announces that in accordance with the rules of the James Halstead Share Option Plan, the Remuneration Committee has granted 100,000 options to Persons Discharging Managerial Responsibilities ("PDMRs") as listed below.

 
 PDMR             Position            Number      Exercise      Total        Total No. 
                                    of Options     Price         No.         of Options 
                                     granted                 of Options       held as 
                                                                 now         percentage 
                                                                held         of current 
                                                                               issued 
                                                                           share capital 
                  Group Chief 
 Mark Halstead     Executive          50,000       476.5       150,000          0.07% 
 Gordon R         Group Finance 
  Oliver           Director           50,000       476.5       70,000           0.03% 
 
 

The date of the grant is 12 June 2017 and the period of exercise is between the third and tenth anniversary from the date of the grant.

Following the grant of the Options the total number of ordinary shares in the Company under option is 701,500 representing 0.34% of the current issued share capital.

The notification set out below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail.

 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
 a)     Name                       1. Mark Halstead 
                                    2. Gordon Richard Oliver 
 2      Reason for the notification 
 a)     Position/status            Classified as PDMRs of the Company 
 b)     Initial notification       Initial Notification 
         /Amendment 
 3      Details of the issuer, emission allowance market 
         participant, auction platform, auctioneer or auction 
         monitor 
 a)     Name                       James Halstead plc 
 b)     LEI                        213800C8FFBYV06UL498 
 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                Ordinary Shares of 5p each 
         of the financial 
         instrument,                GB00B0LS8535 
         type of instrument 
         Identification 
         code 
 b)     Nature of the              Grant of Share Options 
         transaction 
 c)     Price(s) and                Exercise Prices      Volume(s) 
         volume(s)                    per share 
                                          1. 476.5p         1. 50,000 
                                           2. 476.5p         2. 50,000 
 d)     Aggregated information 
   - Aggregated 
    volume                           100,000 
   - Price                            476.5p 
 e)     Date of the                12 June 2017 
         transaction 
 f)     Place of the               London Stock Exchange - AIM 
         transaction 
 

Name of authorised official of issuer responsible for making notification:

David Drillingcourt, Company Secretary to James Halstead plc

This information is provided by RNS

The company news service from the London Stock Exchange

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June 12, 2017 07:54 ET (11:54 GMT)