Latham(James) PLC Grant of Options (8620V)

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RNS Number : 8620V

Latham(James) PLC

11 April 2023

James Latham plc

("James Latham" or "the Company")

Grant of Options

The Board of James Latham announces that, on 11 April 2023, it issued options over 2,675 ordinary shares of 25p each in the Company to Andrew Wright (Managing Director) under the Company's Deferred Bonus Scheme 2012, to be exercised for nil consideration in three years' time. No performance conditions are attached to this award.

For further information please visit www.lathamtimber.co.uk , or contact:

 
 James Latham plc                                Tel: [phone] 
 Nick Latham, Chairman 
 David Dunmow, Finance Director 
 
 SP Angel Corporate Finance LLP 
 Matthew Johnson / Charlie Bouverat (Corporate   Tel: [phone] 
  Finance) 
 Rob Rees (Corporate Broking) 
 

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
 a)    Name                            1.   Andrew Wright 
      ------------------------------  ------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------- 
 a)    Position/status                 1.   Managing Director 
      ------------------------------  ------------------------------------- 
 b)    Initial notification            Initial Notification 
        /Amendment 
      ------------------------------  ------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
      --------------------------------------------------------------------- 
 a)    Name                            James Latham plc 
      ------------------------------  ------------------------------------- 
 b)    LEI                             2138008M4LVEDHBPBU41 
      ------------------------------  ------------------------------------- 
 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 of 25p each 
        financial instrument, 
        type of instrument 
 
       Identification code             GB00B04NP100 
 
 b)    Nature of the transaction       Grant of options over Ordinary 
                                        Shares 
      ------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s) 
                                       ----------------  ---------------- 
                                        Price(s)          Volume(s) 
                                       ----------------  ---------------- 
    1.   Nil                                                1.   2,675 
   ----------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume             As above 
 
  - Price 
 
 e)    Date of the transaction         11 April 2023 
      ------------------------------  ------------------------------------- 
 f)    Place of the transaction        Outside a trading venue 
      ------------------------------  ------------------------------------- 
 

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END

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April 11, 2023 10:24 ET (14:24 GMT)