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MAI Maintel Holdings Plc

275.00
21.00 (8.27%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Maintel Holdings Plc LSE:MAI London Ordinary Share GB00B046YG73 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  21.00 8.27% 275.00 270.00 280.00 275.00 275.00 275.00 42 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Tele & Telegraph Apparatus 91.04M -4.36M -0.3036 -9.06 39.5M

Maintel Holdings PLC Grant and Surrender of Options (9846X)

02/05/2023 7:00am

UK Regulatory


Maintel (LSE:MAI)
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TIDMMAI

RNS Number : 9846X

Maintel Holdings PLC

02 May 2023

Maintel Holdings Plc ("Maintel" or "the Company")

Grant and Surrender of Options

Grant of New Options

The Company announces that on 28 April 2023, 525,000 options (the "New Options") were granted over ordinary shares of 1 pence each in Maintel ("Ordinary Shares") to certain Directors and other employees, in accordance with the rules of the Company's 2015 Long-Term Incentive Plan ("LTIP"), incorporating the CSOP as a schedule.

 
Name             Scheme   Number of Ordinary    Exercise  Resultant number 
                           Shares over which     Price     of options over 
                           New Options granted             Ordinary Shares 
Carol Thompson   CSOP     52,173                GBP1.15   200,000 
  LTIP                     147,827               GBP1.15 
Dan Davies       CSOP     52,173                GBP1.15   100,000 
  LTIP                     47,827                GBP1.15 
Gabriel Pirona   CSOP     52,173                GBP1.15   125,000 
  LTIP                     72,827                GBP1.15 
 

The table below sets out all grants made under the LTIP to Directors:

The awards were made as market value priced options and the exercise price was determined by reference to the previous dealing day's closing middle market price. The awards are subject to the recipients' continuous employment. The awards are not subject to the achievement of performance conditions. The normal date of vesting for these options will be the third anniversary of the grant and the last date for exercise will be tenth anniversary of the grant.

Surrender of Existing Options

The Company also announces that on 28 April 2023, Dan Davies and Gabriel Pirona have surrendered, for no consideration, the following options over Ordinary Shares (the "Surrendered Options") that were previously granted to them pursuant to the terms of the LTIP.

 
Name            Scheme  Number of Ordinary    Exercise  Date of grant 
                         Shares over which     Price     of Surrendered 
                         Surrendered Options             Options 
                         subsisted 
Dan Davies      CSOP    2,000                 GBP6.75   12/04/2018 
                 CSOP    3,267                 GBP5.05   26/04/2019 
                 LTIP    9,733                 GBP5.05   26/04/2019 
                 LTIP    10,000                GBP2.74   17/01/2020 
                 LTIP    50,000                GBP2.21   17/09/2020 
                 LTIP    70,000                GBP3.35   05/04/2022 
Gabriel Pirona  CSOP    9,090                 GBP3.30   05/05/2022 
                 LTIP    40,910                GBP3.30   05/05/2022 
 

For further information please contact:

 
 
  Maintel Holdings Plc 
  Carol Thompson, Executive Chair 
   Gab Pirona, Chief Financial Officer 
   Dan Davies, Chief Technology Officer                    0344 871 1122 
 
  finnCap (Nomad and Broker) 
  Jonny Franklin-Adams / Emily Watts / Fergus Sullivan 
   (Corporate Finance) 
   Sunila de Silva (Corporate Broking)                     020 7220 0500 
 

The Notification of Dealing Form set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 
1.   Details of the person discharging managerial responsibilities/person 
      closely associated 
a)   Name:                                         Carol Thompson 
     --------------------------------------------  ---------------------------------------- 
2.   Reason for the notification 
     -------------------------------------------------------------------------------------- 
a)   Position/status:                              Executive Chairman 
     --------------------------------------------  ---------------------------------------- 
b)   Initial notification/Amendment:               Initial notification 
     --------------------------------------------  ---------------------------------------- 
3.   Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------------------- 
a)   Name:                                         Maintel Holdings Plc 
     --------------------------------------------  ---------------------------------------- 
b)   LEI:                                          2138008TDMNV6ODDI497 
     --------------------------------------------  ---------------------------------------- 
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                  Ordinary Shares of 1p each 
      instrument, type of instrument: 
                                                    GB00B046YG73 
      Identification code: 
     --------------------------------------------  ---------------------------------------- 
b)   Nature of the transaction:                    Grant of options over Ordinary 
                                                    Shares under the Company's 2015 
                                                    Long-Term Incentive Plan 
     --------------------------------------------  ---------------------------------------- 
 
c)   Price(s) and volume(s):                             Price(s)        Volume(s) 
     --------------------------------------------  ----  --------------  --------------- 
                                                         GBP1.15           52,173 
    GBP1.15                                                                147,827 
   --------------------------------------------------------------------  --------------- 
 
d)   Aggregated information:                             Price(s)        Volume(s) 
 
      Aggregated volume: 
 
      Price: 
     --------------------------------------------  ----  --------------  --------------- 
   GBP1.15                                                               200,000 
   --------------------------------------------------------------------  --------------- 
e)   Date of the transaction:                      28 April 2023 
     --------------------------------------------  ---------------------------------------- 
f)   Place of the transaction:                     Off market transaction 
     --------------------------------------------  ---------------------------------------- 
 
 
1.   Details of the person discharging managerial responsibilities/person 
      closely associated 
a)   Name:                                         Dan Davies 
     --------------------------------------------  ---------------------------------------- 
2.   Reason for the notification 
     -------------------------------------------------------------------------------------- 
a)   Position/status:                              Chief Technology Officer 
     --------------------------------------------  ---------------------------------------- 
b)   Initial notification/Amendment:               Initial notification 
     --------------------------------------------  ---------------------------------------- 
3.   Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------------------- 
a)   Name:                                         Maintel Holdings Plc 
     --------------------------------------------  ---------------------------------------- 
b)   LEI:                                          2138008TDMNV6ODDI497 
     --------------------------------------------  ---------------------------------------- 
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                  Ordinary Shares of 1p each 
      instrument, type of instrument: 
                                                    GB00B046YG73 
      Identification code: 
     --------------------------------------------  ---------------------------------------- 
b)   Nature of the transaction:                    Grant of options over Ordinary 
                                                    Shares under the Company's 2015 
                                                    Long-Term Incentive Plan 
     --------------------------------------------  ---------------------------------------- 
 
c)   Price(s) and volume(s):                             Price(s)        Volume(s) 
     --------------------------------------------  ----  --------------  --------------- 
                                                         GBP1.15         52,173 
    GBP1.15                                                               47,827 
   --------------------------------------------------------------------  --------------- 
 
d)   Aggregated information:                             Price(s)        Volume(s) 
 
      Aggregated volume: 
 
      Price: 
     --------------------------------------------  ----  --------------  --------------- 
   GBP1.15                                                               100,000 
   --------------------------------------------------------------------  --------------- 
e)   Date of the transaction:                      28 April 2023 
     --------------------------------------------  ---------------------------------------- 
f)   Place of the transaction:                     Off market transaction 
     --------------------------------------------  ---------------------------------------- 
 
 
1.   Details of the person discharging managerial responsibilities/person 
      closely associated 
a)   Name:                                         Gabriel Pirona 
     --------------------------------------------  ---------------------------------------- 
2.   Reason for the notification 
     -------------------------------------------------------------------------------------- 
a)   Position/status:                              Chief Financial Officer 
     --------------------------------------------  ---------------------------------------- 
b)   Initial notification/Amendment:               Initial notification 
     --------------------------------------------  ---------------------------------------- 
3.   Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------------------- 
a)   Name:                                         Maintel Holdings Plc 
     --------------------------------------------  ---------------------------------------- 
b)   LEI:                                          2138008TDMNV6ODDI497 
     --------------------------------------------  ---------------------------------------- 
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                  Ordinary Shares of 1p each 
      instrument, type of instrument: 
                                                    GB00B046YG73 
      Identification code: 
     --------------------------------------------  ---------------------------------------- 
b)   Nature of the transaction:                    Grant of options over Ordinary 
                                                    Shares under the Company's 2015 
                                                    Long-Term Incentive Plan 
     --------------------------------------------  ---------------------------------------- 
 
c)   Price(s) and volume(s):                             Price(s)        Volume(s) 
     --------------------------------------------  ----  --------------  --------------- 
                                                         GBP1.15         52,173 
    GBP1.15                                                               72,827 
   --------------------------------------------------------------------  --------------- 
 
d)   Aggregated information:                             Price(s)        Volume(s) 
 
      Aggregated volume: 
 
      Price: 
     --------------------------------------------  ----  --------------  --------------- 
   GBP1.15                                                               125,000 
   --------------------------------------------------------------------  --------------- 
e)   Date of the transaction:                      28 April 2023 
     --------------------------------------------  ---------------------------------------- 
f)   Place of the transaction:                     Off market transaction 
     --------------------------------------------  ---------------------------------------- 
 
 
1.   Details of the person discharging managerial responsibilities/person 
      closely associated 
a)   Name:                                           Gabriel Pirona 
     ----------------------------------------------  ------------------------------------------- 
2.   Reason for the notification 
     ------------------------------------------------------------------------------------------- 
a)   Position/status:                                Chief Financial Officer 
     ----------------------------------------------  ------------------------------------------- 
b)   Initial notification/Amendment:                 Initial notification 
     ----------------------------------------------  ------------------------------------------- 
3.   Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------------- 
a)   Name:                                           Maintel Holdings Plc 
     ----------------------------------------------  ------------------------------------------- 
b)   LEI:                                            2138008TDMNV6ODDI497 
     ----------------------------------------------  ------------------------------------------- 
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                    Ordinary Shares of 1p each 
      instrument, type of instrument: 
                                                      GB00B046YG73 
      Identification code: 
     ----------------------------------------------  ------------------------------------------- 
b)   Nature of the transaction:                      Surrender of options granted pursuant 
                                                      to the Company's 2015 Long-Term 
                                                      Incentive Plan 
     ----------------------------------------------  ------------------------------------------- 
 
c)   Price(s) and volume(s):                          Price(s)             Volume(s) 
     ----------------------------------------------   -------------------  ------------------- 
   Nil                                                                     9,090 
   ----------------------------------------------------------------------  ------------------- 
   Nil                                                                     40,910 
   ----------------------------------------------------------------------  ------------------- 
 
d)   Aggregated information:                          Price(s)             Volume(s) 
 
      Aggregated volume: 
 
      Price: 
     ----------------------------------------------   -------------------  ------------------- 
   Nil                                                                     50,000 
   ----------------------------------------------------------------------  ------------------- 
e)   Date of the transaction:                        28 April 2023 
     ----------------------------------------------  ------------------------------------------- 
f)   Place of the transaction:                       Off market transaction 
     ----------------------------------------------  ------------------------------------------- 
 
 
1.   Details of the person discharging managerial responsibilities/person 
      closely associated 
a)   Name:                                           Daniel Davies 
     ----------------------------------------------  ------------------------------------------- 
2.   Reason for the notification 
     ------------------------------------------------------------------------------------------- 
a)   Position/status:                                Chief Technology Officer 
     ----------------------------------------------  ------------------------------------------- 
b)   Initial notification/Amendment:                 Initial notification 
     ----------------------------------------------  ------------------------------------------- 
3.   Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------------- 
a)   Name:                                           Maintel Holdings Plc 
     ----------------------------------------------  ------------------------------------------- 
b)   LEI:                                            2138008TDMNV6ODDI497 
     ----------------------------------------------  ------------------------------------------- 
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                    Ordinary Shares of 1p each 
      instrument, type of instrument: 
                                                      GB00B046YG73 
      Identification code: 
     ----------------------------------------------  ------------------------------------------- 
b)   Nature of the transaction:                      Surrender of options granted pursuant 
                                                      to the Company's 2015 Long-Term 
                                                      Incentive Plan 
     ----------------------------------------------  ------------------------------------------- 
 
c)   Price(s) and volume(s):                          Price(s)             Volume(s) 
     ----------------------------------------------   -------------------  ------------------- 
   Nil                                                                     2,000 
   ----------------------------------------------------------------------  ------------------- 
   Nil                                                                     3,267 
   ----------------------------------------------------------------------  ------------------- 
   Nil                                                                     9,733 
   ----------------------------------------------------------------------  ------------------- 
   Nil                                                                     10,000 
   ----------------------------------------------------------------------  ------------------- 
   Nil                                                                     50,000 
   ----------------------------------------------------------------------  ------------------- 
   Nil                                                                     70,000 
   ----------------------------------------------------------------------  ------------------- 
 
d)   Aggregated information:                          Price(s)             Volume(s) 
 
      Aggregated volume: 
 
      Price: 
     ----------------------------------------------   -------------------  ------------------- 
   Nil                                                                     145,000 
   ----------------------------------------------------------------------  ------------------- 
e)   Date of the transaction:                        28 April 2023 
     ----------------------------------------------  ------------------------------------------- 
f)   Place of the transaction:                       Off market transaction 
     ----------------------------------------------  ------------------------------------------- 
 

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