Maintel Holdings PLC Grant of Options (6255X)

TIDMMAI

RNS Number : 6255X

Maintel Holdings PLC

30 April 2019

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

Grant of Options

The Company announces that on 26 April 2019 options were granted over ordinary shares of 1 pence each in Maintel ("Ordinary Shares") to certain Directors, persons discharging managerial responsibilities ("PDMRs") and other employees, in accordance with the rules of the Company's 2015 Long-Term Incentive Plan ("LTIP"), with certain options being granted under the Company share option plan.

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

 
Director/PDMR    Scheme      Number of options  Exercise Price      Total number 
                          over Ordinary Shares             GBP   of options over 
                                                                 Ordinary Shares 
Stuart Legg        LTIP                 15,000            5.05            78,409 
Kevin Stevens      LTIP                  5,000            5.05            43,409 
 

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 not subject to the achievement of performance conditions. The normal date of vesting for these options will be 26 April 2022 and the last date for exercise will be 26 April 2029.

In addition to the LTIP grants set out in the above table, options over a further 20,000 Ordinary Shares were granted to senior employees, with an exercise price of GBP5.05.

Enquiries:

Maintel Holdings Plc

Win Chime - Company Secretary 020 7401 0562

finnCap Ltd

Jonny Franklin-Adams / Kate Bannatyne 020 7220 0500

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                      Stuart Legg 
     -----------------------------------------  ---------------------------------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------------------------------------- 
 a)   Position/status:                           Group Sales and Marketing Director 
     -----------------------------------------  ---------------------------------------------------------- 
 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 instrument,   Ordinary shares of 1p each 
       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) 
                                                    GBP5.05     15,000 
                                                               ---------- 
     -----------------------------------------  ---------------------------------------------------------- 
 d)   Aggregated information:                    Single transaction as in 4 c) above Price(s)    Volume(s) 
        *    Aggregated volume:                    GBP5.05     15,000 
                                                              ---------- 
 
        *    Price: 
     -----------------------------------------  ---------------------------------------------------------- 
 e)   Date of the transaction:                   26 April 2019 
     -----------------------------------------  ---------------------------------------------------------- 
 f)   Place of the transaction:                  Off market transaction 
     -----------------------------------------  ---------------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                 Kevin Stevens 
     ------------------------------------  --------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                      Chief Operating 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) 
                                               GBP5.05     5,000 
                                                          ---------- 
     ------------------------------------  --------------------------------- 
 d)   Aggregated information:               Single transaction as in 4 
        *    Aggregated volume:              c) above Price(s)    Volume(s) 
                                              GBP5.05     5,000 
                                                         ---------- 
        *    Price: 
     ------------------------------------  --------------------------------- 
 e)   Date of the transaction:              26 April 2019 
     ------------------------------------  --------------------------------- 
 f)   Place of the transaction:             Off market transaction 
     ------------------------------------  --------------------------------- 
 

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April 30, 2019 11:16 ET (15:16 GMT)