Norish PLC Exercise of options and PDMR Notification (1383M)

TIDMNSH

RNS Number : 1383M

Norish PLC

26 April 2018

Norish plc

Exercise of options and PDMR Notification

Norish plc ("Norish" or the "Company") announces that Aidan Hughes, Finance Director, has exercised 110,000 share options which were issued under the Company's Enterprise Management Incentive Scheme with an exercise price of GBP0.58 pence each. Application has been made for the new shares to be admitted to AIM and admission is expected to take place on 1 May 2018.

The new Ordinary Shares pursuant to the exercise of options will rank pari passu with the existing Norish Ordinary Shares. Following admission, Norish will have in issue 30,070,378 ordinary shares of EUR0.25 cent each ("Ordinary Shares").

Following the admission, Aidan Hughes' interest in the Company is 317,500 Ordinary Shares, representing approximately 1.1% of the Company's issued Ordinary Shares.

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                Aidan Hughes 
---  ------------------  -------------------------------------- 
 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status     Finance Director / PDMR 
---  ------------------  -------------------------------------- 
 b)   Initial             INITIAL NOTIFICATION 
       Notification 
       Amendment 
---  ------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                Norish PLC 
---  ------------------  -------------------------------------- 
 b)   LEI                 635400OV6CUEDS9IAI49 
---  ------------------  -------------------------------------- 
 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 NOMINAL VALUE 
       of the financial    EUR0.25 EACH 
       instrument, 
       type of             ISIN: IE0006447985 
       instrument 
       Identification 
       code 
---  ------------------  -------------------------------------- 
 b)   Nature of           Exercise of Options 
       the transaction 
---  ------------------  -------------------------------------- 
 c)   Price(s)              Price(s)                 Volume(s) 
       and volume(s)        =======================  ========== 
                             58 pence per Ordinary 
                              Share                   110,000 
                            =======================  ========== 
---  ------------------  -------------------------------------- 
 d)   Aggregated          NOT APPLICABLE - SINGLE TRANSACTION 
       information 
       - Aggregated 
       volume 
       - Price 
---  ------------------  -------------------------------------- 
 e)   Date of             25 April 2018 
       the transaction 
---  ------------------  -------------------------------------- 
 f)   Place of            London Stock Exchange - AIM (XLON) 
       the transaction 
---  ------------------  -------------------------------------- 
 g)   Additional 
       Information 
---  ------------------  -------------------------------------- 
 

ENDS

Enquiries:

Aidan Hughes

Finance Director

Tel: [phone]

Davy (Nominated Adviser)

Anthony Farrell

Matthew de Vere White

Tel: 00 353 (1) 614 8930

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 26, 2018 02:00 ET (06:00 GMT)