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PTY Partway Group Plc

0.85
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Partway Group Plc LSE:PTY London Ordinary Share GB00B1235860 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.85 0.80 0.90 0.85 0.85 0.85 111 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 41.6M -1.72M -0.0166 -0.51 876.15k

Parity Group PLC Grant of SAYE Options and PDMR Shareholdings (3276O)

16/05/2018 4:00pm

UK Regulatory


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TIDMPTY

RNS Number : 3276O

Parity Group PLC

16 May 2018

16 May 2018

Parity Group plc ("Parity "or the "Group")

Grant of Options under SAYE Scheme

Director/PDMR Shareholdings

The Board of Parity (AIM:PTY), the technology focussed consultancy and staffing business announces that as part of the Company's approved Save As You Earn ("SAYE") Scheme the following options to subscribe for ordinary shares of 2 pence each in the Company ("Ordinary Shares") were granted on 15 May 2018.

Under the Company's 2018 SAYE scheme (the "2018 SAYE"), which was made available to all Parity employees, a total of 41 employees of the Company, including two PDMR's, have applied to participate, resulting in the grant of options to subscribe for an aggregate of 2,271,240 Ordinary Shares (the "2018 SAYE Options").

The 2018 SAYE Options each have an exercise price, calculated in accordance with the rules of the 2018 Scheme, of 10.0 pence (representing a discount of 6 per cent. to the average closing mid-market price per Ordinary Share on 19 April 2018, being the last practicable day prior to the invitation to participate in the 2018 SAYE being made). Subject to the rules of the 2018 SAYE, participants will be able to exercise their 2018 SAYE Options within 6 months commencing from 15 May 2021.

Pursuant to the 2018 SAYE, the following PDMRs of the Company applied to participate, and have been granted 2018 SAYE Options in the amounts shown below:

 
 PDMR                                   SAYE Options 
-------------------------------------  ------------- 
 Andrew Foskett, MD of Professionals    90,000 
 Andrew Ogg, MD of Consultancy 
  Services                              90,000 
 

Contacts:

Parity Group PLC www.parity.net

Alan Rommel, CEO + 44 (0) 208 543 5353

Roger Antony, GFD

WH Ireland Limited www.whirelandcb.com

Mike Coe / Ed Allsopp +44 (0) 117 945 3470

MHP Communications parity@mhpc.com

Katie Hunt / Kelsey Traynor +44 (0)203 128 8100

The notifications below, made in accordance with the EU Market Abuse Regulation, provide further details in relation to the grant of 2018 SAYE Options to the PDMRs:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       Andrew Foskett 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            MD of Parity Professionals 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       Parity Group plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        213800YEHAYBJ63OHB38 
---  -------------------------  ------------------------------- 
 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              Ordinary shares of 2p each 
       the financial               GB00B1235860 
       instrument, type 
       of instrument 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Grant of options to subscribe 
       transaction                for new ordinary shares under 
                                  the Company's SAYE scheme 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Option Price(s)   Volume(s) 
                                   ----------------  ---------- 
                                    10.0p             90,000 
                                   ----------------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information      90,000 
       - Aggregated volume         GBP9,000.00 
       - Price 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    15 May 2018 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       Andrew Ogg 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            MD of Consultancy Services 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       Parity Group plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        213800YEHAYBJ63OHB38 
---  -------------------------  ------------------------------- 
 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              Ordinary shares of 2p each 
       the financial               GB00B1235860 
       instrument, type 
       of instrument 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Grant of options to subscribe 
       transaction                for new ordinary shares under 
                                  the Company's SAYE scheme 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Option Price(s)   Volume(s) 
                                   ----------------  ---------- 
                                    10.0p             90,000 
                                   ----------------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information      90,000 
       - Aggregated volume         GBP9,000.00 
       - Price 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    15 May 2018 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCAFMITMBABBRP

(END) Dow Jones Newswires

May 16, 2018 11:00 ET (15:00 GMT)

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