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PRP Prime People Plc

67.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Prime People Plc LSE:PRP London Ordinary Share GB00B4ZG0R74 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 67.00 63.00 71.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Prime People PLC Grant of Options (9988J)

29/12/2020 10:30am

UK Regulatory


Prime People (LSE:PRP)
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TIDMPRP

RNS Number : 9988J

Prime People PLC

29 December 2020

29 December 2020

Prime People plc

("Prime People" or the "Company")

Grant of Options

Prime People plc (AIM: PRP), the global specialist recruitment business for professional and technical staff working in the Real Estate & Built Environment and Technology, Digital & Data Analytics sectors, announces that on 28 December 2020, the Company granted share options over a total of 725,000 ordinary shares of 10p each in the Company ("Ordinary Shares"), under the Company's Enterprise Management Incentive Share Option Scheme (Number 2), to the following persons discharging managerial responsibilities ("PDMRs") (the "New Share Options"):

 
                  New Share Options granted 
PDMR 
Simon Crabb                         325,000 
William Buck                        250,000 
Nicholas Carman                     150,000 
 

In summary, the principal terms of the New Share Options are:

   --    exercisable at a price of 10 pence per share prior to 28 December 2030; 

-- subject to a three-year vesting period, vesting on 30 September 2023 (the "Vesting Date") subject to satisfaction of specific performance conditions including a minimum Group EBITDA hurdle; and

-- the new ordinary shares issued as a result of exercise of any of the New Share Options are subject to an additional two year holding period.

Following the grant of the New Share Options, the Company has a total of 1,113,000 new ordinary shares currently under option, representing approximately 9.18 per cent of the Company's issued share capital.

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further details.

For further information, please contact:

 
 
 Prime People                            020 7318 1785 
 Robert Macdonald, Executive Chairman 
 
 
 Cenkos Securities plc                   020 7397 8900 
 Katy Birkin/Nick Wells 
 

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                                      Simon Crabb 
      ----------------------------------------  ---------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                           PDMR 
      ----------------------------------------  ---------------------------------------- 
 b)    Initial notification/Amendment            Initial Notification 
      ----------------------------------------  ---------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                      Prime People Plc 
      ----------------------------------------  ---------------------------------------- 
 b)    LEI                                       213800IY9PFL1DOWHY26 
      ----------------------------------------  ---------------------------------------- 
 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 10p each 
        instrument, type of instrument 
      ----------------------------------------  ---------------------------------------- 
       Identification code                       GB00B4ZG0R74 
      ----------------------------------------  ---------------------------------------- 
 b)    Nature of the transaction                 Grant of options to acquire 
                                                  ordinary shares under the Company's 
                                                  Enterprise Management Incentive 
                                                  Share Option Scheme (Number 
                                                  2) 
      ----------------------------------------  ---------------------------------------- 
 c)    Price(s) and volumes(s)                        Price(s)            Volume(s) 
      ----------------------------------------  -------------------  ------------------- 
                               GBP0.00                                     325,000 
  -----------------------------------------------------------------  ------------------- 
 d)    Aggregated information                    N/A single transaction 
      ----------------------------------------  ---------------------------------------- 
  Aggregated volume                         N/A single transaction 
 ----------------------------------------  --------------------------------------------- 
  Price                                     N/A single transaction 
 ----------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                   28 December 2020 
      ----------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                  Outside of a trading venue 
      ----------------------------------------  ---------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      William Buck 
      ----------------------------------------  ---------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                           PDMR 
      ----------------------------------------  ---------------------------------------- 
 b)    Initial notification/Amendment            Initial Notification 
      ----------------------------------------  ---------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                      Prime People Plc 
      ----------------------------------------  ---------------------------------------- 
 b)    LEI                                       213800IY9PFL1DOWHY26 
      ----------------------------------------  ---------------------------------------- 
 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 10p each 
        instrument, type of instrument 
      ----------------------------------------  ---------------------------------------- 
       Identification code                       GB00B4ZG0R74 
      ----------------------------------------  ---------------------------------------- 
 b)    Nature of the transaction                 Grant of options to acquire 
                                                  ordinary shares under the Company's 
                                                  Enterprise Management Incentive 
                                                  Share Option Scheme (Number 
                                                  2) 
      ----------------------------------------  ---------------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)             Volume(s) 
      ----------------------------------------  -------------------  ------------------- 
   GBP0.00                                                            250,000 
  -----------------------------------------------------------------  ------------------- 
 d)    Aggregated information                    N/A single transaction 
      ----------------------------------------  ---------------------------------------- 
  Aggregated volume                         N/A single transaction 
 ----------------------------------------  --------------------------------------------- 
  Price                                     N/A single transaction 
 ----------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                   28 December 2020 
      ----------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                  Outside of a trading venue 
      ----------------------------------------  ---------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      Nicholas Carman 
      ----------------------------------------  ---------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                           PDMR 
      ----------------------------------------  ---------------------------------------- 
 b)    Initial notification/Amendment            Initial Notification 
      ----------------------------------------  ---------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                      Prime People Plc 
      ----------------------------------------  ---------------------------------------- 
 b)    LEI                                       213800IY9PFL1DOWHY26 
      ----------------------------------------  ---------------------------------------- 
 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 10p each 
        instrument, type of instrument 
      ----------------------------------------  ---------------------------------------- 
       Identification code                       GB00B4ZG0R74 
      ----------------------------------------  ---------------------------------------- 
 b)    Nature of the transaction                 Grant of options to acquire 
                                                  ordinary shares under the Company's 
                                                  Enterprise Management Incentive 
                                                  Share Option Scheme (Number 
                                                  2) 
      ----------------------------------------  ---------------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)             Volume(s) 
      ----------------------------------------  -------------------  ------------------- 
   GBP0.00                                                            150,000 
  -----------------------------------------------------------------  ------------------- 
 d)    Aggregated information                    N/A single transaction 
      ----------------------------------------  ---------------------------------------- 
  Aggregated volume                         N/A single transaction 
 ----------------------------------------  --------------------------------------------- 
  Price                                     N/A single transaction 
 ----------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                   28 December 2020 
      ----------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                  Outside of a trading venue 
      ----------------------------------------  ---------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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December 29, 2020 05:30 ET (10:30 GMT)

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