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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Safestyle Uk Plc | LSE:SFE | London | Ordinary Share | JE00BGP63272 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.32 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Manufacturing Industries,nec | 154.32M | -6.51M | -0.0469 | -0.07 | 444.37k |
TIDMSFE
RNS Number : 9624P
Safestyle UK PLC
23 February 2021
23 February 2021
Safestyle UK plc
("Safestyle" or the "Group")
Grant of Options
Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors for the UK homeowner market, announces that, on 22 February 2021, the Group granted to Mike Gallacher (Chief Executive Office) and Rob Neale (Chief Financial Officer) an aggregate of 480,000 nil-cost options over ordinary shares of 1 pence each in the Group (the "Options") under the Safestyle UK plc 2017 Performance Share Plan as follows:
Name of individual Number of % of issued Total number Director's Shares subject share capital of options interest to option over Ordinary in the Company's Shares issued share capital (exc. options) Mike Gallacher 275,000 0.20% 1,025,000 320,240 ---------------- --------------- --------------- ------------------ Rob Neale 205,000 0.15% 594,773 325,000 ---------------- --------------- --------------- ------------------
The options are subject to continued employment, achievement of EPS performance targets (as regards 75% of the award) and absolute Total Shareholder Return ('TSR') performance (as regards 25% of the award) for the year ending 31 December 2022. The two targets incentivise the Executive Directors to deliver both earnings and share price growth.
The EPS and TSR targets will be set out in the Group's Annal Report and Accounts for the year ending 31 December 2020 that will be issued following the Group's Preliminary Results Announcement at the end of March 2021.
Subject to the achievement of the above targets, these options will vest three years from the date of the grant on 22 February 2024.
In total 6,150,816 share options, which includes all existing options issued under the Group's sharesave schemes, are now outstanding representing approximately 4.5% of the Company's current issued share capital. The total number of Ordinary Shares currently in issue is 136,808,896.
The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.
Enquiries:
Safestyle UK plc via FTI Consulting Mike Gallacher, Chief Executive Officer Rob Neale, Chief Financial Officer Zeus Capital Limited (Nominated Adviser Tel: 0203 829 5000 & Joint Broker) Dan Bate / Daniel Harris / Dominic King Liberum Capital Limited (Joint Broker) Tel: 0203 100 2100 Neil Patel / Jamie Richards FTI Consulting (Financial PR) Tel: 0203 727 1000 Alex Beagley / James Styles / Sam Macpherson
About Safestyle UK plc
The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.
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: Mike Gallacher --------------------------------------------- ---------------------------------- 2 Reason for the notification --------------------------------------------------------------------------------- a) Position/Status: Chief Executive Officer --------------------------------------------- ---------------------------------- b) Initial Notification/Amendment: Initial Notification --------------------------------------------- ---------------------------------- 3 Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor --------------------------------------------------------------------------------- a) Name: Safestyle UK plc --------------------------------------------- ---------------------------------- b) LEI: 213800N1ZQBB3E7P8W75 --------------------------------------------- ---------------------------------- 4. Details of 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 GBP0.01 instrument: ISIN JE00BGP63272 Identification code: --------------------------------------------- ---------------------------------- b) Nature of the transaction: Grant of nil-cost share option --------------------------------------------- ---------------------------------- c) Price(s) and volume(s): Price(s) Volume(s) --------------------------------------------- ---------------- ---------------- Nil-cost 275,000 ------------------------------------------------------------------- ---------------- d) Aggregated volume: N/A Price: --------------------------------------------- ---------------------------------- e) Date of the Transaction: 22 February 2021 --------------------------------------------- ---------------------------------- f) Place of the Transaction: Outside a trading venue --------------------------------------------- ---------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated a) Name: Rob Neale -------------------------------------------- ---------------------------------- 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 participation, auction platform, auctioneer or auction monitor -------------------------------------------------------------------------------- a) Name: Safestyle UK plc -------------------------------------------- ---------------------------------- b) LEI: 213800N1ZQBB3E7P8W75 -------------------------------------------- ---------------------------------- 4. Details of 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 GBP0.01 instrument: ISIN JE00BGP63272 Identification code: -------------------------------------------- ---------------------------------- b) Nature of the transaction: Grant of nil-cost share option -------------------------------------------- ---------------------------------- c) Price(s) and volume(s): Volume(s) Volume(s) -------------------------------------------- ----------------- --------------- Nil-cost 205,000 ------------------------------------------------------------------- --------------- d) Aggregated volume: N/A Price: -------------------------------------------- ---------------------------------- e) Date of the Transaction: 22 February 2021 -------------------------------------------- ---------------------------------- f) Place of the Transaction: Outside a trading venue -------------------------------------------- ----------------------------------
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(END) Dow Jones Newswires
February 23, 2021 02:00 ET (07:00 GMT)
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