Stadium Group PLC Grant of Share Options (1645F)

TIDMSDM

RNS Number : 1645F

Stadium Group PLC

15 May 2017

Stadium Group plc

Grant of share options under the 2017 Performance Share Plan

Stadium Group plc (AIM: SDM), a leading supplier of connectivity solutions, power supplies, human machine interface products and electronic assemblies, announces that the Company has granted a total of 840,000 options over ordinary shares in the Company with a nominal value of 5 pence each ("Ordinary Shares") under the 2017 Performance Share Plan. The options are exercisable at a price of 5 pence per Ordinary Share, after a period of 3 years, subject to the achievement of certain performance criteria. The options were granted to the directors listed below and other senior management. No consideration was paid in respect of the grant of awards.

Charlie Peppiatt (Chief Executive Officer)

On 15 May 2017, the Company granted options over 375,000 Ordinary Shares to Mr Peppiatt. Mr Peppiatt now holds 375,000 options under the 2017 Performance Share Plan, and a further 100,000 options under the 2006 Plan. Following this notification, Mr Peppiatt's total beneficial interest in 236,263 Ordinary Shares, representing 0.6% of the issued share capital of the Company, remains unchanged.

Winston North (Group Finance Director)

On 15 May 2017, the Company granted options over 75,000 Ordinary Shares to Mr North. Mr North now holds 75,000 options under the 2017 Performance Share Plan. Following this notification, Mr North currently has no beneficial interest in the Company's Ordinary Shares.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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)   Names                          Charlie Peppiatt 
 
                                      Winston North 
---  -----------------------------  ----------------------------- 
 2.   Reason for the Notification 
---  ------------------------------------------------------------ 
 a)   Position/status                See 1(a) above for positions 
                                      - all classified as 
                                      PDMRs of the Company 
---  -----------------------------  ----------------------------- 
 b)   Initial notification/          Initial Notification 
       Amendment 
---  -----------------------------  ----------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------ 
 a)   Name                           Stadium Group Plc 
---  -----------------------------  ----------------------------- 
 b)   LEI                            2138009U2TAZYH2D6772 
---  -----------------------------  ----------------------------- 
 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   In each case, the grant 
       instrument, type of            of Options over Ordinary 
       instrument                     Shares on 15 May 2017 
---  -----------------------------  ----------------------------- 
      Identification code            GB0008375098 
---  -----------------------------  ----------------------------- 
 b)   Nature of the transaction      Grant of Options over 
                                      Ordinary Shares 
---  -----------------------------  ----------------------------- 
 c)   Price(s) and volume(s)         Price: n/a 
                                      Volumes: 
                                      Charlie Peppiatt - 375,000 
                                      Options 
                                      Winston North - 75,000 
                                      Options 
---  -----------------------------  ----------------------------- 
 d)   Aggregated information:        n/a 
       -- Aggregated volume 
       -- Price 
---  -----------------------------  ----------------------------- 
 e)   Date of the transaction        15 May 2017 
---  -----------------------------  ----------------------------- 
 f)   Place of the transaction       Outside a trading venue 
---  -----------------------------  ----------------------------- 
 

For further information please contact:

Stadium Group plc www.stadiuminvestors.com

Charlie Peppiatt, Chief Executive Officer Tel: [phone]

Winston North, Finance Director

 
Walbrook PR      Tel: [phone] or [e-mail] 
Paul McManus                               Mob: [phone] 
Helen Cresswell                            Mob: [phone] 
 
N+1 Singer                                 Tel: [phone] 
Richard Lindley 
 

Nick Owen

About Stadium Group plc (www.stadiumgroupplc.com)

Stadium Group plc is a leading supplier of connectivity solutions, power supplies, human machine interface products and electronic assemblies with design and manufacturing operations in Europe and Asia. The Company consists of two divisions:

   1.    Technology Products (60% of 2016 revenues) 

-- Connectivity Solutions - design, integration and manufacture of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT") wireless solutions

-- Power Supplies (including Stontronics) - custom and standard power product solutions from 1W to 10kW

   --     Human Machine Interface - intelligent "HMI" integrated solutions 
   2.    Electronic Assembly (40% of 2016 revenues) - previously Electronic Manufacturing Services 
   --     Electronic manufacturing services to global original equipment manufacturers 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 15, 2017 09:37 ET (13:37 GMT)