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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ten Lifestyle Group Plc | LSE:TENG | London | Ordinary Share | GB00BF188X60 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.50 | -0.74% | 66.75 | 64.50 | 69.00 | 113,036 | 16:35:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 66.66M | 4.55M | 0.0543 | 12.38 | 56.36M |
TIDMTENG
RNS Number : 6960X
Ten Lifestyle Group PLC
22 December 2023
22 December 2023
Ten Lifestyle Group plc
("Ten" or the "Company")
Grant of Options
Ten Lifestyle Group plc (AIM: TENG), announces that it has granted options over ordinary shares of 0.1 pence in the Company ("Ordinary Shares") to certain 'persons discharging managerial responsibilities' of the Company ("PDMRs"), pursuant to the Ten Lifestyle Group plc Management Incentive Plan dated 9 November 2017 ("MIP Options"). The new MIP Options are being granted in respect of the three year period ending on the announcement of the Company's financial results for the year ending 31 August 2026 ("FY26 Results").
PDMR Position Number of Resulting total new MIP Options options held granted over Ordinary Shares Alex Cheatle CEO 194,000 1,773,680 ------------------- ----------------- ---------------- Andrew Long COO 94,000 1,153,350 ------------------- ----------------- ---------------- Alan Donald CFO 94,000 743,914 ------------------- ----------------- ---------------- Chief Proposition Victoria Carvalho Officer 30,000 371,950 ------------------- ----------------- ----------------
The nil cost MIP Options will vest subject to the performance conditions of the MIP Options based on total shareholder return ("TSR") over a three year period ending on the announcement of the FY26 Results. The Remuneration Committee believes the performance metrics appropriately incentivise and are aligned with the Company's strategic goals and the long-term interests of shareholders.
The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to the granting of these options.
1. Details of the person discharging managerial responsibilities / person closely associated a. Name 1. Alex Cheatle 2. Andrew Long 3. Alan Donald 4. Victoria Carvalho ------------------------------ ------------------------------------------------ 2. Reason for the notification -------------------------------------------------------------------------------- a. Position/status 1. CEO 2. Group COO 3. CFO 4. Chief Proposition Officer ------------------------------ ------------------------------------------------ b. Initial notification Initial notification /Amendment ------------------------------ ------------------------------------------------ 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor -------------------------------------------------------------------------------- a. Name Ten Lifestyle Group plc ------------------------------ ------------------------------------------------ b. LEI 213800YK94ZUOJUMN686 ------------------------------ ------------------------------------------------ 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 Options over Ordinary Shares of 0.1 pence the Financial instrument, GB00BF188X60 type of instrument Identification code ------------------------------ ------------------------------------------------ b. Nature of the Grant of options under the Management Incentive transaction Plan ------------------------------ ------------------------------------------------ c. Price(s) and volume(s) Price(s) Volume(s) 1. n/a 194,000 --------- ---------- 2. n/a 94,000 --------- ---------- 3. n/a 94,000 --------- ---------- 4. n/a 30,000 --------- ---------- ------------------------------ ------------------------------------------------ d. Aggregated information Price(s) Volume(s) * Aggregated volume 1. n/a 194,000 --------- ---------- 2. n/a 94,000 * Price --------- ---------- 3. n/a 94,000 --------- ---------- 4. n/a 30,000 --------- ---------- ------------------------------ ------------------------------------------------ e. Date of the transaction 22 December 2023 ------------------------------ ------------------------------------------------ f. Place of the transaction Outside a trading venue ------------------------------ ------------------------------------------------
- End -
For further information please visit www.tenlifestylegroup.com or call:
Ten Lifestyle Group plc Alex Cheatle, Chief Executive Officer +44 (0)20 7850 Alan Donald, Chief Financial Officer 2796 Singer Capital Markets Advisory LLP, Nominated Advisor and Broker Corporate Finance: James Moat / Oliver Platts Corporate Broking: Tom Salvesen / Charles +44 (0) 20 7496 Leigh-Pemberon 3000
Notes to Editors:
About Ten Lifestyle Group Plc
Ten Lifestyle Group plc partners with global financial institutions and other premium brands to attract and retain wealthy and mass affluent customers.
Millions of members have access to Ten's services across lifestyle, travel, dining, entertainment and retail benefits on behalf of over fifty clients including HSBC, Coutts and Royal Bank of Canada. Ten's partnerships are based on multi-year contracts generating revenue through platform-as-a-service and technology fees.
Ten's operations are underpinned by an increasingly sophisticated personalisation platform comprising industry-first, proprietary technology, thousands of supplier relationships and 25 years of proprietary expertise delivered from over 20 global offices.
Ten is on a mission to become the most trusted service platform in the world.
For further information please go to: www.tenlifestylegroup.com .
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END
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(END) Dow Jones Newswires
December 22, 2023 02:00 ET (07:00 GMT)
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