Titon Holdings PLC Director/PDMR Shareholding (3014G)

TIDMTON

RNS Number : 3014G

Titon Holdings PLC

23 July 2021

23 July 2021

Titon Holdings Plc

Grant of options and Director/PDMR Shareholding

Titon Holdings Plc (the "Company") announces that it has granted options to employees and Directors over a total of 260,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares"). The options, which have been granted under the EMI Share Option Plan 2021 approved by shareholders at the Group's most recent AGM, are subject to a performance condition as described in the Company's 2020 annual report and accounts, are expected to vest three years after the date of grant, will be exercisable for a period of seven years from vesting and each have an exercise price of 138.5 pence.

As part of this grant of options, Matthew Norris, CEO and a Board Director of the Company, and Carolyn Isom, Company Secretary, were granted 150,000 options and 50,000 options respectively.

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

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them .

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                         Matthew Norris 
 
 2    Reason for the notification 
     ------------------------------------------    ---------------------------------------- 
 a)   Position/status                              CEO 
 
 b)   Initial notification                          Initial Notification 
       /Amendment 
     ------------------------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, 
       auctioneer or auction monitor 
     -------------------------------------------------------------------------------------- 
 a)   Name                                        Titon Holdings plc 
     ------------------------------------------  ------------------------------------------ 
 b)   LEI                                         213800ZHXS8G27RM1D97 
     ------------------------------------------  ------------------------------------------ 
 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                Options over ordinary shares of 10 
       instrument, type of                         pence each in Titon Holdings Plc 
       instrument                                  Ordinary Share ISIN: GB0008941402 
       Identification code 
     ------------------------------------------  ------------------------------------------ 
b)   Nature of the transaction                      Grant of options over ordinary shares 
     ------------------------------------------  ------------------------------------------ 
c)   Price(s) and volume(s)                        Price(s)   Volume(s) 
                                                    Nil        150,000 options 
                                                              ---------------- 
     ------------------------------------------  ------------------------------------------ 
d)    Aggregated information                         150,000 options 
                                                      Nil cost of grant 
        *    Aggregated volume 
 
 
 
        *    Price 
     ------------------------------------------  ------------------------------------------ 
e)   Date of the transaction                        15 July 2021 
     ------------------------------------------  ------------------------------------------ 
f)   Place of the transaction                       Outside of a trading venue 
     ------------------------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                       Carolyn Isom 
 
 2    Reason for the notification 
     ----------------------------------------    ---------------------------------------- 
 a)   Position/status                            Company Secretary 
 
 b)   Initial notification                        Initial Notification 
       /Amendment 
     ----------------------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, 
       auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)   Name                                      Titon Holdings plc 
     ----------------------------------------  ------------------------------------------ 
 b)   LEI                                       213800ZHXS8G27RM1D97 
     ----------------------------------------  ------------------------------------------ 
 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              Options over ordinary shares of 10 
       instrument, type of                       pence each in Titon Holdings Plc 
       instrument                                Ordinary Share ISIN: GB0008941402 
       Identification code 
     ----------------------------------------  ------------------------------------------ 
b)   Nature of the transaction                    Grant of options over ordinary shares 
     ----------------------------------------  ------------------------------------------ 
c)   Price(s) and volume(s)                      Price(s)   Volume(s) 
                                                  Nil        50,000 options 
                                                            --------------- 
     ----------------------------------------  ------------------------------------------ 
d)   Aggregated information                        50,000 options 
                                                    Nil cost of grant 
       *    Aggregated volume 
 
 
 
       *    Price 
     ----------------------------------------  ------------------------------------------ 
e)   Date of the transaction                      15 July 2021 
     ----------------------------------------  ------------------------------------------ 
f)   Place of the transaction                     Outside of a trading venue 
     ----------------------------------------  ------------------------------------------ 
 

For further information please contact:

 
 Titon Holdings plc 
  Keith Ritchie                        Tel: [phone] 
 Shore Capital - Nominated Adviser   Tel: [phone] 
  and Broker 
  Edward Mansfield 
  Daniel Bush 
 

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July 23, 2021 06:15 ET (10:15 GMT)