Titon Holdings PLC Grant of options and Director/PDMR Shareholding

RNS Number : 1170X

Titon Holdings PLC

19 July 2024

 

19 July 2024

Titon Holdings Plc

Grant of options and Director/PDMR Shareholding

 

Titon Holdings Plc (the "Company") announces that it has granted options to Tom Carpenter, Chief Executive over a total of 150,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares"). The options, which have been granted under the EMI Share Option Plan 2021, 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 70.0 pence.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides 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		Tom Carpenter
2	Reason for the notification
a)	Position/status		Chief Executive
b)	Initial notification /Amendment	Initial Notification
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 instrument, type of instrument    Identification code	Options over ordinary shares of 10 pence each in Titon Holdings Plc   Ordinary Share ISIN: GB0008941402
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      - Aggregated volume      - Price	150,000 options   Nil cost of grant
e)	Date of the transaction	19 July 2024
f)	Place of the transaction	Outside of a trading venue

 

 

 

 

For further information please contact: 

 

Titon Holdings plc Jamie Brooke, Non-Executive Chair	Tel: [phone]
Shore Capital - Nominated Adviser and Broker Daniel Bush Tom Knibbs	Tel: [phone]

 

 

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