Arcontech Group PLC Grant of Options and Director/PDMR Shareholdings (3277D)
April 26 2017 - 2:01AM
UK Regulatory
TIDMARC
RNS Number : 3277D
Arcontech Group PLC
26 April 2017
ARCONTECH GROUP PLC
("Arcontech", the "Company" or the "Group")
Grant of Options and
Director/PDMR Shareholdings
Arcontech (AIM: ARC), the provider of products and services for
real-time financial market data processing and trading, announces
that on 25 April 2017, the Company granted options ("Options") over
a total of 230,397 ordinary shares in the capital of the Company
("Ordinary Shares") pursuant to the Arcontech Group plc Share
Option Scheme. Of these Options, 135,397 were granted to Persons
Discharging Managerial Responsibilities ("PDMRs") on behalf of the
Company, with 95,000 granted to other employees.
The Options are exercisable at 64.5 pence per Ordinary Share,
being the closing mid-market price of an Ordinary Share on 24 April
2017, the last dealing day prior to the grant of the Options. The
Options shall vest and may be exercised at any time on or after 25
April 2020, being the third anniversary of the date of the grant.
The Options will lapse on the tenth anniversary of the date of
grant.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Enquiries:
020 7256
Arcontech Group plc 2300
Louise Barton, Chairman of the
Remuneration Committee and Non-Executive
Director
Michael Levy - Group Finance
Director and Company Secretary
020 7220
finnCap Ltd (Nomad & Broker) 0500
Carl Holmes/Simon Hicks
To access more information on the Group please visit:
www.arcontech.com
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 Richard Last - Non-Executive
Chairman
Michael Levy - Group Finance
Director and Company Secretary
Louise Barton - Non-Executive
Director
Darren Lewis - Head of Development
Sarah Wisbey - Administration
Director
Will Pitcairn - Head of Support
--- ------------------------- ------------------------------------
2. Reason for the Notification
--- ---------------------------------------------------------------
a) Position/status See 1 (a) above - all are
PDMR's 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 Arcontech Group plc
--- ------------------------- ------------------------------------
b) LEI n/a
--- ------------------------- ------------------------------------
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 Grant of Options over Ordinary
the Financial Shares
instrument, type
of instrument
---
Identification GB00BDBBJZ03
code
--- ------------------------- ------------------------------------
b) Nature of the Grant of Options over Ordinary
transaction Shares
--- ------------------------- ------------------------------------
c) Price(s) and Exercise Price: 64.5 pence
volume(s) Volumes:
Richard Last - Options over
24,762 Ordinary Shares
Michael Levy - Options over
20,635 Ordinary Shares
Louise Barton - Options over
20,000 Ordinary Shares
Darren Lewis - Options over
40,000 Ordinary Shares
Sarah Wisbey - Options over
5,000 Ordinary Shares
Will Pitcairn - Options over
25,000 Ordinary Shares
--- ------------------------- ------------------------------------
d) Aggregated information: See 4 (c) above
* Aggregated volume
* Price
--- ------------------------- ------------------------------------
e) Date of the transaction 25 April 2017
--- ------------------------- ------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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