Dialight PLC Director/PDMR Shareholding (5678D)
April 27 2017 - 7:30AM
UK Regulatory
TIDMDIA
RNS Number : 5678D
Dialight PLC
27 April 2017
Dialight plc ("Company")
Director/PDMR Shareholdings
27 April 2017
Options under the Dialight plc 2014 Sharesave Plan ("Plan")
On 26 April 2017, the under mentioned Directors/Persons
Discharging Managerial Responsibility were granted options over
ordinary shares of 1.89 pence each in the Company (ISIN:
GB0033057794) ("Shares") at a price of GBP8.072 per Share (the
"Option Price"). In accordance with the rules of the Plan, the
Option Price represents a 20% discount to the closing middle market
price of the Shares as at close of business on 3 April 2017, the
dealing day before the invitation to participate in the Plan was
made.
Name Number of Total number % of issued
options granted of Shares class
under the over which
Plan options in
the Plan held
following
notification
------------------ ----------------- --------------- ------------
Michael Sutsko
(Director) 2,168 2,168 0.007
------------------ ----------------- --------------- ------------
Fariyal Khanbabi
(Director) 2,229 2,229 0.007
------------------ ----------------- --------------- ------------
Michael Schratz 2,168 2,168 0.007
------------------ ----------------- --------------- ------------
Dennis Geary 800 2,713 0.008
------------------ ----------------- --------------- ------------
Rizwan Ahmad 776 2,012 0.006
------------------ ----------------- --------------- ------------
The number of options shown above represents the maximum number
of Shares over which the options are capable of being exercised
(normally from the third anniversary of grant) and will be funded
from the related monthly savings contract being opened to fund the
Option Price on exercise. The maximum savings are GBP500 per month
in the UK and the local currency equivalent (set on the invitation
date) outside the UK.
Participants in the Plan may opt to withdraw from the Plan and
be repaid their savings prior to that time.
The above transaction took place outside of a trading venue.
This announcement is made in accordance with Article 19.3 of the
Market Abuse Regulation.
Chris Fussell
General Counsel and Company Secretary
Tel: +44 (0) 20 3058 3546
This information is provided by RNS
The company news service from the London Stock Exchange
END
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