TIDMHSTN
RNS Number : 0413Y
Hansteen Holdings plc
30 November 2017
The following amendment has been made to the Notification of
Transactions of Directors, Persons Discharging Managerial
Responsibilities ("PDMRs") and persons closely associated with them
released on 8 November 2017 at 4.25pm RNS 9651V.
The announcement dated 8 November 2017 disclosed details of the
shares disposed by the directors and persons closely associated
with them ("PCAs") in the Tender Offer which completed on 7
November 2017. The directors and PCAs disposed of their Full
Proportional Entitlement which was comprised of their Individual
Basic Entitlement plus the balance of their Ordinary Shares above
their Individual Basic Entitlement to the extent that other
Shareholders did not tender at least their Individual Basic
Entitlement.
The announcement disclosed the disposals of each individual
director and PCA which amounted to 13,046,382 shares in aggregate
resulting in the directors and PCAs together holding 8,063,125
shares or 1.953% of the issued share capital following completion
of the Tender Offer.
Certain of the directors and PCAs held shares in nominee
accounts grouped together with other unrelated shareholders. As a
result the number of shares accepted in the Tender Offer and
allocated to the directors and PCAs by the administrators of the
nominee accounts depended on the shares tendered by the other
shareholders in those nominee accounts. In some cases this resulted
in the directors and PCA's being allocated more shares than the
expected 23.61% in excess of the Individual Basic Entitlements and
in aggregate, including certain minor rounding differences, this
amounted to 178,632 shares.
After adjusting for these differences, the actual number of
shares disposed in the Tender Offer by directors and PCAs amounted
to 13,225,014 shares in aggregate and resulted in the directors and
PCAs holding 7,884,493 or 1.909% of the issued share capital
following the completion of the Tender Offer.
The full amended text is shown below
Hansteen Holdings PLC
("Hansteen" or the "Company")
Notification of Transactions of Directors, Persons Discharging
Managerial Responsibilities ("PDMRs") and persons closely
associated with them
Further to the announcement made on 26 October 2017 and
completion of the tender offer on 7 November 2017, the Directors
and their closely association persons have, as disclosed in the
Tender Offer Circular dated 4 October 2017, disposed of their Full
Proportional Entitlement which is comprised of their Individual
Basic Entitlement plus the balance of their Ordinary Shares above
their Individual Basic Entitlement to the extent that other
Shareholders did not tender at least their Individual Basic
Entitlement.
Name Director/ Total Number of shares Balance
PDMR shares tendered being of shares
held immediately their Individual retained
prior Basic Entitlement after
to Tender plus the balance the
offer of their Ordinary Tender
Shares to the offer
extent that other
Shareholders
did not tender
at least their
Individual Basic
Entitlement being
Full Proportional
Entitlement
------------ ------------------ ------------------ ------------------- -----------
Wendy Spouse
Egglenton of Chairman 72,406 44,749 27,657
------------ ------------------ ------------------ ------------------- -----------
Senior
Independent
David Director/
Rough Director 62,500 61,077 1,423
------------ ------------------ ------------------ ------------------- -----------
Spouse
of Senior
Independent
Barbara Director
Rough / Director 12,500 12,500 0
------------ ------------------ ------------------ ------------------- -----------
Joint Chief
Morgan Executive
Jones / Director 9,515,506 5,880,901 3,634,605
------------ ------------------ ------------------ ------------------- -----------
Ian Joint Chief
Richard Executive
Watson / Director 8,515,506 5,262,867 3,252,639
------------ ------------------ ------------------ ------------------- -----------
Spouse
of Joint
Jacqueline Chief Executive
Watson / Director 1,000,000 618,033 381,967
------------ ------------------ ------------------ ------------------- -----------
Richard Finance
Philip Director
Lowes / Director 1,887,402 1,317,888 569,514
------------ ------------------ ------------------ ------------------- -----------
Spouse
of Finance
Bernadette Director
Lowes /Director 43,687 26,999 16,688
------------ ------------------ ------------------ ------------------- -----------
The notification below, which has been made in accordance with
the requirements of the EU Market Abuse Regulation, provides
further detail.
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) Name Wendy Egglenton
--- ---------------------------- -----------------------------------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Spouse of Chairman - Director
--- ---------------------------- -----------------------------------------------------------------------------------
b) Initial Initial Notification
notification/Amendment
--- ---------------------------- -----------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- ---------------------------- -----------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- ---------------------------- -----------------------------------------------------------------------------------
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 Ordinary shares of GBP0.10 each in the capital of Hansteen Holdings PLC
instrument, type of GB00B0PPFY88
instrument
Identification code
--- ---------------------------- -----------------------------------------------------------------------------------
b) Nature of transaction Disposal of Full Proportional Entitlement (as defined in the Tender Offer
Circular dated 4
October 2017)
--- ---------------------------- -----------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--- ---------------------------- ----------------------------- ----------------------------------------------------
GBP1.40 44,749
-------------------------------------------------------------- ----------------------------------------------------
d) Aggregated information Price Volume Total
- Aggregated volume
- Price
--- ---------------------------- ----------------------------- ---------------------- ----------------------------
GBP1.40 44,749 GBP62,648.60
-------------------------------------------------------------- ---------------------- ----------------------------
e) Date of the transaction 7 November 2017
--- ---------------------------- -----------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
--- ---------------------------- -----------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name David Rough
--- ---------------------------- -----------------------------------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Senior Independent Director - Director
--- ---------------------------- -----------------------------------------------------------------------------------
b) Initial Amendment Notification
notification/Amendment
--- ---------------------------- -----------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- ---------------------------- -----------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- ---------------------------- -----------------------------------------------------------------------------------
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 Ordinary shares of GBP0.10 each in the capital of Hansteen Holdings PLC
instrument, type of GB00B0PPFY88
instrument
Identification code
--- ---------------------------- -----------------------------------------------------------------------------------
b) Nature of transaction Disposal of Full Proportional Entitlement (as defined in the Tender Offer dated 4
October
2017)
--- ---------------------------- -----------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------------------- ----------------------------------------------------
GBP1.40 61,077
-------------------------------------------------------------- ----------------------------------------------------
d) Aggregated information Price Volume Total
- Aggregated volume
- Price
----------------------------- ---------------------- ----------------------------
GBP1.40 61,077 GBP85,507.80
-------------------------------------------------------------- ---------------------- ----------------------------
e) Date of the transaction 7 November 2017
--- ---------------------------- -----------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
--- ---------------------------- -----------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Barbara Rough
--- ---------------------------- -----------------------------------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Spouse of David Rough, Senior Independent Director - Director
--- ---------------------------- -----------------------------------------------------------------------------------
b) Initial Amendment Notification
notification/Amendment
--- ---------------------------- -----------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- ---------------------------- -----------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- ---------------------------- -----------------------------------------------------------------------------------
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 Ordinary shares of GBP0.10 each in the capital of Hansteen Holdings PLC
instrument, type of GB00B0PPFY88
instrument
Identification code
--- ---------------------------- -----------------------------------------------------------------------------------
b) Nature of transaction Disposal of Full Proportional Entitlement (as defined in the Tender Offer dated 4
October
2017)
--- ---------------------------- -----------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------------------- ----------------------------------------------------
GBP1.40 12,500
-------------------------------------------------------------- ----------------------------------------------------
d) Aggregated information Price Volume Total
- Aggregated volume
- Price
----------------------------- ---------------------- ----------------------------
GBP1.40 12,500 GBP17,500.00
-------------------------------------------------------------- ---------------------- ----------------------------
e) Date of the transaction 7 November 2017
--- ---------------------------- -----------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
--- ---------------------------- -----------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Morgan Jones
--- ----------------------------- ----------------------------------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Joint Chief Executive - Director
--- ----------------------------- ----------------------------------------------------------------------------------
b) Initial Amentment Notification
notification/Amendment
--- ----------------------------- ----------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- ----------------------------- ----------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- ----------------------------- ----------------------------------------------------------------------------------
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 Ordinary shares of GBP0.10 each in the capital of Hansteen Holdings PLC
instrument, type of GB00B0PPFY88
instrument
Identification code
--- ----------------------------- ----------------------------------------------------------------------------------
b) Nature of transaction Disposal of Full Proportional Entitlement (as defined in the Tender Offer dated 4
October
2017)
--- ----------------------------- ----------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------- -------------------------------------------------------
GBP1.40 5,880,901
----------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price Volume Total
- Aggregated volume
- Price
------------------------- ------------------------- ----------------------------
GBP1.40 5,880,901 GBP8,233,261.40
----------------------------------------------------------- ------------------------- ----------------------------
e) Date of the transaction 7 November 2017
--- ----------------------------- ----------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
--- ----------------------------- ----------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Ian Richard Watson
--- ---------------------------- -----------------------------------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Joint Chief Executive - Director
--- ---------------------------- -----------------------------------------------------------------------------------
b) Initial Amendment Notification
notification/Amendment
--- ---------------------------- -----------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- ---------------------------- -----------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- ---------------------------- -----------------------------------------------------------------------------------
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 Ordinary shares of GBP0.10 each in the capital of Hansteen Holdings PLC
instrument, type of GB00B0PPFY88
instrument
Identification code
--- ---------------------------- -----------------------------------------------------------------------------------
b) Nature of transaction Disposal of Full Proportional Entitlement (as defined in the Tender Offer dated 4
October
2017)
--- ---------------------------- -----------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------- --------------------------------------------------------
GBP1.40 5,262,867
---------------------------------------------------------- --------------------------------------------------------
d) Aggregated information Price Volume Total
- Aggregated volume
- Price
------------------------- --------------------------- ---------------------------
GBP1.40 5,262,867 GBP7,368,013.80
---------------------------------------------------------- --------------------------- ---------------------------
e) Date of the transaction 7 November 2017
--- ---------------------------- -----------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
--- ---------------------------- -----------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Jacqueline Watson
--- ---------------------------- -----------------------------------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Spouse of Ian Richard Watson, Joint Chief Executive - Director
--- ---------------------------- -----------------------------------------------------------------------------------
b) Initial Initial Notification
notification/Amendment
--- ---------------------------- -----------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- ---------------------------- -----------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- ---------------------------- -----------------------------------------------------------------------------------
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 Ordinary shares of GBP0.10 each in the capital of Hansteen Holdings PLC
instrument, type of GB00B0PPFY88
instrument
Identification code
--- ---------------------------- -----------------------------------------------------------------------------------
b) Nature of transaction Disposal of Full Proportional Entitlement (as defined in the Tender Offer dated 4
October
2017)
--- ---------------------------- -----------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------------------------- -----------------------------------------------------
GBP1.40 618,033
------------------------------------------------------------- -----------------------------------------------------
d) Aggregated information Price Volume Total
- Aggregated volume
- Price
---------------------------- ------------------------ ---------------------------
GBP1.40 618,033 GBP865,246.20
------------------------------------------------------------- ------------------------ ---------------------------
e) Date of the transaction 7 November 2017
--- ---------------------------- -----------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
--- ---------------------------- -----------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- ---------------------------------------------------------------------------------------------------------------
a) Name Richard Philip Lowes
--- ---------------------------- ---------------------------------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------------------------------------
a) Position/status Finance Director - Director
--- ---------------------------- ---------------------------------------------------------------------------------
b) Initial Amendment Notification
notification/Amendment
--- ---------------------------- ---------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- ---------------------------- ---------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- ---------------------------- ---------------------------------------------------------------------------------
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 Ordinary shares of GBP0.10 each in the capital of Hansteen Holdings PLC
instrument, type of GB00B0PPFY88
instrument
Identification code
--- ---------------------------- ---------------------------------------------------------------------------------
b) Nature of transaction Disposal of Full Proportional Entitlement (as defined in the Tender Offer dated
4 October
2017) in respect of 1,887,802 Ordinary Shares
--- ---------------------------- ---------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------- ------------------------------------------------------
GBP1.40 1,317,888
--------------------------------------------------------- ------------------------------------------------------
d) Aggregated information Price Volume Price
- Aggregated volume
- Price
------------------------- -------------------------- --------------------------
GBP1.40 1,317,888 GBP1,845,043.20
--------------------------------------------------------- -------------------------- --------------------------
e) Date of the transaction 7 November 2017
---- --------------------------- ---------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
---- --------------------------- ---------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- ---------------------------------------------------------------------------------------------------------------
a) Name Bernadette Lowes
--- ---------------------------- ---------------------------------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------------------------------------
a) Position/status Spouse of Richard Philip Lowes, Finance Director - Director
--- ---------------------------- ---------------------------------------------------------------------------------
b) Initial Initial Notification
notification/Amendment
--- ---------------------------- ---------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- ---------------------------- ---------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- ---------------------------- ---------------------------------------------------------------------------------
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 Ordinary shares of GBP0.10 each in the capital of Hansteen Holdings PLC
instrument, type of GB00B0PPFY88
instrument
Identification code
--- ---------------------------- ---------------------------------------------------------------------------------
b) Nature of transaction Disposal of Full proportional entitlement (as defined in the Tender Offer dated
4 October
2017)
--- ---------------------------- ---------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------------------------- ---------------------------------------------------
GBP1.40 26,999
------------------------------------------------------------ ---------------------------------------------------
d) Aggregated information Price Volume Price
- Aggregated volume
- Price
---------------------------- ---------------------- ---------------------------
GBP1.40 26,999 GBP37,798.60
------------------------------------------------------------ ---------------------- ---------------------------
e) Date of the transaction 7 November 2017
---- --------------------------- ---------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
---- --------------------------- ---------------------------------------------------------------------------------
For further information:
Karen Rowe
Link Company Matters Limited
+44 (0)20 7954 9569
This information is provided by RNS
The company news service from the London Stock Exchange
END
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