Parity Group PLC Grant of SAYE Options and PDMR Shareholdings (3276O)
May 16 2018 - 11:00AM
UK Regulatory
TIDMPTY
RNS Number : 3276O
Parity Group PLC
16 May 2018
16 May 2018
Parity Group plc ("Parity "or the "Group")
Grant of Options under SAYE Scheme
Director/PDMR Shareholdings
The Board of Parity (AIM:PTY), the technology focussed
consultancy and staffing business announces that as part of the
Company's approved Save As You Earn ("SAYE") Scheme the following
options to subscribe for ordinary shares of 2 pence each in the
Company ("Ordinary Shares") were granted on 15 May 2018.
Under the Company's 2018 SAYE scheme (the "2018 SAYE"), which
was made available to all Parity employees, a total of 41 employees
of the Company, including two PDMR's, have applied to participate,
resulting in the grant of options to subscribe for an aggregate of
2,271,240 Ordinary Shares (the "2018 SAYE Options").
The 2018 SAYE Options each have an exercise price, calculated in
accordance with the rules of the 2018 Scheme, of 10.0 pence
(representing a discount of 6 per cent. to the average closing
mid-market price per Ordinary Share on 19 April 2018, being the
last practicable day prior to the invitation to participate in the
2018 SAYE being made). Subject to the rules of the 2018 SAYE,
participants will be able to exercise their 2018 SAYE Options
within 6 months commencing from 15 May 2021.
Pursuant to the 2018 SAYE, the following PDMRs of the Company
applied to participate, and have been granted 2018 SAYE Options in
the amounts shown below:
PDMR SAYE Options
------------------------------------- -------------
Andrew Foskett, MD of Professionals 90,000
Andrew Ogg, MD of Consultancy
Services 90,000
Contacts:
Parity Group PLC www.parity.net
Alan Rommel, CEO + 44 (0) 208 543 5353
Roger Antony, GFD
WH Ireland Limited www.whirelandcb.com
Mike Coe / Ed Allsopp +44 (0) 117 945 3470
MHP Communications parity@mhpc.com
Katie Hunt / Kelsey Traynor +44 (0)203 128 8100
The notifications below, made in accordance with the EU Market
Abuse Regulation, provide further details in relation to the grant
of 2018 SAYE Options to the PDMRs:
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Andrew Foskett
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status MD of Parity Professionals
--- ------------------------- -------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name Parity Group plc
--- ------------------------- -------------------------------
b) LEI 213800YEHAYBJ63OHB38
--- ------------------------- -------------------------------
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 Ordinary shares of 2p each
the financial GB00B1235860
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of options to subscribe
transaction for new ordinary shares under
the Company's SAYE scheme
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Option Price(s) Volume(s)
---------------- ----------
10.0p 90,000
---------------- ----------
--- ------------------------- -------------------------------
d) Aggregated information 90,000
- Aggregated volume GBP9,000.00
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 15 May 2018
--- ------------------------- -------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Andrew Ogg
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status MD of Consultancy Services
--- ------------------------- -------------------------------
b) Initial notification Initial Notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name Parity Group plc
--- ------------------------- -------------------------------
b) LEI 213800YEHAYBJ63OHB38
--- ------------------------- -------------------------------
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 Ordinary shares of 2p each
the financial GB00B1235860
instrument, type
of instrument
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of options to subscribe
transaction for new ordinary shares under
the Company's SAYE scheme
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Option Price(s) Volume(s)
---------------- ----------
10.0p 90,000
---------------- ----------
--- ------------------------- -------------------------------
d) Aggregated information 90,000
- Aggregated volume GBP9,000.00
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 15 May 2018
--- ------------------------- -------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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