TIDMSUS

RNS Number : 3959X

S & U PLC

18 December 2019

S & U PLC ("S&U" or "the Company")

Exercise and Sale of Options, Director/PDMR Shareholding and Total Voting Rights

18 December 2019

Exercise and Sale of Options

S&U plc announces that it has today received notice of the exercise of 26,500 options granted to Mr Guy Thompson, a director of S&U plc under the Company's 2010 Long Term Incentive Plan ("LTIP"). These options were exercised at an exercise price of 12.5 pence per share and these 26,500 Ordinary Shares were sold in the market at an average price of 2,091.73 pence per share. Following these transactions the beneficial shareholding of Mr Guy Thompson is nil ordinary shares and he holds 13,500 vested but unexercised ordinary share options. He also holds 6,000 vested shadow share options and 15,000 unvested shadow share options.

In total, 26,500 Ordinary Shares were admitted to trading this week pursuant to an existing block listing, and will rank pari pasu with existing Ordinary Shares.

Total Voting Rights

Following the issue of these Ordinary Shares, the total number of voting rights in S&U is 12,106,593. This number should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of S&U under the FCA's Disclosure and Transparency rules.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        John Guy Thompson 
     --------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status             Director 
     --------------------------  ---------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                        S&U PLC 
     --------------------------  ---------------------------------------- 
 b)   LEI                         213800QZ1X2A7J64SQ31 
     --------------------------  ---------------------------------------- 
 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          Ordinary shares of 12.5p each 
       financial instrument, 
       type of instrument 
                                   ISIN : GB0007655037 
       Identification code 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   Exercise of options under the Company's 
                                   2010 Long Term Incentive 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)        Exercise Price(s)   Volume(s) 
                                     12.5p               26,500 
                                                        ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
                                    N/A 
 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     18 December 2019 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ---------------------------------------- 
 
 
 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          Ordinary shares of 12.5p each 
       financial instrument, 
       type of instrument 
                                   ISIN : GB0007655037 
       Identification code 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Sale of Ordinary Shares following 
                                   an exercise of options under the 
                                   Company's 2010 Long Term Incentive 
                                   Plan. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s)   Date 
                                                            16 December 
                                     2,090p     10,000       2019 
                                               ----------  ------------ 
                                                            16 December 
                                     2,135p     1,000        2019 
                                               ----------  ------------ 
                                                            17 December 
                                     2,090p     15,000       2019 
                                               ----------  ------------ 
                                     2091.70p   500         18 December 
                                                             2019 
                                               ----------  ------------ 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          Aggregated volume: 26,500 
 
                                    Volume weighted average price: 2,091.73p 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     16 December 2019, 17 December 2019, 
                                   18 December 2019 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ------------------------------------------- 
 

Enquiries:

 
 Anthony Coombs                 S&U plc                   c/c/o Newgate 
                                                           Communications 
 Financial Public Relations 
  Bob Huxford, Tom Carnegie, 
  Megan Kovach                  Newgate Communications    020 7653 9848 
 
   Broker 
   Adrian Trimmings, Andrew 
   Buchanan, Rishi Shah           Peel Hunt LLP             020 7418 8900 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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December 18, 2019 12:40 ET (17:40 GMT)

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