TIDMUTW

RNS Number : 2214N

Utilitywise plc

27 January 2016

27 January 2016

Utilitywise plc

("Utilitywise" or the "Company")

Director / PDMR Dealings - Maturity of SAYE Scheme Options and Total Voting Rights

Utilitywise plc (AIM: UTW), the leading independent utility cost management consultancy, was notified on 27 January 2016 that, as a result of the maturing of options granted under the Company's Save As You Earn ("SAYE") Scheme, Geoff Thompson, Chief Executive Officer, has been issued with 13,313 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares").

The issue of the Ordinary Shares will be satisfied via the Company's block listing which was announced on 22 December 2015. Following the issue of the Ordinary Shares, Mr Thompson is directly interested in 7,959,414 Ordinary Shares in the Company, and indirectly interested in 600,000 Ordinary Shares as a trustee of three family trusts. In total, Mr Thompson is interested in 8,559,414 Ordinary Shares representing 11.01% of the total voting rights of the Company.

The SAYE Scheme, which is an HMRC-approved, equity-settled share option plan for employees, was established in 2012. SAYE options were granted on 23 November 2012, 4 December 2013, and 27 November 2014, each with a three-year vesting period and with option prices of 67.6 pence, 160.4 pence and 229 pence respectively. The 2012 grant, which matured on 1 January 2016, currently has 86,266 remaining exercisable options. The 2013 grant has 319,987 options outstanding and the 2014 grant has 256,778 options outstanding.

Mr Thompson holds 3,930 options under the 2014 grant. Jon Kempster, the Chief Financial Officer, holds 7,860 options, also under the 2014 grant. No other directors currently participate in the SAYE Scheme.

As a result of the issue of the Ordinary Shares, the Company's current issued share capital consists of 77,716,312 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury.

The above figure of 77,716,312 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

 
 Utilitywise PLC                         0330 303 0233 
 Geoff Thompson (CEO) 
 Jon Kempster (CFO) 
 
 finnCap (NOMAD and broker)              020 7220 0500 
 Matt Goode/ Grant Bergman (Corporate 
  Finance) 
 Simon Johnson (Corporate Broking) 
 
  Liberum (Joint broker)                   020 3100 2000 
 Robert Morton/ Steve Pearce 
 Redleaf Communications                  020 7382 4730 
 Rebecca Sanders-Hewett/ David 
  Ison/ Susie Hudson

About Utilitywise

Utilitywise is a leading independent utility cost management consultancy based in North Tyneside. The Group has established trading relationships with a number of major UK energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.

Businesses large and small rely on Utilitywise for their energy management needs. Clients range in size from single site SME's to multinationals with thousands of sites and cover the whole of the UK. In total, Utilitywise has c. 28,500 UK & I customers.

Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 27, 2016 12:04 ET (17:04 GMT)

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