Xpediator PLC Director/PDMR Shareholding (5529I)
November 27 2018 - 2:02AM
UK Regulatory
TIDMXPD
RNS Number : 5529I
Xpediator PLC
27 November 2018
27 November 2018
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
XPEDIATOR PLC
("Xpediator" or "the Company" or "the Group")
Grant of Options
Xpediator, (AIM: XPD), a leading provider of freight management
services across the UK and Europe, announces that the Company has
granted nil cost options over a total of 1,500,000 ordinary shares
of 5 pence each in the share capital of the Company ("Share
Options"). 857,143 Share Options have been issued to Stephen Blyth
(chief executive officer) and 642,857 Share Options to Stuart
Howard (chief finance officer).
The exercise price of the Share Options is 70 pence, a premium
of 60.9% to closing share price on 26 November 2018 and will vest
as follows
Tranche Vesting date Vesting period Vesting conditions
375,000 26 November 2018 From the vesting None
Share Options date to 31
December 2021
---------------------- ----------------- -------------------------
375,000 Immediately following From the vesting Basic EPS of the Company
Share Options the Company's date to 31 increasing 10% for the
AGM in 2019 December 2021 year ending 31 December
2018 compared with the
prior year
---------------------- ----------------- -------------------------
375,000 Immediately following From the vesting Basic EPS of the Company
Share Options the Company's date to 31 increasing 10% for the
AGM in 2020 December 2021 year ending 31 December
2019 compared with the
prior year
---------------------- ----------------- -------------------------
375,000 Immediately following From the vesting Basic EPS of the Company
Share Options the Company's date to 31 increasing 10% for the
AGM in 2021 December 2021 year ending 31 December
2020 compared with the
prior year
---------------------- ----------------- -------------------------
The Share Options represent in aggregate 1.12% of the existing
issued ordinary share capital of the Company.
Following the grant of the Share Options, there is a total of
2,125,000 ordinary shares of 5 pence each in the Company under
option to directors and employees of the Company, representing 1.6%
of the existing issued ordinary share capital of the Company.
Enquiries
Xpediator plc Tel: +44 (0)330 043
2395
Stephen Blyth, Chief Executive Officer Email: info@xpediator.com
SP Angel Corporate Finance LLP (Nominated Advisor Tel: +44 (0)20 3470
& Joint Broker) 0470
Jeff Keating
Caroline Rowe
Cantor Fitzgerald Europe (Joint Broker) Tel: +44 (0)20 7894
7000
David Foreman, Michael Boot (Corporate Finance)
Caspar Shand Kydd (Sales)
Novella Communications (Financial Public Relations) Tel: +44 (0)20 3151
7008
Tim Robertson
Toby Andrews
About Xpediator:
Xpediator is a well-established international provider of
freight management services. Established in 1988 by CEO Stephen
Blyth today the Group's International network of offices provides
road, sea and air freight services, together with logistics and
warehousing in the UK and Romania. The business offers integrated
freight management within the supply chain logistics and fulfilment
sector, through their three main areas: freight forwarding,
logistics & warehousing and transport services. With
headquarters in Braintree, Essex and country offices in nine CEE
countries across 31 sites, the Group currently employs 938 people
and was successfully listed on London's AIM market in August
2017.
For more information, please visit: www.xpediator.com.
Alternatively, do follow us on Twitter at @Xpediator or find us
on LinkedIn at Xpediator Plc.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Stephen Blyth
---------------------------------- -----------------------------------
1.2 Reason for the notification
2.
-----------------------------------------------------------------------
a) Position/status: Chief Executive Officer
---------------------------------- -----------------------------------
b) Initial notification/Amendment: Initial notification
---------------------------------- -----------------------------------
1.3 Details of the issuer, emission allowance market participant,
3. auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: Xpediator Plc
---------------------------------- -----------------------------------
b) LEI: 213800XBOVDBT2HEC967
---------------------------------- -----------------------------------
1.4 Details of the transaction(s): section to be repeated
4. 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 5p each
instrument, type of instrument: GB00BF6P5V92
Identification code:
---------------------------------- -----------------------------------
b) Nature of the transaction: Grant of options over ordinary
shares
---------------------------------- -----------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
70 pence 857,143
----------
---------------------------------- -----------------------------------
d) Aggregated information: Single transaction as in
Aggregated volume: 4 c) above Price(s) Volume(s)
Price: 70 pence 857,143
----------
---------------------------------- -----------------------------------
e) Date of the transaction: 26 November 2018
---------------------------------- -----------------------------------
f) Place of the transaction: Outside a trading venue
---------------------------------- -----------------------------------
1 1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Stuart Howard
---------------------------------- -----------------------------------
1.2 Reason for the notification
2.
-----------------------------------------------------------------------
a) Position/status: Chief Finance Officer
---------------------------------- -----------------------------------
b) Initial notification/Amendment: Initial notification
---------------------------------- -----------------------------------
1.3 Details of the issuer, emission allowance market participant,
3. auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: Xpediator Plc
---------------------------------- -----------------------------------
b) LEI: 213800XBOVDBT2HEC967
---------------------------------- -----------------------------------
1.4 Details of the transaction(s): section to be repeated
4. 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 5p each
instrument, type of instrument: GB00BF6P5V92
Identification code:
---------------------------------- -----------------------------------
b) Nature of the transaction: Grant of options over ordinary
shares
---------------------------------- -----------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
70 pence 642,857
----------
---------------------------------- -----------------------------------
d) Aggregated information: Single transaction as in
Aggregated volume: 4 c) above Price(s) Volume(s)
Price: 70 pence 642,857
----------
---------------------------------- -----------------------------------
e) Date of the transaction: 26 November 2018
---------------------------------- -----------------------------------
f) Place of the transaction: Outside a trading venue
---------------------------------- -----------------------------------
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
DSHEAAFKAEXPFAF
(END) Dow Jones Newswires
November 27, 2018 02:02 ET (07:02 GMT)
Xpediator (LSE:XPD)
Historical Stock Chart
From Apr 2024 to May 2024
Xpediator (LSE:XPD)
Historical Stock Chart
From May 2023 to May 2024