S & U PLC Director/PDMR Shareholding (9634M)
October 19 2016 - 7:43AM
UK Regulatory
TIDMSUS
RNS Number : 9634M
S & U PLC
19 October 2016
S & U PLC ("S&U" or "the Company")
Exercise of Options and Sale and Purchase of Shares/Directors'
Shareholdings
19 October 2016
S&U plc announces that it has today received due notice of
exercise in respect of options granted to a director under the
Company's 2010 Long Term Incentive Share Option Plan ("LTIP").
The LTIP notice was in respect of a total of 12,000 ordinary
shares of 12.5p each ("Ordinary Shares") at the exercise price of
12.5 pence per share. These 12,000 Ordinary Shares were admitted to
trading on 19 October 2016 pursuant to an existing block listing
granted to the Company by London Stock Exchange plc and will rank
pari passu with existing Ordinary Shares.
Mr Chris Redford, a director exercised his entitlement over
12,000 Ordinary Shares from his LTIP awards. He subsequently sold
12,000 Ordinary Shares at a price of 2500p per Ordinary Share.
Following these transactions, the beneficial shareholding of Chris
Redford is 7,595 Ordinary Shares representing 0.06% of the enlarged
ordinary share capital.
Mr Graham Coombs, Deputy Chairman, acquired 6,000 Ordinary
Shares at a price of 2500p bringing his shareholding (including
beneficial shareholdings) to 1,577,457 Ordinary Shares representing
13.2 per cent of the enlarged ordinary share capital.
In addition to the above holdings, Grevayne Properties Limited,
a Company beneficially controlled by Anthony Coombs and Graham
Coombs, hold 298,048 Ordinary Shares representing 2.5% of the
enlarged ordinary share capital.
Following the issue of these Ordinary Shares, the total number
of voting rights in S&U is 11,962,042, which 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 Chris Redford
--- ------------------------- ----------------------------------
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
--- ------------------------- ----------------------------------
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 12.5p
the financial each
instrument, type
of instrument
ISIN : GB0007655037
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Sale of ordinary shares following
transaction an exercise of share options
under the Company's 2010
Long Term Incentive Share
Option Plan
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
2500p 12,000
--------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
--- ------------------------- ----------------------------------
e) Date of the transaction 19 October 2016
--- ------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- ----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------
a) Name Graham Coombs
--- ------------------------- -----------------------------
2 Reason for the notification
--- --------------------------------------------------------
a) Position/status Deputy Chairman
--- ------------------------- -----------------------------
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
--- ------------------------- -----------------------------
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 12.5p
the financial each
instrument, type
of instrument
ISIN : GB0007655037
Identification
code
--- ------------------------- -----------------------------
b) Nature of the Purchase of ordinary shares
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
2500p 6,000
--------- ----------
--- ------------------------- -----------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 19 October 2016
--- ------------------------- -----------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 19, 2016 07:43 ET (11:43 GMT)