Director/PDMR Shareholding

RNS Number : 4661O

Cenkos Securities PLC

06 August 2014

 



6 August 2014

Cenkos Securities plc ("Cenkos" or "the Company")

Award of shares under Share Incentive Plan (SIP) and Directors' Dealings

As announced on 16 July 2014, Cenkos has recently launched a HM Revenue and Customs approved SIP scheme. All employees including the Executive Directors of the Company ("Qualifying Employees") may participate in this. The SIP is an all-employee trust arrangement under which Qualifying Employees are able to purchase ordinary shares in the Company ("Ordinary Shares") up to a value of £1,800 ("Partnership Shares") using a lump sum deduction from their July 2014 salaries. Qualifying Employees purchasing Partnership Shares will also be allocated matching Ordinary Shares on a two-for-one basis ("Matching Shares") up to a total value of £3,600.

On 5 August 2014 Executive Directors Jim Durkin, Paul Hodges, Jeremy Warner Allen, Joe Nally and Mike Chilton each paid £1,800 to acquire 841 Partnership Shares at a price of 214.0p each and as a result on 6 August 2014 they were each also awarded a further 1,682 Matching Shares.

Accordingly, the Executive Directors' new shareholdings in the Company are set out in the table below:

Directors	Number of Partnership Shares Awarded	Number of Matching Shares Awarded	Total of Ordinary Shares held	% of Issued Share Capital
Jim Durkin	841	1,682	5,726,581	9.02%
Paul Hodges	841	1,682	5,864,831	9.23%
Jeremy Warner Allen	841	1,682	1,562,781	2.46%
Joe Nally	841	1,682	1,254,081	1.97%
Mike Chilton	841	1,682	13,581	0.02%

As at 6 August 2014, the Company had 63,517,122 Ordinary Shares of 1 penny each in issue. At the same date the total number of options outstanding over the Company's issued share capital was 16,059,574.  This is made up of 401,532 options under the SAYE, 5,035,000 options under LTIP and 10,623,042 awards under the Compensatory Award Plan.

Enquiries:

Jim Durkin                                                                                [phone]

Chief Executive Officer       

Cenkos Securities plc

Dr Azhic Basirov / David Jones / Ben Jeynes              [phone]

Nominated Adviser

Smith & Williamson Corporate Finance Limited

David Rydell/Duncan Mayall /James Newman           [phone]

Bell Pottinger                                                    

 

END

 

 

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