Director/PDMR LTIP Awards

RNS Number : 7372J
Inspecs Group PLC
23 December 2020
 

Inspecs Group Plc

 

("Inspecs" the "Company" or "Group")

 

Director/PDMR LTIP Awards

 

On 22 December 2020, the following awards of options to acquire Ordinary Shares of 1 pence each in the capital of the Company ("Ordinary Shares") were made under the Inspecs Long Term Incentive Plan ("LTIP"). Options to acquire 400,000 Ordinary Shares have been awarded to Board members of the Group at an exercise price of 210 pence per Ordinary Share. Furthermore, options to acquire 1,180,000 Ordinary Shares have been awarded to other members of the Group's senior management team at an exercise price of 210 pence per Ordinary Share. In aggregate, options to acquire 1,580,000 Ordinary Shares have been awarded under the LTIP.

 

The options vest on the 22 December 2023, being the third anniversary of grant, subject to the option holder's continued employment with the Group.

 

1.  Details of the person discharging managerial responsibilities/person closely associated

 

a)  Name

 

1.

Robin Totterman

2.

Christopher Kay

3.

Richard Peck

4.

Angela Farrugia

2.  Reason for the notification

 

a)  Position/status

1.

Chief Executive Officer

2.

Chief Financial Officer

3.

Non-Executive Director

4.

Non-Executive Director

b)  Initial notification / Amendment

Initial notification

3.  Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)  Name

Inspecs Group plc

b)  LEI

2138008Z4S4DHR6NE933

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 financial instrument, type of instrument

Ordinary Shares of 1 pence

b)  Identification code

GB00BK6JPP03

c)  Nature of the transaction

Awards made pursuant to the Inspecs Long Term Incentive Plan

d)  Price(s) and volume(s)

 

Price(s)

Volume(s)

1.

210 pence

150,000

2.

210 pence

150,000

3.

210 pence

50,000

4.

210 pence

50,000

e)  Aggregated information:

i. Aggregated volume

ii. price

N/A (Single transaction for each individual)

f)  Date of the transaction

22 December 2020

g)  Place of the transaction

 

Outside a trading venue

 

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