Director/PDMR LTIP Awards

RNS Number : 1546K
Van Elle Holdings PLC
27 August 2019
 

27 August 2019

Van Elle Holdings

 

("Van Elle" or "the Group" or "the Company")

 

Director/PDMR LTIP Awards

 

The Company announces that on 16 August 2019 awards were made over ordinary shares of 2 pence each in the capital of the Company ("Shares") under the Van Elle Holdings plc Long Term Incentive Plan 2016 ("LTIP") (the "Awards").  The Awards have been granted in the form of an option to acquire Shares at an exercise price of 2 pence each.  The Awards are governed by the rules of the LTIP and, subject thereto, will vest on the third anniversary of the date of grant to the extent determined in accordance with certain performance criteria.  Further information on the LTIP can be found in the Company's annual report and accounts.

 

The Awards were issued to certain directors and PDMRs of the Company, as set out below:

 

Director/PDMR

Number of Shares over which Awards have been made

Mark Cutler (CEO)

703,703

Dave Warner

216,049

Malcolm O'Sullivan

216,049

Peter Handley

185,802

Tony Pontiero

178,024

Matt Love

181,481

Ian Jones

129,629

Mick Mason

129,629

 

 

Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

 

Enquiries:

 

Instinctif Partners (Financial Public Relations)

Tel: 020 7457 2020

Mark Garraway

James Gray

Rosie Driscoll




Peel Hunt LLP (Nominated Adviser and corporate broker)

Tel: 020 7418 8900

Mike Bell

Edward Allsopp


 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 

1.        

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Mark Cutler

2.         

Reason for the notification

a.         

Position/status

CEO

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

b.        

LEI

213800LQC6YL8KJT1Y18

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

Identification code

Ordinary shares of 2p

 

 

ISIN: GB00BYX4TP46

b.         

Nature of the transaction

Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016

c.         

Price(s) and volume(s)

Price(s) 

Volume(s)

2 pence per share

(exercise price)

703,703





d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.         

Date of the transaction

16 August 2019

f.         

Place of the transaction

Outside a trading venue

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Dave Warner

2.         

Reason for the notification

a.         

Position/status

Specialist Piling Director

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

b.        

LEI

213800LQC6YL8KJT1Y18

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

Identification code

Ordinary shares of 2p

 

 

ISIN: GB00BYX4TP46

b.         

Nature of the transaction

Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016

c.         

Price(s) and volume(s)

Price(s) 

Volume(s)

2 pence per share

(exercise price)

216,049





d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.         

Date of the transaction

16 August 2019

f.         

Place of the transaction

Outside a trading venue

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Malcolm O'Sullivan

2.         

Reason for the notification

a.         

Position/status

Piling Director

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

b.        

LEI

213800LQC6YL8KJT1Y18

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

Identification code

Ordinary shares of 2p

 

 

ISIN: GB00BYX4TP46

b.         

Nature of the transaction

Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016

c.         

Price(s) and volume(s)

Price(s) 

Volume(s)

2 pence per share

(exercise price)

216,049





d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.         

Date of the transaction

16 August 2019

f.         

Place of the transaction

Outside a trading venue

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Peter Handley

2.         

Reason for the notification

a.         

Position/status

Business Improvement Director

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

b.        

LEI

213800LQC6YL8KJT1Y18

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

Identification code

Ordinary shares of 2p

 

 

ISIN: GB00BYX4TP46

b.         

Nature of the transaction

Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016

c.         

Price(s) and volume(s)

Price(s) 

Volume(s)

2 pence per share

(exercise price)

185,802





d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.         

Date of the transaction

16 August 2019

f.         

Place of the transaction

Outside a trading venue

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Tony Pontiero

2.         

Reason for the notification

a.         

Position/status

Housing Director

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

b.        

LEI

213800LQC6YL8KJT1Y18

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

Identification code

Ordinary shares of 2p

 

 

ISIN: GB00BYX4TP46

b.         

Nature of the transaction

Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016

c.         

Price(s) and volume(s)

Price(s) 

Volume(s)

2 pence per share

(exercise price)

178,024





d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.         

Date of the transaction

16 August 2019

f.         

Place of the transaction

Outside a trading venue

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Matt Love

2.         

Reason for the notification

a.         

Position/status

Pre-construction Director

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

b.        

LEI

213800LQC6YL8KJT1Y18

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

Identification code

Ordinary shares of 2p

 

 

ISIN: GB00BYX4TP46

b.         

Nature of the transaction

Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016

c.         

Price(s) and volume(s)

Price(s) 

Volume(s)

2 pence per share

(exercise price)

181,481





d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.         

Date of the transaction

16 August 2019

f.         

Place of the transaction

Outside a trading venue

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Ian Jones

2.         

Reason for the notification

a.         

Position/status

Operations Director

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

b.        

LEI

213800LQC6YL8KJT1Y18

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

Identification code

Ordinary shares of 2p

 

 

ISIN: GB00BYX4TP46

b.         

Nature of the transaction

Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016

c.         

Price(s) and volume(s)

Price(s) 

Volume(s)

2 pence per share

(exercise price)

129,629





d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.         

Date of the transaction

16 August 2019

f.         

Place of the transaction

Outside a trading venue

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Mick Mason

2.         

Reason for the notification

a.         

Position/status

Group Services Director

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

b.        

LEI

213800LQC6YL8KJT1Y18

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

Identification code

Ordinary shares of 2p

 

 

ISIN: GB00BYX4TP46

b.         

Nature of the transaction

Awards issued under the Van Elle Holdings plc Long Term Incentive Plan 2016

c.         

Price(s) and volume(s)

Price(s) 

Volume(s)

2 pence per share

(exercise price)

129,629





d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.         

Date of the transaction

16 August 2019

f.         

Place of the transaction

Outside a trading venue

 


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