Director/PDMR Shareholding

RNS Number : 4991A

Worldsec Ld

29 May 2019

 

29 May 2019

Worldsec Limited

(the "Company")

Director/PDMR Shareholding

On 29 May 2019 the following options over ordinary shares of US$0.001 each in Worldsec Limited (the "Company") were granted under the Company's Employee Share Option Scheme (the "Scheme"), which was adopted by shareholders in the Company's general meeting on 26 February 1997 and amended in the Company's general meeting on 29 September 2014, to the Directors and persons discharging managerial responsibilities ("PDMRs") as listed below. In addition to the options granted to PDMRs, a total of 300,000 options were also granted to certain staff of the Company.

PDMR	No. of options over ordinary shares granted to PDMRs under this award
Alastair Gunn-Forbes	350,000
Henry Ying Chew Cheong	350,000
Mark Chung Fong	350,000
Martyn Stuart Wells	350,000
Ernest Chiu Shun She	350,000

The Options granted have an exercise price of US$0.034 per share, which, based on the USD/GBP exchange rate of 0.790 at the Date of Grant, is equivalent to 2.70 pence per share, being ninety per cent of the average of the middle market quotations of the Company's shares (as derived from the Daily Official List of the London Stock Exchange) for the five Business Days immediately preceding the Date of Grant. The Options have a vesting period of six months and a tenure of 10 years from the Date of Grant. Under the Scheme rules, the grantees are not required to pay for the grant of the Options.

Details of the full notifications received by the Company are set out below.

1)	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alastair Gunn-Forbes
2	Reason for Notification
a)	Position/status	Director/PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Worldsec Limited
b)	LEI	213800RSLE74B1NP4X17
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 US$0.001 in Worldsec Limited BMG9774L1019
b)	Nature of the transaction	Grant of options under the Company's Employee Share Option Scheme
c)	Price(s) and volume(s)	350,000 at US$0.034 per share (£0.027 per share based on USD/GBP exchange rate of 0.790)
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	29 May 2019
f)	Place of the transaction	Outside a trading venue

1)	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Ying Chew Cheong
2	Reason for Notification
a)	Position/status	Director/PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Worldsec Limited
b)	LEI	213800RSLE74B1NP4X17
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 US$0.001 in Worldsec Limited BMG9774L1019
b)	Nature of the transaction	Grant of options under the Company's Employee Share Option Scheme
c)	Price(s) and volume(s)	350,000 at US$0.034 per share (£0.027 per share based on USD/GBP exchange rate of 0.790)
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	29 May 2019
f)	Place of the transaction	Outside a trading venue

1)	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Chung Fong
2	Reason for Notification
a)	Position/status	Director/PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Worldsec Limited
b)	LEI	213800RSLE74B1NP4X17
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 US$0.001 in Worldsec Limited BMG9774L1019
b)	Nature of the transaction	Grant of options under the Company's Employee Share Option Scheme
c)	Price(s) and volume(s)	350,000 at US$0.034 per share (£0.027 per share based on USD/GBP exchange rate of 0.790)
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	29 May 2019
f)	Place of the transaction	Outside a trading venue

1)	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Martyn Stuart Wells
2	Reason for Notification
a)	Position/status	Director/PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Worldsec Limited
b)	LEI	213800RSLE74B1NP4X17
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 US$0.001 in Worldsec Limited BMG9774L1019
b)	Nature of the transaction	Grant of options under the Company's Employee Share Option Scheme
c)	Price(s) and volume(s)	350,000 at US$0.041 per share (£0.027 per share based on USD/GBP exchange rate of 0.790)
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	29 May 2019
f)	Place of the transaction	Outside a trading venue

1)	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ernest Chiu Shun She
2	Reason for Notification
a)	Position/status	Director/PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Worldsec Limited
b)	LEI	213800RSLE74B1NP4X17
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 US$0.001 in Worldsec Limited BMG9774L1019
b)	Nature of the transaction	Grant of options under the Company's Employee Share Option Scheme
c)	Price(s) and volume(s)	350,000 at US$0.034 per share (£0.027 per share based on USD/GBP exchange rate of 0.790)
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	29 May 2019
f)	Place of the transaction	Outside a trading venue

 

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