Augean Plc

Exercise of options, PDMR dealing and TVR

RNS Number : 9093C
Augean Plc
22 October 2020
 

22 October 2020

Augean plc ("Augean" or the "Company")

Exercise of options, PDMR dealing and total voting rights

Augean, one of the UK's leading specialist waste management businesses, announces that on 21 October 2020, Gene Wilson, the Corporate Stewardship Director, exercised 55,172 options over ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares"), which he was awarded on 18  May 2011 under the Company's Unauthorised Share Option Scheme adopted on 13 December 2004 (the "Scheme").  It is noted that this exercise has been executed due to the nearing of the ten-year deadline for exercising under this Scheme. The Company therefore issued and allotted 55,172 new Ordinary Shares, all of which were sold by Mr Wilson on 21 October 2020.

Application has been made to the London Stock Exchange for 55,172 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective at 8.00 a.m. on 27 October 2020.

Following Admission, the total number of Ordinary Shares in issue will be 104,560,914 and the total number of voting rights will therefore be 104,560,914. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

-  Ends -

 

Enquiries :

 

Augean plc

Jim Meredith, Executive Chairman

Mark Fryer, Group Finance Director

 

01937 844 980

N+1 Singer

Peter Steel

Jen Boorer

020 7496 3000



Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 

Gene Wilson

 

2

 

Reason for the notification

 

 

a)

 

Position/status

 

 

Corporate Stewardship Director

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

 

3

 

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

 

 

a)

 

Name

 

 

Augean plc

 

b)

 

LEI

 

 

213800FX9OGD148QCP81

 

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 10 pence each

 

 

GB00B02H2F76

 

b)

 

Nature of the transaction

 

 

1.  Exercise of options

2.  Sale of shares

 

c)

 

Price(s) and volume(s)

 

 

 

1.  Exercise of options

2.  Sale of shares

 

Price(s)

 

Volume(s)

1.  £0.29

2.  £1.90

55,172

55,172

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

In respect of 1 and 2 in 4(c): N/A - single transactions

 

e)

 

Date of the transaction

 

 

1.  Exercise of options: 21 October 2020

2.  Sale of shares: 21 October 2020

 

f)

 

Place of the transaction

 

 

1.  Outside a trading venue;

2.  London Stock Exchange, AIM Market (XLON)

 

 

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