Thorpe(F.W.) PLC Grant of Options
May 31 2024 - 5:30AM
RNS Regulatory News
RNS Number : 6501Q
Thorpe(F.W.) PLC
31 May 2024
FW Thorpe
Plc
("FW Thorpe" or the
"Company")
Grant of
Options
FW Thorpe announces that following
approval of the Executive Share Ownership Plan at the General
Meeting held on 18 April 2024, a total of 1,925,000 share options
over ordinary shares of 1 pence each in the Company ("Share
Options") have been granted to Directors of the Company and senior
management across the Group.
The following Share Options have
been granted to Directors of the Company under the Executive Share
Ownership Plan:
Option
holder
|
Number
of
Share
Options
|
C. Muncaster
|
200,000
|
J. Thorpe
|
200,000
|
|
400,000
|
|
| |
There has been no other change to
their beneficial holdings as a result of the grant of Share
Options.
The Share Options represent 1.6 per
cent of the shares in issue with voting rights, comprising
117,291,586 ordinary
shares.
The Share Options issued are
exercisable at a price of 375 pence each for Approved 337.5 pence
for Unapproved.
For further information in relation
to the Executive Share Option Scheme,
including the performance conditions, please refer to the Company's
circular dated 22 March 2024 which is available at the Company's
website http://www.fwthorpe.co.uk/.
For further information please
contact:
F W Thorpe Plc
Mike Allcock - Chairman, Joint Chief
Executive
Tel: 01527 583200
Craig Muncaster - Joint Chief
Executive, Group Financial Director
Singer Capital Markets - Nominated
Adviser
James Moat / Sam
Butcher
Tel: 020 7496 3000
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
a)
|
Name
|
Craig Muncaster
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
Joint Chief Executive, Group
Financial Director and Company Secretary (PDMR)
|
b)
|
Initial notification /Amendment
|
Initial Notification
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
a)
|
Name
|
FW Thorpe plc
|
b)
|
LEI
|
2138007NXVPPRAXXHT76
|
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 1p each
ISIN Code: GB00BC9ZLX92
|
b)
|
Nature of the transaction
|
Grant of 200,000 Share
Options
|
c)
|
Price(s) and volume(s)
|
Price(s):
|
Volume(s):
|
N/A
|
200,000
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
30 May 2024
|
f)
|
Place of the transaction
|
Off-market transaction
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
a)
|
Name
|
James Thorpe
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
Business Development Director,
Thorlux Lighting (PDMR)
|
b)
|
Initial notification /Amendment
|
Initial Notification
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
a)
|
Name
|
FW Thorpe plc
|
b)
|
LEI
|
2138007NXVPPRAXXHT76
|
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 1p each
ISIN Code: GB00BC9ZLX92
|
b)
|
Nature of the transaction
|
Grant of 200,000 Share
Options
|
c)
|
Price(s) and volume(s)
|
Price(s):
|
Volume(s):
|
N/A
|
200,000
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
30 May 2024
|
f)
|
Place of the transaction
|
Off-market transaction
|
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