Filta Group Holdings PLC Awards of share options & appreciation rights (1826O)
January 25 2019 - 10:40AM
UK Regulatory
TIDMFLTA
RNS Number : 1826O
Filta Group Holdings PLC
25 January 2019
25 January 2019
Filta Group Holdings plc
("Filta" or the "Company")
Awards of share options and share appreciation rights
Filta Group Holdings plc (AIM: FLTA), a provider of fryer
management and other services to commercial kitchens, announces
that, further to previous announcements, an employee share option
scheme for qualifying UK employees ("2017 Filta Group Holdings EMI
Scheme") and a share acquisition rights ("SARs") scheme for
qualifying US employees ("2017 Filta Group Inc Stock Appreciation
Rights Plan") have been adopted by the Company.
Under the 2017 Filta Group Holdings EMI Scheme, the Company has
granted options to the following persons discharging managerial
responsibilities ("PDMRs"):
PDMR No of options
Debbie Sarson-Lowe 70,000
Alastair Anderson 30,000
Edward Palin 90,000
The options have an exercise price of 215 pence per share and
vest over a period of 4 years from 2020 to 2023, subject to the
satisfaction of both time and certain performance conditions
relating to annual profit growth over defined targets, and are
exercisable at any time after vesting for a period of 10 years from
11 January 2019. The Company has a total of 1,250,000 options over
ordinary shares outstanding, representing approximately 4.30% of
the Company's current issued share capital.
Under the 2017 Filta Group Inc Stock Appreciation Rights Plan,
the SARs are structured as conditional cash bonuses whose value
will be calculated by reference to the amount by which the price of
the Company's ordinary shares has risen above the base price of 215
pence at the date of exercise. The Company has issued a total of
120,000 SARs to the following PDMRs:
PDMR No of SARs
Brian Hogan (Director) 30,000
Tom Dunn (PDMR) 30,000
Rob Totten (PDMR) 30,000
Annalisa Bhim (PDMR) 30,000
The vesting period and conditions for the SARs scheme are
identical to those for the 2017 Filta Group Holdings EMI Scheme.
The Company has a total of 505,000 unvested SARs outstanding,
For further information:
Filta Group Holdings plc
Jason Sayers, Chief Executive +1 407 996 5550
Cenkos Securities
Stephen Keys, Harry Hargreaves 020 7397 8900
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Debbie Sarson-Lowe
------------------------------------- --------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/Status: PDMR (Managing Director, Filta
UK operations)
------------------------------------- --------------------------------------
b) Initial Notification/Amendment: Initial Notification
------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name: Filta Group Holdings plc
------------------------------------- --------------------------------------
b) LEI: 2138006C7GROHSV29B25
------------------------------------- --------------------------------------
4. Details of 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 Ordinary Shares of 10 pence each
instrument: ISIN: GB00BFH55S51
Identification code:
------------------------------------- --------------------------------------
b) Nature of the transaction: Grant of options over ordinary
shares
------------------------------------- --------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
------------------------------------- ---------------- --------------------
Nil 70,000
----------------------------------------------------------- --------------------
d) Aggregated volume: 70,000
Price: Nil
------------------------------------- --------------------------------------
e) Date of the Transaction: 11 January 2019
------------------------------------- --------------------------------------
f) Place of the Transaction: Outside trading venue
------------------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Alastair Anderson
--------------------------------------------- ----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/Status: PDMR (Sales Director, UK operations)
--------------------------------------------- ----------------------------------------
b) Initial Notification/Amendment: Initial Notification
--------------------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name: Filta Group Holdings plc
--------------------------------------------- ----------------------------------------
b) LEI: 2138006C7GROHSV29B25
--------------------------------------------- ----------------------------------------
4. Details of 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 Ordinary Shares of 10 pence each
instrument: ISIN: GB00BFH55S51
Identification code:
--------------------------------------------- ----------------------------------------
b) Nature of the transaction: Grant of options over ordinary
shares
--------------------------------------------- ----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------------------------------------------- ------------------- -------------------
Nil 30,000
---------------------------------------------------------------------- -------------------
d) Aggregated volume: 30,000
Price: Nil
--------------------------------------------- ----------------------------------------
e) Date of the Transaction: 11 January 2019
--------------------------------------------- ----------------------------------------
f) Place of the Transaction: Outside trading venue
--------------------------------------------- ----------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Edward Palin
--------------------------------------------- ------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------
a) Position/Status: PDMR (Managing Director, Watbio
operations)
--------------------------------------------- ------------------------------------
b) Initial Notification/Amendment: Initial Notification
--------------------------------------------- ------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name: Filta Group Holdings plc
--------------------------------------------- ------------------------------------
b) LEI: 2138006C7GROHSV29B25
--------------------------------------------- ------------------------------------
4. Details of 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 Ordinary Shares of 10 pence each
instrument: ISIN: GB00BFH55S51
Identification code:
--------------------------------------------- ------------------------------------
b) Nature of the transaction: Grant of options over ordinary
shares
--------------------------------------------- ------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------------------------------------------- ----------------- -----------------
Nil 90,000
-------------------------------------------------------------------- -----------------
d) Aggregated volume: 90,000
Price: Nil
--------------------------------------------- ------------------------------------
e) Date of the Transaction: 11 January 2019
--------------------------------------------- ------------------------------------
f) Place of the Transaction: Outside trading venue
--------------------------------------------- ------------------------------------
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END
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