Titon Holdings PLC Grant of Options and Director/PDMR Shareholding (7099Q)

TIDMTON

RNS Number : 7099Q

Titon Holdings PLC

29 June 2022

Titon Holdings Plc

Grant of options and Director/PDMR Shareholding

Titon Holdings Plc (the "Company") announces that it has granted options to Alexandra French, CEO over a total of 150,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares"). The options, which have been granted under the EMI Share Option Plan 2021, are subject to a performance condition as described in the Company's 2020 annual report and accounts, are expected to vest three years after the date of grant, will be exercisable for a period of seven years from vesting and each have an exercise price of 95.0 pence.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them .

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                       Alexandra French 
 
 2    Reason for the notification 
     ----------------------------------------    ------------------------------------- 
 a)   Position/status                            CEO 
 
 b)   Initial notification                        Initial Notification 
       /Amendment 
     ----------------------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, 
       auctioneer or auction monitor 
     --------------------------------------------------------------------------------- 
 a)   Name                                      Titon Holdings plc 
     ----------------------------------------  --------------------------------------- 
 b)   LEI                                       213800ZHXS8G27RM1D97 
     ----------------------------------------  --------------------------------------- 
 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              Options over ordinary shares of 10 
       instrument, type of                       pence each in Titon Holdings Plc 
       instrument 
                                                 Ordinary Share ISIN: GB0008941402 
       Identification code 
     ----------------------------------------  --------------------------------------- 
b)   Nature of the transaction                 Grant of options over ordinary shares 
     ----------------------------------------  --------------------------------------- 
c)   Price(s) and volume(s)                      Price(s)   Volume(s) 
                                                  Nil        150,000 options 
                                                            ---------------- 
     ----------------------------------------  --------------------------------------- 
d)    Aggregated information 
                                                    150,000 options 
 
        *    Aggregated volume                      Nil cost of grant 
 
 
 
 
        *    Price 
     ----------------------------------------  --------------------------------------- 
e)   Date of the transaction                      29 June 2022 
     ----------------------------------------  --------------------------------------- 
f)   Place of the transaction                     Outside of a trading venue 
     ----------------------------------------  ---------------------------------------

For further information please contact:

 
 Titon Holdings plc                   Tel: +44 (0)7748 146834 
  Keith Ritchie 
 Shore Capital - Nominated Adviser   Tel: +44 (0)20 7408 4090 
  and Broker 
  Daniel Bush 
  Tom Knibbs

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