Titon Holdings PLC Exercise of options and Director/PDMR Shareholding (6216V)
August 10 2022 - 12:15PM
UK Regulatory
TIDMTON
RNS Number : 6216V
Titon Holdings PLC
10 August 2022
10 August 2022
Titon Holdings Plc
Exercise of options and Director/PDMR shareholding
Titon Holdings Plc (the "Company"), announces that Mr. K
Ritchie, Chairman of the Company and Mr. N Howlett, Non-Executive
Director, on 5(th) August 2022 exercised options over 50,000 and
25,000 ordinary shares of 10 pence each in the Company ("Ordinary
Shares") respectively at an exercise price of 58 pence each.
Following this exercise, the total beneficial interest of Mr. K
Ritchie and persons closely associated with him is 1,031,381
Ordinary Shares, representing 9.2 per cent. of the Company's issued
share capital. The total beneficial interest of Mr. N Howlett and
persons closely associated with him is 63,500 Ordinary Shares,
representing 0.6 per cent. of the Company's issued share
capital.
To satisfy the exercise of these share options, 50,000 Ordinary
Shares will be issued from treasury on 12 August 2022. Application
has also been made to the London Stock Exchange for the admission
of 25,000 new Ordinary Shares to trading on AIM and admission is
expected to take place at 8.00am on 12 August 2022 ("Admission").
Following Admission, the total number of Ordinary Shares in issue
will be 11,218,750, each carrying the right to one vote, and the
Company will hold no Ordinary Shares in treasury. Consequently,
shareholders should use the figure of 11,218,750 Ordinary Shares as
the denominator for calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in the Company, under the Disclosure Guidance and
Transparency Rules of the Financial Conduct Authority.
The notifications below, made in accordance with the
requirements of the UK Market Abuse Regulation, provide 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 Mr. K Ritchie
2 Reason for the notification
------------------------------------------- -------------------------------------------
a) Position/status Chairman
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 Ordinary shares of 10 pence each in
instrument, type of Titon Holdings Plc
instrument
Identification code GB0008941402
------------------------------------------- ---------------------------------------------
b) Nature of the transaction Exercise of options over 50,000 Ordinary
Shares
------------------------------------------- ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.58 50,000 Ordinary
Shares
----------------
------------------------------------------- ---------------------------------------------
d) Aggregated information
* Aggregated volume 50,000 Ordinary Shares
GBP0.58
* Aggregated price GBP29,000
* Aggregated total
------------------------------------------- ---------------------------------------------
e) Date of the transaction 5 August 2022
------------------------------------------- ---------------------------------------------
f) Place of the transaction Off market transaction
------------------------------------------- ---------------------------------------------
Details of the person discharging managerial responsibilities
/ person closely associated
Name Mr. N Howlett
Reason for the notification
------------------------------------ -------------------------------------------
Position/status Non-Executive Director
Initial notification Initial Notification
/Amendment
---------------------------------------------
Details of the issuer, emission allowance market participant,
auction platform,
auctioneer or auction monitor
Name Titon Holdings Plc
---------------------------------------------
LEI 213800ZHXS8G27RM1D97
---------------------------------------------
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
Description of the financial Ordinary shares of 10 pence each in
instrument, type of Titon Holdings Plc
instrument
Identification code GB0008941402
---------------------------------------------
Nature of the transaction Exercise of options over 25,000 Ordinary
Shares
---------------------------------------------
Price(s) and volume(s) Price(s) Volume(s)
GBP0.58 25,000 Ordinary
Shares
----------------
---------------------------------------------
Aggregated information
* Aggregated volume 50,000 Ordinary Shares
GBP0.58
* Aggregated price GBP14,500
* Aggregated total
---------------------------------------------
Date of the transaction 5 August 2022
---------------------------------------------
Place of the transaction Off market transaction
---------------------------------------------
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHGPURURUPPGQU
(END) Dow Jones Newswires
August 10, 2022 12:15 ET (16:15 GMT)
Titon (LSE:TON)
Historical Stock Chart
From Jun 2024 to Jul 2024
Titon (LSE:TON)
Historical Stock Chart
From Jul 2023 to Jul 2024
