Tyman PLC Director/PDMR Shareholding
May 30 2024 - 1:03PM
RNS Regulatory News
RNS Number : 5442Q
Tyman PLC
30 May 2024
TYMAN PLC
("Tyman" or the
"Company" or the
"Group")
DIRECTOR/PDMR
SHAREHOLDINGS
Tyman plc, a leading international
supplier of engineered fenestration components and access solutions
to the construction industry, announces that it received notice on
29 May 2024 that Jason Ashton, Chief Financial Officer of Tyman,
exercised options over 28,265 ordinary shares of 5p each in the
Company ("Ordinary Shares") under Tyman's Long Term Incentive Plan
(the "LTIP").
In accordance with the Group's
policy, this exercise was satisfied through the transfer of
Ordinary Shares from the Tyman Employees Benefit Trust. The shares
are subject to a further two-year holding period until 29 May 2026.
The release under the LTIP includes additional shares received in
lieu of dividends, which are subject to tax.
Following the exercise Jason Ashton
received a total of 28,265 Ordinary Shares of which 13,318 were
sold at a price of £3.66 per share to satisfy costs and
tax liabilities and 14,947 were retained in accordance with the
Company's holding requirements.
The following disclosure is made in
accordance with Article 19 of EU Market Abuse Regulation No.
596/2014 as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018.
1
|
Details of the persons discharging managerial responsibilities
/ person closely associated
|
a)
|
Names
|
JASON ASHTON
|
2
|
Reason for the notification:
|
a)
|
Position/status
|
CHIEF FINANCIAL OFFICER
|
b)
|
Initial notification
/Amendment
|
INITIAL NOTIFICATION
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
TYMAN PLC
|
b)
|
LEI
|
213800AAFUV5PKGQU848
|
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
|
ORDINARY SHARES OF 5P
EACH
|
|
|
Identification code
|
ISIN NUMBER:GB00B29H4253
|
|
|
b)
|
Nature of the transaction
|
A. EXERCISE OF LTIP
SHARE OPTIONS.
B. SALE OF SHARES TO SATISFY THE
TAX LIABILITY AND FEES ARISING FROM AN EXERCISE OF LTIP SHARE
OPTIONS.
|
c)
|
Prices (s) and volume(s)
|
|
Price
|
Volume
|
A
|
£Nil
|
28,265
|
B
|
£3.66
|
13,318
|
|
|
|
d)
|
Aggregated information
|
A. 28,265 options over Ordinary
Shares at £Nil Cost per share
B. 13,318 Ordinary Shares, sold at a
price of £3.66 per Ordinary Share,
totalling £48,677.81.
|
|
- Volume
- Price
- Total
|
|
|
|
|
|
|
e)
|
Date of the transaction
|
29 May 2024
|
f)
|
Place of the transaction
|
LONDON STOCK
EXCHANGE
|
|
|
|
|
|
|
30 May 2024
Enquiries:
|
|
Tyman plc
|
020 7976
8000
|
Peter Ho - General Counsel &
Company Secretary
|
www.tymanplc.com
|
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
DSHDBLFXZELBBBL
Tyman (LSE:TYMN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Tyman (LSE:TYMN)
Historical Stock Chart
From Jul 2023 to Jul 2024