6 December 2021
FIH group plc
("FIH" or "the Company")
Issue of share awards under the Company's Long Term Incentive Plan and Director/PDMR dealings
FIH group plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics, announces that on 3 December 2021 the Company granted options over 255,304 ordinary shares in the Company ("Options") to 17 employees of the group under the Company's 2018 Long Term Incentive Plan.
The Options are subject to the achievement of two sets of performance conditions which include a requirement that the Company's share price increases to £2.75 before any vesting can occur. The Option grants have been agreed by the Company's Remuneration Committee whose members are all independent non-executive directors. The Options have an exercise price of ten pence being equal to the nominal value of an ordinary share of the Company and a three year vesting period. The Options expire on the fifth anniversary of the date of the grant. Following the grant of the Options, the total number of options outstanding over shares in the Company is 523,521 equivalent to 4.2% of the Company's existing issued share capital.
Included within the awards described above is an award of 55,814 options to Mr. Stuart Munro who is a director of the company. These options are not deemed to represent a beneficial holding until the vesting conditions have been met.
Further details of the Option awards to persons discharging managerial responsibilities ("PDMR") have been disclosed below in accordance with the requirements of the Market Abuse Regulation (EU).
ENDS
| Further enquiries: |
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| FIH group plc |
| Tel: +44 (0) 1279 461 630 |
| Stuart Munro |
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| WH Ireland Limited |
| Tel: +44 (0) 20 7220 1666 |
| Nominated Adviser and Broker to FIH |
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| Adrian Hadden |
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| Jessica Cave |
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| Novella Communications Communications adviser to FIH Tim Robertson / Chris Marsh
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| Tel: +44 (0) 20 3151 7008 |
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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Stuart Munro | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Financial Officer, FIH group plc | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | FIH group plc | ||||
| b) | LEI | 2138004AXCMSNLBSNB42 | ||||
| 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 | Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan
GB00BD0CWJ91 | ||||
| b) | Nature of the transaction | Issue of Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | Aggregated information - Aggregated volume 55,814 - Price £5,581.40
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| e) | Date of the transaction | 3 December 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Iain Harrison | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Company Secretary, FIH group plc | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | FIH group plc | ||||
| b) | LEI | 2138004AXCMSNLBSNB42 | ||||
| 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 | Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan
GB00BD0CWJ91 | ||||
| b) | Nature of the transaction | Issue of Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | Aggregated information - Aggregated volume 16,270 - Price £1,627.00
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| e) | Date of the transaction | 3 December 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Kevin Ironside | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Managing Director of Falkland Islands Company Ltd, a subsidiary of FIH group plc | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | FIH group plc | ||||
| b) | LEI | 2138004AXCMSNLBSNB42 | ||||
| 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 | Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan
GB00BD0CWJ91 | ||||
| b) | Nature of the transaction | Issue of Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | Aggregated information - Aggregated volume 17,421 - Price £1,742.10 | ||||
| e) | Date of the transaction | 3 December 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Stephen Lane | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Managing Director of Momart Ltd, a subsidiary of FIH group plc | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | FIH group plc | ||||
| b) | LEI | 2138004AXCMSNLBSNB42 | ||||
| 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 | Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan
GB00BD0CWJ91 | ||||
| b) | Nature of the transaction | Issue of Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | Aggregated information - Aggregated volume 19,186 - Price £1,918.60 | ||||
| e) | Date of the transaction | 3 December 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Clive Lane | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Managing Director of The Portsmouth Harbour Ferry Company Ltd, a subsidiary of FIH group plc | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | FIH group plc | ||||
| b) | LEI | 2138004AXCMSNLBSNB42 | ||||
| 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 | Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan
GB00BD0CWJ91 | ||||
| b) | Nature of the transaction | Issue of Options over Ordinary Shares of 10p each granted under the FIH group plc 2018 Long Term Incentive plan | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | Aggregated information - Aggregated volume 11,515 - Price £1,151.50 | ||||
| e) | Date of the transaction | 3 December 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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