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 /Amendment
| Initial Notification | |||||
| 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 instrument, type of instrument
Identification code | Options over ordinary shares of 10 pence each in Titon Holdings Plc
Ordinary Share ISIN: GB0008941402 | |||||
| b)
| Nature of the transaction
| Grant of options over ordinary shares | |||||
| c)
| Price(s) and volume(s)
|
| |||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
150,000 options
Nil cost of grant | |||||
| 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 Keith Ritchie
|
Tel: +44 (0)7748 146834
|
| Shore Capital - Nominated Adviser and Broker Daniel Bush Tom Knibbs
| Tel: +44 (0)20 7408 4090 |
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