RNS Number : 0858C
LPA Group PLC
06 February 2024
 

LPA Group plc

("LPA", the "Company" or the "Group")

Exercise of Share Options, Director/PDMR Shareholding

Total Voting Rights

LPA Group plc, the innovation-led engineering specialist in electronic and electro-mechanical components and systems, announces that on 5 February 2024 it received notice of an exercise of options from Paul Curtis, Chief Executive Officer, to subscribe for 30,000 new ordinary shares of 10p each. The exercise price of the options is 63.2 pence per share.

Following the above transaction, Paul Curtis is beneficially interested in 80,000 ordinary shares in the Company, representing approximately 0.59 per cent. of the Company's enlarged issued share capital.

Application has been made to the London Stock Exchange for the 30,000 new ordinary shares to be admitted to trading on AIM and admission is expected to occur on or around 9 February 2024.

For the purpose of the Disclosure Guidance and Transparency Rules, following the above issue of equity, the issued share capital of the Company comprises 13,513,229 ordinary shares of 10p each. The above figure may be used by shareholders as the denominator for the 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.

 

For further information, please contact:

LPA Group plc

Robert B Horvath, Chairman

Paul Curtis, Chief Executive Officer

Stuart Stanyard, Chief Financial Officer

Tel: +44 (0) 1799 512800

www.lpa-group.com

Cavendish Capital Markets Limited (Nominated Adviser & Broker)

Corporate Finance

Ed Frisby / Abigail Kelly

Corporate Broking

Tim Redfern

Tel: +44 (0) 20 7220 0500

Hudson Sandler (Financial PR)

Dan de Belder

Nick Moore

Francesca Rosser

 

Tel: +44 (0) 20 7796 4133

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Curtis

2

Reason for the notification

a)

Position/status

CEO/PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

LPA Group plc

b)

LEI

 

2138007S67YLDN6CEF21

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

LPA Group plc ordinary shares of 10p each

 

GB0007320806

b)

Nature of the transaction

Exercise of options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

63.2p

 

30,000

d)

Aggregated information

- Aggregated volume

- Price

 

 

As above

 

e)

Date of the transaction

5 February 2024

f)

Place of the transaction

Outside a trading venue

g)

Additional Information

N/A

 

 

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