RNS Number : 5444C
Tandem Group PLC
08 February 2024
 

8 February 2024

 

Tandem Group plc

(the "Company")

 

Grant of Share Options

 

The Company announces that Richard Hill, Operations Director and a PDMR of the Company, has been granted 10,000 options ("Options") over ordinary shares of 25 pence each in the share capital of the Company ("Ordinary Shares") under the 2019 Employee Share Option Scheme.

 

The Options have an exercise price of 162.50 pence per ordinary share, being the closing midmarket price per ordinary share on 7 February 2024. The Options are exercisable between 1 January 2027 and 7 February 2034, after which the Options will lapse.

 

 

Enquiries:

Tandem Group plc

Peter Kimberley, CEO

David Rock, Company Secretary

Telephone 0121 748 8075

 

Nominated Adviser

Cavendish Capital Markets Limited (Nominated Adviser and Broker)

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Charlie Combe - Sales and Equity Capital Markets

Telephone 0207 220 0500

 

  

The notification set out below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such dealings.

           

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Richard Hill

2

Reason for notification

 

 

 

a.

Position/Status

Operations Director and PDMR

b.

Initial notification/

Amendment

Initial Notification

3

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

a.

Name

Tandem Group plc

b.

LEI

213800WKK3A6NMOB6788

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 25p each



ISIN: GB00B460T373

b.

Nature of the transaction

Award of options to subscribe for new ordinary shares at 162.50 pence per ordinary share

c.

Price(s) and volume(s)



 

 

Price(s)

Volume(s)

162.50p

10,000

 




d.

Aggregated information

 

- Aggregated Volume

 

- Price

N/A - single transactions

 

e.

Date of the transaction

8 February 2024

f.

Place of the transaction

Outside of a trading venue 

 

 

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