James Halstead plc
("James Halstead" or the "Company")
(AIM:JHD)
PDMR Grant of Share Options
James Halstead plc (AIM: JHD) announces that in accordance with the rules of the James Halstead Share Option Plan, the Remuneration Committee has granted 90,000 options to Persons Discharging Managerial Responsibilities ("PDMRs") as listed below.
| PDMR | Position | Number of Options granted | Exercise Price | Total No. of Options now held | Total No. of Options held as percentage of current issued share capital |
|
| Mark Halstead | Group Chief Executive | 30,000 | 192.75 | 397,802 | 0.095% | |
| Gordon R Oliver | Group Finance Director | 30,000 | 192.75 | 394,582 | 0.095% | |
| David W Drillingcourt | Corporate Development Director | 30,000 | 192.75 | 270,000 | 0.065% | |
The date of the grant is 27th March 2024, and the period of exercise is between the third and tenth anniversary from the date of the grant. The vesting of the award is dependent upon the achievement of a performance criteria and is subject to the operation of Malus and Clawback provisions, as set out in The Rules of the James Halsted PLC Share Option Plan.
Following the grant of the Options the total number of ordinary shares in the Company under option is 3,747,334 representing 0.90% of the current issued share capital.
The notification set out below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
| a) | Name | 1. Mark Halstead 2. Gordon Richard Oliver 3. David William Drillingcourt |
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| 2 | Reason for the notification | ||||||
| a) | Position/status | Classified as PDMRs of the Company |
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| b)
| Initial notification /Amendment | Initial Notification |
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| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor | ||||||
| a) | Name | James Halstead plc |
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| b) | LEI | 213800C8FFBYV06UL498 |
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| 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 | Ordinary Shares of 5p each
GB00B0LS8535 |
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| b) | Nature of the transaction | Grant of Share Options |
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| c)
| Price(s) and volume(s)
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| d) | Aggregated information - Aggregated volume - Price |
90,000 192.75p
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| e) | Date of the transaction | 27th March 2024 |
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| f) | Place of the transaction | London Stock Exchange - AIM |
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Name of authorised official of issuer responsible for making notification:
David Fletcher, Company Secretary to James Halstead plc
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