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Fulham Shore PLC - Grant of options

RNS Number : 7830V
Fulham Shore PLC (The)
25 July 2018
 

The Fulham Shore plc

 ("Fulham Shore" or "the Company")

 

Grant of options

 

The Fulham Shore plc (AIM: FUL) announces that the Company has today granted 3,800,000 options over ordinary shares in the Company ("Ordinary Shares") to employees pursuant to The Fulham Shore Company Share Option Plan ("CSOP") and the Unapproved Share Option Scheme (together, the "Options"). The Options have an exercise price of 10.15 pence per Ordinary Share (being the mid-market price at midday today, Wednesday 25 July 2018). The following Options have been granted to persons discharging managerial responsibilities ("PDMRs") under the Unapproved Share Option Scheme:

 

Name of PDMR

Role

No. of Options granted

Total options over Ordinary Shares now held

Jawaid Akhtar

Franco Manca Operations Director

250,000

1,450,000

Tom Byng

Franco Manca Property Director

100,000

700,000

Christos Karatzenis

The Real Greek Operations Manager

200,000

1,100,000

 

The above Unapproved Options granted today are exercisable from the third anniversary of grant until the seventh anniversary of grant. There are no additional performance conditions attaching to the Options.

 

Following the grant of the Options, the Company has a total of 65,873,820 options over new Ordinary Shares outstanding under share option schemes, equivalent to 11.5% of the existing issued share capital of the Company.

 

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

Jawaid Akhtar 

2

Reason for the notification

a)

Position/status

Franco Manca Operations Director (PDMR)

 

b)

 

Initial notification /Amendment

Initial notification

3

 

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

 

a)

Name

The Fulham Shore plc

 

b)

LEI

213800I1MACIDMBA2M29

 

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 1p each in The Fulham Shore plc

 

Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44

 

b)

Nature of the transaction

Grant of options

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

Exercise price of 10.15p per share

250,000

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

25 July 2018

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Tom Byng

2

Reason for the notification

a)

Position/status

Franco Manca Property Director (PDMR)

 

b)

 

Initial notification /Amendment

Initial notification

3

 

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

 

a)

Name

The Fulham Shore plc

 

b)

LEI

213800I1MACIDMBA2M29

 

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 1p each in The Fulham Shore plc

 

Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44

 

b)

Nature of the transaction

Grant of options

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

Exercise price of 10.15p per share

100,000

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

25 July 2018

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Christos Karatzenis

2

Reason for the notification

a)

Position/status

The Real Greek Operations Manager (PDMR)

 

b)

 

Initial notification /Amendment

Initial notification

3

 

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

 

a)

Name

The Fulham Shore plc

 

b)

LEI

213800I1MACIDMBA2M29

 

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 1p each in The Fulham Shore plc

 

Identification code (ISIN) for The Fulham Shore plc ordinary shares: GB00B9F8VG44

 

b)

Nature of the transaction

Grant of options

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

Exercise price of 10.15p per share

200,000

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

25 July 2018

f)

Place of the transaction

Outside a trading venue

 

 

- Ends -

 



 

 

For further information, please contact:

 

The Fulham Shore plc

www.fulhamshore.com

David Page

 

Tel: 020 3026 8129

Allenby Capital Limited

Nick Naylor / Jeremy Porter / James Reeve

 

Tel: 0203 328 5656

 

Hudson Sandler - Financial PR

Alex Brennan / Lucy Wollam

[email protected]

Telephone: 020 7796 4133

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Fulham Shore PLC

Price: 4.98

Market: AIM
Market Cap: £28.57 m
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