REG - Tekmar Group PLC - Grant of Conditional Share Options
13/06/2024 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240613:nRSM2190Sa&default-theme=true
RNS Number : 2190S Tekmar Group PLC 13 June 2024
Tekmar Group plc
("Tekmar", the "Group" or the "Company")
Grant of Conditional Share Options
Tekmar Group plc, a leading provider of technology and services for the
global offshore energy markets, announces that the Group has established a
share option plan (the "Share Option Plan"), which awards share options to the
executive directors, other PDMRs and certain other employees of up to
3,666,401 ordinary shares of £0.01 each in the Company ("Ordinary
Shares"). The award of these options is in accordance with the intention
set out in the circular to shareholders dated 3 April 2023 to award shares to
certain Group employees in lieu of the Company's LTIP awards for the prior
financial year. The share options comprise three equal tranches of Ordinary
Shares which vest at intervals up to 20 April 2026 subject to certain
conditions which are summarised below.
The following Persons Discharging Managerial Responsibility ("PDMRs") have
been granted options:
Name Position Number of options granted under the Share Option Plan Total interest in Ordinary Shares (No.) Total interest in Ordinary Shares (%)
Alasdair MacDonald Chief Executive Officer Tekmar Group plc 2,427,600 3,049,867 2.24%
Leanne Wilkinson Chief Financial Officer 375,000 489,130 0.36%
Tekmar Group plc
Marc Bell Managing Director Tekmar Energy Ltd 350,000 350,000 0.26%
Fraser Gibson Managing Director 261,800 0 0%
Ryder
Gary Howland Sales Director 126,438 126,438 0.09%
Tekmar Group plc
David Blake Sales Director 81,813 0 0%
Pipeshield International Limited
Conditions
Options may not be exercised under the Share Option Plan until the relevant
vesting dates, of which there are three:
· the date of grant;
· 20 April 2025; and
· 20 April 2026.
On each vesting date, individuals will be entitled to acquire shares at the
exercise price of £0.01 provided that they remain employed at that date.
The relevant notification set out below is provided in accordance with the
requirements of Article 19 of the EU Market Abuse Regulation.
1 Details of the person discharging managerial responsibility / person closely
associated
a) Name Alasdair MacDonald
2 Reason for the notification
a) Position/status Chief Executive Officer, Tekmar Group plc
b) Initial notification/amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tekmar Group plc
b) LEI 213800839UQKQTV33E71
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 Ordinary shares of £0.01 each
Identification code GB00BDFGGK53
b) Nature of transaction Grant of options under the Share Option Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0.01 2,427,600
d) Aggregated information
Aggregated volume NA
Price NA
e) Date of transaction
f) Place of transaction Outside a trading venue
1 Details of the person discharging managerial responsibility / person closely
associated
a) Name Leanne Wilkinson
2 Reason for the notification
a) Position/status Chief Financial Officer, Tekmar Group plc
b) Initial notification/amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tekmar Group plc
b) LEI 213800839UQKQTV33E71
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 Ordinary shares of £0.01 each
Identification code GB00BDFGGK53
b) Nature of transaction Grant of options under the Share Option Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0.01 375,000
d) Aggregated information
Aggregated volume NA
Price NA
e) Date of transaction
f) Place of transaction Outside a trading venue
1 Details of the person discharging managerial responsibility / person closely
associated
a) Name Marc Bell
2 Reason for the notification
a) Position/status Managing Director, Tekmar Energy Limited
b) Initial notification/amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tekmar Group plc
b) LEI 213800839UQKQTV33E71
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 Ordinary shares of £0.01 each
Identification code GB00BDFGGK53
b) Nature of transaction Grant of options under the Share Option Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0.01 350,000
d) Aggregated information
Aggregated volume NA
Price NA
e) Date of transaction
f) Place of transaction Outside a trading venue
1 Details of the person discharging managerial responsibility / person closely
associated
a) Name Fraser Gibson
2 Reason for the notification
a) Position/status Managing Director, Ryder Geotechnical Limited
b) Initial notification/amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tekmar Group plc
b) LEI 213800839UQKQTV33E71
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 Ordinary shares of £0.01 each
Identification code GB00BDFGGK53
b) Nature of transaction Grant of options under the Share Option Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0.01 261,800
d) Aggregated information
Aggregated volume NA
Price NA
e) Date of transaction
f) Place of transaction Outside a trading venue
1 Details of the person discharging managerial responsibility / person closely
associated
a) Name Gary Howland
2 Reason for the notification
a) Position/status Sales Director, Tekmar Group plc
b) Initial notification/amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tekmar Group plc
b) LEI 213800839UQKQTV33E71
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 Ordinary shares of £0.01 each
Identification code GB00BDFGGK53
b) Nature of transaction Grant of options under the Share Option Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0.01 126,438
d) Aggregated information
Aggregated volume NA
Price NA
e) Date of transaction
f) Place of transaction Outside a trading venue
1 Details of the person discharging managerial responsibility / person closely
associated
a) Name David Blake
2 Reason for the notification
a) Position/status Sales Director, Pipeshield International Limited
b) Initial notification/amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Tekmar Group plc
b) LEI 213800839UQKQTV33E71
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 Ordinary shares of £0.01 each
Identification code GB00BDFGGK53
b) Nature of transaction Grant of options under the Share Option Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0.01 81,813
d) Aggregated information
Aggregated volume NA
Price NA
e) Date of transaction
f) Place of transaction Outside a trading venue
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
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHUUVNRSUUNAARRecent news on Tekmar
See all newsREG - Tekmar Group PLC - Exercise of Options and Total Voting Rights
AnnouncementREG - Tekmar Group PLC - Holding(s) in Company
AnnouncementREG - Tekmar Group PLC Schroders PLC - Holding(s) in Company
AnnouncementREG - Tekmar Group PLC - Renewal of Banking Facilities
AnnouncementREG - Tekmar Group PLC - New Contract Award
Announcement