REG - Titon Holdings PLC - Grant of options and Director/PDMR Shareholding

Titon HoldingsAnnouncement

19/07/2024 14:15

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RNS Number : 1170X  Titon Holdings PLC  19 July 2024

19 July 2024

Titon Holdings Plc

Grant of options and Director/PDMR Shareholding

 

Titon Holdings Plc (the "Company") announces that it has granted options to
Tom Carpenter, Chief Executive over a total of 150,000 ordinary shares of 10
pence each in the Company ("Ordinary Shares"). The options, which have been
granted under the EMI Share Option Plan 2021, are subject to a performance
condition as described in the Company's 2020 annual report and accounts, are
expected to vest three years after the date of grant, will be exercisable for
a period of seven years from vesting and each have an exercise price of 70.0
pence.

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.

Notification of transactions of persons discharging managerial
responsibilities and persons closely associated with them.

 

 1       Details of the person discharging managerial responsibilities / person closely

       associated

 a)      Name                                                                   Tom Carpenter

 2       Reason for the notification

 a)      Position/status                                                        Chief Executive

 b)      Initial notification /Amendment    Initial Notification

 3       Details of the issuer, emission allowance market participant, auction

       platform,

         auctioneer or auction monitor

 a)      Name                               Titon Holdings plc

 b)      LEI                                213800ZHXS8G27RM1D97

 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       Options over ordinary shares of 10 pence each in Titon Holdings Plc

         instrument, type of instrument

                                            Ordinary Share ISIN: GB0008941402

         Identification code
 b)      Nature of the transaction          Grant of options over ordinary shares

 c)      Price(s) and volume(s)

Price(s)  Volume(s)

                                            Nil       150,000 options

 

 d)      Aggregated information

                                            150,000 options

         - Aggregated volume                Nil cost of grant

         - Price

 e)      Date of the transaction            19 July 2024

 f)      Place of the transaction           Outside of a trading venue

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

150,000 options

 

Nil cost of grant

e)

 

Date of the transaction

19 July 2024

f)

Place of the transaction

Outside of a trading venue

 

 

 

 

For further information please contact:

 

 Titon Holdings plc

 Jamie Brooke, Non-Executive Chair             Tel: +44 (0)7715 603587

 Shore Capital - Nominated Adviser and Broker  Tel: +44 (0)20 7408 4090

 Daniel Bush

 Tom Knibbs

 

 

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