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Employee Share Plan and PDMR Dealings

Posted on 09 Sep 2021 by WH Ireland Group plc

RNS Number : 2528L
W.H. Ireland Group PLC
09 September 2021
 

 

 

WH Ireland Group Plc

 

(“WH Ireland” or the “Company”)

 

Employee Share Plan and PDMR Dealings

The Company confirms it has established a Save As You Earn option scheme (the “SAYE Scheme “) which is approved by H.M. Revenue and Customs. 

Certain employees (the “SAYE Scheme Participants“) of the Group have chosen to participate in the SAYE Scheme, pursuant to which, subject to certain customary conditions being satisfied, they will be able to subscribe for, in aggregate, up to 1,231,965 ordinary shares in the capital of the Company (“Shares“). Certain PDMRs of the Company are SAYE Scheme Participants (the details of which are set out below). The first subscriptions for this scheme will occur on 27 September 2021.

The SAYE Scheme operates for a three year period after which employees can exercise their option at an exercise price per share of 51.75 pence, although the SAYE Scheme Participants may opt to withdraw from the SAYE Scheme, recovering paid-in funds, prior to that time.

Consent

In accordance with the agreement with Polygon Global Partners LLP (“Polygon”), announced on 17 October 2017, Polygon has consented to the issue of the Shares.

 The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.

1

Details of the PDMR

a)

Name

Phillip Wale

2

Reason for the notification

a)

Position/status

CEO

b)

Initial notification/amendment

Initial notification

3

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

a)

Name

WH Ireland Group plc

b)

LEI

213800HB9TO5O4WD6S66

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 0.5 pence each

 

GB0009241885

b)

Nature of the transaction

Acquisition of existing shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

51.75p

6,956



d)

Aggregated information

–   Aggregated volume

 –   Price

 

6,956

51.75p

e)

Date of the transaction

8 September 2021

f)

Place of the transaction

London Stock Exchange (XLON)

2

Details of the PDMR

a)

Name

Graham Bateman

2

Reason for the notification

a)

Position/status

Head of Compliance

b)

Initial notification/amendment

Initial notification

3

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

a)

Name

WH Ireland Group plc

b)

LEI

213800HB9TO5O4WD6S66

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 0.5 pence each

 

GB0009241885

b)

Nature of the transaction

Acquisition of existing shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

51.75p

34,782



d)

Aggregated information

–   Aggregated volume

 –   Price

 

34,782

51.75p

e)

Date of the transaction

8 September 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

3

Details of the PDMR

a)

Name

Adam Pollock

2

Reason for the notification

a)

Position/status

Head of Corporate Broking

b)

Initial notification/amendment

Initial notification

3

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

a)

Name

WH Ireland Group plc

b)

LEI

213800HB9TO5O4WD6S66

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 0.5 pence each

 

GB0009241885

b)

Nature of the transaction

Acquisition of existing shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

51.75p

6,956



d)

Aggregated information

–   Aggregated volume

 –   Price

 

6,956

51.75p

e)

Date of the transaction

8 September 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

4

Details of the PDMR

a)

Name

Karen Barnett

2

Reason for the notification

a)

Position/status

Head of HR

b)

Initial notification/amendment

Initial notification

3

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

a)

Name

WH Ireland Group plc

b)

LEI

213800HB9TO5O4WD6S66

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 0.5 pence each

 

GB0009241885

b)

Nature of the transaction

Acquisition of existing shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

51.75p

24,347



d)

Aggregated information

–   Aggregated volume

 –   Price

 

24,347

51.75p

e)

Date of the transaction

8 September 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

5

Details of the PDMR

a)

Name

Katy Mitchell

2

Reason for the notification

a)

Position/status

General Counsel (and CF Director)

b)

Initial notification/amendment

Initial notification

3

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

a)

Name

WH Ireland Group plc

b)

LEI

213800HB9TO5O4WD6S66

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 0.5 pence each

 

GB0009241885

b)

Nature of the transaction

Acquisition of existing shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

51.75p

27,826



d)

Aggregated information

–   Aggregated volume

 –   Price

 

27,826

51.75p

e)

Date of the transaction

8 September 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

6

Details of the PDMR

a)

Name

John Cummins

2

Reason for the notification

a)

Position/status

Deputy Head of Capital Markets

b)

Initial notification/amendment

Initial notification

3

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

a)

Name

WH Ireland Group plc

b)

LEI

213800HB9TO5O4WD6S66

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 0.5 pence each

 

GB0009241885

b)

Nature of the transaction

Acquisition of existing shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

51.75p

34,782



d)

Aggregated information

–   Aggregated volume

 –   Price

 

34,782

51.75p

e)

Date of the transaction

8 September 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

For further information please contact:

WH Ireland Group plc        

www.whirelandplc.com

Phillip Wale, Chief Executive Officer

+44(0) 20 7220 1666



Canaccord Genuity Limited

www.canaccordgenuity.com

Andrew Potts / Tom Diehl 

+44(0) 20 7523 8000



MHP Communications

whireland@mhpc.com

Reg Hoare / James Bavister               

+44 (0) 20 3128 8793

 

 

 

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