Issue of Options

RNS Number : 5832J
W.H. Ireland Group PLC
27 April 2022
 

 

 

WH Ireland Group Plc

 

(“WH Ireland” or the “Company”)

 

Issue of Options

The Company confirms today that it has issued options over 1,249,998 Ordinary Shares to certain new employees of Company pursuant to their contracts of employment (the “New Options“). Of the New Options, options over 937,499 Ordinary Shares have been issued to Michael Bishop, the head of the Wealth Management of the Company and options over 208,333 Ordinary Shares have been issued to Simon Jackson, Finance Director of the Company.

These options are granted under the rules of the Company’s EMI Share Scheme 2020; have an exercise price of 48p and vest on the third anniversary of the date of grant. These options are conditional on the continued employment of the recipient at the date of vesting.

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

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

               

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

1

Details of the person discharging managerial responsibilities

a)

Name

Michael Bishop

2

Reason for the notification

a)

Position/status

Head of Wealth Management

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

Issue of Share Options

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

48p

937,499



d)

Aggregated information

–   Aggregated volume

 –   Price

 

937,499

48p

 

e)

Date of the transaction

27 April 2020

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

Details of the person discharging managerial responsibilities

a)

Name

Simon Jackson

2

Reason for the notification

a)

Position/status

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

Issue of Equity

c)

Price(s) and volume(s)

Price(s)

Volume(s)



48p

208,333



d)

Aggregated information

–   Aggregated volume

 –   Price

 

208,333

48p

e)

Date of the transaction

27 April 2022

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

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