Manolete Partners plc
("Manolete" or the "Company")
Grant of Share Options
Manolete, a leading
The options will vest subject to the satisfaction of performance conditions based on Earnings Per Share in the Company's financial year ended 31 March 2023.
Each option has a per share exercise price equal to the nominal value of a share.
|
Director / PDMR |
Number of shares subject to option |
Financial Year to which the EPS performance condition applies |
|
Steven Cooklin |
134,000 |
Financial year ending 31 March 2023 |
|
Mark Wrenford Tavener |
134,000 |
Financial year ending 31 March 2023 |
The awards will vest following assessment of the performance condition which is an EPS target relating to the financial year ended 31 March 2023. A minimum threshold achievement would result in 25% of the award vesting, a Target EPS would result in 75% vesting and a maximum EPS would result in 100% of the award vesting.
Notification and public disclosure of transactions by PDMRs and persons closely associated with them
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Steven Cooklin |
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|
2. |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Executive Officer |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
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|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Manolete Partners plc |
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|
b) |
LEI |
213800R2X9V3KWCC4H47 |
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|
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 |
Options over ordinary shares at an exercise price equal to the nominal value of an Ordinary Share per share. |
||||
|
b) |
Identification code |
ISIN: GB00BYWQCY12 |
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|
c) |
Nature of the transaction |
Grant of options |
||||
|
d) |
Price(s) and volume(s)
|
|
||||
|
e) |
Aggregated information - Aggregate volume - Price |
134,000 N/A |
||||
|
f) |
Date of the transaction |
30th September 2020 |
||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Mark Wrenford Tavener |
||||
|
2. |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Manolete Partners plc |
||||
|
b) |
LEI |
213800R2X9V3KWCC4H47 |
||||
|
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 |
Options over ordinary shares at an exercise price equal to the nominal value of an Ordinary Share per share. |
||||
|
b) |
Identification code |
ISIN: GB00BYWQCY12 |
||||
|
c) |
Nature of the transaction |
Grant of options |
||||
|
d) |
Price(s) and volume(s)
|
|
||||
|
e) |
Aggregated information - Aggregate volume - Price |
134,000 N/A |
||||
|
f) |
Date of the transaction |
30th September 2020 |
||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||
For further information, please contact:
Manolete Partners Plc via Instinctif Partners
Peel Hunt (NOMAD and Joint Broker) +44 (0)20 7418 8900
James Britton
Rishi Shah
Duncan Littlejohns
Liberum (Joint Broker) +44 (0)20 3100 2000
Richard Crawley
James Greenwood
Instinctif Partners (Financial PR)
Tim Linacre +44 (0)7949 939237
Lewis Hill +44 (0)7837 674600