PDMR Dealings & Issue of Options

Source: RNS
RNS Number : 4713Y
Latham(James) PLC
31 July 2024
 

James Latham plc

("James Latham" or "the Company")

PDMR Dealings & Issue of Options

 

The Company announces that, on 30 July 2024, the Trustees of the Company's SIPS scheme allocated 1,146 ordinary shares of 25p each in the Company at a price of 1415p per share to certain PDMRs as detailed below.  

 

 

 

PDMR

SIPS scheme allocation

Resultant Total Shareholding

Resultant Total Shareholding %

Nick Latham - Chairman

382

648,782

3.22%

David Dunmow - Finance Director

382

145,853

0.72%

Piers Latham - Executive Director

382

645,517

3.20%

 

The Company also announces that on 29 July 2024, it has granted 174,780 options under the James Latham plc Save as you Earn Scheme at a price of 987p per ordinary share. The options can be exercised between 1 September 2027 and 1 February 2028. The following options have been granted to PDMRs:

PDMR

Options granted 

Nick Latham (Chairman) 

1,879

David Dunmow (Finance Director) 

1,879

Piers Latham (Executive Director) 

1,879

Andrew Wright (Managing Director) 

939

Nick Widlinski (Associate Director)

1,879

 

 

For further information please visit www.lathamtimber.co.uk  or contact:

 

James Latham plc

Tel: 01442 849 100

Nick Latham, Chairman

 

David Dunmow, Finance Director

 

 

 

SP Angel Corporate Finance LLP

 

Matthew Johnson / Charlie Bouverat (Corporate Finance)

Tel: 0203 470 0470

Abigail Wayne / Rob Rees (Corporate Broking)

 

 

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Issue of Ordinary Shares to PDMRs

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

1.

Nick Latham

2.

David Dunmow

3.

Piers Latham

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

1.

Chairman

2.

Finance Director

3.

Executive Director

b)

 

Initial notification /Amendment

 

Initial   Notification

3

 

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

 

a)

 

Name

 

James Latham plc

b)

 

LEI

 

2138008M4LVEDHBPBU41

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 25p each

 

 



Identification code

GB00B04NP100



b)

 

Nature of the transaction

 

Issue of Ordinary Shares under the Company SIPS scheme

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




1.

1415.0 p

2.

1415.0 p

3.

1415.0 p

1.

382

2.

382

3.

382







d)

 

Aggregated information




- Aggregated volume

As above



- Price




e)

 

Date of the transaction

 

30 July 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

Issue of Options to PDMRs

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

1.

Nick Latham

2.

David Dunmow

3.

Piers Latham

4.

Andrew Wright

5.

Nick Widlinski

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

1.

Chairman

2.

Finance Director

3.

Executive Director

4.

Managing Director

5.

Associate Director

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

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

 

a)

 

Name

 

 

James Latham plc

b)

 

LEI

 

 

2138008M4LVEDHBPBU41

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 25p each

 

 





Identification code

GB00B04NP100





b)

 

Nature of the transaction

 

 

Grant of options under Company Save As you Earn scheme

c)

 

Price(s) and volume(s)













Price(s)

Volume(s)







1.

987p

2.

987p

3.

987p

4.

987p

5.

987p

1.

1,879

2.

1,879

3.

1,879

4.

939

5.

1,879













d)

 

Aggregated information







- Aggregated volume

As above





- Price







e)

 

Date of the transaction

 

 

29 July 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

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