Manx Telecom PLC Vesting of LTIP awards (0557Y)
03 Mai 2019 - 12:48PM
UK Regulatory
TIDMMANX
RNS Number : 0557Y
Manx Telecom PLC
03 May 2019
3 May 2019
Manx Telecom PLC
Vesting of LTIP awards
Manx Telecom plc (the "Company") announces that it has issued
778,012 new ordinary shares of 0.2p each in the Company ("New
Ordinary Shares"). The New Ordinary Shares have been allotted
pursuant to vesting of awards under the Manx Long Term Incentive
Plan and the exercise of options under the Manx SAYE Scheme and
Manx Shadow SAYE Scheme.
Scheme New Ordinary Shares
Manx SAYE Scheme 2016 258,876
--------------------
Manx SAYE Scheme 2018 212,294
--------------------
Manx Shadow SAYE Scheme 2016 2,668
--------------------
Manx Shadow SAYE Scheme 2018 3,939
--------------------
Manx Long Term Incentive Plan 300,235
--------------------
Total 778,012
--------------------
Application has been made to the London Stock Exchange for the
New Ordinary Shares to be admitted to trading on AIM ("Admission").
It is expected that Admission will occur at 8:00 a.m. on 7 May
2019. The Ordinary Shares will rank pari passu with the existing
ordinary shares in the Company.
Following Admission, the Company's enlarged issued share capital
and total number of voting rights will be 115,872,475 Ordinary
Shares.
Capitalised terms in this announcement, unless otherwise
defined, have the meaning given to them in the Scheme Document
posted to shareholders on 29 March 2019.
The below notification is made in accordance with the
requirements of the EU Market Abuse Regulation.
1. Details of PDMR / person closely associated with them
('PCA')
=== ===================================================================
a) Name Mr Gary Edward Lamb
=== =========================== ======================================
b) Position / status Chief Executive Officer
=== =========================== ======================================
c) Initial notification Initial Notification
/ amendment
=== =========================== ======================================
2. Details of the issuer
=== ===================================================================
a) Name Manx Telecom plc
=== =========================== ======================================
b) LEI 213800I23N5C6YOJ9888
=== =========================== ======================================
3. 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 Ordinary Shares of 0.2p
the financial
instrument
=== =========================== ======================================
b) Nature of the Exercise of share options
transaction
=== =========================== ======================================
c) Price(s) and
volume(s)
=== =========================== ======================================
d) Aggregated information
Aggregated volume 183,763 Ordinary Shares of 0.2p
Price Nil consideration
=== =========================== ======================================
e) Date of the transaction 3 May 2019
=== =========================== ======================================
f) Place of the Outside a trading venue
transaction
=========================== ======================================
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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