leadf
logo-loader
RNS
viewAugean

Augean Plc - Exercise of options, PDMR dealing and TVR

RNS Number : 6170H
Augean Plc
04 December 2020
 

4 December 2020

Augean plc ("Augean" or the "Company")

Exercise of options, PDMR dealing and total voting rights

Augean, one of the UK's leading specialist waste management businesses, announces that on 3 December 2020, Simon Gibb, Managing Director of Augean North Sea Services, exercised 132,287 options over ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares"), 82,287 of which he was awarded on 23 September 2014, and 50,000 of which he was awarded on 31 October 2016 under the Company's 2014 Long Term Incentive Plan. The Company therefore will issue and allot 132,287 new Ordinary Shares, all of which have been sold by Mr Gibb on 3 December 2020.

Application has been made to the London Stock Exchange for 132,287 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective at 8.00 a.m. on 9 December 2020.

Following Admission, the total number of Ordinary Shares in issue will be 104,693,201 and the total number of voting rights will therefore be 104,693,201. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

-  Ends -

 

Enquiries:

 

Augean plc

Jim Meredith, Executive Chairman

Mark Fryer, Group Finance Director

 

01937 844 980

N+1 Singer

Peter Steel

Jen Boorer

020 7496 3000



Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 

Simon Gibb

 

2

 

Reason for the notification

 

 

a)

 

Position/status

 

 

Managing Director of Augean North Sea Services, PDMR

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

 

3

 

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

 

 

a)

 

Name

 

 

Augean plc

 

b)

 

LEI

 

 

213800FX9OGD148QCP81

 

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 10 pence each

 

 

GB00B02H2F76

 

b)

 

Nature of the transaction

 

 

1.   Exercise of options

2.   Sale of shares

 

c)

 

Price(s) and volume(s)

 

 

 

1.   Exercise of options

2.   Sale of shares

 

Price(s)

 

Volume(s)

1.   10p

2.   197.5p

132,287

132,287

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

In respect of 1 and 2 in 4(c): N/A - single transactions

 

e)

 

Date of the transaction

 

 

1.   Exercise of options: 3 December 2020

2.   Sale of shares: 3 December 2020

 

f)

 

Place of the transaction

 

 

1.   Outside a trading venue;

2.   London Stock Exchange, AIM Market (XLON)

 

 

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCUSRARRAUURAA

Quick facts: Augean

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

5 min read