Nanoco Group (LON:NANO)

Nanoco Group (LON:NANO)


Share Price
36.00 p
Change
-0.45 (-1.23 %)
Market Cap
£1.03 m
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Nanoco Group RNS Release

Director/PDMR Shareholding


RNS Number : 6941W
Nanoco Group PLC
18 April 2019
 

18 April 2019

NANOCO GROUP PLC

("Nanoco" or the "Company")

 

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PDMRs

In accordance with the rules of the Company's 2016 deferred bonus plan, Michael Edelman, CEO of the Company, has exercised 108,181 options over ordinary shares of 10p each in the Company ("Ordinary Shares"), granted in November 2016. In order to cover the associated tax liabilities generated by the exercise of these options, 45,797 of these Ordinary Shares have been sold.

The value of the award and the performance targets achieved that resulted in the award were fully disclosed in the Annual Report and Accounts for the year ended 31 July 2016.

Notification of Dealing Form

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

MICHAEL EDELMAN

2.

Reason for the notification

a)

Position /status

CHIEF EXECUTIVE OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

213800HOSJEZO1KOCV33

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)

Type of instrument:
Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

Exercise of options over ordinary shares of 10p each in the Company

c)

Price(s) and volume(s)

Price (s)

Volume (s)

Nil cost

 

108,181

d)

Aggregated information:

Aggregated Price

Aggregated Volume

Aggregated Total

N/A

N/A

N/A

e)

Date of the transaction

18 April 2019

f)

Place of the transaction

LONDON STOCK EXCHANGE

 

1.

Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

MICHAEL EDELMAN

2.

Reason for the notification

a)

Position /status

CHIEF EXECUTIVE OFFICER

b)

Initial notification / amendment

INITIAL NOTIFICATION

3.

Details of the Issuer

a)

Name

NANOCO GROUP PLC

b)

LEI code

213800HOSJEZO1KOCV33

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)

Type of instrument:
Identification code

ORDINARY SHARES OF 1O PENCE EACH

ISIN: GB00B01JLR99

b)

Nature of the transaction

Sale of ordinary shares of 10p each in the Company ("Ordinary Shares") to cover associated tax liabilities in connection with the exercise of options over Ordinary Shares

c)

Price(s) and volume(s)

Price (s)

Volume (s)

53.5p

 

45,797

d)

Aggregated information:

Aggregated Price

Aggregated Volume

Aggregated Total

N/A

N/A

N/A

e)

Date of the transaction

18 April 2019

f)

Place of the transaction

LONDON STOCK EXCHANGE

 


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.
 
END
 
 
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Nanoco Group Timeline

Article
November 02 2009

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