PDMR Dealings & Issue of Options
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 |
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David Dunmow, Finance Director |
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SP Angel Corporate Finance LLP |
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Matthew Johnson / Charlie Bouverat (Corporate Finance) | Tel: 0203 470 0470 |
Abigail Wayne / Rob Rees (Corporate Broking) |
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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
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a)
| Name
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2
| Reason for the notification
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a)
| Position/status
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b)
| Initial notification /Amendment
| Initial Notification | ||||||||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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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
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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) | |||||||||||||||
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| |||||||||||||||
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
|
| ||||||||||||||||||||||
2
| Reason for the notification
| |||||||||||||||||||||||
a)
| Position/status
|
| ||||||||||||||||||||||
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) | |||||||||||||||||||||||
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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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