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RNS Number : 0347J Latham(James) PLC 02 April 2024
James Latham plc
("James Latham" or "the Company")
Grant & Exercise of Options
The Board of James Latham announces that, on 2 April 2024, it granted options
over 3,104 ordinary shares of 25p each in the Company to Andrew Wright
(Managing Director) under the Company's Deferred Bonus Scheme 2012, to be
exercised for nil consideration in three years' time. No performance
conditions are attached to this award.
In addition, the Trustees of the Company's Deferred Bonus Scheme 2012 has
issued 3,474 ordinary shares of 25p each in the Company to Andrew Wright
following the exercise of the options under the Company's Deferred Bonus
Scheme 2012 issued on 1 April 2021. Mr Wright's resultant shareholding is
36,538 shares or 0.18% of the issued share capital of the Company.
For further information please visit www.lathamtimber.co.uk
(http://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
Rob Rees (Corporate Broking)
The information below, set out in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name 1. Andrew Wright
2 Reason for the notification
a) Position/status 1. Managing 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 over Ordinary Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 1. 3,104
d) Aggregated information
- Aggregated volume As above
- Price
e) Date of the transaction 02 April 2024
f) Place of the transaction Outside a trading venue
2
Reason for the notification
a)
Position/status
1. Managing 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 over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. Nil
1. 3,104
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
02 April 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name 1. Andrew Wright
2 Reason for the notification
a) Position/status 1. Managing 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 Exercise of options over Ordinary Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 1. 3,474
d) Aggregated information
- Aggregated volume As above
- Price
e) Date of the transaction 02 April 2024
f) Place of the transaction Outside a trading venue
2
Reason for the notification
a)
Position/status
1. Managing 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
Exercise of options over Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1. Nil
1. 3,474
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
02 April 2024
f)
Place of the transaction
Outside a trading venue
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