WEY EDUC 11 May 2018
WEY EDUCATION PLC
('Wey Education or the 'Company')
PDMR - Issue of Options
Issue of Options
In accordance with his employment contract the Company has granted an unapproved share option to Mr Barry Nichols-Grey, Company Secretary over 1,500,000 Ordinary shares in the share capital of the Company at an option price of 16.7 pence per share representing the closing middle market price on 9 May 2018 being the last business day before the grant. The option is subject to various performance conditions and save in the event of a change of control of the Company, cannot be exercised before 7 May 2021.
Enquiries:
Wey Education Plc | ||
David Massie (Executive Chairman) | Tel: +44 (0) 207 518 9700 | |
+44 (0) 778 595 7958 | ||
WH Ireland Limited | ||
Mike Coe/Ed Allsopp (Corporate Finance) | Tel: +44 (0) 117 945 3470 | |
The below notification made 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 | Barry Nichols-Grey | ||||
2 | Reason for the notification | |||||
a) | Position/status | Company Secretary | ||||
b) | Initial notification /Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Wey Education plc | ||||
b) | LEI | 2138009M9659SXKA3I32 | ||||
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 | Options over Ordinary shares of 1p each n/a | ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | 1,500,000 £250,500 | ||||
e) | Date of the transaction | 10 May 2018 | ||||
f) | Place of the transaction | London | ||||
Attachments
- Original document
- Permalink
Disclaimer
Wey Education plc published this content on 11 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 May 2018 06:12:06 UTC
