1 |
Details of PDMR / PCA |
a) |
Name |
Neil Smith |
2 |
Reason for the notification |
a) |
Position/status |
Executive Director - Finance Director |
b) |
Initial notification /Amendment |
Initial Notifaction |
3 |
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 |
Option over Ordinary Shares of 10 pence each in respect of Gateley (Holdings) Plc Equity Settled Stock Appreciation Rights Scheme (SARS) - |
b) |
Nature of the transaction |
This Option is granted, governed and exercisable subject to and in accordance with the rules of the Gateley (Holdings) PLC Equity SARS and exercisable on third anniversary of the date of grant |
c) |
Price(s) and volume(s) |
Hurdle Price(s) |
Volume(s) |
£1. 3879924 |
150,000 |
Shares will be issued equal to the value of the gain above the hurdle price multiplied by the volume, as shown above. |
d) |
Aggregated information - Aggregated volume - Price |
150,000 To be determined |
e) |
Date of the transaction |
7 October 2016 |
f) |
Place of the transaction |
London Stock Exchange |