Existing Option Surrender & Director/PDMR Dealings
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| | 31 January 2025 |
Fletcher King plc
("Fletcher King" or the "Company")
Surrender of Existing Options and Director/PDMR Dealings
The Board of Fletcher King PLC (AIM: FLK) announces that certain Directors, a PDMR and employees of the Company have surrendered, in aggregate, 920,000 options over new Ordinary Shares which were granted on 5 October 2021 ("Option Surrender") for nil consideration.
As at the date of this announcement and following the Option Surrender, there is a total of 920,000 options over new Ordinary Shares in the Company, representing approximately 9% of the Company's existing issued share capital.
| Reason for notification | Initial Notification |
| Position/Status | a) Executive Director b) Managing Director c) Finance Director d) PDMR (Director of subsidiary company) |
| Initial notification/ Amendment | Initial |
| Name | Fletcher King plc |
| LEI | 21380047ETCYL7UA8W49 |
| Description of the financial instrument, type of instrument Identification Code | Options over ordinary shares of 10p each GB0003425310 |
| Nature of the transaction | Surrender of Options to subscribe for ordinary shares |
| Price(s) and volume(s) | |
| Price(s) | Volume(s) |
| a) Nil b) Nil c) Nil d) Nil | a) 250,000 b) 250,000 c) 200,000 d) 100,000 |
| Aggregated information - Aggregated Volume - Price | 800,000 Nil |
| Date of the transaction | 29 January 2025 |
| Place of the transaction | UK |
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