Grant & Exercise of Options
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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.
| 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 |
| a) | Name | James Latham plc |
| b) | LEI | 2138008M4LVEDHBPBU41 |
| 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 |
| a) | Name | James Latham plc |
| b) | LEI | 2138008M4LVEDHBPBU41 |
| 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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