Grant of SAYE Options
CEO designate granted 5,361 SAYE options at 581 pence per share, vesting June 2030.
- SAYE options granted to CEO designate 5,361
- Grant price per share 581 pence
- Vesting date 1 June 2030
- Total LTSP and SAYE options in issue 871,918
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Porvair plc ("Porvair", the "Group" or the "Company"), the specialist filtration and environmental technologies group, announces that on 24 March 2025 it granted options under the Group's Save As You Earn scheme ("SAYE") including to Hooman Caman Javvi.
Grant of SAYE options
Options under the SAYE were granted to PDMRs as follows:
| Director | Position | Options awarded under the SAYE scheme | Grant date | Vesting date | Minimum holding period | Total options held, including SAYE options |
|---|---|---|---|---|---|---|
| Hooman Caman Javvi | CEO designate | 5,361 | 24 March 2025 | 1 June 2030 | None | 128,641 |
These options were granted at 581 pence per share and have no performance conditions.
Following this grant the total number of LTSP and SAYE options in issue is 871,918, representing approximately 1.9% of the shares in issue.
- Name Hooman Caman Javvi
- Reason for the notification
- Position/status CEO designate
- Initial notification /Amendment Initial notification
- Name Porvair plc
- LEI 213800ECKHS8LAQO3C45
- Description of the Financial instrument, type of instrument Identification code Options over Ordinary Shares of 2 pence under the Porvair plc Save As You Earn Scheme GB0006963689
- Nature of the transaction Grant of options
- Price(s) and volume(s) Price(s) Volume(s) N/A 5,361
- Aggregated information · Aggregated volume · Price As above
- Place of the transaction Outside a trading venue
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.