LATHAM (JAMES) PLC

Director's Dealing • Dec 13, 2021

National Storage Mechanism | Additional information

RNS Number : 4919V

Latham(James) PLC

13 December 2021

James Latham plc

("James Latham" or "the Company")

PDMR Dealings and Grant of Options

The Company announces that, on 10 December 2021, the Trustees of the Company's CSOP scheme issued 586 shares to Andrew Wright under the 2015 CSOP scheme at a price of 682.5p per share, and 636 shares to each of Nick Latham, David Dunmow, Andrew Wright and Piers Latham under the 2016 CSOP scheme at a price of 707.5p per share. The resulting shareholdings are shown in the table below.

The Company also announces that on 10 December 2021 it transferred 50,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares") out of Treasury and into the James Latham Employee Benefit Trust in order to meet the requirements of Employee Share Schemes. Ordinary Shares held in Treasury now total 209,200 and the total number of voting rights that should be used by shareholders is 19,950,800.

The above figure of 19,950,800 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

PDMR	CSOP	Resultant Shareholding	Resultant Total Voting Rights
Nick Latham	636	641,428	3.22%
David Dunmow	636	139,540	0.70%
Piers Latham	636	638,387	3.20%
Andrew Wright	1,222	29,581	0.15%

The Company also announces that, on 10 December 2021, Trustees of the Company's CSOP scheme granted 13,516 options at a price of 1260p per share. The options can be exercised between 11 December 2026 and 10 December 2031. Included in this are the following options allocated to PDMRs:

PDMR	Options Granted
Nick Latham	357
David Dunmow	357
Piers Latham	357
Andrew Wright	357

For further information please visit www.lathamtimber.co.uk, or contact:

James Latham plc	Tel: 01442 849 100
Nick Latham, Chairman
David Dunmow, Finance Director
SP Angel Corporate Finance LLP
Matthew Johnson / Charlie Bouverat (Corporate Finance)	Tel: 0203 470 0470
Rob Rees (Corporate Broking)

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Grant of options:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.	Nick Latham
2.	David Dunmow
3.	Piers Latham
4.	Andrew Wright

2

Reason for the notification

a)

Position/status

1.	Chairman
2.	Finance Director
3.	Executive Director
4.	Managing Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

James Latham plc

b)

LEI

2138008M4LVEDHBPBU41

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

Ordinary shares of 25p each

Identification code

GB00B04NP100

b)

Nature of the transaction

Issue of shares under Company CSOP scheme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.	707.5p
2.	707.5p
3.	707.5p
4.	682.5p

1.	636
2.	636
3.	636
4.	586

d)

Aggregated information

- Aggregated volume

As above

- Price

e)

Date of the transaction

10 December 2021

f)

Place of the transaction

Outside of a trading venue

Issue of options:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.	Nick Latham
2.	David Dunmow
3.	Piers Latham
4.	Andrew Wright

2

Reason for the notification

a)

Position/status

1.	Chairman
2.	Finance Director
3.	Executive Director
4.	Managing Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

James Latham plc

b)

LEI

2138008M4LVEDHBPBU41

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

Ordinary shares of 25p each

Identification code

GB00B04NP100

b)

Nature of the transaction

Grant of options under Company CSOP scheme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.	1260.0 p
2.	1260.0 p
3.	1260.0 p
4.	1260.0 p

1.	357
2.	357
3.	357
4.	357

d)

Aggregated information

- Aggregated volume

As above

- Price

e)

Date of the transaction

10 December 2021

f)

Place of the transaction

Outside a trading venue

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