TITON HOLDINGS PLC

Director's Dealing • Jul 23, 2021

National Storage Mechanism | Additional information

RNS Number : 3014G

Titon Holdings PLC

23 July 2021

23 July 2021

Titon Holdings Plc

Grant of options and Director/PDMR Shareholding

Titon Holdings Plc (the "Company") announces that it has granted options to employees and Directors over a total of 260,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares"). The options, which have been granted under the EMI Share Option Plan 2021 approved by shareholders at the Group's most recent AGM, are subject to a performance condition as described in the Company's 2020 annual report and accounts, are expected to vest three years after the date of grant, will be exercisable for a period of seven years from vesting and each have an exercise price of 138.5 pence.

As part of this grant of options, Matthew Norris, CEO and a Board Director of the Company, and Carolyn Isom, Company Secretary, were granted 150,000 options and 50,000 options respectively.

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail. 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them.

1  

Details of the person discharging managerial responsibilities / person closely associated  

a) 

Name 

Matthew Norris

2  

Reason for the notification  

a) 

Position/status 

CEO

b) 

Initial notification /Amendment 

Initial Notification

3  

Details of the issuer, emission allowance market participant, auction platform,

auctioneer or auction monitor  

a) 

Name 

Titon Holdings plc

b) 

LEI 

213800ZHXS8G27RM1D97

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 

Identification code 

Options over ordinary shares of 10 pence each in Titon Holdings Plc

Ordinary Share ISIN: GB0008941402

b) 

Nature of the transaction 

Grant of options over ordinary shares

c) 

Price(s) and volume(s) 

Price(s)	Volume(s)
Nil	150,000 options

d) 

Aggregated information 

- Aggregated volume 

- Price 

150,000 options

Nil cost of grant

e) 

Date of the transaction 

15 July 2021

f)  

Place of the transaction

Outside of a trading venue

1  

Details of the person discharging managerial responsibilities / person closely associated  

a) 

Name 

Carolyn Isom

2  

Reason for the notification  

a) 

Position/status 

Company Secretary

b) 

Initial notification /Amendment 

Initial Notification

3  

Details of the issuer, emission allowance market participant, auction platform,

auctioneer or auction monitor  

a) 

Name 

Titon Holdings plc

b) 

LEI

213800ZHXS8G27RM1D97

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 

Identification code 

Options over ordinary shares of 10 pence each in Titon Holdings Plc

Ordinary Share ISIN: GB0008941402

b) 

Nature of the transaction 

Grant of options over ordinary shares

c) 

Price(s) and volume(s) 

Price(s)	Volume(s)
Nil	50,000 options

d) 

Aggregated information 

- Aggregated volume 

- Price 

50,000 options

Nil cost of grant

e) 

Date of the transaction 

15 July 2021

f)  

Place of the transaction 

Outside of a trading venue

For further information please contact: 

Titon Holdings plc Keith Ritchie	Tel: +44 (0)7748 146834
Shore Capital - Nominated Adviser and Broker Edward Mansfield  Daniel Bush	Tel: +44 (0)20 7408 4090

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