Business
Employee SAYE scheme and PDMR shareholding
Employee SAYE scheme and PDMR shareholding.
About this update from Amigo Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6523B\n Amigo Holdings PLC\n 09 October 2020\n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n \n \n FOR IMMEDIATE RELEASE\n \n \n 9 October 2020 Amigo Holdings PLC (\"Amigo\" or the \"Company\") \n \n \n Employee SAYE scheme and PDMR shareholding \n \n \n Amigo Holdings PLC (LSE: AMGO), the leading provider of guarantor loans in the UK, announces that today it granted share option awards to PDMR and eligible employees of the Company under the Company's HMRC approved Save as You Earn scheme (\"SAYE\"). \n \n \n The SAYE 2020 plan (\"2020 Plan\") was open to all eligible employees of the Company, as defined in the rules of the SAYE. Certain employees of the Company elected to participate in the 2020 Plan, resulting in them today being granted options to subscribe for, in aggregate, 5,496,845 ordinary shares of 0.25 pence each in the capital of the Company (\"SAYE 2020 Options\"). The SAYE 2020 Options have an exercise price, calculated in accordance with the rules of the SAYE, of £0.097 per share.\n \n \n The total SAYE 2020 Options granted to PDMR are for, in aggregate, 371,134 shares, split equally between Nick Beal and Naynesh Patel. In order to participate in the 2020 Plan, both of the PDMR who have been granted SAYE 2020 Options closed their SAYE 2019 plan.\n \n \n The Company was also notified on 8 October 2020 by Naynesh Patel, of the sale of 1,423,438 Ordinary Shares at an average cost of £0.0903 per Ordinary Share. Mr Patel sold Ordinary Shares, representing 0.30% of the Ordinary Shares of the Company, for settlement of a personal Tax liability. \n \n \n The below information and notifications are made in accordance with the EU Market Abuse Regulation. \n \n \n NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM\n \n \n \n \n \n \n \n \n \n \n \n \n Details of Persons Discharging Managerial Responsibilities \"PDMR\" / person closely associated with them ('PCA')\n \n \n \n \n a)\n \n \n Name\n \n \n Nicholas Beal\n \n \n \n \n 2.\n \n \n Reason for notification\n \n \n \n \n b)\n \n \n Position / status\n \n \n Chief Regulatory &a...