Business
Director / PDMR dealings / Additional Listing
Director / PDMR dealings / Additional Listing.
About this update from Gear4music (holdings) Plc
[{"type":"text","content":"\n \nRNS Number : 2284Q Gear4music (Holdings) PLC 04 June 2018 \n\n\n\n\n\nFor immediate release\n\n\n4 June 2018\n\n\n\n\n \n \n \nGear4music (Holdings) plc\n \nDirector / PDMR dealings / Additional Listing\n \nGear4music (Holdings) plc (\"Gear4music\" or the \"Company\"), the largest UK based retailer of musical instruments and music equipment, announces that, following option exercises under the Company's EMI Schemes on or before 3 June 2018, 78,207 new ordinary shares of 10p each ('Ordinary Shares') will be issued and allotted. \n \nDirector/PDMR dealings\n \nGareth Bevan (Chief Commercial Officer) and Chris Scott (Chief Financial Officer) will, following the exercise of options as part of the above arrangements, each be issued and allotted 9,978 Ordinary Shares, with their resultant respective interests in the Company's enlarged issued share capital as below: \n \n\n\n\n\nDirector/PDMR\n\n\nExisting number of Ordinary Shares held\n\n\nOrdinary Shares issued following option exercise \n\n\nResultant number of Ordinary Shares held\n\n\nPercentage interest in the Company's enlarged issued share capital\n\n\n\n\nGareth Bevan\n\n\n100,382\n\n\n9,978\n\n\n110,360\n\n\n0.5%\n\n\n\n\nChris Scott\n\n\n90,462\n\n\n9,978\n\n\n100,440\n\n\n0.5%\n\n\n\n\n \nUnder the Company's Director Cash Plan, Andrew Wass (Chief Executive Officer) has exercised his entitlement to an award of £72,041, to be settled in cash.\n \nAdmission to trading\n \nApplication will be made for admission to trading of 78,207 new Ordinary Shares on the AIM Market of London Stock Exchange plc (\"Admission\"). It is expected that Admission will take place at 8:00 a.m. on or around 8 June 2018 and that dealings in the new Ordinary Shares on AIM will commence at the same time.\n \nThe new Ordinary Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares in the capital of the Company, including the right to receive all dividends or other distributions made, paid or declared in respect of such shares after the date of issue of the new Ordinary Shares.\n \nTotal voting rights\n \nGear4music's enlarged issued ordinary share capital immediately following Admission will be 20,945,328 Ordinary Shares with voting rights atta...