Business
Director / PDMR - amendment to share options
Director / PDMR - amendment to share options.
About this update from Lpa Group Plc
[{"type":"text","content":"\n \nRNS Number : 5150I LPA Group PLC 19 June 2017 \n\nLPA GROUP PLC\n(\"LPA\" or the \"Group\")\n \nDirector / PDMR shareholding - amendment to share options\n \nLPA Group plc announces that on 19 June 2017 its board of directors resolved that those share options held by PDMRs which were due to lapse on 30 July 2017 would be amended with effect from that date. \n \nThe amendment will have the effect that the options set out in the table below will not lapse on 30 July 2017, but will instead lapse on 7 February 2022, unless they lapse at an earlier date in accordance with the Rules of the LPA Group plc Employee Share Option Scheme 2007.\n \nNo other changes have been made to the terms of these options.\n \n\n\n\n\n \nOption Holder\n\n\n \nDate of Grant\n\n\n \nNumber of Shares\n\n\n \nOption Price\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPeter Pollock\n\n\n31 July 2007 \n\n\n540,000\n\n\n36 pence\n\n\n\n\nStephen Brett\n\n\n31 July 2007 \n\n\n231,500\n\n\n36 pence\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nThe amendments to the PDMR options constitute related party transactions as defined in AIM Rule 13. The directors (other than Peter Pollock and Stephen Brett who are interested in the transactions) consider, having consulted with Cairn Financial Advisers LLP, the Company's Nominated Adviser, that the terms of the transaction are fair and reasonable insofar as the Company's shareholders are concerned.\n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \n \nENQUIRIES:\n \n\n\n\n\nLPA Group plc\n\n\n\n\n\n\n\nPeter Pollock, Chief Executive\n\n\nTel: 07881 626123 or 01799 512844\n\n\n\n\nSteve Brett, Finance Director\n\n\nTel: 07881 626127 or 01799 512860\n\n\n\n\n\n\n\n\n\n\n\n\nCairn Financial (Nominated Adviser)\n\n\nTel: 020 7213 0880\n\n\n\n\nJames Caithie / Tony Rawlinson\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWH Ireland (Broker)\n\n\nTel: 0113 394 6600\n\n\n\n\nTim Feather / Ed Allsopp\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DSHMMGMVKLNGNZM\n ","length":6598,"tagName":"div"}]