Business
Exercise of Options and Total Voting Rights
Exercise of Options and Total Voting Rights.
About this update from Mears Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8846E\n Mears Group PLC\n 10 November 2020\n \n \n \n \n 10 November 2020\n \n \n \n \n \n Mears Group plc\n \n \n (\"Mears\" or the \"Company\") \n \n \n \n \n \n Director/PDMR Shareholding\n \n \n Total Voting Rights\n \n \n \n \n \n The Company was notified on 9 November 2020 of the following exercises over ordinary shares of 1 penny each in the Company (\"Ordinary Shares\") pursuant to the Management Incentive Plan.\n \n \n \n \n \n \n \n \n Name\n \n \n \n \n Position\n \n \n \n \n No. of options exercised\n \n \n \n \n No. of Ordinary Shares held following exercise\n \n \n \n \n % holding of share capital\n \n \n \n \n \n \n David Miles\n \n \n \n \n CEO\n \n \n \n \n 161,749\n \n \n \n \n 336,769\n \n \n \n \n 0.30%\n \n \n \n \n \n \n Andrew Smith\n \n \n \n \n CFO\n \n \n \n \n 69,333\n \n \n \n \n 199,333\n \n \n \n \n 0.18%\n \n \n \n \n \n \n Alan Long\n \n \n \n \n Director\n \n \n \n \n 56,727\n \n \n \n \n 92,957\n \n \n \n \n 0.08%\n \n \n \n \n \n \n \n \n The Directors are retaining all the shares to be issued as a result of the exercise, and are meeting the income tax liability arising from the exercise out of their own resources. \n \n \n \n \n \n Total Voting Rights\n \n \n \n \n \n Following the transactions set out above, the Company's issued share capital consists of 110,836,888 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in Treasury.\n \n \n \n \n \n Therefore, the total number of Ordinary Shares in the Company with voting rights is 110,836,888. The figure of 110,836,888 Ordinary Shares 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 to their interest in, the share capital of the Company under the FCA's Disclosure, Guidance and Transparency Rules.\n \n \n \n \n \n \n \n \n The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:\n \n \n \n \n \n \n \n \n 1 \n \n \n \n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated \n \n \n \n \n \n \n a)\n \n \n \n \n Name\n \n \n \n \n David Miles\n \n \n \n \n \n \n 2 \n ...