Business
Grant of Options and PDMR transactions
Grant of Options and PDMR transactions.
About this update from Pebble Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2365O\n Pebble Group PLC (The)\n 06 October 2021\n \n \n \n \n 6 October 2021\n \n \n \n \n \n THE PEBBLE GROUP PLC\n \n \n (the \"Company\")\n \n \n \n \n \n Grant of Options under 2021 Sharesave Plan\nand\nNotification of transactions by PDMRs\n \n \n \n \n \n The Pebble Group plc (AIM: PEBB), a leading provider of technology, services and products to the global promotional products industry\n , announces that on 6 October 2021 the Company granted options to employees under its Sharesave Plan and its sub-plan, the International Sharesave Plan (together the \"Sharesave Plan\"). \n \n \n \n \n \n All employees of the Company and its subsidiaries based in the UK, US and Canada (including executive directors) as at 14 September 2021 (the \"Eligible Employees\") were invited to participate in the Sharesave Plan.\n \n \n Eligible Employees were invited to subscribe for options over the Company's ordinary shares of 1 pence each (\"Shares\") with an exercise price of 122 pence per Share (\"Options\"). This represents a 20% discount to the closing market price of 152.50 pence per Share on 13 September 2021, being the trading day before the invitation for Eligible Employees to participate was made. The Options are exercisable at the end of a three year savings period. \n \n \n A total of 175 elected to participate in the Sharesave Plan representing approx. 46% of total Eligible Employees. Including and pursuant to these elections, options over a total of 937,223 Shares have been granted representing 0.56% of the Company's current issued share capital. This includes the following Persons Discharging Managerial Responsibilities (\"PDMR\") who have elected to participate in the Sharesave Plan and are included in the total figures above:\n \n \n \n \n \n \n PDMR\n \n \n \n \n Number of shares under Option \n \n \n \n \n \n \n Christopher Lee\n \n \n \n 14,754\n \n \n \n \n \n Claire Thomson\n \n \n \n 14,754\n \n \n \n \n \n Louisa Hesketh\n \n \n \n 14,754\n \n \n \n \n \n Ashley McCune\n \n \n \n 12,778\n \n \n \n \n \n Karl Whiteside\n \n \n \n 5,324\n \n \n \n \n \n \n \n Following the Sharesave Plan grants to Eligible Employees including PDMRs, the Company will have total options outstanding over 3,058,686 Shares, representing 1.83% of...