City Pub Group PLC (The) Grant of Options (1783P)
16 Febbraio 2021 - 8:00AM
UK Regulatory
TIDMCPC
RNS Number : 1783P
City Pub Group PLC (The)
16 February 2021
16 February 2021
The City Pub Group plc
("The City Pub Group" or the "Company")
Grant of Options
The City Pub Group plc announces that on 15 February 2021 the
Company granted an award (in the form of nominal cost options) over
1,000,000 ordinary shares of 1p each ("Ordinary Shares") to Toby
Smith, who joined the Company as Chief Operating Officer on 10
November 2020 (the "Options").
The Options have been granted under the Company's Long Term
Incentive Plan, are exercisable in 2024 following release of the
Company's audited accounts for the year ended 31 December 2023, are
subject to performance conditions relating to the Company's EBITDA
profitability (pre-IFRS 16) and have a 10 year term.
The Company also announces that on 15 February 2021 it granted
additional new options to Toby Smith over 25,000 Ordinary Shares
under The Company's Share Option Plan (the "CSOPs"). The CSOPs have
an exercise price of GBP1.20, will vest after 3 years and have a 10
year term.
The information set out below is provided in accordance with the
requirements of Article 19 of the Market Abuse Regulation
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name Toby Smith
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2. Reason for the Notification
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a) Position/status Chief Operating Officer
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b) Initial notification/ Amendment Initial notification
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3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
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a) Name The City Pub Group plc
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b) LEI 213800OHELCFJ6GLZC03
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4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
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a) Description of the Financial instrument, type of instrument Options over Ordinary Shares of 1p each
Identification code GB00BYWRS683
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b) Nature of the transaction Grant of Options
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c) Price(s) and volume(s) Price Volume
------------------------------------------------------------- ------------------------------ -----------
Nil 1,000,000
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Exercise price of GBP1.20 25,000
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d) Aggregated information:
* Aggregated volume 1,025,000
n/a
* Price
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e) Date of the transaction 15 February 2021
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f) Place of the transaction Outside a trading venue
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Enquiries:
The City Pub Group Tel: +44 20 7559
Clive Watson, Chairman 5106
Tarquin Williams, CFO
Liberum (Nomad & Broker) Tel: +44 20 3100
Chris Clarke / Edward Thomas / Clayton Bush 2000
Instinctif Partners Tel: +44 20 7457
Matthew Smallwood / Jack Devoy 2020
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END
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(END) Dow Jones Newswires
February 16, 2021 02:00 ET (07:00 GMT)
Grafico Azioni City Pub (LSE:CPC)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni City Pub (LSE:CPC)
Storico
Da Apr 2023 a Apr 2024
