TIDMLTHM

RNS Number : 1638J

Latham(James) PLC

18 December 2020

James Latham plc

("James Latham" or "the Company")

Grant of Options and PDMR Dealings

The Company announces that, on 18 December 2020, the Trustees of the Company's CSOP scheme issued 707 shares to Andrew Wright under the 2014 CSOP scheme at a price of 565p per share, and 586 shares to each of Nick Latham, David Dunmow and Piers Latham under the 2015 CSOP scheme at a price of 682.5p per share. The resulting shareholdings are shown in the table below.

 
 PDMR             CSOP   Resultant Shareholding   Resultant Total 
                                                   Voting 
 Nick Latham      586           639,788           3.21% 
                 -----  -----------------------  ---------------- 
 David Dunmow     586           137,969           0.69% 
                 -----  -----------------------  ---------------- 
 Piers Latham     586           636,819           3.20% 
                 -----  -----------------------  ---------------- 
 Andrew Wright    707            31,842           0.16% 
                 -----  -----------------------  ---------------- 
 

The Company also announces that on 16 December 2020, Trustees of the Company's CSOP scheme have granted 17,226 options at a price of 925p per share. The options can be exercised between 17 December 2025 and 16 December 2030. Included in this are the following options allocated to PDMRs:

 
 PDMR             Options granted 
 Nick Latham      486 
                 ---------------- 
 David Dunmow     486 
                 ---------------- 
 Piers Latham     486 
                 ---------------- 
 Andrew Wright    486 
                 ---------------- 
 

For further information please visit www.lathams.co.uk or contact:

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.

 
 James Latham plc                                Tel: 01442 849 100 
 Nick Latham, Chairman 
 David Dunmow, Finance Director 
 
 SP Angel Corporate Finance LLP 
 Matthew Johnson / Charlie Bouverat (Corporate   Tel: 0203 470 0470 
  Finance) 
 Abigail Wayne (Corporate Broking) 
 

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Grant of options:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                      1.   Nick Latham 
                                 2.   David Dunmow 
                                     -------------- 
                                 3.   Piers Latham 
                                     -------------- 
                                 4.   Andrew Wright 
                                     -------------- 
     ------------------------  ------------------------------------ 
 2    Reason for the notification 
     -------------------------------------------------------------- 
 a)   Position/status           1.   Chairman 
                                 2.   Finance Director 
                                     ------------------- 
                                 3.   Executive Director 
                                     ------------------- 
                                 4.   Managing Director 
                                     ------------------- 
     ------------------------  ------------------------------------ 
 b)   Initial notification      Initial Notification 
       /Amendment 
     ------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
     -------------------------------------------------------------- 
 a)   Name                      James Latham plc 
     ------------------------  ------------------------------------ 
 b)   LEI                       2138008M4LVEDHBPBU41 
     ------------------------  ------------------------------------ 
 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 
     -------------------------------------------------------------- 
 a)   Description               Ordinary shares of 25p each 
       of the financial 
       instrument, 
       type of instrument 
 
      Identification            GB00B04NP100 
       code 
 
 b)   Nature of                 Issue of shares under Company 
       the transaction           CSOP scheme 
     ------------------------  ------------------------------------ 
 c)   Price(s) and 
       volume(s) 
                                 ------------------  ------------ 
                                  Price(s)            Volume(s) 
                                 ------------------  ------------ 
                                  1.   682.5p          1.   586 
                                   2.   682.5p          2.   586 
                                       -------              ---- 
                                   3.   682.5p          3.   586 
                                       -------              ---- 
                                   4.   565.0p          4.   707 
                                       -------              ---- 
                                 ------------------  ------------ 
 
 
 d)   Aggregated 
       information 
 
      - Aggregated              As above 
       volume 
 
      - Price 
 
 e)   Date of the               18 December 2020 
       transaction 
     ------------------------  ------------------------------------ 
 f)   Place of the              Outside of a trading venue 
       transaction 
     ------------------------  ------------------------------------ 
 

Issue of options:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                        1.   Nick Latham 
                                   2.   David Dunmow 
                                   3.   Piers Latham 
                                   4.   Andrew Wright 
     --------------------------  ------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status             1.   Chairman 
                                   2.   Finance Director 
                                   3.   Executive Director 
                                   4.   Managing Director 
     --------------------------  ------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                        James Latham plc 
     --------------------------  ------------------------------------- 
 b)   LEI                         2138008M4LVEDHBPBU41 
     --------------------------  ------------------------------------- 
 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 
     ----------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 25p each 
       financial instrument, 
       type of instrument 
 
      Identification code         GB00B04NP100 
 
 b)   Nature of the transaction   Grant of options under Company 
                                   CSOP scheme 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s) 
                                      ---------------  ----------- 
                                       Price(s)         Volume(s) 
                                      ---------------  ----------- 
                                       1.   925.0 p      1.   486 
                                        2.   925.0 p     2.   486 
                                        3.   925.0 p     3.   486 
                                        4.   925.0 p     4.   486 
                                      ---------------  ----------- 
 
 d)   Aggregated information 
 
      - Aggregated volume         As above 
 
      - Price 
 
 e)   Date of the transaction     16 January 2020 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ------------------------------------- 
 

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END

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December 18, 2020 05:39 ET (10:39 GMT)