Awards pursuant to the Company's LTIP
Updated : 16:13
27 November 2018
LEI: 213800JLR6YIRMSCUS98
Air Partner plc
("Air Partner" or the "Company")
Awards pursuant to the Company's Long Term Incentive Plan ("LTIP")
Air Partner plc, the global aviation services group, announces that the Remuneration Committee of the Company has granted an award in the form of nil-cost share options ("Award") over a total of 177,273 ordinary shares of 1 pence each in the Company ("Ordinary Shares") to Mark Briffa pursuant to the Company's 2012 LTIP. Full details of the Award will be disclosed in the Company's Annual Report for the Year Ending 31 January 2019.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
1 | Details of the person discharging managerial responsibilities ("PDMR") or persons closely associated with them ("PCA") | |||||
a) | Name
| Mark Briffa | ||||
2 | Reason for the notification | |||||
a) | Position/status
| Chief Executive Officer / PDMR | ||||
b) | Initial notification/ Amendment
| Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name
| Air Partner plc | ||||
b) | LEI
| 213800JLR6YIRMSCUS98 | ||||
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 financial instrument, type of instrument
Identification code
| Nil-cost option over Ordinary shares of 1 pence each in Air Partner plc
GB00BD73628 | ||||
b) | Nature of the transaction
| Award of nil-cost option over Ordinary shares of 1 pence each in Air Partner plc | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information Aggregated volume Price
| Not applicable - single transaction | ||||
e) | Date of the transaction
| 23 July 2018 | ||||
f) | Place of the transaction
| Outside a trading venue |
ENDS
Enquiries:
Air Partner | 01293 844788 |
Mark Briffa, CEO | |
Joanne Estell, CFO Kate Patrick, Investor Relations | |
TB Cardew (Financial PR advisor) | 020 7930 0777 |
Tom Allison | 07789 998 020 |
Alycia MacAskill Lucy Featherstone | 07876 222 703 07789 374 663 |
About Air Partner:
Founded in 1961, Air Partner is a global aviation services group that provides worldwide solutions to industry, commerce, governments and private individuals. The Group has two divisions: Charter division, comprising air charter broking and remarketing; and the Consulting & Training division, comprising the aviation safety consultancies, Baines Simmons, Clockwork Research and SafeSkys, as well as Air Partner's Emergency Planning Division. For reporting purposes, the Group is structured into four divisions: Commercial Jets, Private Jets, Freight (Charter) and Consulting & Training (Baines Simmons, Clockwork Research, SafeSkys and Air Partner's Emergency Planning Division). The Commercial Jet division charters large airliners to move groups of any size. Air Partner Remarketing, which is within the Commercial Jet division, provides comprehensive remarketing programmes for all types of commercial and corporate aircraft to a wide range of international clients. Private Jets offers the Company's unique pre-paid JetCard scheme and on-demand charter. Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Baines Simmons is a world leader in aviation safety consulting specialising in aviation regulation, compliance and safety management. Clockwork Research is a leading fatigue risk management consultancy. SafeSkys is a leading Environmental and Air Traffic Control services provider to UK and International airports. Air Partner is headquartered alongside Gatwick airport in the UK. Air Partner operates 24/7 year-round and has 20 offices globally. Air Partner is listed on the London Stock Exchange (AIR) and is ISO 9001:2015 compliant for commercial airline and private jet solutions worldwide. www.airpartner.com
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