Exercise of Options
Updated : 07:09
ALTITUDE GROUP PLC
(the "Company" or "Altitude")
Exercise of Options
Altitude Group plc (AIM: ALT), the operator of a leading marketplace for personalised products, announces that the Company has been notified that Shaun Parker, Chief Operating Officer, has today exercised 416,665 options over ordinary shares of 0.4 pence each ("Ordinary Shares") in the Company at a price of 11.95 pence per ordinary share.
Application has been made for the 416,665 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 12 June 2018 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares of the Company. Following Admission, the Company's issued share capital will consist of 54,611,857 Ordinary Shares. Accordingly, the figure of 54,611,857 may be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Altitude Group plc Peter Hallett, Non - Executive Chairman Nikki Stella, Chief Executive Officer Graeme Couturier, Chief Financial Officer |
07887 987469 +1 (215) 534 1350 07973 683234 | |
finnCap ltd | 020 7220 0500 | |
Jonny Franklin-Adams (Corporate Finance) | ||
Scott Mathieson (Corporate Finance) | ||
Richard Chambers (ECM) | ||
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Shaun Parker | ||||
2. | Reason for the Notification | |||||
a) | Position/status | PDMR - Chief Operating Officer | ||||
b) | Initial notification/Amendment |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Altitude Group plc | ||||
b) | LEI | 213800VACSTYYSI39R89 | ||||
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 |
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Identification code | GB00B0LSFV82 | |||||
b) | Nature of the transaction | Exercise of Options | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
See above | ||||
e) | Date of the transaction | 06 June 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
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