23 December 2016
Exercise of Options, Directors' Dealing and Total Voting Rights
Sportech PLC ("Sportech" or the "Company") announces that the Directors referred to below have received ordinary shares of 50p each in the Company ("shares") under the terms of the Company's long term incentive plan (the "Plan").
Following the dealings as set out below, Ian Penrose, Chief Executive Officer of Sportech increased his beneficial interest in the Company by 100,000 shares to 950,000 from 850,000 shares, and Mickey Kalifa, Chief Financial Officer of Sportech, increased his beneficial interest in the Company by 41,205 to 89,613 shares from 48,408 shares.
The shares were exercised on 22 December 2016 for nil consideration pursuant to awards granted under the Plan on 2 December 2011 and 8 March 2012. These awards vested in December 2014 and March 2015, but have been unable to be exercised until now, due to ongoing corporate activity.
|
Director |
Plan shares being exercised |
Shares sold |
Plan shares retained |
Total shares held after event |
% of share capital |
||
|
Price per share |
Sales for tax and dealing costs |
Other share sales |
|||||
|
Ian Penrose |
367,228 |
85.1095p |
173,116 |
94,112 |
100,000 |
950,000 |
0.46 |
|
Mickey Kalifa |
77,957 |
85.1095p |
36,752 |
Nil |
41,205 |
89,613 |
0.04 |
Total Voting Rights
Following the exercise of options, Sportech's share capital consists of 206,238,048 ordinary shares of 50p with voting rights. There are no ordinary shares held in treasury. Therefore, the total number of voting rights in Sportech is 206,238,048.
The above figure (206,238,048) 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, Sportech PLC under the Disclosure and Transparency Rules.
- ends -
For further information, please contact:
Sportech PLC
Luisa Wright, Group General Counsel & Company Secretary +44 (0)20 7268 2400
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|
1
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Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Ian Penrose |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Executive Officer |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Sportech Plc |
||||
|
b)
|
LEI
|
N/A |
||||
|
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
|
Ordinary shares of 50 pence each
GB00B28ZPV64 |
||||
|
b)
|
Nature of the transaction
|
Exercise of options |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume - Price |
N/a single transaction
|
||||
|
e)
|
Date of the transaction |
22 December 2016 |
||||
|
f) |
Place of the transaction
|
Off Market |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Ian Penrose |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Executive Officer |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Sportech Plc |
||||
|
b)
|
LEI
|
N/A |
||||
|
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
|
Ordinary shares of 50 pence each
GB00B28ZPV64 |
||||
|
b)
|
Nature of the transaction
|
Sale of shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume - Price |
N/a single transaction
|
||||
|
e)
|
Date of the transaction |
22 December 2016 |
||||
|
f) |
Place of the transaction
|
LSE |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Mickey Kalifa |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Financial Officer |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Sportech Plc |
||||
|
b)
|
LEI
|
N/A |
||||
|
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
|
Ordinary shares of 50 pence each
GB00B28ZPV64 |
||||
|
b)
|
Nature of the transaction
|
Exercise of options |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume - Price |
N/a single transaction
|
||||
|
e)
|
Date of the transaction |
22 December 2016 |
||||
|
f) |
Place of the transaction
|
Off Market |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Mickey Kalifa |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Chief Financial Officer |
||||
|
b)
|
Initial notification /Amendment
|
Initial Notification |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Sportech Plc |
||||
|
b)
|
LEI
|
N/A |
||||
|
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
|
Ordinary shares of 50 pence each
GB00B28ZPV64 |
||||
|
b)
|
Nature of the transaction
|
Sale of shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume - Price |
N/a single transaction
|
||||
|
e)
|
Date of the transaction |
22 December 2016 |
||||
|
f) |
Place of the transaction
|
LSE |
||||