RNS Number : 7272S
Sportech PLC
23 December 2016
 

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

 

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)

 

 

 

Price(s)

 

Volume(s)

 

Nil

 

367,228

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)

 

 

 

Price(s)

 

Volume(s)

 

85.1095p

 

267,228

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)

 

 

 

Price(s)

 

Volume(s)

 

Nil

 

77,957

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)

 

 

 

Price(s)

 

Volume(s)

 

85.1095p

 

36,752

d)

 

Aggregated information

 

 

- Aggregated volume

- Price

N/a single transaction

 

e)

 

Date of the transaction

22 December 2016

f)

Place of the transaction  

 

LSE

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHPGGGWPUPQUBW