For immediate release
6 June 2019
HUNTERS PROPERTY PLC
("Hunters" or the "Company" or the "Group")
Exercise of Options, Director Dealings
Exercise of Options
Hunters (AIM - HUNT), one of the UK's largest franchised sales and lettings agency businesses, announces today that application has been made for the admission to trading on AIM ("Admission") of 675,000 new ordinary shares of 4 pence each in the Company ("Ordinary Shares") pursuant to the exercise of share options under the Hunters Property Senior Executive Share Option Scheme. In aggregate, options over 525,000 Ordinary Shares have been exercised with an exercise price of 4p each and over 150,000 Ordinary Shares with an exercise price of 16p each. Admission is expected to occur on or around 12 June 2019.
Options have been exercised by Directors as follows:
|
Director |
Number of Options Exercised |
Exercise Price |
|
Glynis Frew |
150,000 |
4p |
|
Ed Jones |
150,000 |
4p |
|
Kevin Hollinrake |
100,000 |
4p |
|
Harry Hill |
150,000 |
16p |
The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares. Following Admission, the Company's issued share capital will comprise 32,502,088 Ordinary Shares carrying voting rights. This figure 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 in their interests in, the Company under the FCA's Disclosure and Transparency Rules.
Director Dealings
The Company has been informed today that Harry Hill, Non-Executive Deputy Chairman, has sold today a total of 85,000 ordinary shares of 4 pence each in the Group at a price of 41 pence per share. Following the sale, Mr Hill's holding in Hunters is 147,505 ordinary shares, representing 0.45% of Hunters' total voting rights of 32,502,088 Ordinary Shares.
The Company has also been informed today that Dean Fielding, Non-Executive Chairman, has purchased today a total of 85,000 ordinary shares of 4 pence each in the Group at a price of 41 pence per share. Following the sale, Mr Fielding's holding in Hunters is 130,000 ordinary shares, representing 0.40% of Hunters' total voting rights of 32,502,088 Ordinary Shares.
Resultant Holdings
As a result of the above transactions, the following Directors' beneficial holdings in the Company have changed:
|
Director |
Current Holding of Ordinary Shares |
% of Issued Share Capital |
Number of Options |
% of Issued Share Capital |
|
Glynis Frew |
1,917,722 |
5.90% |
0 |
0.00% |
|
Ed Jones |
3,927,629 |
12.08% |
0 |
0.00% |
|
Kevin Hollinrake |
4,323,185 |
13.30% |
0 |
0.00% |
|
Harry Hill |
147,505 |
0.45% |
425,000 |
1.31% |
|
Dean Fielding |
130,000 |
0.40% |
0 |
0.00% |
NOTIFICATIONS 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 |
Edward Anthony Jones |
||||
|
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 |
HUNTERS PROPERTY PLC |
||||
|
b) |
LEI |
213800ZD3BTE7NH9DQ29 |
||||
|
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 4p each
GB00BYMW5L71 |
||||
|
b) |
Nature of the transaction |
Exercise of Options |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
|
N/A |
||||
|
e) |
Date of the transaction |
6 June 2019 |
||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Glynis Frew |
||||
|
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 |
HUNTERS PROPERTY PLC |
||||
|
b) |
LEI |
213800ZD3BTE7NH9DQ29 |
||||
|
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 4p each
GB00BYMW5L71 |
||||
|
b) |
Nature of the transaction |
Exercise of Options |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
|
N/A |
||||
|
e) |
Date of the transaction |
6 June 2019 |
||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Kevin Hollinrake |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chairman |
||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
HUNTERS PROPERTY PLC |
||||
|
b) |
LEI |
213800ZD3BTE7NH9DQ29 |
||||
|
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 4p each
GB00BYMW5L71 |
||||
|
b) |
Nature of the transaction |
Exercise of Options |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
|
N/A |
||||
|
e) |
Date of the transaction |
6 June 2019 |
||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||||||
|
a) |
Name |
Harry Hill |
||||||||
|
2 |
Reason for the notification |
|||||||||
|
a) |
Position/status |
Non-Executive Deputy Chairman |
||||||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||
|
a) |
Name |
HUNTERS PROPERTY PLC |
||||||||
|
b) |
LEI |
213800ZD3BTE7NH9DQ29 |
||||||||
|
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 4p each
GB00BYMW5L71 |
||||||||
|
b) |
Nature of the transaction |
Exercise of Options, Sale of Shares |
||||||||
|
c) |
Price(s) and volume(s)
|
Exercise
Sale
|
||||||||
|
d)
|
Aggregated information
|
N/A |
||||||||
|
e) |
Date of the transaction |
6 June 2019 |
||||||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Dean Fielding |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b) |
Initial notification /Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
HUNTERS PROPERTY PLC |
||||
|
b) |
LEI |
213800ZD3BTE7NH9DQ29 |
||||
|
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 4p each
GB00BYMW5L71 |
||||
|
b) |
Nature of the transaction |
Purchase of Shares |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
|
N/A |
||||
|
e) |
Date of the transaction |
6 June 2019 |
||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||
For further information, please contact:
|
Hunters Property Plc
Kevin Hollinrake, Chairman
Glynis Frew, Chief Executive Officer
Ed Jones, Chief Financial Officer
|
01904 756 197 |
|
SPARK Advisory Partners Limited
Andrew Emmott (Nominated Adviser)
|
020 3368 3551 |
|
Dowgate Capital Stockbrokers
James Serjeant (Corporate Broking)
|
020 3903 7715 |
~ END ~