Source - RNS
RNS Number : 9684J
Marechale Capital PLC
15 September 2016
 

15 September 2016

 

Marechale Capital plc

("Marechale Capital" or the "Company")

 

Director/PDMR Shareholding

 

Marechale Capital announces that on 14 September 2016 it granted options over 1,153,623 new ordinary shares in the Company to Jeremy Stephenson, a director of the Company.  The options are exercisable at a price of 2.6p per share for a period of five years from the date of vesting and vest as to one-third on each of the first three anniversaries of the date of grant.

 

Further employee options over 576,812 new ordinary shares were issued on the same day and on the same terms.

 

The notification 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

Jeremy Stephenson

2

Reason for the notification

a)

Position/status

PDMR (Director)

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Marechale Capital plc

b)

LEI

-

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

Options over new ordinary shares of 1p each exercisable at a price of 2.6p per share


Identification code

GB0005401087

b)

Nature of the transaction

Grant of options

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

nil

1,153,623

d)

Aggregated information


Aggregated volume

N/A - single transaction


Price

N/A - single transaction

e)

Date of the transaction

14 September 2016

f)

Place of the transaction

Outside of a trading venue

 

 

For further information please contact:

 

Marechale Capital

Mark Warde-Norbury / Patrick Booth-Clibborn

 

Tel: +44 (0)20 7628 5582

Smith & Williamson Corporate Finance

Azhic Basirov / David Jones

 

Tel: +44 (0)20 7131 4000

 

 


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