Source - LSE Regulatory
RNS Number : 2004D
Scholium Group PLC
19 June 2023
 

19 June 2023

                                                                                                                 

 

Scholium Group plc

("Scholium" or the "Company")

 

 

 

Grant of Share Options & PDMR dealing

 

Scholium Group Plc, the leading dealer in antiquarian books and modern classic art, announces that it has granted options on 16 June 2023 under the Company's Enterprise Management Incentive Share Option Scheme ("EMI Option Scheme") over a total of 1,000,000 ordinary shares of 1 pence in the Company ("Option Shares") to certain employees.

700,000 of these Option Shares have been granted to Directors as per the table below:

Name

Title

Number of Option Shares

Bernard Shapero

CEO

400,000

David Harland

Chairman

200,000

Philip Tansey

CFO

100,000

 

The Option Shares have an exercise price of 37.5p per share (being the closing mid-market share price on 16 June 2023), vest over the three years from the date of grant (ensuring the employees remain in continuous employment within the Group) and once vested, are exercisable at any time up to ten years after the date of grant.

The remaining 300,000 Option Shares have been granted to members of staff.

Graham Noble, Independent Director and head of the Remuneration Committee, commented:

"As the Company continues onto a more sustainable and profitable path, it is crucial that we align the interests of all members of the Scholium team with shareholders. The EMI Options Scheme was established to incentivise management and staff to increase shareholder value over the long term and the Remuneration Committee is keen to ensure that remuneration for the Company's senior team and employees will be effective, fair and motivate them to deliver success for the Company and its shareholders."

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

The person responsible for arranging the release of this announcement on behalf of the Company is Philip Tansey, Chief Financial Officer of the Company.

 

For further information please visit www.scholiumgroup.com or contact:

Scholium Group plc

David Harland, Chairman              

Philip Tansey, Chief Financial Officer

 

+44 (0)20 7493 0876

WH Ireland Ltd - Nominated Adviser

Chris Fielding   

Enzo Aliaj

+44 (020) 7220 1666

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bernard Shapero

2

Reason for the notification

a)

Position/status

CEO

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Scholium Group Plc

b)

LEI

213800X174X5ARSGSN91

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 1p each

 

GB00BJYS2173

b)

Nature of the transaction

Grant of Options under the Company's EMI Options Scheme

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

37.5p

400,000

d)

Aggregated information

-      Aggregated volume

-      Price

 

400,000

£150,000

e)

Date of the transaction

16 June 2023

f)

Place of the transaction

Outside a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Harland

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

Scholium Group Plc

b)

LEI

213800X174X5ARSGSN91

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 1p each

 

GB00BJYS2173

b)

Nature of the transaction

Grant of Options under the Company's EMI Options Scheme

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

37.5p

200,000

d)

Aggregated information

-      Aggregated volume

-      Price

 

200,000

£75,000

e)

Date of the transaction

16 June 2023

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philip Tansey

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

Scholium Group Plc

b)

LEI

213800X174X5ARSGSN91

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 1p each

 

GB00BJYS2173

b)

Nature of the transaction

Grant of Options under the Company's EMI Options Scheme

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

37.5p

100,000

d)

Aggregated information

-      Aggregated volume

-      Price

 

100,000

£37,500

e)

Date of the transaction

16 June 2023

f)

Place of the transaction

Outside a trading venue

 

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