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Regulatory Story
Company Triad Group Plc
TIDM TRD
Headline Director/PDMR Shareholding and Total Voting Rights
Released 13:17 01-Feb-2019
Number 8637O13

RNS Number : 8637O
Triad Group Plc
01 February 2019
 

Legal Entity Identifier (LEI) No. 213800MDNBFVEQEN1G84

 

 

 

Triad Group Plc

("Triad" or "the Company")

 

Director/PDMR Shareholding

 

Triad Group Plc, the UK-based IT systems, consulting and resourcing company, was notified on 31 January 2019 that Adrian Leer, Managing Director, has exercised 150,000 options over Ordinary shares of 1p each ("Ordinary Shares"), granted pursuant to the Company's 2008 Share Option Scheme. 50,000 options have been exercised at an exercise price of 13.5 pence per Ordinary share, and 100,000 options at an exercise price of 11 pence per Ordinary Share.

 

Mr Leer currently has no intention of selling these shares.

 

These 150,000 Ordinary Shares will be admitted to trading pursuant to an existing block listing granted to the Company by London Stock Exchange plc and will rank pari passu with existing Ordinary Shares.

 

Following the issue of these Ordinary Shares, the total number of voting rights in Triad is 15,968,979, which number should be used by shareholders and other parties subject to disclosure obligations as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the share capital of Triad under the FCA's Disclosure and Transparency rules.

 

Contacts:

 

Triad Group Plc

Nick Burrows - Finance Director

01908 278 450

 

Arden Partners

Tom Price

Benjamin Cryer

020 7614 5932

 

 

 

 

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Adrian Leer

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Triad Group plc

b)

 

LEI

 

 

213800MDNBFVEQEN1G84

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

 

 

 

ISIN :     GB0009035741

 

b)

 

Nature of the transaction

 

Exercise of Options

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

 

 

Price(s)

 

Volume(s)

£0.135

50,000

£0.11

100,000

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

 

150,000

 

 

£0.118

 

e)

 

Date of the transaction

 

 

31 January 2019

f)

 

Place of the transaction

 

 

Outside of a trading venue

 


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