Van Elle Holdings PLC Director/PDMR LTIP Awards (4154N)
29 Septiembre 2021 - 7:30AM
UK Regulatory
TIDMVANL
RNS Number : 4154N
Van Elle Holdings PLC
29 September 2021
Van Elle Holdings plc
('Van Elle', the 'Company' or the 'Group')
Director/PDMR LTIP Awards
Van Elle Holdings plc (AIM: VANL), the UK's largest ground
engineering contractor, announces that on 27 September 2021, awards
were made over ordinary shares of 2 pence each in the capital of
the Company ("Ordinary Shares") under the Long Term Incentive Plan
2016 ("LTIP") (the "Awards").
The Awards have been granted in the form of an option to acquire
Ordinary Shares at an exercise price of 2 pence each. The number of
options which vest, conditional upon continued employment, are
subject to the Group achieving certain performance criteria based
on a combination of a Total Shareholder Return and Return on
Capital Employed targets, aligned to the Group's medium-term
financial objectives.
The Awards are governed by the rules of the LTIP, and subject
thereto, vest on the third anniversary of the date of grant to the
extent determined in accordance with the performance criteria.
The Awards were issued to certain directors and PDMRs of the
Company, as set out below:
Director/PDMR Position Number of Shares over
which Awards have
been made
Chief Executive
Mark Cutler Officer 587,628
----------------- ----------------------
Chief Financial
Graeme Campbell Officer 340,206
----------------- ----------------------
For further information, please contact:
Van Elle Holdings plc Via Walbrook
Mark Cutler, Chief Executive Officer
Graeme Campbell, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Tel: 020 7418 8900
corporate broker)
Mike Bell / Ed Allsopp
Walbrook PR Limited Tel: 020 7933 8780
or vanelle@walbrookpr.com
Tom Cooper / Nick Rome / Nicholas Johnson 07971 221 972 or 07748
325 236 or 07884 664
686
About Van Elle Holdings plc:
Van Elle Holdings is the UK's largest specialist geotechnical
engineering contractor. The Company provides a range of ground
engineering techniques and services including - ground
investigation, general and specialist piling, rail geotechnical
engineering, modular foundations, and ground improvement and
stabilisation services.
Van Elle operates through three divisions: general piling,
specialist piling and ground engineering; and is focused on three
end markets: residential and housing, infrastructure and regional
construction - across which the Group has completed more than
20,000 projects over the last 35 years.
General piling provides a range of larger piling and ground
engineering solutions for open-site construction projects.
Specialist piling provides a range of geotechnical solutions in
operationally constrained environments including on-track rail
applications. Ground engineering services offers a range of ground
investigation and geotechnical services and modular foundation
solutions such as Smartfoot(R). Van Elle has a market-leading
reputation and the UK's largest rig fleet of 115 rigs.
Having floated on AIM in 2016 it now has a strong national
presence, diversified offering and market-leading brand name.
The information below (set out in accordance with the
requirements of EU Market Abuse Regulation) provides further
detail:
1. Details of the person discharging managerial
responsibilities / person closely associated
a. Name Mark Cutler
--------------------------- ----------------------------------
2. Reason for the notification
---------------------------------------------------------------
a. Position/status CEO
--------------------------- ----------------------------------
b. Initial notification Initial notification
/Amendment
--------------------------- ----------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
---------------------------------------------------------------
a. Name Van Elle Holdings plc
--------------------------- ----------------------------------
b. LEI 213800LQC6YL8KJT1Y18
--------------------------- ----------------------------------
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 Ordinary shares of 2p
of the Financial
instrument,
type of instrument ISIN: GB00BYX4TP46
Identification
code
--------------------------- ----------------------------------
b. Nature of Grant of an award under the
the transaction Van Elle Holdings plc LTIP
--------------------------- ----------------------------------
c. Price(s) Price(s) Volume(s)
and volume(s)
--------------------------- --------------- --------------
n/a 587,628
------------------------------------------------ --------------
d. Aggregated
information As above
- Aggregated
volume
- Price
--------------------------- ----------------------------------
e. Date of the 27 September 2021
transaction
--------------------------- ----------------------------------
f. Place of Outside a trading venue
the transaction
--------------------------- ----------------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
a. Name Graeme Campbell
--------------------------- ----------------------------------
2. Reason for the notification
---------------------------------------------------------------
a. Position/status CFO
--------------------------- ----------------------------------
b. Initial notification Initial notification
/Amendment
3. Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
a. Name Van Elle Holdings plc
--------------------------- ----------------------------------
b. LEI 213800LQC6YL8KJT1Y18
--------------------------- ----------------------------------
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 Ordinary shares of 2p
of the Financial
instrument,
type of instrument ISIN: GB00BYX4TP46
Identification
code
--------------------------- ----------------------------------
b. Nature of Awards issued under the Van
the transaction Elle LTIP
--------------------------- ----------------------------------
c. Price(s) Price(s) Volume(s)
and volume(s)
--------------------------- --------------- --------------
n/a 340,206
------------------------------------------------ --------------
d. Aggregated
information As above
- Aggregated
volume
- Price
--------------------------- ----------------------------------
e. Date of the 27 September 2021
transaction
--------------------------- ----------------------------------
f. Place of Outside a trading venue
the transaction
--------------------------- ----------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHLKLFLFKLLBBV
(END) Dow Jones Newswires
September 29, 2021 08:30 ET (12:30 GMT)
Van Elle (LSE:VANL)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Van Elle (LSE:VANL)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024