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Grant of Options – Issue of Equity & PDMR Dealing 10th September 2018

HML Holdings plc (AIM: HMLH), a leading provider of property management, insurance and ancillary services to residential property blocks, announces that on 10 September 2018 a total of 1,040,000 options (“Options”) over the Company’s ordinary shares of 1.5 pence each (“Ordinary Shares”) were granted to employees and directors, pursuant to HML’s employee stock option plan. The Options were granted at nil-consideration with an exercise price of 33.5 pence per Ordinary Share and are exercisable between 3 and 10 years from the date of grant.

 

The following options were awarded to PDMRs:

 

Name

Options Granted

Robert Plumb

 150,000

James Howgego

 100,000

Alec Guthrie

 100,000

Richard Smith

 41,000

Geoffrey Griggs

 21,000

Elizabeth Holden

 21,000

 

 

In addition to the grant of Options, the Company announces the issue of 225,000 ordinary shares of 1.5 pence each in the capital of the Company (“Ordinary Shares”) which have been allotted pursuant to the exercise of employee and director share options (the “Issue”).

Of the Issue, Robert Plumb exercised 190,000 options over Ordinary Shares at a price of 17.75 pence per share. His resultant holding is 2,964,067 representing 6.5% of the issued share capital of the Company.

Application has been made for 225,000 new Ordinary Shares to be admitted to trading on AIM (“Admission”) and dealings are expected to commence on 14 September 2018. The new Ordinary Shares will rank pari passu with the Company’s existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 45,713,635. Accordingly, the figure of 45,713,635 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.

For further information, please contact:

http://www.hmlgroup.com

 

HML Holdings plc                                                                                                      Tel: 020 8439 8529

Robert Plumb, Chief Executive Officer
James Howgego, Chief Financial Officer

 

finnCap                                                                                                                       Tel: 020 7220 0500

Ed Frisby/ Giles Rolls – corporate finance
Camille Gochez – corporate broking

 

Tavistock Communications Group                                                                         Tel: 020 7920 3150

James Verstringhe/Jeremy Carey                

                                          

 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

Robert Plumb
James Howgego
Alec Guthrie
Richard Smith
Geoffrey Griggs
Elizabeth Holden

2.               

Reason for the Notification

a)

Position/status

PDMR

b)

Initial notification/Amendment

Initial

3.    

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

a)

Name

HML Holdings Plc

b)

LEI

213800BCBARY4UMB8837

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

Share options over ordinary shares of 1.5 pence each

Identification code

GB00B16DFY89

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

PDMR

Price(s)

Volume(s)

Robert Plumb

33.5p

150,000

James Howgego

33.5p

100,000

Alec Guthrie

33.5p

100,000

Richard Smith

33.5p

41,000

Geoffrey Griggs

33.5p

21,000

Elizabeth Holden

33.5p

21,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

1,040,000 options over ordinary shares of 1.5 pence

£0.335

e)

Date of the transaction

10 September 2018

f)

Place of the transaction

Outside trading venue

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

5.               

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Plumb

 

6.               

Reason for the Notification

a)

Position/status

PDMR

b)

Initial notification/Amendment

Initial

7.    

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

a)

Name

HML Holdings Plc

b)

LEI

213800BCBARY4UMB8837

8.    

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

ordinary shares of 1.5 pence each

Identification code

GB00B16DFY89

b)

Nature of the transaction

Exercise of Share Options

c)

Price(s) and volume(s)

PDMR

Exercise Price(s)

Volume(s)

Robert Plumb

17.75

190,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

190,000 ordinary shares of 1.5 pence

£17.75

e)

Date of the transaction

10 September 2018

f)

Place of the transaction

Outside trading venue

 

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.
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