James Latham plc
("James Latham" or "the Company")
PDMR and PCA Dealings
The Company announces that, on 24 February 2022, the Trustees of the Company's SIPS scheme issued 585 ordinary shares of 25 pence each in the Company ("Ordinary Shares") to certain PDMRs in the Company as follows:
| PDMR | SIPS scheme allocation | Resultant Shareholding | Resultant Shareholding % |
|
|
|
|
|
| Nick Latham | 184 | 641,612 | 3.22% |
| David Dunmow | 163 | 139,703 | 0.70% |
| Piers Latham | 162 | 638,549 | 3.20% |
| Andrew Wright | 76 | 29,657 | 0.15% |
PCA Dealing
The Company has been informed that, on 21 February 2022, Philippa French, a person closely associated ("PCA") to Fabian French, a PDMR of James Latham, sold 7,464 Ordinary Shares at a price of 1200p. As a result of the sale, Mr French's beneficial shareholding the in the Company is now 370,052 Ordinary Shares representing 1.85% of the issued share capital of the Company.
For further information please visit www.lathamtimber.co.uk, or contact:
| James Latham plc | Tel: 01442 849 100 |
| Nick Latham, Chairman | |
| David Dunmow, Finance Director | |
|
| |
| SP Angel Corporate Finance LLP | |
| Matthew Johnson / Charlie Bouverat (Corporate Finance) | Tel: 0203 470 0470 |
| Rob Rees (Corporate Broking) | |
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Issue of Ordinary Shares to PDMRs
| 1
| Details of the person discharging managerial responsibilities / person closely associated
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| a)
| Name
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| 2
| Reason for the notification
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| a)
| Position/status
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| b)
| Initial notification /Amendment
| Initial Notification | ||||||||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||||||||
| a)
| Name
| James Latham plc | ||||||||||||||||||
| b)
| LEI
| 2138008M4LVEDHBPBU41 | ||||||||||||||||||
| 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 | Ordinary shares of 25p each
| ||||||||||||||||||
| | | |||||||||||||||||||
| Identification code | GB00B04NP100 | |||||||||||||||||||
| | | |||||||||||||||||||
| b)
| Nature of the transaction
| Issue of Ordinary Shares under the Company SIPS scheme | ||||||||||||||||||
| c)
| Price(s) and volume(s) | | | | | |||||||||||||||
| | | Price(s) | Volume(s) | | ||||||||||||||||
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| | | | | | ||||||||||||||||
| d)
| Aggregated information | | ||||||||||||||||||
| | | |||||||||||||||||||
| - Aggregated volume | As above | |||||||||||||||||||
| | | |||||||||||||||||||
| - Price | | |||||||||||||||||||
| | | |||||||||||||||||||
| e)
| Date of the transaction
| 24 February 2022 | ||||||||||||||||||
| f)
| Place of the transaction
| Outside a trading venue | ||||||||||||||||||
PCA Dealing
| 1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated
| |||||||||||||
| a)
| Name
|
| ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| PCA of Fabian French, Non-Executive Director | ||||||||||||
| b)
| Initial notification /Amendment
| Initial Notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| James Latham plc | ||||||||||||
| b)
| LEI
| 2138008M4LVEDHBPBU41 | ||||||||||||
| 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 | Ordinary shares of 25p each
| ||||||||||||
| | | |||||||||||||
| Identification code | GB00B04NP100 | |||||||||||||
| | | |||||||||||||
| b)
| Nature of the transaction
| Sale of Ordinary Shares | ||||||||||||
| c)
| Price(s) and volume(s) | | | | | |||||||||
| | | Price(s) | Volume(s) | | ||||||||||
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| | ||||||||||
| | | | | | ||||||||||
| d)
| Aggregated information | | ||||||||||||
| | | |||||||||||||
| - Aggregated volume | As above | |||||||||||||
| | | |||||||||||||
| - Price | | |||||||||||||
| | | |||||||||||||
| e)
| Date of the transaction
| 21 February 2022 | ||||||||||||
| f)
| Place of the transaction
| London Stock Exchange, AIM Market | ||||||||||||
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