James Latham plc
("James Latham" or "the Company")
PDMR Dealings and Grant of Options
The Company announces that, on 17 December 2022, the Trustees of the Company's CSOP scheme issued 560 ordinary shares of 25 pence each in the Company ("Ordinary Shares") to each of Nick Latham and Piers Latham and 195 Ordinary Shares to David Dunmow under the 2017 CSOP scheme at a price of 802.5p per share. The resulting shareholdings are shown in the table below.
| PDMR | CSOP | Resultant Shareholding | Resultant Total Voting |
| Nick Latham (Chairman) | 560 | 643,405 | 3.22% |
| David Dunmow (Finance Director) | 195 | 141,016 | 0.71% |
| Piers Latham (Executive Director) | 560 | 640,303 | 3.21% |
In addition, on 20 December 2022, the Trustees of the Company's CSOP scheme granted options over 360 new Ordinary Shares to each of Nick Latham, David Dunmow, Piers Latham and Andrew Wright at an exercise price of 1250p per new Ordinary Share to be exercised between 20 December 2027 and 19 December 2032.
| PDMR | Options granted |
| Nick Latham (Chairman) | 360 |
| David Dunmow (Finance Director) | 360 |
| Piers Latham (Executive Director) | 360 |
| Andrew Wright (Managing Director) | 360 |
For further information please visit www.lathamtimber.co.uk or contact:
| James Latham plc | Tel: 01442 849 100 |
| Nick Latham, Chairman |
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| David Dunmow, Finance Director |
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| SP Angel Corporate Finance LLP |
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| Matthew Johnson / Charlie Bouverat (Corporate Finance) | Tel: 0203 470 0470 |
| Abigail Wayne (Corporate Broking) |
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The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Issue of Ordinary Shares:
| 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
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| 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
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| a)
| Description of the financial instrument, type of instrument | Ordinary shares of 25p each
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| Identification code | GB00B04NP100 | |||||||||||||||
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| b)
| Nature of the transaction
| Issue of shares under Company CSOP scheme | ||||||||||||||
| c)
| Price(s) and volume(s) | | | | | |||||||||||
| | | Price(s) | Volume(s) | | ||||||||||||
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| d)
| Aggregated information | | ||||||||||||||
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| - Aggregated volume | As above | |||||||||||||||
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| - Price | | |||||||||||||||
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| e)
| Date of the transaction
| 17 December 2022 | ||||||||||||||
| f)
| Place of the transaction
| Outside a trading venue | ||||||||||||||
Grant of options:
| 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
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| Identification code | GB00B04NP100 | |||||||||||||||||||
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| b)
| Nature of the transaction
| Grant of options under Company CSOP scheme | ||||||||||||||||||
| c)
| Price(s) and volume(s) | | | | | |||||||||||||||
| | | Price(s) | Volume(s) | | ||||||||||||||||
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| d)
| Aggregated information | | ||||||||||||||||||
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| - Aggregated volume | As above | |||||||||||||||||||
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| - Price | | |||||||||||||||||||
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| e)
| Date of the transaction
| 20 December 2022 | ||||||||||||||||||
| f)
| Place of the transaction
| Outside a trading venue | ||||||||||||||||||
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