25 July 2024
GATELEY (HOLDINGS) PLC
("Gateley" or the "Group" or the "Company")
(AIM: GTLY)
GRANT OF SHARE AWARDS AND PDMR DEALINGS
Gateley, the professional services group, is pleased to announce its latest grant of annual share awards to senior employees, subsidiary company directors and PDMRs (as set out in the tables below).
Restricted Share Awards ("RSAs") form part of the Group's progressive incentivisation and equity recirculation plan. It is a continuation of the board's strategy to differentiate the position of senior employees and directors at Gateley from that of a partner in traditionally structured professional services businesses.
RSAs over 3,198,327 Ordinary Shares of 10 pence each in the Company ("Ordinary Shares") have been awarded today. These awards have all been satisfied from Ordinary Shares held by the Gateley Employee Benefit Trust ("EBT"). They vest on receipt, are subject to a five-year non-dealing restriction and are forfeited should employment be terminated within that period. The EBT has also made an award to a strategic board director for outstanding contribution over an extended period, which will also be satisfied from the EBT.
Rod Waldie, Gateley Chief Executive Officer, said:
"The board firmly believes that the use of equity as an incentive and means of extending share ownership through all levels of the Group is a material point of positive differentiation for Gateley in an intensely competitive staffing environment. It is therefore an important component for our future growth ambitions. In particular, we have worked hard over the last 12 months to enhance our restricted share award scheme, principally to facilitate recirculation of internally held shares. This is our main equity incentive scheme for senior leaders in the Group. Our enhancements present an efficient means of maintaining significant equity at senior levels in the Group whilst minimising external market impacts. We believe this will help secure and enhance Gateley's position as an attractive and sought after employer."
Enquiries:
| Gateley (Holdings) Plc | |
| Neil Smith, Finance Director | Tel: +44 (0) 121 234 0196 |
| Nick Smith, Acquisitions Director and Head of Investor Relations | Tel: +44 (0) 20 7653 1665 |
| Cara Zachariou, Communications Director | Tel: +44 (0) 121 234 0074 Mob: +44 (0) 7703 684 946 |
| | |
| Liberum - Nominated Adviser and Broker Richard Lindley/Nikhil Varghese |
Tel: +44 (0) 20 3100 2000 |
| | |
| Belvedere Communications Limited - Financial PR | |
| Cat Valentine (cvalentine@belvederepr.com) | Mob: +44 (0) 7715 769 078 |
| Keeley Clarke (kclarke@belvederepr.com) | Mob: +44 (0) 7967 816 525 |
| Llew Angus (langus@belvederepr.com) | Mob: +44 (0) 7407 023 147 |
| |
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Neil Smith | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Holdings Board and Strategic Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £nil | 72,464 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Victoria Walker (nee Garrad) | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Holdings Board and Strategic Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £nil | 72,464 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | James Madill | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Operations Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £Nil | 74,074 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Andrew Cowan | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Operations Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £nil | 72,464 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Gayle Taylor | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Operations Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £Nil | 36,232 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Richard Healey | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Strategic Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Gift of ordinary shares of 10p each in the capital of Gateley (Holdings) Plc by the Gateley Employee Benefit Trust
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £Nil | 230,000 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Nick Capell | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Operations Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £Nil | 36,232 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Vikki Whittemore | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Operations Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £Nil | 36,232 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Tina Woods | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Operations Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £Nil | 18,116 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-Market | ||||||
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Colin French | ||||||
| 2 | Reason for notification | | ||||||
| a. | Position/Status | Member of Operations Board | ||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Gateley (Holdings) Plc | ||||||
| b. | LEI | 213800WZGNN7U6LEUM62 | ||||||
| 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 | Issue of Restricted share award over ordinary shares of 10p each in the capital of Gateley (Holdings) Plc
ISIN: GB00BXB07J71 | ||||||
| b. | Nature of the transaction | Award of Restricted shares | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| £Nil | 18,116 | | ||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/a Nil | ||||||
| e. | Date of the transaction | 25 July 2024 | ||||||
| f. | Place of the transaction | Off-Market | ||||||
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