Legendary Investments PLC Grant of Options (1997C)

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RNS Number : 1997C

Legendary Investments PLC

27 September 2018

Legendary Investments PLC ("Legendary")

Grant of Options

Legendary announces, that further to the announcement of 3 September 2018, on 25 September 2018, 100,000,000 options were granted to Lord Monson over existing ordinary shares of 0.1p each in the Company under the Company share option scheme. Subject to completion of the Company's share capital reorganisation, announced yesterday, and which is due to complete today at 6.00 p.m., the 100,000,000 options will be adjusted so that Lord Monson will hold 265,118 options over new ordinary shares of 0.1p each ("New Ordinary Shares"). The exercise price of the adjusted options will be 75.4 pence per New Ordinary Share, the options vest immediately and they have a life of 10 years. Lord Monson, currently holds no other beneficial interest in the Company.

- ENDS -

 
                                                                020 8201 
 Legendary Investments PLC       Zafar Karim / Thomas Reuner     3536 
 Nominated Adviser 
 Grant Thornton UK LLP           Colin Aaronson / Harrison      020 7383 
  Broker                          Clarke                         5100 
 S.P. Angel Corporate Finance    Richard Parlons / Richard      020 3470 
  LLP                             Morrison                       0470

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

About Legendary Investments PLC

Legendary Investments PLC focuses on assisting companies and making investments which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary takes stakes in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.

www.leginvest.com

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Lord Nicholas Monson 
     ---------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status              Non-Executive Director 
     ---------------------------  -------------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                         Legendary Investments Plc 
     ---------------------------  -------------------------------------------- 
 b)   LEI                          213800UXR58OZUHUD663 
     ---------------------------  -------------------------------------------- 
 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           Ordinary shares of 0.1 pence each 
       financial instrument, 
       type of instrument 
 
      Identification code          Leg 
 
 b)   Nature of the transaction    Grant of options 
     ---------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s) 
                                    ----------------  ---------------------- 
                                     Price(s) 75.4p    Volume(s) 100,000,000 
                                    ----------------  ---------------------- 
 
 
 d)   Aggregated information 
 
      - Aggregated volume 
 
      - Price 
 
 e)   Date of the transaction      25/9/2018 
     ---------------------------  -------------------------------------------- 
 f)   Place of the transaction     Outside a 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.

END

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September 27, 2018 08:32 ET (12:32 GMT)

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