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RNS Number : 1593Z Northamber PLC 10 January 2024
Northamber PLC
("Northamber" or the "Company")
Grant of Share Options
10 January 2024
Northamber (AIM:NAR), announces that under its Company Share Option Plan
("CSOP"), it has granted a total of 67,415 options ("CSOP Options") over
ordinary shares of £0.01 each in the Company ("Ordinary Shares") to Jeremy
Keefe, pursuant to his appointment as Group Managing Director on 2 January
2024.
The exercise price of the CSOP Options is equal to the mid-market closing
price of an Ordinary Share on 9 January 2024, being 44.5 pence.
The CSOP Options will vest and become exercisable on the later of:
• the third anniversary of the date of grant; and
· the date on which the board of directors determines that the
volume-weighted average mid-market closing price of an Ordinary Share as
derived from the AIM Appendix to the Daily Official List ("VWAP") over a
period of 30 dealing days, is equal to or greater than £0.90 ("VWAP Target").
Contacts:
Northamber PLC investor_relations@northamber.com (mailto:investor_relations@northamber.com)
Alex Phillips, Executive Chairman
Singer Capital Markets (Nominated Adviser and Sole Broker) Tel: +44 (0) 207 496 3000
Philip Davies / Finn Gordon
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Jeremy Keefe
2. Reason for the notification: Grant of CSOP options
a. Position/status Group Managing Director
b. Initial notification Initial notification
/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Northamber plc
b. LEI 213800F4IVW7568DW226
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 1 pence each
Identification code
GB00B2Q99X01
b. Nature of the transaction Grant of CSOP options
c. Price(s) and volume(s) Volume(s) 67,415 Price(s) 44.5p
d. Aggregated information N/A - single transaction
Aggregated volume 67,415
Price 44.5p
e. Date of the transaction 09/01/24
f. Place of the transaction Off-Exchange
d.
Aggregated information
Aggregated volume
Price
N/A - single transaction
67,415
44.5p
e.
Date of the transaction
09/01/24
f.
Place of the transaction
Off-Exchange
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