Zaim Credit Systems: Issue of Options

Adalan Ventures

24/09/2020 12:46

RNS Number : 0412A

ZAIM Credit Systems PLC

24 September 2020

 

Not for release or distribution, directly or indirectly, within, into or in the United States or to or for the account or benefit of persons in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would violate the relevant securities laws of such jurisdiction

For Immediate Release

24 September 2020

Zaim Credit Systems Plc

("Zaim" or the "Group")

Issue of Options

Zaim Credit Systems plc (the 'Group' or 'Zaim'), the Russian focused fintech group providing financial inclusion for those consumers who are not well served by mainstream lenders, announces that it has today issued 2,000,000 options over Ordinary Shares ("Options") to Non-Executive Director Paul Auger.

The Options are exercisable at a price of 2.7 pence per Ordinary Share, being the closing mid market price on 23 September 2020, vest one year from the date of grant and have a 5 year term.

 

Enquiries:

Zaim Credit Systems Plc
Simon Retter
Siro Cicconi
Tel: +44 (0) 73 9377 9849
Alex Boreyko
Tel: +7 925 708 98 16
investors@zaimcreditsystemsplc.com
Beaumont Cornish Limited
Roland Cornish / James Biddle
Tel: +44 (0) 20 7628 3396
Optiva Securities Limited
Jeremy King / Vishal Balasingham
Tel: +44 (0) 20 3137 1902

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.  

Paul Auger

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Auger
2
Reason for notification
a)
Position / status
Non-Executive Director
b)
Initial notification
/Amendment
Initial
3
Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)
Name
Zaim Credit Systems plc
b)
LEI
213800Z4MI9KSZA2VW72
4
Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)
Descriptionof the financial instrument, type ofinstrument
Identification code
2,000,000 Options over Ordinary shares of £0.01 each in Zaim Credit Systems plc
ISIN GB00BK5T9G03
Nature of the transaction
Issue of Options
c)
Price(s) and volumes(s)
Price(s)
Volumes(s)
2.7 pence
2,000,000
d)
Aggregated information
n/a
e)
Date of the transaction
24 September 2020
f)
Place of the transaction
London Stock Exchange, Standard Segment of the Official List

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR"). 

 

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