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REG - Altitude Group PLC - Director Dealings, Exercise & Grant of Options

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RNS Number : 2118P  Altitude Group PLC  17 June 2022

Altitude Group plc

("Altitude", "Group" or the "Company")

 

Director/PDMR Dealings, Exercise and Grant of Options

 

Altitude Group plc (AIM: ALT), the operator of a leading marketplace for
personalised products, announces that it was notified on 16 June 2022 that
Nichole Stella, Chief Executive Officer and a PDMR, has exercised 166,666
options over ordinary shares of 0.4 pence each in the Company ("Ordinary
Shares") at nil cost (the "Option Exercise").

 

The Group further announces that Graham Feltham, Chief Financial Officer and a
PDMR, has been granted nil cost options over 444,444 Ordinary Shares (the
"Options") following the first 6 months of his employment by Altitude, as part
of his agreed remuneration package. The Options will vest on 28 March 2025,
being 3 years after the 6 month anniversary of Graham's appointment,
conditional on Graham remaining employed by the Group at that time.

 

Admission and Total Voting Rights

Application has been made for the 166,666 new Ordinary Shares pursuant to the
Option Exercise to be admitted to trading on AIM and dealings are expected to
commence on 22 June 2022 ("Admission").

The new Ordinary Shares will rank pari passu with the existing shares of the
Company. Following Admission, the Company's issued share capital will consist
of 70,847,830 Ordinary Shares.

Accordingly, the figure of 70,847,830 may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in the
Company under the FCA's Disclosure Guidance and Transparency Rules.

Following Admission, Nichole Stella will be interested in 989,607 Ordinary
Shares representing approximately 1.40% of the Company's post Admission issued
share capital.

 

For enquiries, please contact:

 Altitude Group plc                                           Via Zeus Capital

 Nichole Stella, Chief Executive Officer

 Graham Feltham, Chief Financial Officer

 Zeus (Nominated Adviser & Broker)                            Tel: 0203 829 5000

 Dan Bate / David Foreman / James Edis (Investment Banking)

 Dominic King (Corporate Broking)

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Nichole Stella
 2   Reason for the notification
 a)  Position/Status:                          Chief Executive Officer

 b)  Initial Notification/Amendment:           Initial Notification

 3   Details of the issuer, emission allowance market participation, auction
     platform, auctioneer or auction monitor
 a)  Name:                                     Altitude Group plc
 b)  LEI:                                      213800VACSTYYSI39R89
 4.  Details of 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:  Ordinary shares of 0.4p

     Identification code:                      GB00B0LSFV82
 b)  Nature of the transaction:                Purchase of Ordinary Shares

 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     Nil                                                                   166,666
 d)  Aggregated volume:                        See above

     Price:
 e)  Date of the Transaction:                  16 June 2022
 f)  Place of the Transaction:                 Outside a trading venue

4.

Details of 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:

 

Identification code:

Ordinary shares of 0.4p

 

GB00B0LSFV82

b)

Nature of the transaction:

 

Purchase of Ordinary Shares

c)

Price(s) and volume(s):

Price(s)

Volume(s)

Nil

166,666

d)

Aggregated volume:

Price:

See above

e)

Date of the Transaction:

16 June 2022

f)

Place of the Transaction:

Outside a trading venue

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Graham Feltham
 2   Reason for the notification
 a)  Position/Status:                          Chief Financial Officer

 b)  Initial Notification/Amendment:           Initial Notification

 3   Details of the issuer, emission allowance market participation, auction
     platform, auctioneer or auction monitor
 a)  Name:                                     Altitude Group plc
 b)  LEI:                                      213800VACSTYYSI39R89
 4.  Details of 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:  Ordinary shares of 0.4p

     Identification code:                      GB00B0LSFV82
 b)  Nature of the transaction:                Grant of nil-cost share options

 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     Nil                                                                   444,444
 d)  Aggregated volume:                        See above

     Price:
 e)  Date of the Transaction:                  16 June 2022
 f)  Place of the Transaction:                 Outside a trading venue

4.

Details of 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:

 

Identification code:

Ordinary shares of 0.4p

 

GB00B0LSFV82

b)

Nature of the transaction:

 

Grant of nil-cost share options

c)

Price(s) and volume(s):

Price(s)

Volume(s)

Nil

444,444

d)

Aggregated volume:

Price:

See above

e)

Date of the Transaction:

16 June 2022

f)

Place of the Transaction:

Outside a trading venue

 

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