REG - Arcontech Group PLC - Grant of Options

ArcontechAnnouncement

05/12/2024 18:00

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RNS Number : 0470P  Arcontech Group PLC  05 December 2024

ARCONTECH GROUP PLC

 

("Arcontech" or the "Company")

 

Grant of Options

 

Arcontech (AIM: ARC), the provider of products and services for real-time
financial market data processing and trading, announces that on 4 December
2024 it granted a total of 30,000 options ("Options") over ordinary shares of
£0.125 in the Company ("Ordinary Shares") under the Company's EMI scheme to
the following person disclosing managerial responsibility ("PDMRs"), Mark
Maguire (Head of Customer Support).

 

The Options have been granted at a price of 125.5p pence per Ordinary Share,
being the closing mid-market price of the Company's Ordinary Shares on 3
December 2024. The Options will be exercisable from 30 June 2027 and are not
subject to performance criteria.

 

Following this grant, there are a total of 610,500 options outstanding,
representing approximately 4.5% of the current issued share capital of the
Company.

 

Further detail is set out in the PDMR disclosure tables below.

 

* Fully diluted earnings will be based on: (a) the Company's pre-tax profit
excluding exceptional items and the share option charge and (b) the current UK
corporation tax rate of 19%, such that the fully diluted earnings calculation
takes no account of R&D and deferred tax credits. For the purposes of the
fully diluted earnings calculation, the applied rate of corporation tax will
remain constant at 19% irrespective of any current or future changes to
corporation tax.

 

 

 Enquiries:
 Arcontech Group plc                                   020 7256 2300
 Geoff Wicks,  Chairman and Non-Executive Director
 Matthew Jeffs,  Chief Executive Officer

 Cavendish Capital Markets Ltd (Nomad & Broker)
 Carl Holmes/Rory Sale (Corporate Finance)            020 7220 0500

 Harriet Ward (Corporate Broking)

To access more information on the Group please visit:   www.arcontech.com
(http://www.arcontech.com)

 

 1.                        Details of the person discharging managerial responsibilities / person closely
                           associated
 a)                        Name                                                         Mark Maguire
 2.                        Reason for the Notification
 a)                        Position/status                                              Head of Customer Support
 b)                        Initial notification/Amendment                               Initial notification
 3.                        Details of the issuer, emission allowance market participant, auction
                           platform, auctioneer or auction monitor
 a)                        Name                                                         Arcontech Group Plc
 b)                        LEI                                                          213800O7PM9V79TP7523
 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  Options over Ordinary Shares of £0.125
                           Identification code                                          ARC GB00BDBBJZ03
 b)                        Nature of the transactions                                   Grant of Options over Ordinary Shares
 c)                        Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                                        125.5p    30,000
 d)                        Aggregated information:                                      See 4(c) above

                           ·    Aggregated volumes

                           ·    Prices
 e)                        Date of the transaction                                      04 December 2024
 f)                        Place of the transaction                                     Off market transaction

d)

Aggregated information:

·    Aggregated volumes

·    Prices

See 4(c) above

e)

Date of the transaction

04 December 2024

f)

Place of the transaction

Off market transaction

 

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