REG - B90 Holdings PLC - Grant of Options

B90 HoldingsAnnouncement

22/06/2022 07:00

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RNS Number : 7103P  B90 Holdings PLC  22 June 2022

For immediate release: 22 June 2022

 

B90 Holdings plc

("B90", the "Company" or "Group")

 

Grant of Options

 

B90 Holdings plc (AIM: B90), the online marketing and operating company for
the gaming industry, announces that it has granted a total
of 2,000,000  options ("Options") over ordinary shares of no par value in
the capital of the Company ("Ordinary Shares") on 21 June 2022, under the
Company's Long Term Incentive Stock Option Plan - May 2016 (as amended) (the
"2016 Plan") to Karim Peer, as part of his appointment as Executive Chairman.

 

The Options have an exercise price of 5p per share, being yesterday's closing
mid-market price per Ordinary Share.  Pursuant to the terms of the 2016 Plan,
the Options will vest in equal instalments over the four years following the
first anniversary of the date of grant and any of the Options that remain
unexercised on the fifth anniversary of the date of grant will lapse.

 

Following this grant of Option, Karim Peer is now interested in, in aggregate,
2,750,000 options over Ordinary Shares and the Company has, in aggregate,
22,205,000 options outstanding, representing approximately 8.4% of its issued
share capital.

 1   Details of the persons discharging managerial responsibilities
 a)  Name                                                             1.     Karim Peer

 2   Reason for the notification
 a)  Position/status                                                  1.     Executive Chairman

 b)  Initial notification /Amendment                                  Initial notification
 3   Details  of  the  issuer
 a)  Name                                                             B90 Holdings plc
 b)  LEI                                                              2138007KWLZHV5I1A979

 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 no par value

     Identification code                                              ISIN for Ordinary Shares: IM00BYT32K14

 b)  Nature of the transaction                                        Grant of options
 c)  Price(s) and volume(s)                                           Option Price(s)  Volume(s)
                                                                      5p               1.     2,000,000
 d)  Aggregated information                                           -     Options over 2,000,000 shares

     - Aggregated volume                                              -     5p per share (exercise price)

     - Price

 e)  Date of the transaction                                          21 June 2022
 f)  Place of the transaction                                         Outside a trading venue.

                                                                      New Ordinary Shares issued on exercise of options will be admitted to trading
                                                                      on AIM, London Stock Exchange

d)

Aggregated information

- Aggregated volume

- Price

 

-     Options over 2,000,000 shares

-     5p per share (exercise price)

e)

Date of the transaction

21 June 2022

f)

Place of the transaction

Outside a trading venue.

New Ordinary Shares issued on exercise of options will be admitted to trading
on AIM, London Stock Exchange

 

 

 

 

-ends-

 

 

For further information please contact:

 

B90 Holdings
plc
                                +44 (0)1624 605
764

Karim Peer, Non-Executive Chairman

Marcel Noordeloos, Chief Financial Officer

 

Strand Hanson Limited (Nominated Adviser)
                    +44 (0)20 7409 3494

James Harris / James Dance / Rob Patrick

 

Whitman Howard Ltd (Broker)

Nick Lovering

 

Belvedere (Financial PR & IR)
                                        +44 (0)20 3687
2754

John West / Llewellyn Angus

 

About B90 Holdings plc

B90 Holdings plc is a group of companies focused on the operation of its own
online Sportsbook and Casino product as well as marketing activities for other
online gaming companies.

 

Website: www.b90holdings.com (http://www.b90holdings.com)

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