REG - B90 Holdings PLC - Grant of Options

B90 HoldingsAnnouncement

19/04/2023 07:00

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RNS Number : 6590W  B90 Holdings PLC  19 April 2023

19 April 2023

B90 Holdings plc

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

Grant of Options

B90 Holdings (AIM: B90), the online marketing and operating company for the
gaming industry, announces that it has granted options over, in aggregate,
11,500,000 ordinary shares of no par value ("Ordinary Shares") to certain
directors and employees of the Company (the "Options").

The Options have an exercise price of 6.2p per share, being the latest closing
mid-market price per Ordinary Share prior to grant.  The terms of the Options
are the same as the terms of the Company's Long Term Incentive Plan - May 2016
(as amended) . 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. Details of the Options that have been granted to Directors are
summarised in the table below:

 Individual(s)      Number of Options granted  Grant date  Exercise price  Total number of options following this issue
 Ronny Breivik      3,000,000                  18-Apr-23   6.2p            6,000,000
 Marcel Noordeloos  3,000,000                  18-Apr-23   6.2p            8,100,000
 Mark Rosman        3,000,000                  18-Apr-23   6.2p            6,550,000
 Martin Fleisje     750,000                    18-Apr-23   6.2p            750,000

 

Following today's grant of Options, the Company has, in aggregate, 34,455,000
options outstanding, representing approximately 12.2% of its issued share
capital.

 1   Details of the persons discharging managerial responsibilities
 a)  Name                                                             1.     Ronny Breivik

                                                                      2.     Marcel Noordeloos

                                                                      3.     Mark Rosman

                                                                      4.     Martin Fleisje

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

                                                                      2.     Finance Director

                                                                      3.     Non-Executive Director

                                                                      4.     Non-Executive Director
 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)
                                                                                       1. 3,000,000

                                                                      6.2p
                                                                               2. 3,000,000
                                                                               3. 3,000,000
                                                                               4. 750,000
 d)  Aggregated information                                           -     Options over 9,750,000 shares

     - Aggregated volume                                              -     6.2p per share (exercise price)

     - Price

 e)  Date of the transaction                                          18 April 2023
 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 9,750,000 shares

-     6.2p per share (exercise price)

e)

Date of the transaction

18 April 2023

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

 

 

 

For further information please contact:

 

B90 Holdings
plc
+44 (0)1624 605 764

 

Ronny Breivik, Interim Executive Chairman

Marcel Noordeloos, Chief Financial Officer

 

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

James Harris / Richard Johnson / Rob Patrick

 

Zeus Capital Limited
(Broker)
+44 (0)20 3829 5000

Louisa Waddell / Tim Dainton

 

Belvedere (Financial PR &
IR)                                   +44
(0)20 3008 6864

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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