REG - Veltyco Group PLC - Grant of Options <Origin Href="QuoteRef">VLTY.L</Origin>

B90 HoldingsAnnouncement

05/07/2017 17:05

RNS Number : 2465K
Veltyco Group PLC
05 July 2017
5 July 2017
Veltyco Group PLC
("Veltyco" or "the Company")
Grant of Options 
Veltyco Group plc (AIM: VLTY), the online marketing company for the gaming industry, announces that on 5 July 2017 options over 300,000 ordinary shares of zero par value (Ordinary Shares") were granted under the Company's Long Term Incentive Plan May 2016 (as amended) to each of David Mathewson, Marcel Noordeloos, Hans Dahlgren and Mark Rosman with an exercise price of 65p per share, being the closing bid price of the Ordinary Shares the day before the grant. The 1,200,000 options vest in equal instalments over 4 years following the expiry of one year from the date of grant. Any unexercised options lapse on the fifth anniversary of the date of grant.
This announcement contains inside information.
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
1
Details of the persons discharging managerial responsibilities
a)
Name
1. David Mathewson
2. Mark Rosman
3. Marcel Noordeloos
4. Hans Dahlgren
2
Reasonforthenotification
a)
Position/status
1. Chairman
2. Director
3. CFO
4. CTO
b)
Initialnotification /Amendment
Initial notification
3
Details of the issuer
a)
Name
Veltyco Group plc
b)
LEI
2138007KWLZHV5I1A979
4
Detailsofthetransaction(s):sectiontoberepeated for(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactions havebeenconducted
a)
Descriptionof the financial instrument,type ofinstrument
Options over Ordinary Shares of no par value
Identification
code
ISIN for Ordinary Shares: IM00BYT32K14
b)
Natureofthetransaction
Grant of options
c)
Price(s)andvolume(s)
Option Price(s)
Volume(s)
65p
1. 300,000
2. 300,000
3. 300,000
4. 300,000
d)
Aggregated information
- Aggregated volume
- Price
- Options over 1,200,000 shares
- 65p per share (exercise price)
e)
Date of the transaction
5 July 2017
f)
Place of the transaction
Outside a trading venue.
Shares issued on exercise of options to be admitted to trading on AIM, London Stock Exchange
For further information please contact:
Veltyco
+44 (0)16 2460 5764
David Mathewson, Chairman
Marcel Noordeloos, CFO


Northland Capital Partners Limited
+44 (0)20 3861 6625
Tom Price
Edward Hutton
Margarita Mitropoulou


IFC Advisory (Financial PR)
+44 (0)203 053 8671
Graham Herring
Tim Metcalfe
Miles Nolan

About Veltyco
Veltyco is a group of companies primarily focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry. Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting.
Website: www.veltyco.com

This information is provided by RNS
The company news service from the London Stock Exchange
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