REG - Brand Architekts Grp - Grant of Options

Brand ArchitektsAnnouncement

12/06/2023 10:45

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RNS Number : 4038C  Brand Architekts Group PLC  12 June 2023

Brand Architekts Group plc

 

("Brand Architekts" or "the Company")

 

Grant of share options

 

Brand Architekts Group plc (the Company), has, pursuant to the rules of the
Brand Architekts Group plc 2023 Long Term Incentive Plan ("LTIP"), granted
options to Quentin Higham to subscribe for up to 230,000 ordinary shares of 5p
each in the capital of the Company (the "Options") as follows:

 

 Director              Number of new Options granted  Total Number of Options now  % of issued share

                                                      held                         capital represented by Options now held
 Quentin Higham (CEO)  230,000                        486,743                      1.74%

 

All of the 230,000 new Options granted under the LTIP are linked to a share
price target ranging from a threshold at 60 pence to the full award at a share
price of 120 pence. To the extent that this performance condition is met at
the financial year end 2025, the Options can be exercised at nil cost.

In addition, 241,070 options granted under the Brand Architekts Group plc 2009
Long Term Incentive Plan including 180,070 options previously awarded to Tom
Carter (CFO) have been cancelled ("Cancelled Options"). Therefore, following
the grant of Options and the Cancelled Options the total number of ordinary
shares subject to options and which could, in the future, be issued is
514,743. This represents 1.84% of the current issued share capital of the
Company which comprises 27,943,180 Ordinary Shares.

 

 

 For further information, please contact:
 Brand Architekts Group plc
 Quentin Higham              Chief Executive Officer

 Shaun Dobson/ Jen Boorer    Singer Capital Markets   0207 496 3000
 Josh Royston / Sam Modlin   Alma PR                  0203 405 0205

 

 

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                                                         Quentin Higham
 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 participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Brand Architekts Group PLC
 b)  LEI                                                          213800BSD8D9QEUKCE17
 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  Ordinary Shares of 5 pence each
     Identification code                                          GB0008667304
 b)  Nature of the transaction                                    Grant of options
 c)  Price(s) and volume(s)

Price(s)                          Volume(s)
                                                                  Exercise price of nil per Option  230,000

 d)  Aggregated information                                       N/A
     - Aggregated volume
     - Price
 e)  Date of the transaction                                      12 June 2023
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

N/A

- Aggregated volume

- Price

e)

Date of the transaction

12 June 2023

f)

Place of the transaction

London Stock Exchange

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Tom Carter
 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 participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Brand Architekts Group PLC
 b)  LEI                                                          213800BSD8D9QEUKCE17
 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  Ordinary Shares of 5 pence each
     Identification code                                          GB0008667304
 b)  Nature of the transaction                                    Cancellation of options
 c)  Price(s) and volume(s)

Price(s)                          Volume(s)

                                                                  Exercise price of nil per Option  180,070

 

 d)  Aggregated information                                       N/A
     - Aggregated volume
     - Price
 e)  Date of the transaction                                      12 June 2023
 f)  Place of the transaction                                     London Stock Exchange

 

 

 

 

d)

Aggregated information

N/A

- Aggregated volume

- Price

e)

Date of the transaction

12 June 2023

f)

Place of the transaction

London Stock Exchange

 

 

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