Brandshield Systems - PDMR Dealing and Grant of Employee Options

Brandshield Systems

21/06/2021 13:00

RNS Number : 5686C

Brandshield Systems PLC

21 June 2021

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

BrandShield Systems Plc

("BrandShield" or the "Company")

PDMR Dealing and Grant of Employee Options

 

21 June 2021

BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions from brand protection to online threat hunting, announces that, on 21 June 2021, it issued options over a total of 4,730,000 ordinary shares of 1p each ("Options") to a director ("Director Options") and employees, all at an exercise price of £0.25.

 

The 90,000 Director Options will vest equally in monthly instalments between 12 months from date of grant to 4 years from date of grant.  The remaining employee options will have the same vesting conditions.

 The issue of Director Options is outlined below:

Name of Director / PDMR
Number of Director Options granted
Exercise Price
Vesting Conditions
End of Exercise Period
Ravit Freedman (CFO)
90,000
£0.25
25% after 12 months from grant. 1/16thof total every quarter for a further 3 years.
10 years from date of issue.

 

 

 

 

-Ends-

For further information please visit https://www.brandshield.com/ or contact:

BrandShield Systems plc
Yoav Keren, CEO
+44 (0)20 3143 8300
Spark Advisory Partners Limited (Nominated Adviser)
Neil Baldwin / Andrew Emmott
+44 (0)20 3368 3554
Shore Capital (Joint Broker)
Toby Gibbs / James Thomas / Sarah Mather (Corporate Advisory)
Henry Willcocks (Corporate Broking)
+44 (0)20 7408 4090
Tennyson Securities (Joint Broker)
Peter Krens
+44 (0)20 7186 9033

 

 

**ENDS**

The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to these PDMR dealings.

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ravit Freedman
2
Reason for notification
a)
Position / status
Director
b)
Initial notification
/Amendment
Initial
3
Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)
Name
BrandShield Systems Plc
b)
LEI
213800K5AXTQDWB6BP80
4
Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)
Description of the financial instrument, type ofinstrument
Identification code
Ordinary shares of 1p (£0.01) each in the capital of BrandShield Systems Plc
ISIN GB00BM97CN29
Nature of the transaction
Grant of options
Price(s) and volumes(s)
Price(s)
Volume(s)
£0.25
90,000
d)
Aggregated information
- Aggregated volume
- Aggregated price
90,000
£0.25
e)
Date of the transaction
21 June 2021
f)
Place of the transaction
Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
DSHSEAFFFEFSEFM