REG - Brandshield Systems - PDMR Dealing and Grant of Employee Options

Brandshield SystemsAnnouncement

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.  1/16th of 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


Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


BrandShield Systems Plc




b)


LEI


213800K5AXTQDWB6BP80




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
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




 

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  END
 
 
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