REG - Bytes Technology Grp - Grant of options under Sharesave Scheme

Bytes TechnologyAnnouncement

23/06/2023 07:00

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RNS Number : 5045D  Bytes Technology Group PLC  23 June 2023

23 June 2023

 

Bytes Technology Group plc
('the Company')

 

Grant of options under Sharesave Scheme

 

On 22 June 2023, the Company granted options over a total of 337,890 ordinary
shares of £0.01 each ('the Options') under the Bytes Technology Group
Sharesave Scheme ('the Scheme'). The Options have been granted to
participating employees under the rules of the Scheme, an HM Revenue &
Customs approved scheme introduced to encourage wider employee share ownership
of the Company. The Options are exercisable at a price of £3.92 per ordinary
share from 1 August 2026 in accordance with the rules of the Scheme.

 

The total grant of options under the Scheme in 2023, 2022 and 2021 (the
previous two grants exercisable at a price of £3.72 per ordinary share from 1
August 2025 and £4.00 per ordinary share from 1 August 2024, respectively)
represents 0.62% of the Company's existing share capital.

 

Enquiries

 WK Groenewald                Tel: +44 (0)1372 418 992

 Group Company Secretary

 Bytes Technology Group plc

 

The Company has a primary listing on the Main Market of the London Stock
Exchange and a secondary listing on the Johannesburg Stock Exchange.

 

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