REG - Checkit PLC - Grant of share options and PDMR dealings

CheckitAnnouncement

07/07/2020 10:35

RNS Number : 2651S
  
Checkit PLC
  
07 July 2020
  
 

Checkit plc
("Checkit" or the "Group")
Grant of share options and PDMR dealings 
 
Checkit plc (AIM:CKT), is pleased to announce that following the establishment of its new EMI Options Scheme it has granted options (the "EMI Options") over ordinary shares of five pence each ("Ordinary Shares") to all staff employed by the Group on 7 July 2020. The minimum award comprised of EMI Options over for 5,000 Ordinary Shares, with higher awards made depending on seniority and other criteria. The EMI Options are exercisable after a three-year holding period.
Following the above award of EMI Options, the total options outstanding are as follows:



Date of award


Exercise price


Number of options


Earliest exercise date


% of issued share capital




December 2017


12.2p


   413,925


December 2020


0.67




July 2020


40.5p


3,200,000


July 2023


5.16




TOTAL


 


3,613,925


 


5.83



 
PDMR Dealings
Included within the above, EMI Options were granted to Aylsa Muir, CFO Designate, and Sara Coate, Group Company Secretary and Solicitor, over 310,000 Ordinary Shares and 100,000 Ordinary Shares respectively representing 0.5% and 0.2% of issued share capital.
Keith Daley, Executive Chair commented:
"This is an exciting time for all of us as we all work hard to develop the business and increase shareholder value.  The Board is keen to align the interests of staff with those of our shareholders."
 
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
 



Checkit plc


+44 (0) 1223 371 000




www.checkit.net


 




Keith Daley (Executive Chairman)


 




Sara Coate (Company Secretary)


 




 


 




Yellowstone Advisory (Investor Relations)


+44 (0) 7710 164 120




Alex Schlich  


 




 


 




N+1 Singer (Nominated Adviser & Broker) 


+44 (0) 20 7496 3000




Shaun Dobson / George Tzimas (Corporate Finance)


 




Rachel Hayes (Corporate Broking)







 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Aylsa Muir
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Director/PDMR




b) 
 


Initial notification /Amendment 
 
 


Initial Notification




3 
 


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




a) 
 


Name 
 
 


Checkit plc




b) 
 


LEI 
 
 


213800556WJOWQNT2R68




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 


ISIN: GB00B0C5RG72














b) 
 


Nature of the transaction 
 
 


Grant of options over Ordinary Shares




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















Exercisable at 40.5 pence per Ordinary Share


310,000 Ordinary Shares






























d) 
 


Aggregated information 


N/A














- Aggregated volume


















- Price


















e) 
 


Date of the transaction 
 
 


7 July 2020




f)


Place of the transaction 


Outside a trading venue




 
 
 
 












1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Sara Coate
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Director/PDMR




b) 
 


Initial notification /Amendment 
 
 


Initial Notification




3 
 


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




a) 
 


Name 
 
 


Checkit plc




b) 
 


LEI 
 
 


213800556WJOWQNT2R68




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 


ISIN: GB00B0C5RG72














b) 
 


Nature of the transaction 
 
 


Grant of options over Ordinary Shares 




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















40.5 pence per Ordinary Share


100,000 Ordinary Shares






























d) 
 


Aggregated information 


N/A














- Aggregated volume


















- Price


















e) 
 


Date of the transaction 
 
 


7 July 2020




f) 


Place of the transaction 


Outside a trading venue



 


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