REG - Checkit PLC - Director/PDMR Shareholding

CheckitAnnouncement

22/02/2021 07:00

RNS Number : 8116P
  
Checkit PLC
  
22 February 2021
  
 

Checkit plc
("Checkit" or the "Group")
Grant of options and PDMR dealings 
Checkit plc (AIM:CKT) announces that, on 19 February 2021, it granted options over ordinary shares of 5 pence each ("Ordinary Shares") to certain PDMRs to subscribe for, in aggregate, up to 455,000 Ordinary Shares under the Group's EMI and US Options Schemes (the "Options"). 
 
Options granted under both the EMI Options Scheme and US Options Scheme are exercisable after a three-year holding period and there are no performance conditions. Options granted under these schemes expire on the tenth anniversary of the date of grant. 
 
Following the above award of the Options, the total options outstanding are as follows:
 



Date of 
award


Exercise price


Number of options


Earliest exercise date


% of issued share capital




July 2020


40.5p


2,645,000


July 2023


4.24%




February 2021


55.5p


1,585,000


February 2024


2.54%




February 2021


55.0p


455,000


February 2024


0.73%




TOTAL






4,685,000






7.50%



 
Director/PDMR Dealings 
Included within the above, the Options granted to certain Directors and PDMRs of the Group are as follows:
 



Director / PDMR


Number of new Options granted




Kit Kyte, Chief Commercial Officer


227,500




Stephen Peck, US Managing Director


227,500



 
The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.
 



Checkit plc


+44 (0) 1223 371 000




www.checkit.net








Keith Daley (Executive Chairman)








Michelle Ho (Company Secretary)


















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 
 
 


Kit Kyte
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Chief Commercial Officer (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 55.0 pence per Ordinary Share


227,500 






























d) 
 


Aggregated information 


N/A














- Aggregated volume


















- Price


















e) 
 


Date of the transaction 
 


19 February 2021




f) 


Place of the transaction 


Outside a trading venue



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Stephen Peck
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


US Managing 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 55.0 pence per Ordinary Share


227,500 






























d) 
 


Aggregated information 


N/A














- Aggregated volume


















- Price


















e) 
 


Date of the transaction 
 
 


19 February 2021




f)


Place of the transaction 


Outside a trading venue



 

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