REG - Crimson Tide PLC - Exercise Of Options

Crimson TideAnnouncement

02/11/2018 14:10

RNS Number : 2225G
Crimson Tide PLC
02 November 2018
 


 
CRIMSON TIDE PLC
 ("Crimson Tide" or "the Company")
 
Exercise of Options
 
Crimson Tide announces that two senior employees have exercised options over 3,000,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") under the Company's EMI Share Option Scheme.
 
The new Ordinary Shares issued pursuant to the exercise of options will rank pari passu with the existing Crimson Tide Ordinary Shares. Application has been made for the 3,000,000 shares to be admitted to AIM and admission is expected to take place on or around 8th November 2017.
 
The total number of shares in issue following the issue of these shares will be 457,486,234. Crimson Tide has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
 
 
Crimson Tide plc
Barrie Whipp                           01892 542 444
Luke Jeffrey
 
Arden Partners                        020 7614 5900
Steve Douglas                                               
Dan Gee-Summons
 
 
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Laurence D'Arcy




2


Reason for the notification




a)


Position/status


International Strategic Director, Crimson Tide IE Ltd.




b)


Initial notification/ Amendment


Initial Notification




3


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




a)


Name


Crimson Tide plc




b)


LEI


N/A




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 0.1p each
 
 
GB0002080082




b)


Nature of the transaction


Exercise of share options




c)


Price(s) and volume(s)






Price(s)


Volume(s)




 1p


2,000,000




 




d)


Aggregated information
-     Aggregated volume
-     Price


 
2,000,000
1p




e)


Date of the transaction


02 November 2018




f)


Place of the transaction


London Stock Exchange, AIM




 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Timothy Price




2


Reason for the notification




a)


Position/status


Head of CRM and Analytics, Crimson Tide Mpro Ltd.




b)


Initial notification/ Amendment


Initial Notification




3


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




a)


Name


Crimson Tide plc




b)


LEI


N/A




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 0.1p each
 
 
GB0002080082




b)


Nature of the transaction


Exercise of share options




c)


Price(s) and volume(s)






Price(s)


Volume(s)




 1p


1,000,000




 




d)


Aggregated information
-     Aggregated volume
-     Price


 
1,000,000
1p




e)


Date of the transaction


02 November 2018




f)


Place of the transaction


London Stock Exchange, AIM




 




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