REG - Crimson Tide PLC - Director/PDMR Shareholding - Grant of Options

Crimson TideAnnouncement

27/11/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251127:nRSa1739Ja&default-theme=true

RNS Number : 1739J  Crimson Tide PLC  27 November 2025

27 November 2025

 

Crimson Tide plc

("Crimson Tide", the "Company" or the "Group")

 

Grant of share options and director/PDMR dealing notifications

 

Crimson Tide plc (TIDE), the provider of the mpro5 process management app,
announces that 522,702 options have been granted over the Company's ordinary
shares of 10 pence (the "Ordinary Shares") under the Company's EMI share
option scheme (the "EMI Scheme") (the "Options").

 

Options were granted to the leadership team, including the maiden grant of
115,060 Options to Jon Clarke, CEO, and 82,186 Options to Rachael Rowe,
Finance Director.

 

The Options have an exercise price of 71 pence per Ordinary Share, being the
closing mid-market price of an Ordinary Share on 24 November 2025, the last
practicable date prior to the grant of the Options. Pursuant to the EMI
Scheme, the Options vest after 3 years and the number that vest is subject to
the achievement of certain performance conditions relating to annual recurring
revenue and total shareholder return. Any vested Options are exercisable for 7
years.

 

Following the above grant, there are a total of 631,702 options outstanding
over unissued Ordinary Shares representing approximately 9.6 per cent. of the
Company's current ordinary share capital.

 

The FCA notification for director/PDMR dealings, made in accordance with the
requirements of the UK Market Abuse Regulation, is appended further below.

 

 

Commenting on the grant, Chris Fielding, Chair of the Company, stated:

"The Board believes it critical to motivate the management of the Company in a
manner which is consistent with investor guidelines. We are therefore
delighted to have made this grant and look forward to the new management team
achieving further progress, to the benefit of all holders of shares and
options."

 

 

Enquiries:

 

 Crimson Tide plc                                              +44 1892 542444

 Chris Fielding, Non-Executive Chairman

 Jon Clarke, Chief Executive Officer

 Rachael Rowe, Finance Director

 Allenby Capital Limited - Nominated Adviser & Broker          +44 (0)20 3328 5656

 Jeremy Porter / Ashur Joseph (Corporate Finance)              info@allenbycapital.com

 Tony Quirke / Lauren Wright (Sales & Corporate Broking)

The following notifications, made in accordance with the requirements of the
UK Market Abuse Regulation, provide further details of the director/PDMR
dealings.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name                                                         1.   Jon Clarke

                                                                  2.   Rachael Rowe

 2   Reason for notification
 a.  Position/Status                                              1.   Chief Executive Officer

                                                                  2.   Finance Director

 b.  Initial notification/                                        Initial Notification

     Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         Crimson Tide PLC
 b.  LEI                                                          213800YUNLNBVYR3G129
 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 10p each

Identification Code

                                                                  ISIN: GB00BRJRV969
 b.  Nature of the transaction                                    Grant of share options
 c.  Price(s) and volume(s)

Price(s)     Volume(s)

                                                                  1.   71p     1.   115,060

                                                                  2.   71p     2.   82,186

 
 d.  Aggregated information                                       As above
 e.  Date of the transaction                                      25 November 2025
 f.  Place of the transaction                                     Outside a trading venue

 

d.

Aggregated information

As above

e.

Date of the transaction

25 November 2025

f.

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUNOWRVSUAUAA



            Copyright 2019 Regulatory News Service, all rights reserved