REG - Digitalbox PLC - Director/PDMR Shareholding

DigitalboxAnnouncement

20/04/2023 13:30

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RNS Number : 9491W  Digitalbox PLC  20 April 2023

Digitalbox plc

("Digitalbox" or the "Company")

Issue of Share Options

Director/PDMR Shareholding

 

Digitalbox plc (AIM: DBOX), the mobile-first digital media business, announces
that on 6 April 2023 it granted options over up to 1,504,441 ordinary shares
of £0.01 in the Company ("Ordinary Shares") to each of James Carter, Chief
Executive Officer of the Company, and to Jim Douglas, Chief Operating Officer
of the Company, at a strike price of 7.88p, this being the published closing
price on the evening before the date of the grant ("Options"). In aggregate,
therefore, the Company granted options over 3,008,882 Ordinary Shares.

 

The Options were issued pursuant to the Company's EMI Option Scheme. They were
issued in accordance with a staff incentive plan approved by the Remuneration
Committee, in accordance with the Company's constitution, and are exerciseable
after three years. The plan is within the Enterprise Management Incentive
rules laid down by HMRC.

 

James Carter has a current shareholding of 10,908,078 Ordinary Shares which
represents 9.3% of the current issued share capital of the Company
(117,923,393 Ordinary Shares). Following the issue of the Options James Carter
holds options over up to 2,186,393 Ordinary Shares in the Company.

 

Jim Douglas has a current shareholding of 10,908,078 Ordinary Shares which
represents 9.3% of the current issued share capital of the Company
(117,923,393 Ordinary Shares). Following the issue of the Options Jim Douglas
holds options over up to 2,186,393 Ordinary Shares in the Company.

 

 

 

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                                                         James Carter

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Digitalbox plc

 b)   LEI                                                          213800SZMUM1M5ROGI69

 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  Options to acquire ordinary shares of £0.01 each

      Identification code                                          GB00BJK9H642

 b)   Nature of the transaction                                    Granting of options over Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     £0.0788           1,504,441

 d)   Aggregated information

      - Aggregated volume                                          1,504,441 options over Ordinary Shares

      - Price                                                      £0.0788 per Ordinary Share

 e)   Date of the transaction                                      6 April 2023

 f)   Place of the transaction                                     Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jim Douglas

 2    Reason for the notification

 a)   Position/status                                              Chief Operating Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Digitalbox plc

 b)   LEI                                                          213800SZMUM1M5ROGI69

 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  Options to acquire ordinary shares of £0.01 each

      Identification code                                          GB00BJK9H642

 b)   Nature of the transaction                                    Granting of options over Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     £0.0788           1,504,441

 d)   Aggregated information

      - Aggregated volume                                          1,504,441 options over Ordinary Shares

      - Price                                                      £0.0788 per Ordinary Share

 e)   Date of the transaction                                      6 April 2023

 f)   Place of the transaction                                     Outside a trading venue

 

This announcement contains information which, prior to its disclosure, was
considered inside information for the purposes of the UK Market Abuse
Regulation and the Directors of the Company are responsible for the release of
this announcement.

 

Enquiries:

 Digitalbox                                                                     c/o SEC Newgate
 James Carter, CEO

 Panmure Gordon (Nominated Adviser, Financial Adviser & Joint Broker  )         Tel: 020 7886 2500
 James Sinclair-Ford / Ivo Macdonald (Corporate Advisory)
 Rupert Dearden (Corporate Broking)

 Leander Capital Partners (Joint Broker)                                        Tel: 07786150915

 Alex Davies

 SEC Newgate (Financial PR)                                                     Tel: 07540 106 366
 Robin Tozer / Molly Gretton / Max Richardson                                   digitalbox@secnewgate.co.uk

 

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