REG - Dillistone Group PLC - Issue of Options

DillistoneAnnouncement

16/06/2022 08:00

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RNS Number : 1119P  Dillistone Group PLC  16 June 2022

 

Dillistone Group Plc

("Dillistone", the "Company" or the "Group")
Issue of Options

Dillistone Group Plc, the AIM quoted supplier of software and services to
recruiters, announces the grant on 16 June 2022 of options over 570,000
Ordinary Shares of 5p each in Dillistone (the "Options") to certain of its
Directors and other members of staff.

Options over 500,000 Ordinary Shares were granted, exercisable within 3 to 10
years but subject to performance conditions, to five Directors under the
Company's LTIP scheme with an exercise price of 22.5p per share. Details of
the grants to Directors are set out below.  The remuneration committee has
approved the grant of options and the thresholds which are challenging.

                  Status    LTIP option grant at 22.5p   No. Options held post Grant including Savings Related Share Options  Current Shareholding

in Company
 Jason Starr      Director  100,000                      150,000                                                              3,577,591
 Simon Warburton  Director  100,000                      166,250                                                              77,290
 Paul Mather      Director  100,000                      217,500*                                                             82,177
 Steve Hammond    Director  100,000                      191,250                                                              0
 Ian Mackin       Director  100,000                      131,250                                                              0
 Total                      500,000                      856,250                                                              3,737,058

* Paul Mather's interest includes options over 51,250 shares granted to his
spouse as an employee.

In addition, options over 70,000 Ordinary Shares with an exercise price of
22.5p per share were granted, exercisable within 3 to 10 years but without
performance conditions, to other members of staff.

Following this grant, the Company has 1,819,725 Ordinary Shares under option,
representing 9.25% of the current issued share capital of the Company.

Commenting on the grant, Giles Fearnley, Non Executive Chairman at Dillistone
said:
"This grant of options is to incentivise staff as the Group focuses on
returning to profitability and continued growth in our Talentis product."

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

Contacts:

 

 Dillistone Group Plc                                Via Walbrook PR
 Jason Starr             Chief Executive
 Ian Mackin              Interim Finance Director

 WH Ireland Limited (Nominated adviser)
 Chris Fielding          Head of Corporate Finance  020 7220 1650

 Walbrook PR
 Tom Cooper / Nick Rome                             020 7933 8780
                                                    dillistone@walbrookpr.com

 

Notes to Editors:

 

Dillistone Group Plc is a global leader in the supply of technology solutions
and test & train services to the recruitment sector worldwide, in both
contingency recruitment and executive search markets.

 

The Group trades through the Ikiru People brand (www.IkiruPeople.com
(https://www.ikirupeople.com/) ), selling into recruitment, staffing and
executive search businesses, as well as corporate talent acquisition teams
around the world.

 

Ikiru People provides the platforms its clients need to test and train
candidates, support further development, enhance the recruitment process, and
source the best talent. Operating in more than 50 countries over six
continents and working with thousands of users, the Group boasts more than 30
years in the market and 100's of years of collective experience.

 

The Group develops, markets and supports the Talentis, FileFinder, Infinity,
Mid-Office, ISV and GatedTalent products.

 

Dillistone was admitted to AIM, a market operated by the London Stock Exchange
plc, in June 2006.

 

Learn about our products:

 

Talentis Software:
https://www.talentis.global/recruitment-software
(https://www.talentis.global/recruitment-software)

Voyager Software:
 https://www.voyagersoftware.com (https://www.voyagersoftware.com)

GatedTalent Services:
https://www.talentis.global/optimization-services
(https://www.talentis.global/optimization-services)

 

 

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                                         1)    Jason Starr

                                                                   2)    Simon Warburton

                                                                   3)    Paul Mather

                                                                   4)    Steve Hammond

                                                                   5)    Ian Mackin
 2.  Reason for the notification
 a)  Position/status:                                              1)    Chief Executive Officer

                                                                   2)    Chief Technology Officer

                                                                   3)    Chief Operating Officer

                                                                   4)    Group Engineering Officer

                                                                   5)    Interim Finance Director
 b)  Initial notification/Amendment:                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name:                                                         Dillistone Group Plc
 b)  LEI:                                                          213800E9K3JGQ46ZS753
 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 Code: GB00B13QQB40
 b)  Nature of the transaction:                                    Grant of Options over Ordinary Shares
 c)  Price(s) and volume(s):                                       Price(s)   Volume(s)
                                                                   1)         100,000

                                                                   2)         100,000

                                                                   3)         100,000

                                                                   4)         100,000

                                                                   5)         100,000
 d)  Aggregated information:

     ·    Aggregated volume:

     ·    Price:
 e)  Date of the transaction:                                      16 June 2022
 f)  Place of the transaction:                                     Outside a trading venue

d)

Aggregated information:

·    Aggregated volume:

·    Price:

 

 

 

e)

Date of the transaction:

16 June 2022

f)

Place of the transaction:

Outside a trading venue

 

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