REG - Directa Plus PLC - Grant of Options
RNS Number : 4953FDirecta Plus PLC17 November 202017 November 2020
Directa Plus plc
("Directa Plus" or the "Company")
Grant of Options
Directa Plus (AIM: DCTA), a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, announces that, on 12 November 2020, the Board approved the adoption of the 2020 Employees' Share Scheme and the grant of performance-related options over a total of 1,801,000 ordinary shares of pence each in the Company (the "Options") to key executives and employees. This included the grant of Options to certain directors and PDMRs, as follows:
Name
Position
Number of Options
Giulio Cesareo
Chief Executive Officer
600,000
Razvan Popescu
Chief Operating Officer
300,000
Marco Ferrari
Chief Financial Officer
250,000
Laura Rizzi
Chief Technical Officer
200,000
Subject to the satisfaction of criteria related to the Company's share price performance over the period, the Options (or a portion thereof) will vest in three equal tranches on each of the first, second and third anniversaries of the date of award. 75 per cent. of the vested Options may be exercised after the third anniversary and the remaining 25% may be exercised after the fourth anniversary. The exercise price of each Option will be 66.46 pence, which is the average closing bid price of the Company's shares on the London Stock Exchange plc for the 30 days before the date of grant.
For further information please visit http://www.directa-plus.com/ or contact:
Directa Plus plc
+39 02 36714458
Giulio Cesareo, CEO
Marco Ferrari, CFO
Cenkos Securities plc (Nominated Adviser and Joint Broker)
+44 131 220 6939
Neil McDonald
Pete Lynch
N+1 Singer (Joint Broker)
+44 20 7496 3069
Rick Thompson
Phil Davies
Tavistock (Financial PR and IR)
+44 20 7920 3150
Simon Hudson
Edward Lee
About Directa Plus
Our focus is principally on the two sectors in which we have strong commercial advantage through developed and launched products and a technological lead: environmental (based on our Grafysorber® product) and textiles (based on our G+ products). In addition, we will continue to pursue opportunities in elastomers and composites (including tyres and asphalt), also using our G+ products. All our products are hypoallergenic, non-toxic and sustainably produced.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Giulio Cesareo
2
Reason for 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
Directa Plus plc
b)
LEI
213800X2DQST3K5ND898
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
Grant of options under the Directa Plus plc 2020 Employees' Share Scheme
Identification code
ISIN: GB00BSM98843
b)
Nature of the transaction
Award of Share Options
c)
Price(s) and volume(s)
Price
Volume
66.46p
600,000
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
12 November 2020
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Razvan Popescu
2
Reason for 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
Directa Plus plc
b)
LEI
213800X2DQST3K5ND898
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
Grant of options under the Directa Plus plc 2020 Employees' Share Scheme
Identification code
ISIN: GB00BSM98843
b)
Nature of the transaction
Award of Share Options
c)
Price(s) and volume(s)
Price
Volume
66.46p
300,000
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
12 November 2020
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Marco Ferrari
2
Reason for notification
a)
Position/Status
Chief Financial Officer
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Directa Plus plc
b)
LEI
213800X2DQST3K5ND898
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
Grant of options under the Directa Plus plc 2020 Employees' Share Scheme
Identification code
ISIN: GB00BSM98843
b)
Nature of the transaction
Award of Share Options
c)
Price(s) and volume(s)
Price
Volume
66.46p
250,000
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
12 November 2020
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Laura Rizzi
2
Reason for notification
a)
Position/Status
Chief Technical Officer
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Directa Plus plc
b)
LEI
213800X2DQST3K5ND898
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
Grant of options under the Directa Plus plc 2020 Employees' Share Scheme
Identification code
ISIN: GB00BSM98843
b)
Nature of the transaction
Award of Share Options
c)
Price(s) and volume(s)
Price
Volume
66.46p
200,000
d)
Aggregated information
- Aggregated volume
- Price
N/A Single Transaction
e)
Date of the transaction
12 November 2020
f)
Place of the transaction
London Stock Exchange, AIM
-ends-
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