REG - EMV Capital PLC - Grant of Share Options

EMV CapitalAnnouncement

31/12/2024 07:15

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RNS Number : 6616R  EMV Capital PLC  31 December 2024

For release: 07.05, 31 December 2024

 

EMV Capital plc

(EMVC or the Company)

 

Grant of Share Options

EMV Capital plc (AIM: EMVC), the deeptech and life sciences VC investment
group, announces that it has granted a total of 345,000 new options (New
Options) to subscribe for ordinary shares in the capital of the Company
(Ordinary Shares) to its directors and a PDMR, as detailed below.

In line with the Company's remuneration policy, the Remuneration Committee has
approved the award of the following New Options to the Executive Directors and
a PDMR as referred to below in connection with their annual remuneration. In
addition, the Company's Board has approved the award of the following New
Options to its Non-Executive Directors.

 Director                                           New Options  Total options held (including existing options)
 Dr Ilian Iliev, CEO                                120,000      685,656
 Ed Hooper, Executive Director                      120,000      685,656
 Dr Charles Spicer, Chair                           30,000       125,238
 Dr Jonathan Robinson, Senior Independent Director  30,000       99,610
 Nick Salisbury, PDMR                               45,000       45,000

The New Options were granted under the EMV Capital Share Option Scheme,
pursuant to which options over a total of 2,417,732 Ordinary Shares have now
been granted (excluding lapsed options but including exercised options),
representing approximately 8.71 per cent. of the Company's issued share
capital. The maximum potential dilution arising from options awarded under the
EMV Capital Share Option Scheme remains below the upper limit of 10 per cent.
under the rules of the plan.

The New Options have an exercise price of 50 pence per share, which price is
equal to the issue price for the Company's recent share issuance (announced 5
December 2024) and higher than the average of the closing market quotations
for Ordinary Shares over the five dealing days prior to the date on which the
New Options were granted (the latter being the minimum price that could have
been set).

The New Options will vest as to one third on the date of grant, as to a
further third on the first anniversary of the date of grant and as to the
final third on the second anniversary of the date of grant. The New Options
may not be exercised earlier than the third anniversary of the date of grant
and lapse 10 years after the date of grant (if not sooner in accordance with
the terms of the EMV Capital Share Option Scheme rules).

The FCA notification, made in accordance with the requirements of the EU
Market Abuse Regulation, is appended below.

 

The person responsible for arranging the release of this announcement on
behalf of the Company is Ed Hooper, Executive Director and General Counsel of
the Company.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE UK VERSION OF REGULATION (EU) NO 596/2014 WHICH IS PART OF UK LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

-Ends-

 

 For more information, please contact:
 EMV Capital plc                                                             via Rosewood
 Ilian Iliev, CEO

 Panmure Liberum (UK) Limited (NOMAD and Broker)                             +44 (0)20 7886 2500
 Emma Earl / Will Goode / Freddy Crossley / Mark Rogers (Corporate Finance)
 Rupert Dearden (Corporate Broking)

 Rosewood (Financial PR)                                                     +44 (0)20 7653 8702
 John West / Llewellyn Angus / Lily Pearce

 

About EMV Capital plc (EMVC)

EMV Capital plc, formerly known as NetScientific plc, is a deep tech and life
sciences venture capital investment group with an international portfolio of
high-growth companies.

With a strategic focus on generating superior returns for investors from the
fast-growing sectors and technologies that will define our future; EMV Capital
invests in, manages and strengthens early stage IP-rich companies.

EMV Capital holds both direct equity stakes and carried interest in its
portfolio companies, creating an evergreen structure that supports extensive
growth and value creation. EMV Capital's investment thesis is realised through
these capital sources:

·     capital-efficient investments through Group balance sheet;

·     fund management of the Evergreen EIS and Martlet Capital Funds;

·     syndicated investments leveraging its network of third-party
investors.

EMV Capital's approach is characterised by its proactive management style,
aiming to advance portfolio companies to critical value inflection points by
actively engaging with them. Companies are supported through Board
representation and the use of its Value Creation Services practice.

Headquartered in London, with a Cambridge presence and strong international
links, EMV Capital is quoted on the AIM market of the London Stock Exchange.

For more information, visit www.emvcapital.com (http://www.emvcapital.com)

 

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                                                         Dr Ilian Iliev
 2    Reason for the notification
 a)   Position/status                                              Director
 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         EMV Capital plc
 b)   LEI                                                          213800N5WD46G1Y7I458
 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 over EMVC 5p Ordinary Shares

      Identification code

                                                                   GB00BN4R5Q82
 b)   Nature of the transaction                                    Grant of options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   £0.50     120,000 options

 
 d)   Aggregated information                                       N/a

       - Aggregated volume

       - Price

 e)   Date of the transaction                                      30 December 2024

 f)   Place of the transaction                                     UK AIM

 

d)

 

Aggregated information

 - Aggregated volume

 

 - Price

 

N/a

e)

 

Date of the transaction

30 December 2024

f)

 

Place of the transaction

UK AIM

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Ed Hooper
 2    Reason for the notification
 a)   Position/status                                              Director
 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         EMV Capital plc
 b)   LEI                                                          213800N5WD46G1Y7I458
 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 over EMVC 5p Ordinary Shares

      Identification code

                                                                   GB00BN4R5Q82
 b)   Nature of the transaction                                    Grant of options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   £0.50     120,000 options

 
 d)   Aggregated information                                       N/a

       - Aggregated volume

       - Price

 e)   Date of the transaction                                      30 December 2024

 f)   Place of the transaction                                     UK AIM

 

d)

 

Aggregated information

 - Aggregated volume

 

 - Price

 

N/a

e)

 

Date of the transaction

30 December 2024

f)

 

Place of the transaction

UK AIM

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Dr Charles Spicer
 2    Reason for the notification
 a)   Position/status                                              Director
 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         EMV Capital plc
 b)   LEI                                                          213800N5WD46G1Y7I458
 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 over EMVC 5p Ordinary Shares

      Identification code

                                                                   GB00BN4R5Q82
 b)   Nature of the transaction                                    Grant of options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   £0.50     30,000 options

 
 d)   Aggregated information                                       N/a

       - Aggregated volume

       - Price

 e)   Date of the transaction                                      30 December 2024

 f)   Place of the transaction                                     UK AIM

 

d)

 

Aggregated information

 - Aggregated volume

 

 - Price

 

N/a

e)

 

Date of the transaction

30 December 2024

f)

 

Place of the transaction

UK AIM

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Dr Jonathan Robinson
 2    Reason for the notification
 a)   Position/status                                              Director
 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         EMV Capital plc
 b)   LEI                                                          213800N5WD46G1Y7I458
 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 over EMVC 5p Ordinary Shares

      Identification code

                                                                   GB00BN4R5Q82
 b)   Nature of the transaction                                    Grant of options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   £0.50     30,000 options

 
 d)   Aggregated information                                       N/a

       - Aggregated volume

       - Price

 e)   Date of the transaction                                      30 December 2024

 f)   Place of the transaction                                     UK AIM

 

d)

 

Aggregated information

 - Aggregated volume

 

 - Price

 

N/a

e)

 

Date of the transaction

30 December 2024

f)

 

Place of the transaction

UK AIM

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nick Salisbury
 2    Reason for the notification
 a)   Position/status                                              PDMR
 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         EMV Capital plc
 b)   LEI                                                          213800N5WD46G1Y7I458
 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 over EMVC 5p Ordinary Shares

      Identification code

                                                                   GB00BN4R5Q82
 b)   Nature of the transaction                                    Grant of options
 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   £0.50     45,000 options

 
 d)   Aggregated information                                       N/a

       - Aggregated volume

       - Price

 e)   Date of the transaction                                      30 December 2024

 f)   Place of the transaction                                     UK AIM

 

d)

 

Aggregated information

 - Aggregated volume

 

 - Price

 

N/a

e)

 

Date of the transaction

30 December 2024

f)

 

Place of the transaction

UK AIM

 

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