REG - Fadel Partners Inc. - Grant of Options

Fadel PartnersAnnouncement

22/03/2024 07:00

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RNS Number : 8750H  Fadel Partners Inc.  22 March 2024

Fadel Partners, Inc.

 

('FADEL', the 'Company' or, together with its subsidiaries, the 'Group')

 

Grant of Options

 

On 22 March 2024 Ian Flaherty, Chief Financial Officer, was awarded the
following options over the Company's common shares of US $0.001 par value each
("Common Shares") under the FADEL 2023 Equity Incentive Plan ("Plan"):

 

 Name of PDMR  Number of share options granted  Exercise price  Total number of share options held following this notification  Total number of share options as % of current issued share capital

 Ian Flaherty  252,890                          GBP£1.44        252,890                                                         1.25%

 

 

The market priced share options granted to Ian Flaherty on 22 March 2024 shall
become 25% vested and exercisable on the twelve-month anniversary of the date
of grant, 22 March 2025, with the remaining balance of option shares becoming
vested and exercisable in 36 equal monthly installments commencing with the
month following the twelve-month anniversary of the grant date.

 

In addition, further grants of, in aggregate, 377,312 options over Common
Shares have been made to certain employees, also under the Plan.

 

Further to the above grants, the number of options over Common Shares granted
under the Plan now represents 7.21% of the Company's current issued share
capital.

 

This announcement contains inside information for the purposes of the retained
UK version of the EU Market Abuse Regulation (EU) 596/2014 ("UK MAR").

 

For further information please contact:

 Tarek Fadel, Chief Executive Officer                                  Via Alma PR

 Ian Flaherty, Chief Financial Officer

 Cavendish Capital Markets Limited (Nomad & Broker)                    020 7220 0500
 Jonny-Franklin Adams, Emily Watts, Abigail Kelly (Corporate Finance)
 Tim Redfern, Sunila De Silva (ECM)

 Alma Strategic Communications                                         Tel: +44(0)20 3405 0205
 Josh Royston                                                          fadel@almastrategic.com
 Andy Bryant
 Sam Modlin

 

 

 

Details of the transaction are reported in the PDMR notification below:

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated

 a)  Name                                                         Ian Flaherty
 2   Reason for the 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                                                         Fadel Partners, Inc.
 b)  LEI                                                          2138006CF39FSLKDRZ65
 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 over 252,890 common shares of US $0.001 par value each.

                                                                  ISIN: USU3033R1024

 c)  Currency                                                     GBP£
 d)  Price(s) and volumes(s)                                      Price(s)                               Volume(s)

                                                                  GBP£1.44                               252,890
 e)  Aggregated information                                       As above

     -      Aggregated volume

     -      Price

 f)  Date of the transaction                                      22 March 2024
 g)  Place of the transaction                                     NA (grant of options)

 

 

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